AMD vs DLB vs WDC Stock Comparison

Advanced Micro Devices, Dolby Laboratories and Western Digital Prices as of Oct 26, 2026 Peers: Industry group
AMD Advanced Micro Devices Inc
$531.28 -15.8% 1M +110.1% 1Y
Market cap
$914.36B
P/E
142.1x
Revenue (TTM)
$41.31B
Div. yield
–
Semiconductor Design Technology
2 wins
DLB Dolby Laboratories, Inc.
$63.13 +7.7% 1M -6.3% 1Y
Market cap
$5.91B
P/E
26.1x
Revenue (TTM)
$1.35B
Div. yield
0.02%
Semiconductor EDA Software Technology
3 wins
WDC Western Digital Corp
$356.13 -22.0% 1M +175.2% 1Y
Market cap
$139.55B
P/E
13.9x
Revenue (TTM)
$14.48B
Div. yield
0.00%
Server and Storage Hardware Technology
7 wins

Head to Head

12 decided of 12

Western Digital leads on 7 of the 12 questions below (Western Digital 7, Dolby Laboratories 3, Advanced Micro Devices 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMDDLBWDCLeader
Larger companyMarket capitalisation $914.36B $5.91B $139.55B AMD
Cheaper on earningsLower P/E, profitable companies only 142.1x 26.1x 13.9x WDC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 72.0x 14.1x 14.8x DLB
Faster revenue growthRevenue growth, trailing twelve months +39.5% +0.6% +43.0% WDC
More profitableNet margin, trailing twelve months 15.6% 16.7% 69.2% WDC
Better return on capitalReturn on invested capital 8.0% — 53.8% WDC
Less leveragedLower net debt / EBITDA -1.0x — -0.1x AMD
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% DLB
Better 1-year returnPrice return, last 12 months +110.1% -6.3% +175.2% WDC
Better 5-year returnAnnualised price return, 5 years +34.2%/yr -6.4%/yr +53.4%/yr WDC
Less volatileAnnualised volatility, 1 year 68.4% 30.3% 81.2% DLB
Higher overall scoreMean of the five percentile scores vs peers 60/100 66/100 78/100 WDC

Percentile Scorecard

AMDDLBWDC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMDDLBWDC
Valuation 28 #69 of 95 86 #14 of 95 54 #52 of 111
Growth 96 #5 of 93 27 #68 of 93 99 #2 of 108
Profitability 67 #31 of 91 71 #27 of 91 98 #3 of 104
Financial Health 68 #33 of 101 62 #39 of 101 66 #40 of 115
Shareholder Returns 41 #45 of 75 84 #13 of 75 75 #21 of 81
Overall 60 66 78
  • AMD ranked among 104 companies in Semiconductors
  • DLB ranked among 104 companies in Semiconductors
  • WDC ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMDDLBWDCSPY
1 month -15.8%+7.7%-22.0% -0.8%
3 months +7.3%+23.1%-28.5% +3.5%
6 months +58.8%-0.8%-11.1% +7.0%
Year to date +148.1%-1.7%+106.7% +12.2%
1 year +110.1%-6.3%+175.2% +13.0%
3 years +450.9%-19.7%+1,108.9% +86.3%
3 years, per year +76.7%-7.1%+129.6% +23.1%
5 years +334.5%-28.0%+749.3% +68.6%
5 years, per year +34.2%-6.4%+53.4% +11.0%
10 years +7,187.8%+26.6%+733.6% +258.0%
10 years, per year +53.6%+2.4%+23.6% +13.6%

