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Western DigitalCHIX:WDCD -14.78%47 Debt-to-Equity is 0.16 as of Mar. 2026, which is 82% below its 10-year median of 0.91. GuruFocus rates CHIX:WDCD with a GF Score™ of 47/100 and a GF Value™ of €76.35 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,217 Hardware companies, Western Digital ranks better than 63.92% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Western Digital's Debt-to-Equity or its related term are showing as below:
CHIX:WDCd'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.91 Max: 1.53
Current: 0.16
During the past 13 years, the highest Debt-to-Equity Ratio of Western Digital was 1.53. The lowest was 0.16. And the median was 0.91.
CHIX:WDCd's Debt-to-Equity is ranked better than 63.92% of 2217
companies
in the Hardware industry
Industry Median: 0.27
vs CHIX:WDCd: 0.16
Western Digital (CHIX:WDCd) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Western Digital Debt-to-Equity Related Terms
Western Digital Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Western Digital's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:WDCD vs STX, SNDK, ANET: Debt-to-Equity Comparison
For the Computer Hardware subindustry, Western Digital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Western Digital Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Western Digital's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Western Digital's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Western Digital (CHIX:WDCD) has a Debt-to-Equity of 0.16 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Digital and its competitors. This is 82% below median its historical median of 0.91. Over the past decade, Western Digital's Debt-to-Equity has ranged from 0.16 to 1.53. According to the industry distribution chart, Western Digital ranks #800 out of 2217 companies in the Hardware industry, placing it in the top 36.1%.
Is Western Digital's Debt-to-Equity too high?
Western Digital's current Debt-to-Equity of 0.16 is 82% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.53. The Hardware industry median Debt-to-Equity is 0.27. Western Digital's value of 0.16 is 40.7% below this industry median. Based on the distribution chart, Western Digital ranks #800 out of 2217 companies in the Hardware industry, which is above the industry midpoint. Overall, Western Digital has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Digital's Debt-to-Equity compare to STX and SNDK?
According to the Hardware industry distribution chart, Western Digital ranks #800 out of 2217 companies for Debt-to-Equity. This puts Western Digital in the upper half of its industry. The industry median Debt-to-Equity is 0.27. Western Digital's value of 0.16 is 40.7% below this benchmark. Historically, Western Digital's own Debt-to-Equity has ranged from 0.16 to 1.53 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.27, Western Digital has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Digital's current Debt-to-Equity of 0.16 is 40.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Digital and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Digital's current Debt-to-Equity is 0.16, which is 82% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Digital stock overvalued right now?
Based on GuruFocus' analysis, Western Digital (CHIX:WDCD) is currently considered Significantly Overvalued. The stock's GF Value™ is €76.35, compared to a current price of €425.25 — trading 457% above its estimated fair value. The current Debt-to-Equity is 0.16, which is 82% below median its 10-year median of 0.91 and 40.7% below the Hardware industry median of 0.27. Western Digital's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Western Digital (CHIX:WDCD), the current Debt-to-Equity is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Western Digital (CHIX:WDCD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Digital stock appears to be overvalued.
The current stock price of €425.25 is trading 457% above its estimated GF Value™ of €76.35.
GuruFocus considers Western Digital to be Significantly Overvalued.
Key valuation signals for CHIX:WDCD:
Debt-to-Equity: 0.16 (82% below median its 10-year median of 0.91)
GF Value™: €76.35 vs. price of €425.25 (457% above fair value)
Industry Position: 40.7% below the Hardware median (#800 of 2217)
No single metric tells the full story. See the CHIX:WDCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly, with Western Digital and Seagate being the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.
47GF Score
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