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Seagate Technology Holdings (Seagate Technology Holdings) Net Margin %

: -1.22% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Seagate Technology Holdings's Net Income for the three months ended in Dec. 2023 was $-19 Mil. Seagate Technology Holdings's Revenue for the three months ended in Dec. 2023 was $1,555 Mil. Therefore, Seagate Technology Holdings's net margin for the quarter that ended in Dec. 2023 was -1.22%.

The historical rank and industry rank for Seagate Technology Holdings's Net Margin % or its related term are showing as below:

STX' s Net Margin % Range Over the Past 10 Years
Min: -11.25   Med: 11.01   Max: 19.36
Current: -11.25


STX's Net Margin % is ranked worse than
79.77% of 2462 companies
in the Hardware industry
Industry Median: 2.845 vs STX: -11.25

Seagate Technology Holdings Net Margin % Historical Data

The historical data trend for Seagate Technology Holdings's Net Margin % 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.

* Premium members only.

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.36 9.55 12.30 14.14 -7.16

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
Net Margin % 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 -1.75 -23.28 -5.74 -12.65 -1.22

Competitive Comparison

For the Computer Hardware subindustry, Seagate Technology Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Seagate Technology Holdings Net Margin % Distribution

For the Hardware industry and Technology sector, Seagate Technology Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Net Margin % falls into.



Seagate Technology Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Seagate Technology Holdings's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-529/7384
=-7.16 %

Seagate Technology Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-19/1555
=-1.22 %

* 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.


Seagate Technology Holdings  (NAS:STX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Seagate Technology Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Seagate Technology Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Seagate Technology Holdings (Seagate Technology Holdings) Business Description

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