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STXSeagate Technology Holdings plc
$1070.23$233.4B
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Seagate Technology Holdings plc (STX) Quarterly Financial Ratios

Last 48 quarters of trend data · Technology · Computer Hardware

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Seagate Technology Holdings plc's quarterly P/E stands at 32.8x, up 142.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 98.7% YoY to 22.8x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
P/E Ratio →158.0832.8327.6526.0115.7913.5214.1019.2810.80193.85———
—+142.8%+96.2%+34.9%+46.1%-93.0%———————
P/S Ratio25.667.905.785.433.152.122.042.712.942.992.872.362.00
—+272.1%+183.3%+100.6%+7.2%-29.1%-28.9%+14.8%+47.2%+62.7%+99.8%+71.8%+35.5%
P/B Ratio—89.79142.20——————————
—————————————
P/FCF285.3225.7919.7133.4518.1421.2331.61217.4814.6138.7145.0660.1619.06
—+21.5%-37.6%-84.6%+24.2%-45.2%-29.9%+261.5%-23.4%+96.8%+186.0%+141.1%-46.9%
EV / EBITDA111.1022.8018.8019.5813.8911.4810.6214.9517.5929.9730.54—34.34
—+98.7%+77.0%+31.0%-21.0%-61.7%-65.2%—-48.8%———+225.0%
EV / EBIT125.8622.8022.0621.9815.4013.1213.4817.4110.6944.1060.44——
—+73.7%+63.6%+26.2%+44.1%-70.2%-77.7%———-41.4%——

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Seagate Technology Holdings plc's operating margin was 32.1% in Q3 2026, up 2.1 pp QoQ and up 12.1 pp YoY. This marks the 5th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 28.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 32.2% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Gross Margin35.2%46.5%41.6%39.4%37.4%35.2%34.9%32.9%31.8%25.7%23.3%10.2%23.2%
—+32.2%+19.2%+19.8%+17.6%+37.0%+50.0%+221.4%+37.3%+49.7%+78.6%-56.7%-19.8%
Operating Margin20.8%32.1%29.9%26.9%23.2%20.0%21.0%18.6%16.6%8.6%8.0%-8.9%1.6%
—+60.7%+42.7%+44.7%+39.7%+130.9%+163.2%+309.5%+925.3%+151.0%+194.0%-268.7%-88.2%
Net Margin16.1%24.0%21.0%20.9%20.0%15.7%14.5%14.1%27.2%1.5%-1.2%-12.7%-5.7%
—+52.7%+45.3%+48.4%-26.6%+942.0%+1282.7%+211.2%+573.4%+106.5%+30.1%-988.0%-154.7%

Return on Capital

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
ROE—96.3%299.5%——————————
—————————————
ROA18.6%8.5%6.9%6.7%6.3%4.4%4.2%3.9%6.9%0.4%-0.3%-2.5%-1.2%
—+94.0%+63.9%+71.8%-9.5%+1148.0%+1692.4%+255.6%+683.5%+106.4%+33.9%-855.0%-138.8%
ROIC41.4%35.1%16.4%14.2%11.9%9.4%11.3%10.1%8.1%3.5%3.0%-2.8%0.5%
—+273.2%+45.8%+40.1%+47.0%+165.8%+277.7%+467.8%+1570.2%+167.3%+223.3%-277.4%-90.9%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Seagate Technology Holdings plc's Debt/EBITDA ratio is 0.4x, down from 4.9x last quarter — comfortably within a safe range.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Debt / Equity—0.369.80——————————
—————————————
Debt / EBITDA2.510.374.926.417.9410.4210.3112.1515.0527.5330.48—44.88
—-96.4%-52.2%-47.3%-47.2%-62.2%-66.2%—-66.5%———+283.8%
Current Ratio1.381.331.120.981.381.361.231.141.080.851.041.071.12
—-2.5%-9.3%-14.2%+28.3%+59.3%+18.7%+7.1%-4.1%-13.6%-8.1%-10.6%-1.2%
Quick Ratio0.840.850.720.620.840.750.740.700.680.470.620.640.68
—+13.9%-2.2%-12.5%+23.7%+61.4%+18.4%+9.9%-0.8%-29.4%-10.1%-5.8%-1.9%
Interest Coverage5.7115.7410.828.687.565.615.174.727.561.711.12-0.75-0.01
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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STX — Frequently Asked Questions

Quick answers to the most common questions about buying STX stock.

What is Seagate Technology Holdings plc's quarterly P/E ratio trend?

Seagate Technology Holdings plc's current P/E is 158.1x. The average P/E over the last 4 quarters is 25.6x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Seagate Technology Holdings plc's margins change by quarter?

Seagate Technology Holdings plc's current operating margin is 20.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at STX quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Seagate Technology Holdings plc's business trajectory between earnings reports.