Net Profit Margin
since 2005
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Western Digital Corp. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Short-term (Operating) Activity Ratios
- Common Stock Valuation Ratios
- Dividend Discount Model (DDM)
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Total Asset Turnover since 2005
- Analysis of Debt
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Calculation
Western Digital Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss)1 | ÷ | Revenue, net1 | |
|---|---|---|---|---|---|---|---|
| Jun 30, 2023 | = | 100 | × | ÷ | |||
| Jul 1, 2022 | = | 100 | × | ÷ | |||
| Jul 2, 2021 | = | 100 | × | ÷ | |||
| Jul 3, 2020 | = | 100 | × | ÷ | |||
| Jun 28, 2019 | = | 100 | × | ÷ | |||
| Jun 29, 2018 | = | 100 | × | ÷ | |||
| Jun 30, 2017 | = | 100 | × | ÷ | |||
| Jul 1, 2016 | = | 100 | × | ÷ | |||
| Jul 3, 2015 | = | 100 | × | ÷ | |||
| Jun 27, 2014 | = | 100 | × | ÷ | |||
| Jun 28, 2013 | = | 100 | × | ÷ | |||
| Jun 29, 2012 | = | 100 | × | ÷ | |||
| Jul 1, 2011 | = | 100 | × | ÷ | |||
| Jul 2, 2010 | = | 100 | × | ÷ | |||
| Jul 3, 2009 | = | 100 | × | ÷ | |||
| Jun 27, 2008 | = | 100 | × | ÷ | |||
| Jun 29, 2007 | = | 100 | × | ÷ | |||
| Jun 30, 2006 | = | 100 | × | ÷ | |||
| Jul 1, 2005 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-07-01), 10-K (reporting date: 2021-07-02), 10-K (reporting date: 2020-07-03), 10-K (reporting date: 2019-06-28), 10-K (reporting date: 2018-06-29), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-07-01), 10-K (reporting date: 2015-07-03), 10-K (reporting date: 2014-06-27), 10-K (reporting date: 2013-06-28), 10-K (reporting date: 2012-06-29), 10-K (reporting date: 2011-07-01), 10-K (reporting date: 2010-07-02), 10-K (reporting date: 2009-07-03), 10-K (reporting date: 2008-06-27), 10-K (reporting date: 2007-06-29), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-07-01).
1 US$ in millions
- Net Income (Loss)
- The net income exhibits considerable volatility throughout the observed period. Starting from 198 million USD in 2005, it increased steadily to a peak of 1,617 million USD in 2014, with some fluctuations in between. Notably, data indicate sharp declines at several points, including a significant loss of 754 million USD in 2019 and subsequently reaching a low of -1,706 million USD by 2023. This pattern reveals periods of strong profitability interspersed with marked losses, suggesting fluctuating operational or market conditions affecting earnings.
- Revenue, Net
- Revenue demonstrated an overall upward trajectory with some variability. Beginning at 3,639 million USD in 2005, revenue increased substantially and reached its highest point of 20,647 million USD in 2018. However, there is a slight decline afterward, with revenue decreasing to 12,318 million USD by 2023. This indicates that while the company experienced significant growth over most of the period, recent years show a downward trend, perhaps signaling market saturation, increased competition, or other challenges impacting sales.
- Net Profit Margin
- The net profit margin shows considerable fluctuations, reflecting the company's variable profitability relative to revenue. Starting at 5.45% in 2005, the margin improved and reached a peak of 14.03% in 2010. Following this peak, the margin presents a generally declining trend with intermittent recoveries. Notably, the margin fell to negative values in 2019 and 2020 (-4.55% and -1.49% respectively) and again declined sharply to -13.85% by 2023. This suggests that despite periods of high profitability, there has been increasing pressure on profit margins due to rising costs, pricing pressures, or other adverse factors affecting the bottom line.
