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Seagate Technology Holdings (MIL:1STX) Pretax Margin % : 14.58% (As of Sep. 2024)


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What is Seagate Technology Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Seagate Technology Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was €285 Mil. Seagate Technology Holdings's Revenue for the three months ended in Sep. 2024 was €1,953 Mil. Therefore, Seagate Technology Holdings's pretax margin for the quarter that ended in Sep. 2024 was 14.58%.

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

MIL:1STX' s Pretax Margin % Range Over the Past 10 Years
Min: -6.72   Med: 11.22   Max: 14.4
Current: 12.5


MIL:1STX's Pretax Margin % is ranked better than
80.4% of 2444 companies
in the Hardware industry
Industry Median: 3.365 vs MIL:1STX: 12.50

Seagate Technology Holdings Pretax Margin % Historical Data

The historical data trend for Seagate Technology Holdings's Pretax 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 Pretax Margin % Chart

Seagate Technology Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.82 12.62 14.40 -6.72 6.79

Seagate Technology Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial 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 -10.11 -0.26 3.50 28.51 14.58

Competitive Comparison of Seagate Technology Holdings's Pretax Margin %

For the Computer Hardware subindustry, Seagate Technology Holdings's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Hardware Industry

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

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



Seagate Technology Holdings Pretax Margin % Calculation

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

Seagate Technology Holdings's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=413.405/6085.879
=6.79 %

Seagate Technology Holdings's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=284.716/1953.368
=14.58 %

* 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  (MIL:1STX) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Seagate Technology Holdings Pretax Margin % Related Terms

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Seagate Technology Holdings Business Description

Address
121 Woodlands Avenue 5, Singapore, SGP, 739009
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.

Seagate Technology Holdings Headlines

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