Seagate Technology Holdings (STX) Restructuring Costs (2009 - 2023)
Seagate Technology Holdings (STX) posted quarterly Restructuring Costs of -$31.0 million for Q4 2023, down 138.27% year-over-year from $81.0 million in Q4 2022, and down 1650.0% on a QoQ basis from $2.0 million in Q3 2023.
Seagate Technology Holdings (STX) Restructuring Costs (2009 - 2023) Analysis & Trends
Seagate Technology Holdings (STX) has reported Restructuring Costs for 13 consecutive years, with -$31.0 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Restructuring Costs fell 138.27% year-over-year to -$31.0 million; the TTM figure through Dec 2023 stood at $72.0 million (down 20.88% YoY), while the FY2018 annual figure was $89.0 million, down 50.0% from the prior year.
- Restructuring Costs came in at -$31.0 million for Q4 2023 at Seagate Technology Holdings, down from $2.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $81.0 million in Q4 2022, with the low at -$31.0 million in Q4 2023.
- Average Restructuring Costs over 3 years is $11.9 million, with a median of $2.0 million recorded in 2023.
- Across the five-year window, Restructuring Costs jumped 8000.0% in 2022 and slumped 138.27% in 2023, its largest moves.
- Year by year, Restructuring Costs stood at $1.0 million in 2021, then surged by 8000.0% to $81.0 million in 2022, then plunged by 138.27% to -$31.0 million in 2023.
- According to Business Quant data, Restructuring Costs over the past three periods registered -$31.0 million, $2.0 million, and $20.0 million for Q4 2023, Q3 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 29, 2023 | -31.00 Mn |
| Sep 29, 2023 | 2.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Dec 30, 2022 | 81.00 Mn |
| Sep 30, 2022 | 9.00 Mn |
| Dec 31, 2021 | 1.00 Mn |
| Oct 1, 2021 | 1.00 Mn |
| Sep 28, 2018 | 23.00 Mn |
| Jun 29, 2018 | -6.00 Mn |
| Mar 30, 2018 | 11.00 Mn |
| Dec 29, 2017 | 33.00 Mn |
| Sep 29, 2017 | 51.00 Mn |
| Jun 30, 2017 | 14.00 Mn |
| Mar 31, 2017 | 48.00 Mn |
| Dec 30, 2016 | 33.00 Mn |
| Sep 30, 2016 | 82.00 Mn |
| Jul 1, 2016 | 80.00 Mn |
| Apr 1, 2016 | 20.00 Mn |
| Jan 1, 2016 | 17.00 Mn |
| Oct 2, 2015 | 59.00 Mn |