Seagate Historical Income Statement
| STX Stock | USD 87.31 0.23 0.26% |
Historical analysis of Seagate Technology income statement accounts such as Total Operating Expenses of 1.5 B, Income Tax Expense of 311 M, Interest Expense of 134 M or Selling General Administrative of 632.8 M can show how well Seagate Technology PLC performed in making a profits. Evaluating Seagate Technology income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Seagate Technology's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Seagate Technology PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Seagate Technology PLC is a good buy for the upcoming year.
Seagate |
About Seagate Income Statement Analysis
Seagate Technology PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Seagate Technology shareholders. The income statement also shows Seagate investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Seagate Technology Income Statement Chart
Add Fundamental
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts Seagate Technology PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Seagate Technology PLC minus its cost of goods sold. It is profit before Seagate Technology operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Seagate Technology PLC. It is also known as Seagate Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Seagate Technology's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Seagate Technology PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seagate Technology PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, Seagate Technology's Tax Provision is fairly stable compared to the past year. Reconciled Depreciation is likely to rise to about 389.2 M in 2024, whereas Gross Profit is likely to drop slightly above 1.4 B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.7B | 7.4B | 6.6B | 9.8B | Depreciation And Amortization | 451M | 513M | 264M | 931M |
Seagate Technology income statement Correlations
Click cells to compare fundamentals
Seagate Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seagate Technology income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 394M | 397M | 451M | 513M | 264M | 931M | |
| Total Revenue | 10.5B | 10.7B | 11.7B | 7.4B | 6.6B | 9.8B | |
| Gross Profit | 2.8B | 2.9B | 3.5B | 1.4B | 1.5B | 1.4B | |
| Other Operating Expenses | 9.1B | 9.2B | 9.7B | 7.3B | 6.1B | 9.9B | |
| Operating Income | 1.3B | 1.5B | 2.0B | (342M) | 452M | (2.6B) | |
| Ebit | 1.3B | 1.5B | 2.0B | (212M) | 766M | (2.6B) | |
| Ebitda | 1.7B | 1.9B | 2.4B | 301M | 1.0B | (1.7B) | |
| Total Operating Expenses | 1.5B | 1.4B | 1.5B | 1.3B | 1.1B | 1.5B | |
| Net Income | 1.0B | 1.3B | 1.6B | (529M) | 335M | (3.1B) | |
| Income Tax Expense | 28M | 34M | 30M | 33M | 110M | 311M | |
| Interest Expense | 201M | 220M | 249M | 313M | 332M | 134M | |
| Selling General Administrative | 454M | 502M | 525M | 461M | 442M | 632.8M | |
| Research Development | 991M | 973M | 903M | 941M | 654M | 953M | |
| Cost Of Revenue | 7.7B | 7.8B | 8.2B | 6.0B | 5.0B | 8.4B | |
| Income Before Tax | 1.0B | 1.3B | 1.7B | (496M) | 445M | (2.8B) | |
| Total Other Income Expense Net | (268M) | (144M) | (276M) | (154M) | (7M) | (140M) | |
| Net Income Applicable To Common Shares | 1.0B | 1.3B | 1.6B | (529M) | (608.4M) | (577.9M) | |
| Selling And Marketing Expenses | 19M | 502M | 34M | 30M | 18M | 537M | |
| Net Income From Continuing Ops | 1.0B | 1.3B | 1.6B | (529M) | 335M | 318.3M | |
| Non Recurring | 89M | (22M) | 82M | 102M | 117.3M | 68.4M | |
| Non Operating Income Net Other | 20M | 109M | (67M) | 159M | 182.9M | 192.0M | |
| Tax Provision | 28M | 34M | 30M | 33M | 110M | 115.5M | |
| Interest Income | 84M | 20M | 2M | 10M | 15M | 14.3M | |
| Net Interest Income | (181M) | (218M) | (247M) | (303M) | (317M) | (332.9M) | |
| Reconciled Depreciation | 379M | 397M | 451M | 513M | 264M | 389.2M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Seagate Stock Analysis
When running Seagate Technology's price analysis, check to measure Seagate Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.