Seagate Income Tax Expense from 2010 to 2024

STX Stock  USD 83.44  0.76  0.90%   
Seagate Technology Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Seagate Technology Income Tax Expense regression line of annual values had r-squared of  0.18 and arithmetic mean of  236,667. View All Fundamentals
 
Income Tax Expense  
First Reported
2000-09-30
Previous Quarter
37 M
Current Value
15 M
Quarterly Volatility
93.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seagate Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seagate main balance sheet or income statement drivers, such as Depreciation And Amortization of 869.9 M, Total Revenue of 10.9 B or Gross Profit of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0286 or Days Sales Outstanding of 46.78. Seagate financial statements analysis is a perfect complement when working with Seagate Technology Valuation or Volatility modules.
  
This module can also supplement Seagate Technology's financial leverage analysis and stock options assessment as well as various Seagate Technology Technical models . Check out the analysis of Seagate Technology Correlation against competitors.

Latest Seagate Technology's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Seagate Technology PLC over the last few years. It is Seagate Technology's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seagate Technology's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Seagate Income Tax Expense Regression Statistics

Arithmetic Mean236,667
Geometric Mean69,955,070
Coefficient Of Variation121,182
Mean Deviation175,059,556
Median30,000,000
Standard Deviation286,796,974
Sample Variance82252.5T
Range977.5M
R-Value0.43
Mean Square Error72274.9T
R-Squared0.18
Significance0.11
Slope27,513,750
Total Sum of Squares1151535.1T

Seagate Income Tax Expense History

2024326.6 M
2023311 M
202233 M
202130 M
202034 M
201928 M
2018-640 M

About Seagate Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Seagate Technology income statement, its balance sheet, and the statement of cash flows. Seagate Technology investors use historical funamental indicators, such as Seagate Technology's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Seagate Technology investors may use each financial statement separately, they are all related. The changes in Seagate Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Seagate Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Seagate Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Seagate Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense311 M326.6 M

Currently Active Assets on Macroaxis

When determining whether Seagate Technology PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seagate Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seagate Technology Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seagate Technology Plc Stock:
Check out the analysis of Seagate Technology Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.
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Is Seagate Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seagate Technology. If investors know Seagate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seagate Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Dividend Share
2.8
Earnings Share
(3.51)
Revenue Per Share
31.111
Quarterly Revenue Growth
(0.18)
The market value of Seagate Technology PLC is measured differently than its book value, which is the value of Seagate that is recorded on the company's balance sheet. Investors also form their own opinion of Seagate Technology's value that differs from its market value or its book value, called intrinsic value, which is Seagate Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seagate Technology's market value can be influenced by many factors that don't directly affect Seagate Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seagate Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seagate Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagate Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.