Seagate Technology Holdings (Seagate Technology Holdings) ROCE %

: 6.85% (As of Dec. 2023)

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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Seagate Technology Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.85%.

Seagate Technology Holdings ROCE % Historical Data

The historical data trend for Seagate Technology Holdings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seagate Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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24.80

19.17

26.22

34.60

-3.54

Seagate Technology Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.94	-26.95	-0.09	-5.20	6.85

Seagate Technology Holdings ROCE % Calculation

Seagate Technology Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-183	/	( ( (8944 - 3555)	+	(7556 - 2592) )	/ 2 )
	=	-183	/	( (5389	+	4964)	/ 2 )
	=	-183	/	5176.5
	=	-3.54 %

Seagate Technology Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	320	/	( ( (7196 - 2473)	+	(7149 - 2529) )	/ 2 )
	=	320	/	( ( 4723	+	4620 )	/ 2 )
	=	320	/	4671.5
	=	6.85 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Seagate Technology Holdings (NAS:STX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Seagate Technology Holdings ROCE % Related Terms

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Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seagate Technology Holdings PLC (NAS:STX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STX:Mexico 847:Germany 847:Germany 847:Germany STXH:Austria

Address

38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53

Website

https://www.seagate.com

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Executives

Ban Seng Teh	officer: SVP, Sales	47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke	officer: SVP, CLO & Corporate Secretary	47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris	officer: SVP, HDD & SDD Products & CTO	1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley	officer: President & COO	SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano	officer: EVP & CFO	47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander	director	MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong	officer: SVP, Global Operations	AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard	officer: Executive Vice President	47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer	director	P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo	director, officer: Chairman and CEO
Jay L Geldmacher	director	5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers	director	47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius	director	C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588