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

Company name
Symbol
Operating profit margin
Western Digital Corporation
WDC
-2.42%
NetApp Inc
NTAP
19.57%
Pure Storage Inc
PSTG
6.24%
Seagate Technology PLC
STX
7.30%

See also:

Western Digital Corporation Operating Profit Margin (Quarterly Data)