Western Digital (WDC) FCF Margin (2009 - 2026)
Western Digital (WDC) posted FCF Margin of 34.19% for fiscal Q4 2026 (quarter ended Jul 3, 2026), up 8.28 percentage points from 25.91% a year earlier and up 4.88 percentage points from the prior quarter.
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Analysis
Western Digital (WDC) FCF Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jul 3, 2026), Western Digital's FCF Margin 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).
- The fiscal Q4 2026 figure stands as the highest quarterly FCF Margin since fiscal Q3 2012.
- On a year-over-year basis, FCF Margin has increased in each of the last eight quarters, with an average year-over-year change of +22.08 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 29.31% (Q3 2026), 21.64% (Q2 2026) and 21.26% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 79.01% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 30.81% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 34.19% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 6.96% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 19.50% |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 7.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jul 2, 2021 | 13.58% |
API Access
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_KEYimport 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();