WESTERN Financial Statements From 2010 to 2024
| WDC Stock | EUR 69.58 0.52 0.75% |
Check WESTERN DIGITAL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WESTERN DIGITAL's main balance sheet or income statement drivers, such as , as well as many indicators such as . WESTERN financial statements analysis is a perfect complement when working with WESTERN DIGITAL Valuation or Volatility modules.
WESTERN |
WESTERN DIGITAL Company Net Income Analysis
WESTERN DIGITAL's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current WESTERN DIGITAL Net Income | 1.5 B |
Most of WESTERN DIGITAL's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, WESTERN DIGITAL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, WESTERN DIGITAL reported net income of 1.5 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The net income for all Germany stocks is notably lower than that of the firm.
WESTERN DIGITAL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining WESTERN DIGITAL's current stock value. Our valuation model uses many indicators to compare WESTERN DIGITAL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WESTERN DIGITAL competition to find correlations between indicators driving WESTERN DIGITAL's intrinsic value. More Info.WESTERN DIGITAL is rated first in current valuation category among its peers. It is rated third in price to book category among its peers . The ratio of Current Valuation to Price To Book for WESTERN DIGITAL is about 16,494,831,730 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WESTERN DIGITAL's earnings, one of the primary drivers of an investment's value.About WESTERN DIGITAL Financial Statements
WESTERN DIGITAL stakeholders use historical fundamental indicators, such as WESTERN DIGITAL's revenue or net income, to determine how well the company is positioned to perform in the future. Although WESTERN DIGITAL investors may analyze each financial statement separately, they are all interrelated. For example, changes in WESTERN DIGITAL's assets and liabilities are reflected in the revenues and expenses on WESTERN DIGITAL's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in WESTERN DIGITAL. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in WESTERN Stock
When determining whether WESTERN DIGITAL offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESTERN DIGITAL's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western Digital Stock:Check out the analysis of WESTERN DIGITAL Correlation against competitors. For information on how to trade WESTERN Stock refer to our How to Trade WESTERN Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.