Seagate Technology PLC (STX)
Net profit margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 335,000 | -270,000 | -728,000 | -742,000 | -529,000 | -161,000 | 618,000 | 1,152,000 | 1,649,000 | 1,855,000 | 1,838,000 | 1,617,000 | 1,314,000 | 998,000 | 989,000 | 1,027,000 | 1,004,000 | 1,821,000 | 1,696,000 | 1,762,000 |
| Revenue (ttm) | US$ in thousands | 6,190,000 | 6,009,000 | 6,218,000 | 6,761,000 | 7,384,000 | 8,572,000 | 9,529,000 | 10,569,000 | 11,661,000 | 12,023,000 | 11,956,000 | 11,473,000 | 10,681,000 | 10,176,000 | 10,173,000 | 10,250,000 | 10,509,000 | 10,379,000 | 9,968,000 | 9,979,000 |
| Net profit margin | 5.41% | -4.49% | -11.71% | -10.97% | -7.16% | -1.88% | 6.49% | 10.90% | 14.14% | 15.43% | 15.37% | 14.09% | 12.30% | 9.81% | 9.72% | 10.02% | 9.55% | 17.55% | 17.01% | 17.66% |
June 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $335,000K ÷ $6,190,000K
= 5.41%
Seagate Technology PLC's net profit margin has shown fluctuations over the specified reporting periods. In the most recent quarter, ending June 30, 2024, the net profit margin stood at 5.41%. This indicates that the company retained 5.41% of its revenue as profit after accounting for all expenses and taxes.
The trend in net profit margin over the past several quarters has been mixed, with both positive and negative margins recorded. The company experienced a low point in net profit margin in the March 31, 2024 quarter, where it reported a negative margin of -4.49%, indicating that its expenses and costs exceeded its revenue during that period.
Historically, Seagate Technology PLC's net profit margins have generally been positive, with higher margins recorded in periods such as March 31, 2022, where the net profit margin was 15.43%. However, the margins have shown some variability in recent quarters, with fluctuations in profitability levels.
Overall, the analysis of Seagate Technology PLC's net profit margin suggests that the company has been able to generate profits from its operations, although the margin has been subject to fluctuations. It is important for the company to monitor and manage its expenses and efficiency in order to maintain healthy profit margins and sustainable financial performance.
Peer comparison
Jun 30, 2024