Western Digital (WDC) FCF Margin (2009 - 2026)
Western Digital (WDC) posted FCF Margin of 31.43% for fiscal Q1 2027 (quarter ended Oct 2, 2026), up 10.17 percentage points from 21.26% a year earlier but down 2.76 percentage points from the prior quarter.
Western Digital (WDC) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Oct 2, 2026, FCF Margin at Western Digital was 29.62%, up 10.46 percentage points year-over-year; for FY2026 (ended Jul 3, 2026), it came in at 27.18%, up 13.74 percentage points from FY2025.
- Annual FCF Margin has increased for three consecutive fiscal years, with a five-year change of +22.73 percentage points (FY2021 to FY2026).
- In prior fiscal years, Western Digital's FCF Margin was 13.43% in FY2025 (+25.80 pp), -12.36% in FY2024 (+7.28 pp), -19.65% in FY2023 (-23.68 pp) and 4.03% in FY2022 (-0.41 pp).
- Quarterly FCF Margin has run from a low of -62.81% in fiscal Q1 2024 to a high of 34.19% in fiscal Q4 2026 over five years.
- On a year-over-year basis, FCF Margin has increased in each of the last nine quarters, with an average year-over-year change of +15.85 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was fiscal Q1 2025, with a gain of 60.01 percentage points; the weakest was fiscal Q1 2024, with a drop of 54.41 percentage points.
- According to Business Quant data, FCF Margin for the three prior fiscal quarters was 34.19% (Q4 2026), 29.31% (Q3 2026) and 21.64% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 22.59% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 30.08% |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 2.10% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 17.42% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 57.19% |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 34.94% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 31.43% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 7.34% |
| 10 | Garmin | 54.56 Bn | 44.11 Bn | 1.26 Bn | 14.77% |
Historic Data
| Date | Value |
|---|---|
| Oct 2, 2026 | 31.43% |
| Jul 3, 2026 | 34.19% |
| Apr 3, 2026 | 29.31% |
| Jan 2, 2026 | 21.64% |
| Oct 3, 2025 | 21.26% |
| Jun 27, 2025 | 25.91% |
| Mar 28, 2025 | 16.52% |
| Dec 27, 2024 | 11.91% |
| Sep 27, 2024 | -2.80% |
| Jun 28, 2024 | 12.48% |
| Mar 29, 2024 | -2.23% |
| Dec 29, 2023 | -17.70% |
| Sep 29, 2023 | -62.81% |
| Mar 31, 2023 | -18.02% |
| Dec 30, 2022 | -7.18% |
| Sep 30, 2022 | -8.40% |
| Jul 1, 2022 | 0.33% |
| Apr 1, 2022 | 2.44% |
| Dec 31, 2021 | 7.45% |
| Oct 1, 2021 | 5.46% |
Western Digital FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WDC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WDC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();