Risk

MeasureAMDDLBWDCSPY
Volatility, 1Y 68.4%30.3%81.2% 12.7%
Downside volatility, 1Y 65.6%31.6%82.1% 12.7%
Beta vs S&P 500, 1Y 3.210.543.15 1.00
Return / volatility, 1Y 1.61-0.212.16 1.02
Max drawdown, 5Y -65.4%-49.6%-55.5% -25.4%
From 52-week high -18.2%-8.6%-52.3% -1.8%
52-week high $649.42$69.09$746.23 $779.14
52-week low $190.95$48.50$124.92 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMDDLBWDC
P/E now vs peer median 134.8xmedian 42.1x 26.3xmedian 42.1x 13.0xmedian 32.0x
P/S now vs peer median 21.0xmedian 7.1x 4.4xmedian 7.1x 9.2xmedian 2.8x
EV/EBITDA now vs peer median 90.1xmedian 27.5x 15.9xmedian 27.5x 21.8xmedian 19.4x
P/FCF now vs peer median 103.7xmedian 37.2x 15.2xmedian 37.2x 31.1xmedian 29.0x
P/B now vs peer median 12.9xmedian 4.2x 2.3xmedian 4.2x 14.3xmedian 2.9x
PEG now vs peer median 0.25median 2.23 12.63median 2.23 0.17median 1.13

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMDDLBWDC
Revenue $41.31B $1.35B $14.48B
Gross profit $21.98B $1.19B $7.62B
Operating income $6.49B $239.10M $5.71B
Net income $6.43B $228.00M $10.02B
Free cash flow $8.37B $392.67M $4.29B
R&D $9.39B $265.94M $1.15B
EPS (diluted) $3.88 $2.39 $26.10
Cash & equivalents $5.09B $669.39M $1.31B
Total debt $12.89B – $12.58B
Shares (diluted) 1.66B 94.52M 384.00M
Enterprise value $871.11B $3.30B $129.38B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMDDLBWDC
P/E 134.8x 26.3x 13.0x
P/FCF 103.7x 15.2x 31.1x
P/Operating cash flow 86.0x 13.6x 27.4x
P/S 21.0x 4.4x 9.2x
P/B 12.9x 2.3x 14.3x
P/Tangible book 16.8x 2.7x 14.3x
EV/EBITDA 90.1x 15.9x 21.8x
EV/EBIT 132.1x 22.1x 23.3x
EV/Revenue 20.8x 3.9x 9.2x
EV/FCF 102.5x 13.4x 31.0x
EV/Operating cash flow 85.0x 12.1x 27.3x
PEG (3Y EPS CAGR) 0.25 12.63 0.17

Growth

14 metrics
MetricAMDDLBWDC
Revenue growth (1Y) 39.5% 0.6% 43.0%
Revenue CAGR (3Y) 23.6% 1.7% 57.4%
Gross profit growth (1Y) 55.9% -0.5% 85.2%
Gross profit CAGR (3Y) 32.0% 1.5% 126.7%
Operating income growth (1Y) 186.2% -15.1% 104.4%
Operating income CAGR (3Y) 167.6% -1.0% 85.5%
Net income growth (1Y) 127.0% -14.2% 288.7%
Net income CAGR (3Y) 537.7% 1.3% 83.2%
EPS growth (1Y) 123.1% -12.3% 286.8%
EPS CAGR (3Y) 533.6% 2.1% 75.8%
Operating cash flow growth (1Y) 106.7% -6.0% 108.7%
Operating cash flow CAGR (3Y) 61.4% 9.5% 88.3%
Free cash flow growth (1Y) 106.9% -10.4% 121.1%
Free cash flow CAGR (3Y) 64.9% 9.3% 66.0%

Profitability

14 metrics
MetricAMDDLBWDC
Gross margin 53.2% 87.6% 52.6%
EBITDA margin 23.0% 24.5% 42.1%
Operating margin 15.7% 17.7% 39.4%
Pretax margin 18.3% 20.4% 73.2%
Net margin 15.6% 16.7% 69.2%
FCF margin 20.3% 29.0% 29.6%
Operating cash flow margin 24.4% 32.3% 33.6%
Return on equity 9.8% 8.7% 110.0%
Return on assets 7.8% 7.1% 71.3%
Return on invested capital 8.0% – 53.8%
Return on capital employed 9.3% 8.6% 57.3%
Asset turnover 0.5x 0.4x 1.0x
Cash conversion (OCF / net income) 1.6x 1.9x 0.5x
Stock comp / revenue 4.6% 9.6% 1.6%

