Seagate Technology PLC (STX)
Return on equity (ROE)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,494,000 | 1,179,000 | 824,000 | 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 |
| Total stockholders’ equity | US$ in thousands | -829,000 | -1,079,000 | -1,300,000 | -1,491,000 | -1,889,000 | -1,814,000 | -1,702,000 | -1,199,000 | -1,004,000 | -470,000 | -351,000 | 109,000 | 421,000 | 526,000 | 601,000 | 631,000 | 484,000 | 990,000 | 1,821,000 | 1,787,000 |
| ROE | — | — | — | — | — | — | — | — | — | — | — | 1,512.84% | 440.62% | 349.43% | 269.05% | 208.24% | 206.20% | 99.90% | 56.40% | 56.18% |
March 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,494,000K ÷ $-829,000K
= —
The analysis of Seagate Technology PLC’s return on equity (ROE) from the provided data indicates significant fluctuations over the reported periods. Initially, during June 2020 and September 2020, the ROE was relatively stable, appearing around 56.18% and 56.40%, respectively, suggesting consistent profitability relative to shareholders’ equity.
However, a notable surge is observed starting from December 2020, with the ROE increasing sharply to 99.90%. This upward trend accelerated in the subsequent quarters, reaching 206.20% by March 2021 and further escalating to over 208% by June 2021. The growth trend continued into September 2021 with a ROE of approximately 269.05%, and by the end of 2021, it reached an unprecedented level of 349.43%. The quarter ending March 2022 saw the ROE escalate dramatically to 440.62%, illustrating a period of exceptional profitability.
The most remarkable change occurred between June 2022 and September 2022, where the ROE skyrocketed to approximately 1,512.84%. This indicates an extraordinary level of return on shareholders’ equity within a relatively short period, perhaps attributable to extraordinary financial circumstances, such as extraordinary gains, asset revaluations, or highly favorable market conditions.
Following this peak, the data for subsequent quarters and years (from September 2022 onward) are unavailable or not reported. This suggests that the firm either experienced significant changes in reporting practices, a cessation of public disclosures, or other material factors impacting the availability of data.
Overall, the observed trend demonstrates a dramatic, albeit limited, period of exceptional profitability, with the ROE rising from moderate levels to multi-hundred or even over one thousand percent within a span of about two years. The discontinuation of data afterward prevents analysis of subsequent performance but underscores the extraordinary nature of the earlier reported ROE figures.
Peer comparison
Mar 31, 2025