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Held by 1,354 of 5,944 reporting institutions (99th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $423.87 today, the market must believe free cash flow compounds 32.2%/yr for a decade (off $1.3B normalized FCF).
The market's 32.2% is more optimistic than its 9-yr track record.
2-stage DCF · 0.35B shares · net debt $2.6B
mean 4.6% · volatility σ 181% · implied rate exceeded in 2/7 yrs
Central path = implied 32.2%/yr growth; shaded band = ±1σ (181%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $44M dividends + $149M buybacks = $193M returned on $1.3B FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Modest payoff on reinvested capital. Current ROIC on all capital: 19%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $2.1B covers the $276M due within a year 7.7× over. Scheduled principal only (excludes interest & revolver draws). As of 2019-06-28 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~7.6% on $4.7B of debt.
Cash of $2.1B is below short-term debt of $2.2B — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2021 | FY2022 | FY2023 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 62.7 | 77.4 | 77.4 | 73.3 | 68.7 | 77.8 | 71.9 | 61.2 |
| Gross Profit | 37.3 | 22.6 | 22.6 | 26.7 | 31.3 | 22.2 | 28.1 | 38.8 |
| SG&A | 7.1 | 7.9 | 6.9 | 6.5 | 5.9 | 12.9 | 11.5 | 6.0 |
| Operating Income | 17.5 | 0.5 | 2.0 | 7.2 | 12.7 | -8.8 | -6.4 | 24.5 |
| Income Tax | 6.8 | 2.8 | 1.2 | 0.6 | 3.3 | 0.8 | 0.4 | -5.4 |
| Net Income | 3.3 | -4.6 | -1.5 | 4.9 | 8.2 | -26.9 | -12.6 | 19.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on WDC: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.52B 100.0% | $6.32B 100.0% | $6.25B 100.0% | $18.79B 100.0% | $16.92B 100.0% | $16.74B 100.0% | $16.57B 100.0% | $20.65B 100.0% | $19.09B 100.0% | $12.99B 100.0% |
| Cost of Revenue | $5.83B 61.2% | $4.54B 71.9% | $4.86B 77.8% | $12.92B 68.7% | $12.40B 73.3% | $12.96B 77.4% | $12.82B 77.4% | $12.94B 62.7% | $13.02B 68.2% | $9.56B 73.6% |
| Cost of Products | — | — | — | — | — | — | — | $12.94B 62.7% | $13.02B 68.2% | $9.56B 73.6% |
| Gross Profit | $3.69B 38.8% | $1.77B 28.1% | $1.39B 22.2% | $5.87B 31.3% | $4.52B 26.7% | $3.78B 22.6% | $3.75B 22.6% | $7.71B 37.3% | $6.07B 31.8% | $3.44B 26.4% |
| Selling, General & Admin | $568.0M 6.0% | $726.0M 11.5% | $807.0M 12.9% | $1.12B 5.9% | $1.10B 6.5% | $1.15B 6.9% | $1.32B 7.9% | $1.47B 7.1% | $1.45B 7.6% | $997.0M 7.7% |
| Total Operating Expenses | $1.36B 14.3% | $2.18B 34.4% | $1.94B 31.0% | $3.48B 18.5% | $3.30B 19.5% | $3.45B 20.6% | $3.67B 22.1% | $4.09B 19.8% | $4.12B 21.6% | $2.97B 22.8% |
| Operating Income | $2.33B 24.5% | -$403.0M -6.4% | -$548.0M -8.8% | $2.39B 12.7% | $1.22B 7.2% | $335.0M 2.0% | $87.0M 0.5% | $3.62B 17.5% | $1.95B 10.2% | $466.0M 3.6% |
| Interest Expense | $357.0M 3.8% | $414.0M 6.6% | $312.0M 5.0% | $304.0M 1.6% | $326.0M 1.9% | $413.0M 2.5% | $469.0M 2.8% | $676.0M 3.3% | $847.0M 4.4% | $266.0M 2.0% |
| Interest & Investment Income | $45.0M 0.5% | $33.0M 0.5% | $19.0M 0.3% | $6.0M 0.0% | $7.0M 0.0% | $28.0M 0.2% | $57.0M 0.3% | $60.0M 0.3% | $26.0M 0.1% | $26.0M 0.2% |
| Other Income (Expense), net | -$1.20B -12.6% | -$336.0M -5.3% | -$301.0M -4.8% | -$220.0M -1.2% | -$293.0M -1.7% | -$381.0M -2.3% | -$374.0M -2.3% | -$1.53B -7.4% | -$1.19B -6.2% | -$313.0M -2.4% |
| Pretax Income | $1.13B 11.9% | -$739.0M -11.7% | -$849.0M -13.6% | $2.17B 11.6% | $927.0M 5.5% | -$46.0M -0.3% | -$287.0M -1.7% | $2.08B 10.1% | $769.0M 4.0% | $153.0M 1.2% |
