Seagate Technology
STX
#960
Rank
$19.49 B
Marketcap
$93.05
Share price
-1.62%
Change (1 day)
53.98%
Change (1 year)

Operating Margin for Seagate Technology (STX)

Operating Margin as of March 2024 (TTM): -6.71%

According to Seagate Technology's latest financial reports and stock price the company's current Operating Margin is -6.71%. At the end of 2022 the company had an Operating Margin of 14.40%.

Operating Margin history for Seagate Technology from 2003 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202214.40%14.09%
202112.62%28.52%
20209.82%-25.63%
201913.21%4.15%
201812.68%67.56%
20177.57%208.19%
20162.46%-82.88%
201514.34%26.47%
201411.34%-11.14%
201312.76%-33.86%
201219.29%265.54%
20115.28%-61.67%
201013.77%-148.65%
2009-28.30%-370.62%
200810.46%111.77%
20074.94%-50.8%
200610.04%3.56%
20059.69%40.93%
20046.88%-32.42%
200310.18%159.16%
20023.93%-96.07%
2001100.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
42.14%-728.02%๐Ÿ‡บ๐Ÿ‡ธ USA
7.05%-205.07%๐Ÿ‡บ๐Ÿ‡ธ USA
16.75%-349.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.66% 88.67%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.