Western Digital Corporation (WDC)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	-317,000	-1,285,000	2,391,000	1,220,000	335,000
Revenue	US$ in thousands	13,090,000	12,013,000	18,514,000	16,666,000	16,330,000
Operating profit margin		-2.42%	-10.70%	12.91%	7.32%	2.05%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-317,000K ÷ $13,090,000K
= -2.42%

The operating profit margin of Western Digital Corporation has varied significantly over the past five years. In Jun 30, 2024, the operating profit margin was at -2.42%, marking an improvement from the previous year's -10.70%. This indicates that the company's operating expenses were relatively high compared to its revenue, but the situation has shown some progress.

In Jun 30, 2022, the operating profit margin was notably high at 12.91%, showcasing a strong operational performance with a healthy margin of profitability. This positive trend continued from the previous year, where the margin stood at 7.32%. It is important to note that the company was able to efficiently control its operating expenses and generate solid profits relative to its revenue during these years.

However, in Jun 30, 2021, and Jun 30, 2020, the operating profit margins were 7.32% and 2.05%, respectively. Although these margins were positive, they were lower compared to the peak in 2022, potentially indicating increased operating expenses or other factors impacting profitability during those periods.

Overall, analyzing the operating profit margin of Western Digital Corporation provides insights into the company's operational efficiency and profitability trends over the past five years.