Western Digital Corporation (WDC)
Operating profit margin
Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | -317,000 | -1,183,000 | -1,928,000 | -2,039,000 | -1,285,000 | -73,000 | 723,000 | 1,771,000 | 2,391,000 | 2,504,000 | 2,497,000 | 1,928,000 | 1,220,000 | 806,000 | 642,000 | 534,000 | 335,000 | -307,000 | -854,000 | -728,000 |
Revenue (ttm) | US$ in thousands | 13,090,000 | 11,595,000 | 10,969,000 | 11,079,000 | 12,005,000 | 13,886,000 | 15,469,000 | 17,192,000 | 18,500,000 | 18,881,000 | 18,631,000 | 17,736,000 | 16,600,000 | 15,953,000 | 16,072,000 | 16,444,000 | 16,647,000 | 16,083,000 | 15,464,000 | 15,345,000 |
Operating profit margin | -2.42% | -10.20% | -17.58% | -18.40% | -10.70% | -0.53% | 4.67% | 10.30% | 12.92% | 13.26% | 13.40% | 10.87% | 7.35% | 5.05% | 3.99% | 3.25% | 2.01% | -1.91% | -5.52% | -4.74% |
June 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-317,000K ÷ $13,090,000K
= -2.42%
Western Digital Corporation's operating profit margin has shown fluctuations over the past few quarters. The margin was negative in the most recent quarter at -2.42%, indicating that the company's operating expenses exceeded its operating income. Prior to that, the operating profit margin has been consistently negative in the range of -0.53% to -18.40% over the last few quarters.
However, there were periods of positive operating profit margins in the quarters before that, with margins ranging from 2.01% to 13.40%. The highest operating profit margins were observed in the quarters ending in Sep 2022 (12.92%), Jun 2022 (13.26%), and Mar 2022 (13.40%).
Overall, the trend in operating profit margin for Western Digital Corporation has been volatile and it appears that the company has faced challenges in managing its operating expenses in some periods. Further analysis of the company's cost structure and revenue generation may be needed to understand the reasons behind these fluctuations and to develop strategies for improvement.
Peer comparison
Jun 30, 2024
See also:
Western Digital Corporation Operating Profit Margin (Quarterly Data)