| Income Tax Expense | -$513.0M -5.4% | $26.0M 0.4% | $53.0M 0.8% | $625.0M 3.3% | $106.0M 0.6% | $204.0M 1.2% | $467.0M 2.8% | $1.41B 6.8% | $372.0M 1.9% | -$89.0M -0.7% |
| Net Income | $1.89B 19.8% | -$798.0M -12.6% | -$1.68B -26.9% | $1.55B 8.2% | $821.0M 4.9% | -$250.0M -1.5% | -$754.0M -4.6% | $675.0M 3.3% | $397.0M 2.1% | $242.0M 1.9% |
| Per Share | ||||||||||
| EPS (Basic) | $5.31 | $-2.61 | $-5.37 | $4.96 | $2.69 | $-0.84 | $-2.58 | $2.27 | $1.38 | $1.01 |
| EPS (Diluted) | $5.12 | $-2.61 | $-5.37 | $4.89 | $2.66 | $-0.84 | $-2.58 | $2.20 | $1.34 | $1.00 |
| Weighted Avg Shares (Basic) | 347.0M | 326.0M | 318.0M | 312.0M | 305.0M | 298.0M | 292.0M | 297.0M | 288.0M | 239.0M |
| Weighted Avg Shares (Diluted) | 359.0M | 326.0M | 318.0M | 316.0M | 309.0M | 298.0M | 292.0M | 307.0M | 296.0M | 242.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 743 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | $10.83T | — | — | — | — | — | — | — | — | — | 3,121 |
| NVDA | $5.20T | 43.6× | 39.0× | 24.1× | 65.5% | 71.1% | 55.6% | 76.3% | 72.4% | 0.1× | 5,582 |
| AAPL | $4.91T | 44.6× | 34.3× | 11.8× | 6.4% | 46.9% | 26.9% | 152% | 68.1% | 0.6× | 5,858 |
| MSFT | $3.64T | 27.3× | 19.3× | 11.0× | 17.8% | 67.9% | 40.3% | 30.2% | 27.7% | 0.2× | 5,944 |
| AVGO | $1.61T | 71.2× | 63.6× | 25.2× | 23.9% | 67.8% | 36.2% | 28.4% | 15.8% | 2.5× | 4,442 |
| MU | $1.04T | 122.1× | 57.5× | 27.8× | 48.9% | 39.8% | 22.8% | 15.8% | 12.9% | 0.7× | 2,894 |
| AMD | $835.4B | 193.4× | 197.6× | 24.1× | 34.3% | 49.5% | 12.5% | 6.9% | 6.5% | 0.8× | 3,059 |
| INTC | $504.6B | — | 62.9× | 9.6× | -0.5% | 34.8% | -0.5% | -0.2% | -0.2% | 5.5× | 2,495 |
| CSCO | $426.7B | 42.3× | 35.8× | 7.5× | 5.3% | 64.9% | 18.0% | 21.7% | 13.6% | 2.3× | 3,560 |
| PLTR | $416.9B | 276.7× | 288.5× | 93.2× | 56.2% | 82.4% | 36.3% | 22.0% | 22.0% | — | 2,883 |
| DELL | $367.3B | 64.9× | 34.6× | 3.2× | 18.8% | 20.0% | 5.2% | -240% | 20.4% | 2.8× | 1,564 |
| LRCX | $341.6B | 64.9× | 54.5× | 18.5× | 23.7% | 48.7% | 29.1% | 54.3% | 37.4% | 0.7× | 2,500 |
| AMAT | $329.4B | 48.0× | 37.9× | 11.6× | 4.4% | 48.7% | 24.7% | 34.3% | 25.9% | 0.8× | 2,826 |
| RPAY | $325.1B | — | — | 1051.3× | -1.2% | 75.0% | -83.0% | -53.0% | -28.2% | -1.7× | 142 |
| UMC | $283.0B | — | — | — | — | — | — | — | — | — | 302 |
| SAP | $261.9B | — | — | — | — | — | — | — | — | — | 794 |
| ARM | $259.6B | 287.0× | 223.6× | 52.8× | 22.8% | 97.5% | 18.4% | 10.9% | 10.9% | — | 730 |
| PANW | $250.9B | 234.8× | 156.8× | 27.2× | 14.9% | 73.4% | 12.3% | 14.5% | 14.5% | — | 2,374 |
| ANET | $248.2B | 71.8× | 62.7× | 27.6× | 28.6% | 64.1% | 39.0% | 28.4% | 28.4% | — | 1,930 |
| TXN | $236.9B | 47.8× | 31.2× | 13.4× | 13.0% | 57.0% | 28.3% | 30.7% | 16.5% | 1.8× | 2,345 |
| CRM | $232.8B | 32.1× | 25.2× | 5.6× | 9.6% | 77.7% | 18.0% | 12.6% | 10.1% | 1.5× | 2,547 |
| IBM | $222.5B | 21.3× | — | 3.3× | 7.6% | 58.2% | 15.7% | 32.4% | 11.3% | — | 3,351 |
| SNDK | $221.9B | — | — | 30.2× | 10.4% | 30.1% | -22.3% | -17.8% | -14.8% | -1.5× | 1,127 |
| QCOM | $198.5B | 36.9× | 14.9× | 4.5× | 13.7% | 55.4% | 12.5% | 26.1% | 15.4% | 1.1× | 2,611 |
| MRVL | $194.6B | 74.8× | 127.2× | 23.8× | 42.1% | 51.0% | 32.6% | 18.7% | 14.2% | 2.9× | 1,477 |
| WDC | $144.7B | 81.4× | 55.2× | 15.2× | 50.7% | 38.8% | 19.8% | 35.6% | 18.8% | 1.8× | 1,354 |
Peers = companies sharing WDC's sector (Technology) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.