Western Digital Corporation (WDC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -661,000 | -1,493,000 | -2,200,000 | -2,326,000 | -1,560,000 | -319,000 | 472,000 | 1,503,000 | 2,123,000 | 2,208,000 | 2,195,000 | 1,634,000 | 927,000 | 516,000 | 313,000 | 188,000 | -46,000 | -705,000 | -1,228,000 | -1,107,000 |
| 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 |
| Pretax margin | -5.05% | -12.88% | -20.06% | -20.99% | -12.99% | -2.30% | 3.05% | 8.74% | 11.48% | 11.69% | 11.78% | 9.21% | 5.58% | 3.23% | 1.95% | 1.14% | -0.28% | -4.38% | -7.94% | -7.21% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-661,000K ÷ $13,090,000K
= -5.05%
The pretax margin of Western Digital Corporation has shown significant fluctuations over the past several quarters. It reached a low of -20.99% in September 2023 and has since fluctuated between negative and positive margins. The company experienced a notable improvement in pretax margin in December 2022, reaching 3.05%, but this was followed by a decline in the following quarters.
Overall, the pretax margin trend indicates some volatility in the company's profitability performance, with varying levels of success in generating profits before accounting for taxes. It is important for stakeholders to closely monitor the factors impacting the company's pretax margin to assess its financial health and efficiency in managing costs and revenues.
Peer comparison
Jun 30, 2024