Ticker League

FCF Margin for Western Digital (WDC)

As of · Reported

Metric

TTM

24.7%

YoY change

+25.85pp

Trough year (2023)

-19.4%

Peak year (2012)

18.8%

FCF Margin history chart for Western Digital (WDC) from 1990 to 2025

Latest: 13.5%

FCF Margin change chart for Western Digital (WDC) from 1990 to 2025

Latest: +25.85pp

FCF Margin history table for Western Digital (WDC) from 1990 to 2025

  • 202513.5%+25.85pp
  • 2024-12.4%+7.06pp
  • 2023-19.4%-23.54pp
  • 20224.1%-1.18pp
  • 20215.3%+4.23pp
  • 20201.1%-3.71pp
  • 20194.8%-11.68pp
  • 201816.4%+1.36pp
  • 201715.1%+4.32pp
  • 201610.8%-0.42pp
  • 201511.2%-3.28pp
  • 201414.5%+0.34pp
  • 201314.1%-4.72pp
  • 201218.8%+9.63pp
  • 20119.2%-3.03pp
  • 201012.2%+1.69pp
  • 200910.5%+0.84pp
  • 20089.7%+4.33pp
  • 20075.4%+3.08pp
  • 20062.3%-3.95pp
  • 20056.2%+4.33pp
  • 20041.9%-6.14pp
  • 20038.1%+6.42pp
  • 20021.6%+9.51pp
  • 2001-7.9%+1.01pp
  • 2000-8.9%+0.00pp
  • 1999-8.9%-2.18pp
  • 1998-6.7%-9.06pp
  • 19972.4%+4.11pp
  • 1996-1.8%-4.88pp
  • 19953.1%-7.43pp
  • 199410.6%+8.90pp
  • 19931.7%+3.58pp
  • 1992-1.9%+6.91pp
  • 1991-8.8%-10.77pp
  • 19901.9%—

FCF Margin values are taken from Western Digital's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Western Digital (WDC)

According to Western Digital's latest reported financial statements, the company's latest reported free cash flow margin is 24.7%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Western Digital (WDC) reported free cash flow margin of 13.49% – expanded 25.9 percentage points year-over-year.

The highest annual free cash flow margin of 18.83% was reported in 2012. The lowest in the available history was -19.42% in 2023.

Western Digital FCF Margin by Year

Western Digital FCF Margin 2025: 13.5%

In 2025, Western Digital reported free cash flow margin of 13.49%, expanded 25.9 percentage points from 2024.

Western Digital FCF Margin 2024: -12.4%

Western Digital free cash flow margin in 2024 was -12.36%, expanded 7.1 percentage points from 2023.

Western Digital FCF Margin 2023: -19.4%

2023's free cash flow margin for Western Digital came in at -19.42%, contracted 23.5 percentage points from 2022. This figure represents the lowest annual value in the available history.

Western Digital FCF Margin 2022: 4.1%

Western Digital posted free cash flow margin of 4.11% in 2022, contracted 1.2 percentage points from 2021.

Western Digital FCF Margin 2021: 5.3%

Western Digital free cash flow margin in 2021 was 5.29%.

See more financial history for Western Digital (WDC).

Sector peers by FCF Margin

Technology peers of Western Digital (WDC), ranked by their latest free cash flow margin

Frequently asked questions

Western Digital (WDC) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation

Overview