Selected Financial Data
since 2005
Income Statement
Western Digital Corp., selected items from income statement, long-term trends
US$ in millions
| 12 months ended: | Revenue, net | Operating income (loss) | Net income (loss) |
|---|---|---|---|
| Jun 30, 2023 | 12,318) | (1,285) | (1,706) |
| Jul 1, 2022 | 18,793) | 2,391) | 1,500) |
| Jul 2, 2021 | 16,922) | 1,220) | 821) |
| Jul 3, 2020 | 16,736) | 335) | (250) |
| Jun 28, 2019 | 16,569) | 87) | (754) |
| Jun 29, 2018 | 20,647) | 3,617) | 675) |
| Jun 30, 2017 | 19,093) | 1,954) | 397) |
| Jul 1, 2016 | 12,994) | 466) | 242) |
| Jul 3, 2015 | 14,572) | 1,611) | 1,465) |
| Jun 27, 2014 | 15,130) | 1,791) | 1,617) |
| Jun 28, 2013 | 15,351) | 1,266) | 980) |
| Jun 29, 2012 | 12,478) | 1,771) | 1,612) |
| Jul 1, 2011 | 9,526) | 781) | 726) |
| Jul 2, 2010 | 9,850) | 1,525) | 1,382) |
| Jul 3, 2009 | 7,453) | 519) | 470) |
| Jun 27, 2008 | 8,074) | 1,006) | 867) |
| Jun 29, 2007 | 5,468) | 415) | 564) |
| Jun 30, 2006 | 4,341) | 366) | 395) |
| Jul 1, 2005 | 3,639) | 197) | 198) |
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).
- Revenue, net
- The revenue exhibited a general upward trend from 2005 to 2017, with a peak in 2017 at US$20,647 million. However, a significant drop was observed in 2018, followed by fluctuations in subsequent years.
- Operating income (loss)
- The operating income also showed a positive trend until 2017, reaching US$3,617 million. Nevertheless, a substantial decline occurred in 2018, and the values have been volatile since then.
- Net income (loss)
- The net income followed a pattern similar to operating income, peaking in 2017 at US$1,500 million. There was a notable loss in 2020 and 2022, indicating financial challenges during those years.
Balance Sheet: Assets
Western Digital Corp., selected items from assets, long-term trends
US$ in millions
| Current assets | Total assets | |
|---|---|---|
| Jun 30, 2023 | 7,886) | 24,429) |
| Jul 1, 2022 | 9,453) | 26,259) |
| Jul 2, 2021 | 9,757) | 26,132) |
| Jul 3, 2020 | 9,048) | 25,662) |
| Jun 28, 2019 | 8,477) | 26,370) |
| Jun 29, 2018 | 10,638) | 29,235) |
| Jun 30, 2017 | 11,056) | 29,860) |
| Jul 1, 2016 | 12,584) | 32,862) |
| Jul 3, 2015 | 8,517) | 15,181) |
| Jun 27, 2014 | 8,720) | 15,499) |
| Jun 28, 2013 | 7,598) | 14,036) |
| Jun 29, 2012 | 7,141) | 14,206) |
| Jul 1, 2011 | 5,487) | 8,118) |
| Jul 2, 2010 | 4,720) | 7,328) |
| Jul 3, 2009 | 3,230) | 5,291) |
| Jun 27, 2008 | 2,731) | 4,875) |
| Jun 29, 2007 | 2,029) | 2,901) |
| Jun 30, 2006 | 1,492) | 2,073) |
| Jul 1, 2005 | 1,181) | 1,589) |
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).
- Current assets:
- The data shows a generally increasing trend in current assets from 2005 to 2017, peaking in 2016, followed by a slight decrease in 2017 and then a more significant decline from 2017 to 2023.
- Total assets:
- Total assets exhibit a consistent rising pattern from 2005 to 2017 with a significant spike in 2015. However, from 2017 to 2023, there is a notable decrease in total assets.
Balance Sheet: Liabilities and Stockholders’ Equity
Western Digital Corp., selected items from liabilities and stockholders’ equity, long-term trends
US$ in millions
| Current liabilities | Total liabilities | Long-term debt, including current portion | Shareholders’ equity | |
|---|---|---|---|---|
| Jun 30, 2023 | 5,434) | 12,706) | 7,070) | 11,723) |
| Jul 1, 2022 | 5,237) | 14,038) | 7,022) | 12,221) |
| Jul 2, 2021 | 4,870) | 15,411) | 8,725) | 10,721) |
| Jul 3, 2020 | 4,406) | 16,111) | 9,575) | 9,551) |
| Jun 28, 2019 | 3,817) | 16,403) | 10,522) | 9,967) |
| Jun 29, 2018 | 4,456) | 17,704) | 11,172) | 11,531) |
| Jun 30, 2017 | 4,344) | 18,442) | 13,151) | 11,418) |
| Jul 1, 2016 | 6,949) | 21,717) | 16,994) | 11,145) |
| Jul 3, 2015 | 3,242) | 5,962) | 2,567) | 9,219) |
| Jun 27, 2014 | 3,845) | 6,657) | 2,438) | 8,842) |
| Jun 28, 2013 | 3,973) | 6,143) | 1,955) | 7,893) |
| Jun 29, 2012 | 4,032) | 6,537) | 2,185) | 7,669) |
| Jul 1, 2011 | 2,170) | 2,630) | 294) | 5,488) |
| Jul 2, 2010 | 2,023) | 2,619) | 400) | 4,709) |
| Jul 3, 2009 | 1,525) | 2,099) | 482) | 3,192) |
| Jun 27, 2008 | 1,564) | 2,179) | 509) | 2,696) |
| Jun 29, 2007 | 1,130) | 1,185) | 22) | 1,716) |
| Jun 30, 2006 | 859) | 916) | 44) | 1,157) |
| Jul 1, 2005 | 819) | —) | 53) | 702) |
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).
