Western Digital (HAM:WDC) EBIT: €6,214 Mil (TTM As of Mar. 2026)


HAM:WDC Western Digital Corp HAM:WDC
60 GF Score
Price €52.14
GF Value €6.66
! 6 Warning Signs
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What is Western Digital EBIT?

Western Digital HAM:WDC 60 EBIT is €6,214 Mil as of Mar. 2026. GuruFocus rates HAM:WDC with a GF Score™ of 60/100 and a GF Value™ of €6.66. The stock has 6 warning signs investors should review.

Western Digital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €2,938 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €6,214 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Western Digital's annualized ROC % for the quarter that ended in Mar. 2026 was 45.23%. Western Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 461.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Western Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.05%.


Western Digital  (HAM:WDC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Western Digital's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4273.1 * ( 1 - 4.58% )/( (9193.31 + 8836.84)/ 2 )
=4077.39202/9015.075
=45.23 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13331.794 - 2127.314 - ( 3452.722 - max(0, 4420.304 - 6431.474+3452.722))
=9193.31

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13013.925 - 2210.075 - ( 2800.005 - max(0, 4011.005 - 5978.015+2800.005))
=8836.84

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Western Digital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11753.62/( ( (2008.608 + max(459.452, 0)) + (2095.03 + max(534.57, 0)) )/ 2 )
=11753.62/( ( 2468.06 + 2629.6 )/ 2 )
=11753.62/2548.83
=461.14 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1438.99 + 1152.046 + 387.716) - (2127.314 + 0 + 391.986)
=459.452

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1638.31 + 1173.805 + 365.895) - (2210.075 + 0 + 433.365)
=534.57

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Western Digital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6214.468/203582.027
=3.05 %

* 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 EBIT Related Terms


Western Digital EBIT Historical Data

* Premium members only.

The historical data trend for Western Digital's EBIT 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.

Western Digital EBIT Chart

Western Digital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,039.99 2,341.35 -497.50 -301.93 1,289.23

Western Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 152.63 365.01 1,189.39 1,721.66 2,938.41

HAM:WDC vs STX, ANET, SNDK: EBIT Comparison

For the Computer Hardware subindustry, Western Digital's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Western Digital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Western Digital's EV-to-EBIT falls into.


HAM:WDC
60GF Score
Western Digital Corp HAM:WDC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Digital EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €6,214 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €6,214 Mil mean?
Western Digital (HAM:WDC) has a EBIT of €6,214 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Western Digital.
Is Western Digital's EBIT too high?
Western Digital's current EBIT is €6,214 Mil. Overall, Western Digital has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Western Digital's EBIT compare to STX and ANET?
Western Digital's EBIT of €6,214 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Hardware company?
A good EBIT depends on the Hardware industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Western Digital. Western Digital's current EBIT is €6,214 Mil. 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?
Western Digital (HAM:WDC) has a current EBIT of €6,214 Mil. The stock's GF Value™ is €6.66, compared to a current price of €52.14 — trading 683% above its estimated fair value. The current EBIT is €6,214 Mil. Western Digital's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Western Digital (HAM:WDC), the current EBIT is €6,214 Mil 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 (HAM:WDC) Overvalued in 2026?

Based on GuruFocus' analysis, Western Digital stock appears to be overvalued. The current stock price of €52.14 is trading 683% above its estimated GF Value™ of €6.66.

Key valuation signals for HAM:WDC:

  • EBIT: €6,214 Mil
  • GF Value™: €6.66 vs. price of €52.14 (683% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the HAM:WDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Digital Business Description

Address 5601 Great Oaks Parkway, San Jose, CA, USA, 95119
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.
60GF Score

Get the complete analysis for HAM:WDC

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€52.14
Price
€6.66
GF Value