Western Digital Corporation (WDC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.50% | 14.52% | 8.83% | 9.07% | 15.72% | 23.33% | 26.73% | 30.19% | 31.75% | 31.75% | 31.69% | 29.78% | 27.23% | 25.31% | 24.59% | 23.88% | 22.71% | 19.67% | 17.70% | 18.55% |
| 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% |
| 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% |
| Net profit margin | -6.10% | -13.39% | -20.59% | -21.86% | -14.08% | -4.85% | -0.50% | 5.45% | 8.11% | 9.64% | 10.70% | 8.41% | 4.95% | 2.18% | 1.04% | -0.21% | -1.50% | -3.70% | -7.71% | -10.04% |
The profitability ratios for Western Digital Corporation show fluctuations over the past few quarters. The gross profit margin has varied between 8.83% and 31.75%, with a recent increase to 22.50% as of June 30, 2024. The operating profit margin has also been volatile, ranging from -18.40% to 13.40%, with a negative figure of -2.42% in the most recent quarter. The pretax margin has similarly been inconsistent, with values oscillating between -20.99% and 11.78%, showing a decline to -5.05% in the latest period. The net profit margin has displayed a similar pattern, fluctuating between -21.86% and 10.70%, with a recent decrease to -6.10%.
Overall, the company's profitability has been under pressure in recent quarters, with negative margins in operating, pretax, and net profit categories. This indicates a challenging operating environment or potential inefficiencies within the company. Management may need to focus on improving operational efficiency, reducing costs, and enhancing revenue generation strategies to boost profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | -1.31% | -4.97% | -7.91% | -8.50% | -5.24% | -0.29% | 2.89% | 6.89% | 9.11% | 9.74% | 9.59% | 7.31% | 4.67% | 3.17% | 2.51% | 2.10% | 1.31% | -1.20% | -3.30% | -2.77% |
| Return on assets (ROA) | -3.30% | -6.52% | -9.26% | -10.09% | -6.89% | -2.68% | -0.31% | 3.65% | 5.71% | 7.09% | 7.66% | 5.65% | 3.14% | 1.37% | 0.65% | -0.13% | -0.97% | -2.33% | -4.61% | -5.86% |
| Return on total capital | -1.41% | -6.25% | -10.48% | -12.37% | -7.42% | -0.12% | 3.97% | 9.32% | 12.61% | 13.20% | 13.16% | 9.95% | 6.53% | 4.56% | 3.55% | 3.02% | 1.95% | -1.41% | -4.05% | -3.24% |
| Return on equity (ROE) | -7.38% | -15.33% | -22.43% | -23.68% | -15.41% | -5.74% | -0.64% | 7.67% | 12.27% | 15.20% | 16.58% | 13.12% | 7.66% | 3.49% | 1.70% | -0.36% | -2.62% | -6.44% | -12.72% | -16.11% |
Western Digital Corporation's profitability ratios have shown fluctuations over the periods analyzed. The Operating return on assets (Operating ROA) ranged from -8.50% to 9.74%, indicating variability in the company's ability to generate operating profits relative to its total assets. Return on assets (ROA) displayed a similar trend, fluctuating from -10.09% to 7.66%, signifying the company's overall efficiency in generating profits from its assets.
Return on total capital ranged from -12.37% to 13.20%, reflecting the return generated from all capital sources, including equity and debt. Meanwhile, Return on equity (ROE) varied from -23.68% to 16.58%, illustrating the return earned on shareholder equity investment in the company.
Overall, the company's profitability performance has shown volatility, with periods of both negative and positive returns. It is essential for Western Digital Corporation to focus on improving its profitability ratios consistently to enhance value for its stakeholders.
See also:
Western Digital Corporation Profitability Ratios (Quarterly Data)