Seagate Technology PLC (STX)
Operating profit margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,890,000 | 452,000 | -342,000 | 1,955,000 | 1,492,000 |
| Revenue | US$ in thousands | 9,097,000 | 6,551,000 | 7,384,000 | 11,661,000 | 10,681,000 |
| Operating profit margin | 20.78% | 6.90% | -4.63% | 16.77% | 13.97% |
June 30, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,890,000K ÷ $9,097,000K
= 20.78%
Seagate Technology PLC's operating profit margin has exhibited notable fluctuations over the reported periods. As of June 30, 2021, the company's operating profit margin stood at 13.97%, reflecting a relatively healthy profitability from core operations. This figure increased substantially by June 30, 2022, reaching 16.77%, indicating an improvement in operational efficiency and cost management during that year.
However, a significant downturn occurred by June 30, 2023, when the operating profit margin turned negative at -4.63%. This decline suggests that the company's core operational profits were insufficient to cover operating expenses during that fiscal year, potentially due to increased costs, lower revenues, or a combination of both. The negative margin indicates operational challenges faced in that period.
In the subsequent year, June 30, 2024, the operating profit margin recovered to 6.90%, implying an improvement in operational performance and possibly strategic adjustments or cost controls that contributed to restoring profitability. The most recent data for June 30, 2025, demonstrates a substantial positive shift, with the operating profit margin rising to 20.78%, which signifies a strong resurgence in profitability and improved operational efficiency.
Overall, the trend illustrates periods of growth, a significant setback in 2023, followed by a recovery and a robust margin in 2025. This pattern underscores the importance of operational factors and external influences affecting Seagate's profitability over time.
Peer comparison
Jun 30, 2025