Shopify Inc. (SHOP) vs Western Digital Corporation (WDC)

WDC leads on 10 of 16 compared metrics.

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 June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — SHOP vs WDC

growth of $100 · last 11y
SHOP +6267.1%WDC +685.5%SHOP compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020172019202120232025$6,367$786
SHOP WDC

SHOP vs WDC: by the numbers

  • WDC is the larger company ($194.03B vs $140.46B market cap).
  • WDC trades at the lower earnings multiple (32.96 vs 106.12 P/E).
  • 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 (0.09% yield) while SHOP does not currently pay one.

Which is better, SHOP or WDC?

Metric tally: SHOP 6 · WDC 10

It depends on what you're optimizing for:

ValueWDC(lower P/E)
GrowthSHOP(faster 5Y revenue CAGR)
QualityWDC(higher ROIC)

Valuation

MetricSHOPWDC
P/E ratio106.1232.96
Forward P/E46.8631.96
P/S ratio11.4117.97
P/B ratio11.2521.87
PEG ratio3.712.55
EV / EBITDA240.7628.04
FCF yield1.51%1.37%

Profitability

MetricSHOPWDC
Gross margin47.97%45.43%
Operating margin13.32%30.78%
Net margin10.77%55.07%
ROE10.62%67.00%
ROIC8.67%21.53%

Dividends

MetricSHOPWDC
Dividend yield0.09%
Payout ratio9.42%

Growth (annualized)

MetricSHOPWDC
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)-2.79%58.48%

Frequently asked

Which is better, SHOP or WDC?
It depends on your goal. value: WDC (lower P/E); growth: SHOP (faster 5Y revenue CAGR); quality: WDC (higher ROIC). Across all compared metrics, WDC leads 10 to 6.
Is SHOP or WDC cheaper?
On trailing earnings, WDC is cheaper: SHOP trades at a 106.12 P/E and WDC at 32.96.
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 (0.09% yield) while SHOP does not currently pay one.
Is SHOP or WDC more profitable?
WDC runs the higher net margin — SHOP at 10.77% versus WDC at 55.07%.
Which has been the better investment, SHOP or WDC?
Over the past 10-year, SHOP delivered the higher annualized total return — SHOP at 43.95% versus WDC at 33.71%. 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 June 14, 2026.