Gross Profit Analysis: Comparing SAP SE and Seagate Technology Holdings plc

SAP's growth outpaces Seagate's declining profits.

__timestampSAP SESeagate Technology Holdings plc
Wednesday, January 1, 2014122890000003846000000
Thursday, January 1, 2015141670000003809000000
Friday, January 1, 2016154920000002615000000
Sunday, January 1, 2017164090000003174000000
Monday, January 1, 2018172460000003364000000
Tuesday, January 1, 2019192020000002932000000
Wednesday, January 1, 2020194520000002842000000
Friday, January 1, 2021198940000002917000000
Saturday, January 1, 2022219360000003469000000
Sunday, January 1, 2023226030000001351000000
Monday, January 1, 2024250120000001546000000
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Cracking the code

Gross Profit Trends: SAP SE vs. Seagate Technology Holdings

In the ever-evolving landscape of global technology, understanding financial health is crucial. This analysis delves into the gross profit trends of SAP SE and Seagate Technology Holdings plc from 2014 to 2023. SAP SE, a leader in enterprise software, consistently outperformed Seagate, a data storage giant, with gross profits peaking at approximately €22.6 billion in 2023, marking an impressive 84% increase from 2014. In contrast, Seagate's gross profit saw fluctuations, peaking in 2014 at around €3.8 billion, but dropping significantly to €1.4 billion by 2023, a 65% decrease. This stark contrast highlights SAP's robust growth trajectory, while Seagate faces challenges in maintaining its profit margins. Notably, data for 2024 is incomplete, indicating potential shifts in the coming year. These insights underscore the dynamic nature of the tech industry and the importance of strategic financial management.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025