Buyback yield (TTM)
2.03%
Shareholder yield (TTM)
2.19%
5Y share count change
20.5%
Buyback spend (TTM)
$2.07B
Cumulative buybacks
$5.25B
Key takeaways
- Western Digital (WDC) repurchased about $2.07B of stock over the trailing twelve months.
- Diluted share count is up 20.5% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 10.14× — repurchases more than cover SBC dilution.
- TTM repurchases used about 75% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Western Digital (WDC)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Western Digital (WDC)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Western Digital (WDC)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Western Digital (WDC)
Latest: $149.00M
Overview
In 2025, Western Digital (WDC) buyback spend totalled $149.00M.
Over 2015–2025 (10 years), Western Digital buyback spend expanded at a -17.1% compound annual rate, with a net decline across the window.
Between 2015 and 2025, Western Digital buyback spend plunged 84.6%, falling from $970.00M to $149.00M.
2015 marks the peak buyback spend at $970.00M, with the historical low of $0.00 recorded in 1990.
Western Digital Buyback Spend 2025: $149.00M
Western Digital buyback spend in 2025 was $149.00M.
Western Digital Buyback Spend 2024: $0.00
Western Digital buyback spend in 2024 was $0.00.
Western Digital Buyback Spend 2023: $0.00
Western Digital buyback spend in 2023 was $0.00.
Western Digital Buyback Spend 2022: $0.00
Western Digital buyback spend in 2022 was $0.00.
Western Digital Buyback Spend 2021: $0.00
Western Digital buyback spend in 2021 was $0.00.
See more financial history for Western Digital (WDC).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $149.00M | $265.00M | −$116.00M | 0.68% | 0.36B | +10.1% | |
| 2024 | $0.00 | $295.00M | −$295.00M | — | 0.33B | +2.5% | |
| 2023 | $0.00 | $318.00M | −$318.00M | — | 0.32B | +0.6% | |
| 2022 | $0.00 | $326.00M | −$326.00M | — | 0.32B | +2.3% | |
| 2021 | $0.00 | $318.00M | −$318.00M | — | 0.31B | +3.7% | |
| 2020 | $0.00 | $308.00M | −$308.00M | — | 0.30B | +2.1% | |
| 2019 | $563.00M | $306.00M | $257.00M | 5.10% | 0.29B | -4.9% | |
| 2018 | $591.00M | $377.00M | $214.00M | 3.38% | 0.31B | +3.7% | |
| 2017 | $0.00 | $394.00M | −$394.00M | — | 0.30B | +22.3% | |
| 2016 | $60.00M | $191.00M | −$131.00M | 0.64% | 0.24B | +2.1% | |
| 2015 | $970.00M | $162.00M | $808.00M | 7.09% | 0.24B | -2.1% | |
| 2014 | $816.00M | $156.00M | $660.00M | 5.00% | 0.24B | -1.6% | |
| 2013 | $842.00M | $137.00M | $705.00M | 7.49% | 0.25B | +0.4% | |
| 2012 | $604.00M | $92.00M | $512.00M | — | 0.24B | +4.3% | |
| 2011 | $50.00M | $69.00M | −$19.00M | — | 0.23B | +0.9% | |
| 2010 | $0.00 | $60.00M | −$60.00M | — | 0.23B | +3.1% | |
| 2009 | $36.00M | $47.00M | −$11.00M | — | 0.23B | 0.0% | |
| 2008 | $60.00M | $37.00M | $23.00M | — | 0.23B | 0.0% | |
| 2007 | $73.00M | $48.00M | $25.00M | — | 0.23B | +0.9% | |
| 2006 | $53.50M | $37.00M | $16.50M | — | 0.22B | +2.9% | |
| 2005 | $45.00M | $0.00 | $45.00M | — | 0.22B | +0.3% | |
| 2004 | $16.00M | $0.00 | $16.00M | — | 0.22B | +3.7% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.21B | +8.1% | |
| 2002 | $0.00 | $71.02M | −$71.02M | — | 0.19B | +17.3% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.17B | +41.2% | |
| 2000 | $0.00 | $0.00 | $0.00 | — | 0.12B | +30.7% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.09B | +2.2% | |
| 1998 | $35.80M | $0.00 | $35.80M | — | 0.09B | -6.5% | |
| 1997 | $144.60M | $0.00 | $144.60M | — | 0.09B | -2.5% | |
| 1996 | $132.10M | $0.00 | $132.10M | — | 0.10B | — | |
| 1995 | $10.80M | $0.00 | $10.80M | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$149.00M
- 2024$0.00
- 2023$0.00
- 2022$0.00
- 2021$0.00
- 2020$0.00
- 2019$563.00M
- 2018$591.00M
- 2017$0.00
- 2016$60.00M
- 2015$970.00M
- 2014$816.00M
- 2013$842.00M
- 2012$604.00M
- 2011$50.00M
- 2010$0.00
- 2009$36.00M
- 2008$60.00M
- 2007$73.00M
- 2006$53.50M
- 2005$45.00M
- 2004$16.00M
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$0.00
- 1999$0.00
- 1998$35.80M
- 1997$144.60M
- 1996$132.10M
- 1995$10.80M
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
Buybacks vs stock-based compensation for Western Digital (WDC)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 10.14×.
Buybacks vs dividends (share of cash returned) for Western Digital (WDC)
How Western Digital splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Western Digital, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $2.74B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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