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
DateValue
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