What is the ROE (Return on Equity) of Western Digital this year?
The ROE of Western Digital this year is -0.08 undefined.
In 2024, Western Digital's return on equity (ROE) was -0.08, a -160.97% increase from the 0.13 ROE in the previous year.
Western Digital's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Analyzing Western Digital's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Western Digital's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Changes in Western Digital’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
The ROE of Western Digital this year is -0.08 undefined.
The ROE of Western Digital has increased by -160.97% decreased compared to the previous year.
A high ROE indicates that Western Digital generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
A low ROE can indicate that Western Digital is having difficulties monetizing its investments successfully and can be a negative signal for investors.
A change in ROE (Return on Equity) of Western Digital can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Some factors that can influence Western Digital's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
Over the past 12 months, Western Digital paid a dividend of 1 USD . This corresponds to a dividend yield of about 1.62 %. For the coming 12 months, Western Digital is expected to pay a dividend of 9.62 USD.
The current dividend yield of Western Digital is 1.62 %.
Western Digital pays a quarterly dividend. This is distributed in the months of July, November, February, May.
Western Digital paid dividends every year for the past 5 years.
For the upcoming 12 months, dividends amounting to 9.62 USD are expected. This corresponds to a dividend yield of 15.59 %.
Western Digital is assigned to the 'Information technology' sector.
To receive the latest dividend of Western Digital from 4/17/2020 amounting to 0.5 USD, you needed to have the stock in your portfolio before the ex-date on 4/2/2020.
The last dividend was paid out on 4/17/2020.
In the year 2023, Western Digital distributed 0 USD as dividends.
The dividends of Western Digital are distributed in USD.
The Western Digital stock can be added to a savings plan with the following providers: Trade Republic and Consorsbank
Our stock analysis for Western Digital Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Western Digital Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.