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Side-by-side financial comparison of Coterra (CTRA) and Western Digital (WDC). Click either name above to swap in a different company.

Western Digital is the larger business by last-quarter revenue ($3.3B vs $1.8B, roughly 1.9× Coterra). Western Digital runs the higher net margin — 96.0% vs 20.6%, a 75.5% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (45.5% vs 23.8%). Over the past eight quarters, Coterra's revenue compounded faster (11.8% CAGR vs -9.7%).

Coterra Energy Inc. is an American energy company engaged in hydrocarbon exploration based in Houston, Texas. The company has operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin.

Western Digital Corporation, doing business as WD, is an American data storage company headquartered in San Jose, California. Established in 1970, the company is one of the world's largest manufacturers of hard disk drives (HDDs).

CTRA vs WDC — Head-to-Head

Bigger by revenue
WDC
WDC
1.9× larger
WDC
$3.3B
$1.8B
CTRA
Growing faster (revenue YoY)
WDC
WDC
+21.7% gap
WDC
45.5%
23.8%
CTRA
Higher net margin
WDC
WDC
75.5% more per $
WDC
96.0%
20.6%
CTRA
Faster 2-yr revenue CAGR
CTRA
CTRA
Annualised
CTRA
11.8%
-9.7%
WDC

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
CTRA
CTRA
WDC
WDC
Revenue
$1.8B
$3.3B
Net Profit
$368.0M
$3.2B
Gross Margin
50.2%
Operating Margin
31.9%
35.7%
Net Margin
20.6%
96.0%
Revenue YoY
23.8%
45.5%
Net Profit YoY
23.9%
516.3%
EPS (diluted)
$0.47
$8.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTRA
CTRA
WDC
WDC
Q3 26
$3.3B
Q2 26
$3.0B
Q1 26
$3.0B
Q4 25
$1.8B
$2.8B
Q3 25
$1.8B
Q2 25
$1.7B
$-1.2B
Q1 25
$2.0B
$2.3B
Q4 24
$1.4B
$4.3B
Net Profit
CTRA
CTRA
WDC
WDC
Q3 26
$3.2B
Q2 26
$1.8B
Q1 26
$1.8B
Q4 25
$368.0M
$1.2B
Q3 25
$322.0M
Q2 25
$511.0M
$282.0M
Q1 25
$516.0M
$520.0M
Q4 24
$297.0M
$594.0M
Gross Margin
CTRA
CTRA
WDC
WDC
Q3 26
50.2%
Q2 26
45.7%
Q1 26
45.7%
Q4 25
43.5%
Q3 25
Q2 25
Q1 25
39.8%
Q4 24
35.4%
Operating Margin
CTRA
CTRA
WDC
WDC
Q3 26
35.7%
Q2 26
30.1%
Q1 26
30.1%
Q4 25
31.9%
28.1%
Q3 25
26.8%
Q2 25
40.9%
Q1 25
34.8%
33.1%
Q4 24
22.5%
19.9%
Net Margin
CTRA
CTRA
WDC
WDC
Q3 26
96.0%
Q2 26
61.1%
Q1 26
61.1%
Q4 25
20.6%
41.9%
Q3 25
18.3%
Q2 25
29.5%
-24.4%
Q1 25
25.6%
22.7%
Q4 24
20.5%
13.9%
EPS (diluted)
CTRA
CTRA
WDC
WDC
Q3 26
$8.20
Q2 26
$4.73
Q1 26
$4.73
Q4 25
$0.47
$3.07
Q3 25
$0.42
Q2 25
$0.67
$0.72
Q1 25
$0.68
$1.42
Q4 24
$0.40
$1.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTRA
CTRA
WDC
WDC
Cash + ST InvestmentsLiquidity on hand
$114.0M
$2.0B
Total DebtLower is stronger
$3.8B
$1.6B
Stockholders' EquityBook value
$14.8B
$9.7B
Total Assets
$24.2B
$15.0B
Debt / EquityLower = less leverage
0.26×
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTRA
CTRA
WDC
WDC
Q3 26
$2.0B
Q2 26
$2.0B
Q1 26
$2.0B
Q4 25
$114.0M
$2.0B
Q3 25
$98.0M
Q2 25
$192.0M
$2.1B
Q1 25
$186.0M
$3.5B
Q4 24
$2.0B
$2.3B
Total Debt
CTRA
CTRA
WDC
WDC
Q3 26
$1.6B
Q2 26
$4.7B
Q1 26
$4.7B
Q4 25
$3.8B
$4.7B
Q3 25
$3.9B
Q2 25
$4.2B
$4.7B
Q1 25
$4.3B
$7.3B
Q4 24
$3.5B
$7.4B
Stockholders' Equity
CTRA
CTRA
WDC
WDC
Q3 26
$9.7B
Q2 26
$7.1B
Q1 26
$7.1B
Q4 25
$14.8B
$5.9B
Q3 25
$14.7B
Q2 25
$14.6B
$5.3B
Q1 25
$14.2B
$5.2B
Q4 24
$13.1B
$12.1B
Total Assets
CTRA
CTRA
WDC
WDC
Q3 26
$15.0B
Q2 26
$15.6B
Q1 26
$15.6B
Q4 25
$24.2B
$14.4B
Q3 25
$24.0B
Q2 25
$24.0B
$14.0B
Q1 25
$24.0B
$16.4B
Q4 24
$21.6B
$25.5B
Debt / Equity
CTRA
CTRA
WDC
WDC
Q3 26
0.16×
Q2 26
0.65×
Q1 26
0.65×
Q4 25
0.26×
0.80×
Q3 25
0.27×
Q2 25
0.29×
0.89×
Q1 25
0.30×
1.42×
Q4 24
0.27×
0.61×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTRA
CTRA
WDC
WDC
Operating Cash FlowLast quarter
$970.0M
$1.1B
Free Cash FlowOCF − Capex
$978.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.64×
0.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTRA
CTRA
WDC
WDC
Q3 26
$1.1B
Q2 26
$745.0M
Q1 26
Q4 25
$970.0M
$672.0M
Q3 25
$971.0M
Q2 25
$936.0M
$746.0M
Q1 25
$1.1B
$508.0M
Q4 24
$626.0M
$403.0M
Free Cash Flow
CTRA
CTRA
WDC
WDC
Q3 26
$978.0M
Q2 26
$653.0M
Q1 26
Q4 25
$599.0M
Q3 25
Q2 25
$675.0M
Q1 25
$379.0M
Q4 24
$287.0M
FCF Margin
CTRA
CTRA
WDC
WDC
Q3 26
29.3%
Q2 26
21.6%
Q1 26
Q4 25
21.3%
Q3 25
Q2 25
-58.5%
Q1 25
16.5%
Q4 24
6.7%
Capex Intensity
CTRA
CTRA
WDC
WDC
Q3 26
Q2 26
Q1 26
Q4 25
2.6%
Q3 25
Q2 25
-6.2%
Q1 25
5.6%
Q4 24
2.7%
Cash Conversion
CTRA
CTRA
WDC
WDC
Q3 26
0.35×
Q2 26
0.40×
Q1 26
Q4 25
2.64×
0.57×
Q3 25
3.02×
Q2 25
1.83×
2.65×
Q1 25
2.22×
0.98×
Q4 24
2.11×
0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTRA
CTRA

Oil And Condensate$941.0M53%
Natural Gas Production$615.0M34%
Natural Gas Liquids Reserves$206.0M12%
Other Revenues$28.0M2%

WDC
WDC

Segment breakdown not available.

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