Cloudflare, Inc. (NET) vs Western Digital Corporation (WDC)
A side-by-side comparison of Cloudflare, Inc. 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.
NET
Cloudflare, Inc.
$327.10TechnologyDelayed quote: Sep 15, 2026, 3:59 PM EDT
WDC
Western Digital Corporation
$411.96TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — NET vs WDC
growth of $100 · dividends reinvested · last 7yNET +1479.4% (+48.3%/yr)WDC +1012.9% (+41.1%/yr)NET compounded faster over this window
NET WDC
NET vs WDC: by the numbers
- •WDC is the larger company ($142.00B vs $116.10B market cap).
- •WDC is profitable (72.95% net margin) while NET runs a net loss (-8.21%).
- •NET grew revenue faster over the past five years (36.49% vs -5.25% CAGR).
- •WDC pays a dividend (0.10% yield), while NET has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | NET | WDC |
|---|---|---|
| P/E ratio | N/A | 16.60 |
| Forward P/E | 259.31 | 20.27 |
| P/S ratio | 46.21 | 10.99 |
| P/B ratio | 71.67 | 16.02 |
| EV / EBITDA | N/A | 28.97 |
| FCF yield | 0.33% | 2.27% |
Profitability
| Metric | NET | WDC |
|---|---|---|
| Gross margin | 72.58% | 48.85% |
| Operating margin | -14.11% | 34.89% |
| Net margin | -8.21% | 72.95% |
| ROE | -12.73% | 106.32% |
| ROIC | -6.90% | 40.19% |
Dividends
| Metric | NET | WDC |
|---|---|---|
| Dividend yield | N/A | 0.10% |
| Payout ratio | N/A | 2.01% |
Growth (annualized)
| Metric | NET | WDC |
|---|---|---|
| Revenue CAGR (5Y) | 36.49% | -5.25% |
| EPS CAGR (5Y) | N/A | 58.48% |
| FCF CAGR (5Y) | N/A | 29.14% |
| Total return CAGR (5Y) | 19.17% | 61.31% |
Frequently asked
- Which has grown faster, NET or WDC?
- Over the past five years, NET grew revenue faster — NET at a 36.49% CAGR versus WDC at -5.25%.
- Does NET or WDC pay a bigger dividend?
- WDC pays a dividend (0.10% yield), while NET has no payments in the available dividend history.
- Is NET or WDC more profitable?
- WDC runs the higher net margin — NET at -8.21% versus WDC at 72.95%.
- How have NET and WDC total returns compared?
- Over the past 5 years, NET delivered 19.17% and WDC delivered 61.31% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Western Digital P/E ratioWestern Digital dividend yieldCloudflare ROEWestern Digital ROECloudflare operating marginWestern Digital operating marginCloudflare revenue growthWestern Digital revenue growthCloudflare free cash flowWestern Digital free cash flow
Cloudflare & Western Digital appear in these rankings
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.