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Seagate Technology EBIT

: $1,210 Mil (TTM As of Dec. 2020)
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Seagate Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2020 was $343 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2020 was $1,210 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Seagate Technology's annualized ROC % for the quarter that ended in Dec. 2020 was 26.45%. Seagate Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 62.58%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Seagate Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was 5.41%.


Seagate Technology EBIT Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 467.00 1,037.00 1,654.00 1,596.00 1,233.00

Seagate Technology Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 384.00 387.00 209.00 271.00 343.00

Seagate Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was 387 (Mar. 2020 ) + 209 (Jun. 2020 ) + 271 (Sep. 2020 ) + 343 (Dec. 2020 ) = $1,210 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Seagate Technology  (NAS:STX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Seagate Technology's annualized ROC % for the quarter that ended in Dec. 2020 is calculated as:

ROC % (Q: Dec. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2020 ) + Invested Capital (Q: Dec. 2020 ))/ count )
=1400 * ( 1 - 3.78% )/( (5050 + 5136)/ 2 )
=1347.08/5093
=26.45 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2020) data.

2. Joel Greenblatt's definition of Return on Capital:

Seagate Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2020  Q: Dec. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1372/( ( (2167 + max(-289, 0)) + (2218 + max(-314, 0)) )/ 2 )
=1372/( ( 2167 + 2218 )/ 2 )
=1372/2192.5
=62.58 %

where Working Capital is:

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(866 + 1323 + 141) - (2462 + 0 + 157)
=-289

Working Capital(Q: Dec. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(801 + 1318 + 163) - (2390 + 0 + 206)
=-314

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Seagate Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2020 )
=1210/22347.733
=5.41 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


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