Is WESTERN DIGITAL CORP financially healthy?

WESTERN DIGITAL CORP scores 7 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of WESTERN DIGITAL CORP?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), FMR LLC (trimming), JPMORGAN CHASE & CO (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

WESTERN DIGITAL CORP (WDC)

Nasdaq · Common Stock · Computer Storage Devices

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

American computer storage corporation

Financial health

Two standard screens, computed from the XBRL in FY2026 against FY2025. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

7 / 9

PASSReturn on assets positiveROA 68.0%
PASSOperating cash flow positiveOCF 3.9B
PASSReturn on assets improving13.5% → 68.0%
FAILCash flow exceeds earningsOCF 3.9B vs NI 9.4B
PASSLong-term debt ratio falling17.7% → 0.0% of assets
PASSCurrent ratio improving1.08 → 1.33
FAILNo share dilution359M → 383M shares
PASSGross margin improving38.8% → 48.9%
PASSAsset turnover improving0.68× → 0.93×

Altman Z-score

20.98safe

Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.

Cash conversion: 41.7%
Share count change: 6.7%

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2021	$16.9B	$821.0M	$752.0M	26.7%	309,000,000
FY2022	$18.8B	$1.5B	$758.0M	31.3%	316,000,000
FY2023	$12.3B	−$1.7B	−$1.2B	15.3%	318,000,000
FY2024	$13.0B	−$798.0M	−$781.0M	22.6%	326,000,000
FY2025	$9.5B	$1.9B	$1.3B	38.8%	359,000,000

Ownership flow

16 institutions tracked — 5 added, 10 reduced, 1 opened a new position.

Institutional holders of WESTERN DIGITAL CORP and their share-count change
Manager	Kind	Shares	Change	Value
FMR LLC	Active fund	25,983,645	−5,639,773	$16.6B
Capital World Investors	Active fund	16,598,211	+4,718,173	$10.6B
CITADEL ADVISORS LLC	Hedge fund	8,759,278	+2,911,310	$5.6B
BlackRock, Inc.	Index	32,953,613	−2,815,609	$21.0B

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q1: $0.13
2025Q4: $0.13
2025Q3: $0.10
2021Q1: $0.00
2020Q4: $0.00
2020Q3: $0.00

Shares repurchased

2025Q3: $553.0M
2024Q3: $0
2019Q3: $0
2018Q3: $563.0M
2017Q3: $0
2016Q3: $0

Identity

CIK: 0000106040
FIGI: BBG000BWNFZ9
SIC: 3572 · Computer Storage Devices
Incorporated: DE
Headquarters: SAN JOSE, CA
Employees: 76,449
Founded: 1970-04-23

Ownership

Institutional: 88.8%
Institutions: 2,473
Insiders: 0.3%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about WESTERN DIGITAL CORP

Is WESTERN DIGITAL CORP financially healthy?: WESTERN DIGITAL CORP scores 7 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the safe zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of WESTERN DIGITAL CORP?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (trimming), FMR LLC (trimming), JPMORGAN CHASE & CO (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

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The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.