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Side-by-side financial comparison of Fifth Third Bancorp (FITB) 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 $1.5B, roughly 2.2× Fifth Third Bancorp). Western Digital runs the higher net margin — 96.0% vs 47.7%, a 48.3% gap on every dollar of revenue. On growth, Western Digital posted the faster year-over-year revenue change (45.5% vs 6.4%). Western Digital produced more free cash flow last quarter ($978.0M vs $765.0M).

Fifth Third Bancorp is a bank holding company headquartered in Cincinnati, Ohio. It is the parent company of Fifth Third Bank, which operates 1,087 branches and 2,400 automated teller machines, across 12 states: Ohio, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia. It is on the list of largest banks in the United States and is ranked 321st on the Fortune 500. The name "Fifth Third" is derived from the names of the...

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).

FITB vs WDC — Head-to-Head

Bigger by revenue
WDC
WDC
2.2× larger
WDC
$3.3B
$1.5B
FITB
Growing faster (revenue YoY)
WDC
WDC
+39.1% gap
WDC
45.5%
6.4%
FITB
Higher net margin
WDC
WDC
48.3% more per $
WDC
96.0%
47.7%
FITB
More free cash flow
WDC
WDC
$213.0M more FCF
WDC
$978.0M
$765.0M
FITB

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
FITB
FITB
WDC
WDC
Revenue
$1.5B
$3.3B
Net Profit
$730.0M
$3.2B
Gross Margin
50.2%
Operating Margin
59.7%
35.7%
Net Margin
47.7%
96.0%
Revenue YoY
6.4%
45.5%
Net Profit YoY
17.7%
516.3%
EPS (diluted)
$1.03
$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
FITB
FITB
WDC
WDC
Q3 26
$3.3B
Q2 26
$3.0B
Q1 26
$3.0B
Q4 25
$1.5B
$2.8B
Q3 25
$1.5B
Q2 25
$1.5B
$-1.2B
Q1 25
$1.4B
$2.3B
Q4 24
$1.4B
$4.3B
Net Profit
FITB
FITB
WDC
WDC
Q3 26
$3.2B
Q2 26
$1.8B
Q1 26
$1.8B
Q4 25
$730.0M
$1.2B
Q3 25
$649.0M
Q2 25
$628.0M
$282.0M
Q1 25
$515.0M
$520.0M
Q4 24
$620.0M
$594.0M
Gross Margin
FITB
FITB
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
FITB
FITB
WDC
WDC
Q3 26
35.7%
Q2 26
30.1%
Q1 26
30.1%
Q4 25
59.7%
28.1%
Q3 25
55.1%
Q2 25
54.0%
Q1 25
45.4%
33.1%
Q4 24
53.3%
19.9%
Net Margin
FITB
FITB
WDC
WDC
Q3 26
96.0%
Q2 26
61.1%
Q1 26
61.1%
Q4 25
47.7%
41.9%
Q3 25
42.7%
Q2 25
42.0%
-24.4%
Q1 25
35.8%
22.7%
Q4 24
43.1%
13.9%
EPS (diluted)
FITB
FITB
WDC
WDC
Q3 26
$8.20
Q2 26
$4.73
Q1 26
$4.73
Q4 25
$1.03
$3.07
Q3 25
$0.91
Q2 25
$0.88
$0.72
Q1 25
$0.71
$1.42
Q4 24
$0.85
$1.63

Balance Sheet & Financial Strength

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

Metric
FITB
FITB
WDC
WDC
Cash + ST InvestmentsLiquidity on hand
$2.0B
Total DebtLower is stronger
$13.6B
$1.6B
Stockholders' EquityBook value
$21.7B
$9.7B
Total Assets
$214.4B
$15.0B
Debt / EquityLower = less leverage
0.63×
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FITB
FITB
WDC
WDC
Q3 26
$2.0B
Q2 26
$2.0B
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
Q2 25
$2.1B
Q1 25
$3.5B
Q4 24
$2.3B
Total Debt
FITB
FITB
WDC
WDC
Q3 26
$1.6B
Q2 26
$4.7B
Q1 26
$4.7B
Q4 25
$13.6B
$4.7B
Q3 25
$13.7B
Q2 25
$14.5B
$4.7B
Q1 25
$14.5B
$7.3B
Q4 24
$14.3B
$7.4B
Stockholders' Equity
FITB
FITB
WDC
WDC
Q3 26
$9.7B
Q2 26
$7.1B
Q1 26
$7.1B
Q4 25
$21.7B
$5.9B
Q3 25
$21.1B
Q2 25
$21.1B
$5.3B
Q1 25
$20.4B
$5.2B
Q4 24
$19.6B
$12.1B
Total Assets
FITB
FITB
WDC
WDC
Q3 26
$15.0B
Q2 26
$15.6B
Q1 26
$15.6B
Q4 25
$214.4B
$14.4B
Q3 25
$212.9B
Q2 25
$210.0B
$14.0B
Q1 25
$212.7B
$16.4B
Q4 24
$212.9B
$25.5B
Debt / Equity
FITB
FITB
WDC
WDC
Q3 26
0.16×
Q2 26
0.65×
Q1 26
0.65×
Q4 25
0.63×
0.80×
Q3 25
0.65×
Q2 25
0.69×
0.89×
Q1 25
0.71×
1.42×
Q4 24
0.73×
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
FITB
FITB
WDC
WDC
Operating Cash FlowLast quarter
$929.0M
$1.1B
Free Cash FlowOCF − Capex
$765.0M
$978.0M
FCF MarginFCF / Revenue
50.0%
29.3%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
1.27×
0.35×
TTM Free Cash FlowTrailing 4 quarters
$3.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FITB
FITB
WDC
WDC
Q3 26
$1.1B
Q2 26
$745.0M
Q1 26
Q4 25
$929.0M
$672.0M
Q3 25
$1.0B
Q2 25
$1.3B
$746.0M
Q1 25
$1.2B
$508.0M
Q4 24
$-101.0M
$403.0M
Free Cash Flow
FITB
FITB
WDC
WDC
Q3 26
$978.0M
Q2 26
$653.0M
Q1 26
Q4 25
$765.0M
$599.0M
Q3 25
$886.0M
Q2 25
$1.2B
$675.0M
Q1 25
$1.1B
$379.0M
Q4 24
$-246.0M
$287.0M
FCF Margin
FITB
FITB
WDC
WDC
Q3 26
29.3%
Q2 26
21.6%
Q1 26
Q4 25
50.0%
21.3%
Q3 25
58.3%
Q2 25
77.8%
-58.5%
Q1 25
77.7%
16.5%
Q4 24
-17.1%
6.7%
Capex Intensity
FITB
FITB
WDC
WDC
Q3 26
Q2 26
Q1 26
Q4 25
10.7%
2.6%
Q3 25
10.5%
Q2 25
9.6%
-6.2%
Q1 25
8.1%
5.6%
Q4 24
10.1%
2.7%
Cash Conversion
FITB
FITB
WDC
WDC
Q3 26
0.35×
Q2 26
0.40×
Q1 26
Q4 25
1.27×
0.57×
Q3 25
1.61×
Q2 25
2.08×
2.65×
Q1 25
2.39×
0.98×
Q4 24
-0.16×
0.68×

Financial Flow Comparison

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

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