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

IBM has the lower trailing P/E: IBM trades at 19.79 and WDC at 31.90. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, IBM or WDC?

Over the past five years, IBM grew revenue faster — IBM at a 1.13% CAGR versus WDC at -6.28%.

Does IBM or WDC pay a bigger dividend?

IBM yields 3.01% and WDC yields 0.09% based on trailing dividends and the latest price.

Is IBM or WDC more profitable?

WDC runs the higher net margin — IBM at 15.52% versus WDC at 55.07%.

How have IBM and WDC total returns compared?

Over the past 10 years, IBM delivered 8.27% and WDC delivered 32.94% annualized total return. Past performance doesn't predict future results.

International Business Machines Corporation (IBM) vs Western Digital Corporation (WDC)

A side-by-side comparison of International Business Machines Corporation and Western Digital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

IBM

International Business Machines Corporation

$210.71B

$223.65TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT

WDC

Western Digital Corporation

$187.80B

$544.84TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — IBM vs WDC

growth of $100 · dividends reinvested · last 30y

IBM +1699.0%WDC +6391.5%WDC compounded faster

IBM WDC

IBM vs WDC: by the numbers

•IBM is the larger company ($210.71B vs $187.80B market cap).
•IBM trades at the lower trailing earnings multiple (19.79 vs 31.90 P/E), one valuation lens rather than an overall verdict.
•WDC converts more revenue to profit (55.07% vs 15.52% net margin).
•IBM grew revenue faster over the past five years (1.13% vs -6.28% CAGR).
•IBM pays the higher dividend yield (3.01% vs 0.09%).

Metrics side by side

Valuation

Metric	IBM	WDC
P/E ratio	19.79	31.90
Forward P/E	18.16	54.52
P/S ratio	3.08	17.39
P/B ratio	6.18	21.16
PEG ratio	0.35	2.47
EV / EBITDA	16.74	51.30
FCF yield	6.84%	1.42%

Profitability

Metric	IBM	WDC
Gross margin	58.43%	45.43%
Operating margin	17.86%	30.78%
Net margin	15.52%	55.07%
ROE	31.13%	67.00%
ROIC	10.37%	21.53%

Dividends

Metric	IBM	WDC
Dividend yield	3.01%	0.09%
Payout ratio	59.24%	9.42%

Growth (annualized)

Metric	IBM	WDC
Revenue CAGR (5Y)	1.13%	-6.28%
EPS CAGR (5Y)	12.59%	12.92%
FCF CAGR (5Y)	-5.01%	78.08%
Total return CAGR (5Y)	15.10%	61.96%

Frequently asked

Which has the lower trailing P/E, IBM or WDC?: IBM has the lower trailing P/E: IBM trades at 19.79 and WDC at 31.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, IBM or WDC?: Over the past five years, IBM grew revenue faster — IBM at a 1.13% CAGR versus WDC at -6.28%.
Does IBM or WDC pay a bigger dividend?: IBM yields 3.01% and WDC yields 0.09% based on trailing dividends and the latest price.
Is IBM or WDC more profitable?: WDC runs the higher net margin — IBM at 15.52% versus WDC at 55.07%.
How have IBM and WDC total returns compared?: Over the past 10 years, IBM delivered 8.27% and WDC delivered 32.94% annualized total return. Past performance doesn't predict future results.

Go deeper

Full IBM analysis Full WDC analysis Interactive comparison tool

Dig into the metrics

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

International Business Machines & Western Digital appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest ROE Stocks Highest ROIC 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 July 31, 2026.