Logitech vs Western Digital
Western Digital reported revenue of $12.9 billion in fiscal 2026, 2.7 times Logitech's $4.8 billion in fiscal 2026. Logitech's revenue grew 6.3% in its latest year, and Western Digital's grew 35.7%. Logitech had an operating margin of 16.0%, against 34.5% at Western Digital. Free cash flow was $976 million at Logitech and $3.5 billion at Western Digital. Their fiscal years end in different months (March 31 and July 3), so the periods don't line up exactly.
Side by side
| Logitech | Western Digital | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 31, 2026 | FY2026, Jul 3, 2026 |
| Revenue | $4.8B | $12.9B |
| Revenue growth | 6.3% | 35.7% |
| Revenue growth a year, last 5 years | −1.6% | −5.3% |
| Gross margin | 43.2% | 48.9% |
| Operating margin | 16.0% | 34.5% |
| Net margin | 14.7% | 73.0% |
| Free cash flow | $976M | $3.5B |
| Free cash flow margin | 20.1% | 27.2% |
| Return on capital | 121.9% | 52.2% |
| Net debt to EBITDA | −2.0x | −0.1x |
| Dividends and buybacks | $768M | $2.8B |
| Change in diluted share count | −3.0% | 6.7% |
| Last close | $109.89 | $356.13 |
| P/E at the last close | 20.2× | 13.8× |
| Insider trades, last 12 months | sold $2.4 million | sold $75.3 million |
| Piotroski F-score | 7 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
LogitechWestern Digital
Operating margin
Percent of revenue
LogitechWestern Digital
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
LogitechWestern Digital
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Logitech and Western Digital pages.