Financial Health

11 metrics
MetricAMDDLBWDC
Debt / assets 3.8% – 5.5%
Debt / equity 0.0x – 0.1x
Net debt / EBITDA -1.0x – -0.1x
Debt / FCF 0.4x – 0.2x
Liabilities / assets 20.4% 17.9% 34.3%
Equity / assets 79.6% 82.1% 65.7%
Interest coverage 44.1x – 48.8x
Current ratio 2.6x 3.2x 1.4x
Quick ratio 1.7x 3.1x 0.9x
Cash ratio 1.1x 1.6x 0.3x
Altman Z-score 31.29 8.51 19.75

Shareholder Returns

7 metrics
MetricAMDDLBWDC
Dividend yield – 2.3% 0.2%
Net buyback yield 0.0% 3.5% 2.3%
Shareholder yield 0.0% 5.7% 2.4%
Payout ratio (earnings) – 58.9% 2.0%
Payout ratio (FCF) – 34.2% 4.6%
Dividend growth (1Y) – 8.6% 151.3%
Dividend CAGR (3Y) – 9.6% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMDDLBWDC
Forward P/E 72.0xFY2026 14.1xFY2026 14.8xFY2027
EPS, next fiscal year $7.38FY2026 $4.49FY2026 $24.04FY2027
EPS growth, next FY +77.0%FY2026 +5.9%FY2026 +135.2%FY2027
EPS growth, the year after +112.7% +4.7% +70.9%
Revenue, next fiscal year $53.09BFY2026 $1.50BFY2026 $20.04BFY2027
Revenue growth, next FY +53.3%FY2026 +11.1%FY2026 +55.1%FY2027
Revenue growth, the year after +60.7% -7.7% +39.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMDDLBWDC
Held by institutions 72.5% 65.4% 93.7%
Institutions holding 3,991 389 1,845
Change in shares held, QoQ +10.7% +5.8% -1.3%
Institutions buying 2,270 195 1,127
Institutions selling 1,456 148 596
Buyers to sellers 1.56 1.32 1.89

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMDDLBWDC
AMD 1.00 -0.04 0.53
DLB -0.04 1.00 0.00
WDC 0.53 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMD, DLB and WDC?

Advanced Micro Devices (AMD) is the largest by market capitalisation: Advanced Micro Devices (AMD) $914.36B, Dolby Laboratories (DLB) $5.91B, Western Digital (WDC) $139.55B.

Which stock is cheaper, AMD, DLB and WDC?

Western Digital (WDC) trades on the lowest price-to-earnings ratio (Advanced Micro Devices (AMD) 142.1x, Dolby Laboratories (DLB) 26.1x, Western Digital (WDC) 13.9x). On next year's consensus earnings, Dolby Laboratories (DLB) is cheapest (Advanced Micro Devices (AMD) 72.0x, Dolby Laboratories (DLB) 14.1x, Western Digital (WDC) 14.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Western Digital (WDC) grew revenue fastest over the trailing twelve months: Advanced Micro Devices (AMD) +39.5%, Dolby Laboratories (DLB) +0.6%, Western Digital (WDC) +43.0%.

Which company is more profitable?

Western Digital (WDC) has the highest net margin (Advanced Micro Devices (AMD) 15.6%, Dolby Laboratories (DLB) 16.7%, Western Digital (WDC) 69.2%). On return on invested capital, Western Digital (WDC) leads (Advanced Micro Devices (AMD) 8.0%, Western Digital (WDC) 53.8%).

Which stock has performed better?

Over the past year Western Digital (WDC) returned the most: Advanced Micro Devices (AMD) +110.1%, Dolby Laboratories (DLB) -6.3%, Western Digital (WDC) +175.2%. Over five years, Western Digital (WDC) compounded fastest (Advanced Micro Devices (AMD) +34.2%/yr, Dolby Laboratories (DLB) -6.4%/yr, Western Digital (WDC) +53.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Dolby Laboratories (DLB) has the highest dividend yield: Advanced Micro Devices (AMD) 0.00%, Dolby Laboratories (DLB) 0.02%, Western Digital (WDC) 0.00%. Advanced Micro Devices (AMD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Dolby Laboratories (DLB) has been the steadiest (Advanced Micro Devices (AMD) 68.4%, Dolby Laboratories (DLB) 30.3%, Western Digital (WDC) 81.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMD, DLB and WDC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Western Digital (WDC) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.