Western Digital Corporation (WDC) — Tangible Net Worth Ratio

Latest as of June 2026: 99.1%

Western Digital Corporation (WDC) has a Tangible Net Worth Ratio of 99.1% as of June 2026. This metric is calculated by deducting intangible assets ($77.00 Million) from net assets ($8.86 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Western Digital Corporation to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

99.1%
Tangible equity / total equity

Net Assets (Equity)

$8.86 Billion
USD

Intangible Assets

$77.00 Million
Goodwill, patents, brand value

Total Assets

$13.86 Billion
USD

Western Digital Corporation Tangible Net Worth Ratio (1986–2026)

This chart shows how Western Digital Corporation's Tangible Net Worth Ratio has changed across 39 annual periods from 1986 to 2026. As of June 2026, the ratio stands at 99.1%, reflecting net assets of $8.86 Billion with intangible assets of $77.00 Million USD. For live market cap and overall valuation, see WDC company net worth.

Annual Tangible Net Worth Ratio for Western Digital Corporation (1986–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Western Digital Corporation from 1986 to 2026, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Western Digital Corporation capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2026 99.1% $8.86 Billion $77.00 Million $13.86 Billion ▲ +0.5 pp
2025 98.6% $5.31 Billion $72.00 Million $14.00 Billion ▼ -0.7 pp
2024 99.3% $10.82 Billion $72.00 Million $24.19 Billion ▲ +0.1 pp
2023 99.3% $10.96 Billion $80.00 Million $24.55 Billion ▲ +1.0 pp
2022 98.3% $12.22 Billion $213.00 Million $26.26 Billion ▲ +2.4 pp
2021 95.9% $10.72 Billion $442.00 Million $26.13 Billion ▲ +5.7 pp
2020 90.1% $9.55 Billion $941.00 Million $25.66 Billion ▲ +7.3 pp
2019 82.8% $9.97 Billion $1.71 Billion $26.37 Billion ▲ +6.1 pp
2018 76.8% $11.53 Billion $2.68 Billion $29.23 Billion ▲ +10.2 pp
2017 66.5% $11.42 Billion $3.82 Billion $29.86 Billion ▲ +11.7 pp
2016 54.8% $11.14 Billion $5.03 Billion $32.86 Billion ▼ -41.6 pp
2015 96.4% $9.23 Billion $332.00 Million $15.18 Billion ▲ +1.5 pp
2014 94.9% $8.84 Billion $454.00 Million $15.50 Billion ▲ +2.5 pp
2013 92.3% $7.89 Billion $605.00 Million $14.04 Billion ▲ +2.8 pp
2012 89.6% $7.67 Billion $799.00 Million $14.21 Billion ▼ -9.1 pp
2011 98.7% $5.49 Billion $71.00 Million $8.12 Billion ▲ +0.6 pp
2010 98.1% $4.71 Billion $88.00 Million $7.33 Billion ▲ +0.9 pp
2009 97.2% $3.19 Billion $89.00 Million $5.29 Billion ▲ +0.2 pp
2008 97.0% $2.70 Billion $81.00 Million $4.88 Billion ▼ -2.8 pp
2007 99.8% $1.72 Billion $4.00 Million $2.90 Billion ▲ +2.6 pp
2006 97.2% $1.14 Billion $32.50 Million $2.07 Billion ▼ -1.1 pp
2005 98.2% $700.30 Million $12.40 Million $1.59 Billion ▲ +3.8 pp
2004 94.4% $487.60 Million $27.20 Million $1.16 Billion ▼ -5.6 pp
2003 100.0% $327.40 Million $0.00 $866.20 Million ▲ +0.0 pp
2002 100.0% $102.86 Million $0.00 $636.68 Million ▲ +0.0 pp
2001 100.0% $16.19 Million $0.00 $507.65 Million ▲ +13.7 pp
1998 86.3% $317.80 Million $43.60 Million $1.44 Billion ▼ -7.1 pp
1997 93.3% $620.00 Million $41.30 Million $1.31 Billion ▲ +2.5 pp
1996 90.8% $453.90 Million $41.60 Million $984.10 Million ▼ -0.7 pp
1995 91.5% $473.40 Million $40.10 Million $858.80 Million ▲ +1.8 pp
1994 89.7% $288.20 Million $29.60 Million $640.50 Million ▲ +13.9 pp
1993 75.8% $131.00 Million $31.70 Million $531.20 Million ▲ +0.5 pp
1992 75.3% $112.30 Million $27.70 Million $532.50 Million ▼ -3.8 pp
1991 79.1% $185.10 Million $38.70 Million $620.40 Million ▼ -7.3 pp
1990 86.4% $322.00 Million $43.80 Million $637.60 Million ▲ +0.2 pp
1989 86.2% $302.10 Million $41.70 Million $588.90 Million ▼ -13.8 pp
1988 100.0% $255.00 Million $0.00 $550.70 Million ▲ +0.0 pp
1987 100.0% $201.90 Million $0.00 $307.80 Million ▲ +0.0 pp
1986 100.0% $94.20 Million $0.00 $207.50 Million
pp = percentage points