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Western Digital Corporation (WDC) Return on Invested Capital (ROIC): 21.53%

Is Western Digital Corporation’s return on invested capital (ROIC) high or low?

Western Digital Corporation's return on invested capital (ROIC) of 21.53% is 310% above its 5-year average of 5.25%, near the high end of its 5-year range (-2.69%–21.53%).

As of Thursday, June 11, 2026. 120.82% above its 12-month average of 9.75%.

WDC Return on Invested Capital (ROIC) Chart

WDC Return on Invested Capital (ROIC)
21.53%+1160.59% 1Y
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WDC Average Return on Invested Capital (ROIC) Chart

WDC Current vs Average Return on Invested Capital (ROIC) Chart

WDC Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

21.53%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

9.75%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

6.22%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

5.25%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

4.93%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

8.20%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

11.78%

CURRENT VS TTM AVG

+120.82%

CURRENT VS 3Y AVG

+246.00%

CURRENT VS 5Y AVG

+310.49%

CURRENT VS 10Y AVG

+337.12%

CURRENT VS 15Y AVG

+162.48%

CURRENT VS 20Y AVG

+82.69%

WDC Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Western Digital Corporation (WDC)$168.93B21.53%9.75%6.22%5.25%
CrowdStrike Holdings, Inc. (CRWD)$174.56B-4.24%-1.77%-2.52%-3.57%
Seagate Technology Holdings plc (STX)$182.97B34.14%20.39%16.53%18.43%
Amphenol Corporation (APH)$183.21B15.12%15.01%15.20%14.59%
Palo Alto Networks, Inc. (PANW)$185.38B5.67%5.41%2.94%0.73%
Arista Networks, Inc. (ANET)$191.09B22.64%22.69%23.35%21.10%
Analog Devices, Inc. (ADI)$195.95B5.42%4.73%5.66%5.29%
Uber Technologies, Inc. (UBER)$138.87B11.21%9.00%3.46%-1.70%
Shopify Inc. (SHOP)$138.79B8.67%8.11%-0.35%0.30%
Salesforce, Inc. (CRM)$134.52B8.76%8.36%5.69%4.06%

Capital Efficiency

ROIC

21.5%

ROE

67.0%

Western Digital Corporation Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Western Digital Corporation Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The return on invested capital (ROIC) for WDC stock is 21.53%.
Is Western Digital Corporation's return on invested capital (ROIC) high or low?
Western Digital Corporation's return on invested capital (ROIC) of 21.53% is 310% above its 5-year average of 5.25%, near the high end of its 5-year range (-2.69%–21.53%).
What is the TTM average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The TTM average return on invested capital (ROIC) for WDC stock is 9.75%.
What is the 3Y average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The 3Y average return on invested capital (ROIC) for WDC stock is 6.22%.
What is the 5Y average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The 5Y average return on invested capital (ROIC) for WDC stock is 5.25%.
What is the 10Y average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The 10Y average return on invested capital (ROIC) for WDC stock is 4.93%.
What is the 15Y average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The 15Y average return on invested capital (ROIC) for WDC stock is 8.20%.
What is the 20Y average return on invested capital (ROIC) for Western Digital Corporation (WDC)?
The 20Y average return on invested capital (ROIC) for WDC stock is 11.78%.

Western Digital Corporation Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-06-2721.53%
2024-06-28-2.03%
2023-06-30-2.69%
2022-07-018.08%
2021-07-025.02%
2020-07-031.56%
2019-06-300.38%
2018-06-304.69%
2017-06-303.92%
2016-06-301.59%
2015-06-3012.13%
2014-06-3014.03%
2013-06-309.86%
2012-06-3015.62%
2011-06-3011.93%
2010-06-3025.62%
2009-06-3012.65%
2008-06-3026.64%
2007-06-3023.28%
2006-06-3029.54%
2005-06-3024.13%
2004-06-3025.45%
2003-06-3049.74%
2002-06-3022.01%
2001-06-30-12.84%
2000-06-30-196.63%
1999-06-300.00%
1998-06-30-34.42%
1997-06-3039.24%
1996-06-3014.79%

About Western Digital Corporation

Western Digital Corporation designs, manufactures, and markets a broad range of data storage devices and software solutions across the United States, China, Hong Kong, Europe, the Middle East, Africa, and the rest of Asia, serving an international market. The company's product lineup includes client devices such as hard disk drives (HDDs) and solid-state drives (SSDs) for computing platforms like desktops, notebooks, smart video systems, gaming consoles, and set-top boxes. They also provide flash-based embedded storage solutions for mobile phones, tablets, laptops, and various portable and wearable technologies, extending into automotive, Internet of Things (IoT), industrial, and connected home applications. Additionally, Western Digital produces flash-based memory wafers. For data centers, their offerings comprise enterprise helium hard drives and sophisticated flash-based SSDs, often bundled with software tailored for enterprise servers, online transaction processing, data analysis, and other business applications. This segment also includes comprehensive data storage systems, tiered storage models, and various data storage platforms. Consumer-oriented client solutions consist of external HDDs in both mobile and desktop configurations, portable SSDs, and removable memory cards compatible with mobile phones, tablets, imaging systems, cameras, and smart video systems. Furthermore, they offer universal serial bus (USB) flash drives for computing and general consumer markets, alongside wireless drive products designed for on-the-go content backup and high-definition streaming of media and documents to tablets, smartphones, and PCs. Western Digital sells its diverse portfolio through original equipment manufacturers (OEMs), distributors, dealers, resellers, and retailers, utilizing its prominent G-Technology, SanDisk, and WD brands. Founded in 1970, the corporation is headquartered in San Jose, California.

San Jose, CA
40,000 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
Tiang Yew Tan