Comparison to Competitors
Western Digital Corp., net profit margin, long-term trends, comparison to competitors
| Western Digital Corp. | Apple Inc. | Arista Networks Inc. | Cisco Systems Inc. | Dell Technologies Inc. | Super Micro Computer Inc. | |
|---|---|---|---|---|---|---|
| Jun 30, 2023 | ||||||
| Jul 1, 2022 | ||||||
| Jul 2, 2021 | ||||||
| Jul 3, 2020 | ||||||
| Jun 28, 2019 | ||||||
| Jun 29, 2018 | ||||||
| Jun 30, 2017 | ||||||
| Jul 1, 2016 | ||||||
| Jul 3, 2015 | ||||||
| Jun 27, 2014 | ||||||
| Jun 28, 2013 | ||||||
| Jun 29, 2012 | ||||||
| Jul 1, 2011 | ||||||
| Jul 2, 2010 | ||||||
| Jul 3, 2009 | ||||||
| Jun 27, 2008 | ||||||
| Jun 29, 2007 | ||||||
| Jun 30, 2006 | ||||||
| Jul 1, 2005 |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-07-01), 10-K (reporting date: 2021-07-02), 10-K (reporting date: 2020-07-03), 10-K (reporting date: 2019-06-28), 10-K (reporting date: 2018-06-29), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-07-01), 10-K (reporting date: 2015-07-03), 10-K (reporting date: 2014-06-27), 10-K (reporting date: 2013-06-28), 10-K (reporting date: 2012-06-29), 10-K (reporting date: 2011-07-01), 10-K (reporting date: 2010-07-02), 10-K (reporting date: 2009-07-03), 10-K (reporting date: 2008-06-27), 10-K (reporting date: 2007-06-29), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-07-01).
Comparison to Sector (Technology Hardware & Equipment)
Western Digital Corp., net profit margin, long-term trends, comparison to sector (technology hardware & equipment)
| Western Digital Corp. | Technology Hardware & Equipment | |
|---|---|---|
| Jun 30, 2023 | ||
| Jul 1, 2022 | ||
| Jul 2, 2021 | ||
| Jul 3, 2020 | ||
| Jun 28, 2019 | ||
| Jun 29, 2018 | ||
| Jun 30, 2017 | ||
| Jul 1, 2016 | ||
| Jul 3, 2015 | ||
| Jun 27, 2014 | ||
| Jun 28, 2013 | ||
| Jun 29, 2012 | ||
| Jul 1, 2011 | ||
| Jul 2, 2010 | ||
| Jul 3, 2009 | ||
| Jun 27, 2008 | ||
| Jun 29, 2007 | ||
| Jun 30, 2006 | ||
| Jul 1, 2005 |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-07-01), 10-K (reporting date: 2021-07-02), 10-K (reporting date: 2020-07-03), 10-K (reporting date: 2019-06-28), 10-K (reporting date: 2018-06-29), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-07-01), 10-K (reporting date: 2015-07-03), 10-K (reporting date: 2014-06-27), 10-K (reporting date: 2013-06-28), 10-K (reporting date: 2012-06-29), 10-K (reporting date: 2011-07-01), 10-K (reporting date: 2010-07-02), 10-K (reporting date: 2009-07-03), 10-K (reporting date: 2008-06-27), 10-K (reporting date: 2007-06-29), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-07-01).
Comparison to Industry (Information Technology)
Western Digital Corp., net profit margin, long-term trends, comparison to industry (information technology)
| Western Digital Corp. | Information Technology | |
|---|---|---|
| Jun 30, 2023 | ||
| Jul 1, 2022 | ||
| Jul 2, 2021 | ||
| Jul 3, 2020 | ||
| Jun 28, 2019 | ||
| Jun 29, 2018 | ||
| Jun 30, 2017 | ||
| Jul 1, 2016 | ||
| Jul 3, 2015 | ||
| Jun 27, 2014 | ||
| Jun 28, 2013 | ||
| Jun 29, 2012 | ||
| Jul 1, 2011 | ||
| Jul 2, 2010 | ||
| Jul 3, 2009 | ||
| Jun 27, 2008 | ||
| Jun 29, 2007 | ||
| Jun 30, 2006 | ||
| Jul 1, 2005 |
Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-07-01), 10-K (reporting date: 2021-07-02), 10-K (reporting date: 2020-07-03), 10-K (reporting date: 2019-06-28), 10-K (reporting date: 2018-06-29), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-07-01), 10-K (reporting date: 2015-07-03), 10-K (reporting date: 2014-06-27), 10-K (reporting date: 2013-06-28), 10-K (reporting date: 2012-06-29), 10-K (reporting date: 2011-07-01), 10-K (reporting date: 2010-07-02), 10-K (reporting date: 2009-07-03), 10-K (reporting date: 2008-06-27), 10-K (reporting date: 2007-06-29), 10-K (reporting date: 2006-06-30), 10-K (reporting date: 2005-07-01).