Western Pretax Profit Margin from 2010 to 2024

WDC Stock  USD 67.05  1.00  1.51%   
Western Digital's Pretax Profit Margin is decreasing over the years with slightly volatile fluctuation. Overall, Pretax Profit Margin is projected to go to -0.11 this year. During the period from 2010 to 2024 Western Digital Pretax Profit Margin annual values regression line had coefficient of variation of  287.80 and r-squared of  0.10. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.11)
Current Value
(0.11)
Quarterly Volatility
0.08788915
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western main balance sheet or income statement drivers, such as Depreciation And Amortization of 570.8 M, Total Revenue of 8 B or Gross Profit of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0072 or PTB Ratio of 1.21. Western financial statements analysis is a perfect complement when working with Western Digital Valuation or Volatility modules.
  
This module can also supplement Western Digital's financial leverage analysis and stock options assessment as well as various Western Digital Technical models . Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.

Latest Western Digital's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Western Digital over the last few years. It is Western Digital's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Digital's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Western Pretax Profit Margin Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation287.80
Mean Deviation0.07
Median0.01
Standard Deviation0.09
Sample Variance0.01
Range0.2396
R-Value(0.32)
Mean Square Error0.01
R-Squared0.10
Significance0.25
Slope(0.01)
Total Sum of Squares0.11

Western Pretax Profit Margin History

2023 -0.11
2022 -0.13
2016 0.11
2011 0.0118
2010 0.068

About Western Digital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Western Digital income statement, its balance sheet, and the statement of cash flows. Western Digital investors use historical funamental indicators, such as Western Digital's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Western Digital investors may use each financial statement separately, they are all related. The changes in Western Digital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Digital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Western Digital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Western Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.13)(0.11)

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When determining whether Western Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:
Check out the analysis of Western Digital Correlation against competitors.
For information on how to trade Western Stock refer to our How to Trade Western Stock guide.
Note that the Western Digital information on this page should be used as a complementary analysis to other Western Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Western Digital's price analysis, check to measure Western Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Digital is operating at the current time. Most of Western Digital's value examination focuses on studying past and present price action to predict the probability of Western Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Digital's price. Additionally, you may evaluate how the addition of Western Digital to your portfolios can decrease your overall portfolio volatility.
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Is Western Digital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Digital. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
(7.26)
Revenue Per Share
35.014
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.04)
The market value of Western Digital is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Digital's value that differs from its market value or its book value, called intrinsic value, which is Western Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Digital's market value can be influenced by many factors that don't directly affect Western Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.