Western Digital [WDC] vs NetApp [NTAP] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Western Digital Corporation wins in 9 metrics, NetApp Inc. wins in 12 metrics, with 0 ties. NetApp Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Western Digital Corporation NetApp Inc. Better
P/E Ratio (TTM) 38.17 18.19 NetApp Inc.
Price-to-Book Ratio 19.27 18.54 NetApp Inc.
Debt-to-Equity Ratio 65.44 236.10 Western Digital Corporation
PEG Ratio 0.18 1.22 Western Digital Corporation
EV/EBITDA 41.01 12.06 NetApp Inc.
Profit Margin (TTM) 35.64% 18.07% Western Digital Corporation
Operating Margin (TTM) 31.92% 25.16% Western Digital Corporation
EBITDA Margin (TTM) 31.92% 25.16% Western Digital Corporation
Return on Equity 41.13% 112.59% NetApp Inc.
Return on Assets (TTM) 9.15% 10.27% NetApp Inc.
Free Cash Flow (TTM) $1.28B $1.34B NetApp Inc.
Dividend Yield 0.15% 2.57% NetApp Inc.
1-Year Return 910.65% 60.82% Western Digital Corporation
Price-to-Sales Ratio (TTM) 12.84 3.20 NetApp Inc.
Enterprise Value $137.66B $21.11B Western Digital Corporation
EV/Revenue Ratio 12.83 3.15 NetApp Inc.
Gross Profit Margin (TTM) 45.74% 70.58% NetApp Inc.
Revenue per Share (TTM) $31 $34 NetApp Inc.
Earnings per Share (Diluted) $10.56 $5.96 Western Digital Corporation
Beta (Stock Volatility) 1.83 1.29 NetApp Inc.
Short % of Float 8.89% 11.08% Western Digital Corporation

Western Digital Corporation vs NetApp Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Western Digital Corporation16.09%24.03%35.58%128.34%279.87%248.18%
NetApp Inc.0.13%-4.99%34.93%58.27%41.81%51.99%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Western Digital Corporation910.65%1,740.24%972.04%1,498.32%2,125.02%4,104.11%
NetApp Inc.60.82%117.31%106.77%550.08%227.48%368.03%

Performance & Financial Health Analysis: Western Digital Corporation vs NetApp Inc.

MetricWDCNTAP
Market Information
Market Cap i$138.13B$21.47B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i6,208,8582,143,651
90 Day Avg. Volume i8,068,8932,270,867
Last Close$653.53$161.82
52 Week Range$56.27 - $658.80$93.69 - $192.83
% from 52W High-0.80%-16.08%
All-Time High$658.80 (Jun 15, 2026)$192.83 (May 29, 2026)
% from All-Time High-0.80%-16.08%
Growth Metrics
Quarterly Revenue Growth0.25%0.04%
Quarterly Earnings Growth2.10%0.12%
Financial Health
Profit Margin (TTM) i0.36%0.18%
Operating Margin (TTM) i0.32%0.25%
Return on Equity (TTM) i0.41%1.13%
Debt to Equity (MRQ) i65.44236.10
Cash & Liquidity
Book Value per Share (MRQ)$20.92$5.85
Cash per Share (MRQ)$11.93$15.28
Operating Cash Flow (TTM) i$2.67B$1.79B
Levered Free Cash Flow (TTM) i$3.90B$1.12B
Dividends
Last 12-Month Dividend Yield i0.15%2.57%
Last 12-Month Dividend i$0.44$2.60

Valuation & Enterprise Metrics Analysis: Western Digital Corporation vs NetApp Inc.

MetricWDC (Apr 26, 2026)NTAP (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i38.1718.19
Forward P/E i28.4412.71
PEG Ratio i0.181.22
Price to Sales (TTM) i12.843.20
Price to Book (MRQ) i19.2718.54
Market Capitalization
Market Capitalization i$138.13B$21.47B
Enterprise Value i$137.66B$21.11B
Enterprise Value Metrics
Enterprise to Revenue i12.833.15
Enterprise to EBITDA i41.0112.06
Risk & Other Metrics
Beta i1.831.29
Book Value per Share (MRQ) i$20.92$5.85

Financial Statements Comparison: Western Digital Corporation vs NetApp Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricWDC (2025)NTAP (2025)
Revenue/Sales i9.52B6.57B
Cost of Goods Sold i5.83B1.96B
COGS % of Revenue i61.2%29.8%
Gross Profit i3.69B4.61B
Gross Margin i38.8%70.2%
Research & Development i994.00M1.01B
Operating Income (EBIT) i2.13B1.43B
Operating Margin i22.4%21.7%
EBITDA i2.61B1.78B
EBITDA Margin i27.4%27.1%
Pre-Tax Income i1.13B1.38B
Pre-Tax Income % of Revenue i11.9%21.0%
Income Tax i-513.00M197.00M
Income Tax % of Revenue i-5.4%3.0%
Net Income (Profit) i1.89B1.19B
Profit Margin i19.8%18.0%

Balance Sheet & Liquidity Metrics

MetricWDC (2025)NTAP (2025)
Cash & Equivalents i2.11B2.74B
Total Current Assets i5.86B5.85B
Total Current Assets % of Revenue i61.5%89.0%
Total Current Liabilities i5.42B4.66B
Total Current Liabilities % of Revenue i56.9%70.9%
Long-Term Debt i2.49B2.70B
Long-Term Debt % of Revenue i26.1%41.1%
Total Shareholders Equity i5.54B1.04B
Retained Earnings i762.00M0
Retained Earnings % of Revenue i8.0%0.0%
Property, Plant & Equipment i0241.00M

Cash Flow Statement Comparison

MetricWDC (2025)NTAP (2025)
Operating Cash Flow i996.00M1.65B
Operating Cash Flow % of Revenue i10.5%25.1%
Capital Expenditures i-407.00M-168.00M
Free Cash Flow i1.28B1.34B
FCF Margin i13.4%20.4%
Debt Repayment i-2.09B-400.00M
Common Stock Repurchase i-149.00M-1.15B

Short Interest & Institutional Ownership Analysis

MetricWDCNTAP
Shares Short i26.65M18.92M
Short Ratio i3.218.41
Short % of Float i8.89%11.08%
Shares Outstanding i340.00M198.00M
Float Shares i336.72M196.09M
% Held by Insiders i0.54%0.52%
% Held by Institutions i103.30%102.91%
% Held by Public i-3.84%-3.43%

Dividend Analysis & Yield Comparison: Western Digital Corporation vs NetApp Inc.

MetricWDCNTAP
Last 12-Month Dividend i$0.44$2.60
Last 12-Month Dividend Yield i0.15%2.57%
3-Year Avg Annual Dividend i$0.15$2.22
3-Year Avg Dividend Yield i0.10%0.54%
3-Year Total Dividends i$0.44$6.66
Ex-Dividend DateMar 05, 2026Apr 02, 2026