Which has the lower trailing P/E, APP or WDC?

WDC has the lower trailing P/E: APP trades at 25.48 and WDC at 16.60. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, APP or WDC?

Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus WDC at -5.25%.

Does APP or WDC pay a bigger dividend?

WDC pays a dividend (0.10% yield), while APP has no payments in the available dividend history.

Is APP or WDC more profitable?

WDC runs the higher net margin — APP at 64.58% versus WDC at 72.95%.

How have APP and WDC total returns compared?

Over the past 5 years, APP delivered 33.14% and WDC delivered 61.31% annualized total return. Past performance doesn't predict future results.

AppLovin Corporation (APP) vs Western Digital Corporation (WDC)

A side-by-side comparison of AppLovin Corporation and Western Digital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

APP

AppLovin Corporation

$111.35B

$331.46TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT

WDC

Western Digital Corporation

$142.00B

$411.96TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT

Total return — APP vs WDC

growth of $100 · dividends reinvested · last 5y

APP +367.9% (+36.2%/yr)WDC +788.0% (+54.8%/yr)WDC compounded faster over this window

APP WDC

APP vs WDC: by the numbers

•WDC is the larger company ($142.00B vs $111.35B market cap).
•WDC trades at the lower trailing earnings multiple (16.60 vs 25.48 P/E), one valuation lens rather than an overall verdict.
•WDC converts more revenue to profit (72.95% vs 64.58% net margin).
•APP grew revenue faster over the past five years (25.84% vs -5.25% CAGR).
•WDC pays a dividend (0.10% yield), while APP has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	APP	WDC
P/E ratio	25.48	16.60
Forward P/E	21.01	20.27
P/S ratio	16.31	10.99
P/B ratio	35.20	16.02
EV / EBITDA	20.62	28.97
FCF yield	4.04%	2.27%

Profitability

Metric	APP	WDC
Gross margin	88.46%	48.85%
Operating margin	77.44%	34.89%
Net margin	64.58%	72.95%
ROE	139.42%	106.32%
ROIC	63.79%	40.19%

Dividends

Metric	APP	WDC
Dividend yield	N/A	0.10%
Payout ratio	N/A	2.01%

Growth (annualized)

Metric	APP	WDC
Revenue CAGR (5Y)	25.84%	-5.25%
EPS CAGR (5Y)	73.54%	58.48%
FCF CAGR (5Y)	73.58%	29.14%
Total return CAGR (5Y)	33.14%	61.31%

Frequently asked

Which has the lower trailing P/E, APP or WDC?: WDC has the lower trailing P/E: APP trades at 25.48 and WDC at 16.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, APP or WDC?: Over the past five years, APP grew revenue faster — APP at a 25.84% CAGR versus WDC at -5.25%.
Does APP or WDC pay a bigger dividend?: WDC pays a dividend (0.10% yield), while APP has no payments in the available dividend history.
Is APP or WDC more profitable?: WDC runs the higher net margin — APP at 64.58% versus WDC at 72.95%.
How have APP and WDC total returns compared?: Over the past 5 years, APP delivered 33.14% and WDC delivered 61.31% annualized total return. Past performance doesn't predict future results.

Go deeper

Full APP analysis Full WDC analysis Interactive comparison tool

Dig into the metrics

AppLovin P/E ratio Western Digital P/E ratio Western Digital dividend yield AppLovin ROE Western Digital ROE AppLovin operating margin Western Digital operating margin AppLovin revenue growth Western Digital revenue growth AppLovin free cash flow Western Digital free cash flow

AppLovin & Western Digital appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.