Seagate Technology PLC (STX)
Pretax margin
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,513,000 | 445,000 | -496,000 | 1,679,000 | 1,348,000 |
| Revenue | US$ in thousands | 9,097,000 | 6,551,000 | 7,384,000 | 11,661,000 | 10,681,000 |
| Pretax margin | 16.63% | 6.79% | -6.72% | 14.40% | 12.62% |
June 30, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $1,513,000K ÷ $9,097,000K
= 16.63%
Seagate Technology PLC's pretax margin has exhibited notable fluctuations over the reported period from June 30, 2021, through June 30, 2025. Specifically, the pretax margin increased from 12.62% in 2021 to 14.40% in 2022, reflecting an improvement in profitability before taxes. However, this positive trend was reversed in 2023, as the pretax margin declined sharply to -6.72%, indicating a period of pretax losses or significantly reduced profitability before taxation. Subsequently, the margin showed a marked recovery in 2024, rising to 6.79%, suggesting an improvement in pretax profitability, though still below the 2021-2022 levels. The outlook for 2025 projects a substantial further increase to 16.63%, surpassing previous highs and indicating a strong rebound in pretax profitability. Overall, the pretax margin trend reflects periods of both deterioration and recovery, with recent data pointing toward a significant positive turnaround.
Peer comparison
Jun 30, 2025