- Current Liabilities:
- Showing an increasing trend over time from 819 million in 2005 to 5434 million in 2022, with a slight decrease in 2023 to 5237 million.
- Total Liabilities:
- Experienced a gradual increase from 916 million in 2006 to a peak of 21717 million in 2015 before decreasing to 12706 million in 2023.
- Long-term Debt:
- Varied over the periods, with fluctuations from 53 million in 2005 to 7070 million in 2023, indicating significant long-term debt obligations.
- Shareholders' Equity:
- Consistently grew from 702 million in 2005 to 11723 million in 2023, reflecting a positive equity position and potential for future growth.
Cash Flow Statement
Western Digital Corp., selected items from cash flow statement, long-term trends
US$ in millions
| 12 months ended: | Net cash provided by (used in) operating activities | Net cash (used in) provided by investing activities | Net cash provided by (used in) financing activities |
|---|---|---|---|
| Jun 30, 2023 | (408) | (762) | 875) |
| Jul 1, 2022 | 1,880) | (1,192) | (1,718) |
| Jul 2, 2021 | 1,898) | (765) | (817) |
| Jul 3, 2020 | 824) | 278) | (1,508) |
| Jun 28, 2019 | 1,547) | (1,272) | (1,829) |
| Jun 29, 2018 | 4,205) | (1,655) | (3,900) |
| Jun 30, 2017 | 3,437) | (636) | (4,595) |
| Jul 1, 2016 | 1,983) | (9,608) | 10,751) |
| Jul 3, 2015 | 2,242) | (953) | (1,069) |
| Jun 27, 2014 | 2,816) | (1,936) | (385) |
| Jun 28, 2013 | 3,119) | (970) | (1,048) |
| Jun 29, 2012 | 3,067) | (4,167) | 819) |
| Jul 1, 2011 | 1,655) | (793) | (106) |
| Jul 2, 2010 | 1,942) | (986) | (16) |
| Jul 3, 2009 | 1,305) | (551) | (64) |
| Jun 27, 2008 | 1,399) | (1,321) | 326) |
| Jun 29, 2007 | 618) | (383) | (86) |
| Jun 30, 2006 | 402) | (337) | 1) |
| Jul 1, 2005 | 461) | (314) | (7) |
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).
- Net cash provided by (used in) operating activities
- The trend shows a general increase from 461 million in 2005 to 3437 million in 2016, with some fluctuations in the middle years. A notable decline is seen in 2022 and 2023.
- Net cash (used in) provided by investing activities
- This item displays a mix of negative and positive values over time. A significant negative spike is observed in 2015, primarily due to a large value of -9608 million, which seems like an outlier.
- Net cash provided by (used in) financing activities
- There is variability in this metric across the years, with both positive and negative values. The year 2015 stands out with a notably high positive value of 10751 million followed by negative values in subsequent years.
Per Share Data
Western Digital Corp., selected data per share, long-term trends
US$
| 12 months ended: | Basic earnings per share 1 | Diluted earnings per share 2 | Dividend per share 3 |
|---|---|---|---|
| Jun 30, 2023 | -5.44 | -5.44 | 0.00 |
| Jul 1, 2022 | 4.81 | 4.75 | 0.00 |
| Jul 2, 2021 | 2.69 | 2.66 | 0.00 |
| Jul 3, 2020 | -0.84 | -0.84 | 1.50 |
| Jun 28, 2019 | -2.58 | -2.58 | 2.00 |
| Jun 29, 2018 | 2.27 | 2.20 | 2.00 |
| Jun 30, 2017 | 1.38 | 1.34 | 2.00 |
| Jul 1, 2016 | 1.01 | 1.00 | 2.00 |
| Jul 3, 2015 | 6.31 | 6.18 | 1.80 |
| Jun 27, 2014 | 6.88 | 6.68 | 1.25 |
| Jun 28, 2013 | 4.07 | 3.98 | 1.00 |
| Jun 29, 2012 | 6.69 | 6.58 | 0.00 |
| Jul 1, 2011 | 3.14 | 3.09 | 0.00 |
| Jul 2, 2010 | 6.06 | 5.93 | 0.00 |
| Jul 3, 2009 | 2.12 | 2.08 | 0.00 |
| Jun 27, 2008 | 3.92 | 3.84 | 0.00 |
| Jun 29, 2007 | 2.57 | 2.50 | 0.00 |
| Jun 30, 2006 | 1.84 | 1.76 | 0.00 |
| Jul 1, 2005 | 0.96 | 0.91 | 0.00 |
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, 2, 3 Data adjusted for splits and stock dividends.
- Basic Earnings Per Share:
- The trend in basic earnings per share for Western Digital Corp. shows fluctuations over time, with noticeable growth from 2005 to 2014, a significant drop in 2019, followed by a recovery in 2020 and 2022. The company experienced its highest value in 2014 and the lowest in 2019.
- Diluted Earnings Per Share:
- Similar to basic earnings per share, diluted earnings per share exhibited a pattern of increase until 2014, a sharp decline in 2019, and subsequent improvement. The values closely mirror the basic earnings per share figures throughout the periods.
- Dividend Per Share:
- The data on dividend per share for Western Digital Corp. reveals a consistent dividend payment starting from 2010. There was a gradual increment until 2015, followed by stability in the dividend amount, with a slight decrease in 2021.