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 September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnSHOP vs WDC

growth of $100 · dividends reinvested · last 10y
SHOP +2989.4% (+40.9%/yr)WDC +1262.7% (+29.8%/yr)SHOP compounded faster over this window
01k2k3k4kStart $10020182020202220242026$3,089$1,363
SHOP WDC

SHOP vs WDC: by the numbers

  • SHOP is the larger company ($167.12B vs $154.13B market cap).
  • WDC trades at the lower trailing earnings multiple (18.02 vs 86.44 P/E), one valuation lens rather than an overall verdict.
  • WDC converts more revenue to profit (72.95% vs 14.53% net margin).
  • SHOP grew revenue faster over the past five years (28.06% vs -5.25% CAGR).
  • WDC pays a dividend (0.10% yield), while SHOP has no payments in the available dividend history.

Metrics side by side

Valuation

MetricSHOPWDC
P/E ratio86.4418.02
Forward P/E66.7422.00
P/S ratio12.6011.93
P/B ratio13.1817.39
EV / EBITDA88.4431.46
FCF yield1.41%2.09%

Profitability

MetricSHOPWDC
Gross margin47.77%48.85%
Operating margin13.90%34.89%
Net margin14.53%72.95%
ROE15.20%106.32%
ROIC11.67%40.19%

Dividends

MetricSHOPWDC
Dividend yieldN/A0.10%
Payout ratioN/A2.01%

Growth (annualized)

MetricSHOPWDC
Revenue CAGR (5Y)28.06%-5.25%
EPS CAGR (5Y)28.61%58.48%
FCF CAGR (5Y)35.93%29.14%
Total return CAGR (5Y)-3.36%61.31%

Frequently asked

Which has the lower trailing P/E, SHOP or WDC?
WDC has the lower trailing P/E: SHOP trades at 86.44 and WDC at 18.02. 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 28.06% CAGR versus WDC at -5.25%.
Does SHOP or WDC pay a bigger dividend?
WDC pays a dividend (0.10% 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 14.53% versus WDC at 72.95%.
How have SHOP and WDC total returns compared?
Over the past 10 years, SHOP delivered 40.93% and WDC delivered 30.28% annualized total return. Past performance doesn't predict future results.

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 10, 2026.