Shopify Inc. (SHOP) vs Western Digital Corporation (WDC)
A side-by-side comparison of Shopify Inc. and Western Digital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 29, 2026. Differences are shown without an overall score or investment verdict.
SHOP
Shopify Inc.
$129.17TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
WDC
Western Digital Corporation
$462.04TechnologyDelayed quote: Jul 29, 2026, 4:00 PM EDT
Total return — SHOP vs WDC
growth of $100 · dividends reinvested · last 11ySHOP +7563.5%WDC +658.7%SHOP compounded faster
Log scale — wide-divergence pair
SHOP WDC
SHOP vs WDC: by the numbers
- •SHOP is the larger company ($167.62B vs $159.26B market cap).
- •WDC trades at the lower trailing earnings multiple (27.14 vs 127.73 P/E), one valuation lens rather than an overall verdict.
- •WDC converts more revenue to profit (55.07% vs 10.77% net margin).
- •SHOP grew revenue faster over the past five years (29.11% vs -6.28% CAGR).
- •WDC pays a dividend (0.11% yield), while SHOP has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | SHOP | WDC |
|---|---|---|
| P/E ratio | 127.73 | 27.14 |
| Forward P/E | 71.16 | 46.38 |
| P/S ratio | 13.73 | 14.80 |
| P/B ratio | 13.54 | 18.00 |
| PEG ratio | 4.46 | 2.10 |
| EV / EBITDA | 100.25 | 43.63 |
| FCF yield | 1.25% | 1.67% |
Profitability
| Metric | SHOP | WDC |
|---|---|---|
| Gross margin | 47.97% | 45.43% |
| Operating margin | 13.32% | 30.78% |
| Net margin | 10.77% | 55.07% |
| ROE | 10.62% | 67.00% |
| ROIC | 8.67% | 21.53% |
Dividends
| Metric | SHOP | WDC |
|---|---|---|
| Dividend yield | N/A | 0.11% |
| Payout ratio | N/A | 9.42% |
Growth (annualized)
| Metric | SHOP | WDC |
|---|---|---|
| Revenue CAGR (5Y) | 29.11% | -6.28% |
| EPS CAGR (5Y) | 28.61% | 12.92% |
| FCF CAGR (5Y) | 28.17% | 78.08% |
| Total return CAGR (5Y) | -3.27% | 57.54% |
Frequently asked
- Which has the lower trailing P/E, SHOP or WDC?
- WDC has the lower trailing P/E: SHOP trades at 127.73 and WDC at 27.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, SHOP or WDC?
- Over the past five years, SHOP grew revenue faster — SHOP at a 29.11% CAGR versus WDC at -6.28%.
- Does SHOP or WDC pay a bigger dividend?
- WDC pays a dividend (0.11% yield), while SHOP has no payments in the available dividend history.
- Is SHOP or WDC more profitable?
- WDC runs the higher net margin — SHOP at 10.77% versus WDC at 55.07%.
- How have SHOP and WDC total returns compared?
- Over the past 10 years, SHOP delivered 43.89% and WDC delivered 29.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Shopify P/E ratioWestern Digital P/E ratioShopify dividend yieldWestern Digital dividend yieldShopify ROEWestern Digital ROEShopify operating marginWestern Digital operating marginShopify revenue growthWestern Digital revenue growthShopify free cash flowWestern Digital free cash flow
Shopify & 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 July 29, 2026.