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Seagate Technology Gross Profit

: $2,705 Mil (TTM As of Dec. 2020)
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Seagate Technology's gross profit for the three months ended in Dec. 2020 was $696 Mil. Seagate Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was $2,705 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seagate Technology's gross profit for the three months ended in Dec. 2020 was $696 Mil. Seagate Technology's Revenue for the three months ended in Dec. 2020 was $2,623 Mil. Therefore, Seagate Technology's Gross Margin % for the quarter that ended in Dec. 2020 was 26.53%.

Seagate Technology had a gross margin of 26.53% for the quarter that ended in Dec. 2020 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Seagate Technology was 31.35%. The lowest was 19.56%. And the median was 27.87%.


Seagate Technology Gross Profit 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
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,615.00 3,174.00 3,364.00 2,932.00 2,842.00

Seagate Technology Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Gross Profit 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 758.00 746.00 667.00 596.00 696.00

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Seagate Technology Gross Profit Distribution

* The bar in red indicates where Seagate Technology's Gross Profit falls into.



Seagate Technology Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Seagate Technology's Gross Profit for the fiscal year that ended in Jun. 2020 is calculated as

Gross Profit (A: Jun. 2020 )=Revenue - Cost of Goods Sold
=10509 - 7667
=2,842

Seagate Technology's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=2623 - 1927
=696

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 was 746 (Mar. 2020 ) + 667 (Jun. 2020 ) + 596 (Sep. 2020 ) + 696 (Dec. 2020 ) = $2,705 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Seagate Technology's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=696 / 2623
=26.53 %

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

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Seagate Technology  (NAS:STX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Seagate Technology had a gross margin of 26.53% for the quarter that ended in Dec. 2020 => Competition eroding margins


Seagate Technology Gross Profit Related Terms


Seagate Technology Gross Profit Headlines

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