Western Digital (WDC) Invested Capital (2009 - 2026)
Western Digital's Invested Capital was $9.92 billion in fiscal Q4 2026 (quarter ended Jul 3, 2026), down 1.1% from $10.02 billion a year earlier and down 11.9% from the prior quarter.
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Analysis
Western Digital (WDC) Invested Capital (2009 - 2026) Analysis & Trends
From fiscal Q4 2009 onward, Western Digital has reported Invested Capital for 69 quarters.
- Invested Capital shows a five-year compound annual growth rate of -12.7% (FY2021 to FY2026).
- In earlier fiscal years, Invested Capital was $10.02 billion in FY2025 (-45.1%), $18.25 billion in FY2024 (+1.2%), $18.03 billion in FY2023 (-6.8%) and $19.35 billion in FY2022 (-0.9%).
- The fiscal Q4 2026 figure marks the lowest quarterly Invested Capital since fiscal Q4 2013.
- Compared with a year earlier, Invested Capital has declined for six straight quarters, with an average decline of 19.8% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was fiscal Q1 2025 (growth of 6.4%); the worst was fiscal Q4 2025 (a decline of 45.1%).
- Per Business Quant data, WDC's Invested Capital in the three fiscal quarters before Q4 2026 was $11.26 billion (Q3 2026), $11.77 billion (Q2 2026) and $10.57 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | - |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 5.73 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 9.92 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 60.06 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 6.28 Bn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 46.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 9.92 Bn |
| Apr 3, 2026 | 11.26 Bn |
| Jan 2, 2026 | 11.77 Bn |
| Oct 3, 2025 | 10.57 Bn |
| Jun 27, 2025 | 10.02 Bn |
| Mar 28, 2025 | 12.51 Bn |
| Dec 27, 2024 | 19.48 Bn |
| Sep 27, 2024 | 19.04 Bn |
| Jun 28, 2024 | 18.25 Bn |
| Mar 29, 2024 | 17.89 Bn |
| Dec 29, 2023 | 18.46 Bn |
| Sep 29, 2023 | 17.90 Bn |
| Jun 30, 2023 | 18.03 Bn |
| Mar 31, 2023 | 18.81 Bn |
| Dec 30, 2022 | 19.32 Bn |
| Sep 30, 2022 | 19.29 Bn |
| Jul 1, 2022 | 19.35 Bn |
| Apr 1, 2022 | 19.15 Bn |
| Dec 31, 2021 | 19.33 Bn |
| Oct 1, 2021 | 19.88 Bn |
API Access
Western Digital Invested Capital 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=invested-capital&ticker=WDC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WDC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();