Seagate Technology Holdings plc (STX) 10-Year Financial Performance & Capital Metrics

STX • • Industrial / General

TechnologyComputer HardwareData Storage SystemsMass Storage Devices

AboutSeagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives. The company also offers legacy applications comprising Mission Critical HDDs and SSDs; external storage solutions under the Seagate Ultra Touch, One Touch, and Expansion product lines, as well as under the LaCie brand name; desktop drives; notebook drives, DVR HDDs, and gaming SSDs. In addition, it provides Lyve edge-to-cloud mass capacity platform. The company sells its products primarily to OEMs, distributors, and retailers. Seagate Technology Holdings plc was founded in 1978 and is based in Dublin, Ireland.Show more

Revenue $9.1B +38.9%
EBITDA $2.14B +199.0%
Net Income $1.47B +338.5%
EPS (Diluted) 6.77 +328.5%
Gross Margin 35.18% +50.0%
EBITDA Margin 23.54% +115.3%
Operating Margin 20.78% +201.1%
Net Margin 16.15% +215.8%
ROE -
ROIC 41.36% +307.2%
Debt/Equity -
Interest Coverage 5.89 +332.5%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Momentum leader: RS Rating 94 (top 6%)
✓Trading near 52-week high
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-4.04%

5Y-2.84%

3Y-7.94%

TTM31.56%

Profit (Net Income) CAGR

10Y-1.69%

5Y7.91%

3Y-3.78%

TTM107.89%

EPS CAGR

10Y2.56%

5Y12.3%

3Y-2.75%

TTM103.44%

ROCE

10Y Avg19.26%

5Y Avg20.12%

3Y Avg13.52%

Latest37.74%

Peer Comparison

Mass Storage Devices

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
STXSeagate Technology Holdings plc	69.79B	320.32	47.31	38.86%	17.92%		1.17%
WDCWestern Digital Corporation	75.94B	222.10	43.38	50.7%	21.3%	41.8%	1.69%	0.96

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Sales/Revenue+	11.16B	10.77B	11.18B	10.39B	10.51B	10.68B	11.66B	7.38B	6.55B	9.1B
Revenue Growth %	-0.19%	-0.03%	0.04%	-0.07%	0.01%	0.02%	0.09%	-0.37%	-0.11%	0.39%
Cost of Goods Sold+	8.54B	7.6B	7.82B	7.46B	7.67B	7.76B	8.19B	5.97B	5.01B	5.9B
COGS % of Revenue	0.77%	0.71%	0.7%	0.72%	0.73%	0.73%	0.7%	0.81%	0.77%	0.65%
Gross Profit+	2.62B	3.17B	3.36B	2.93B	2.84B	2.92B	3.47B	1.42B	1.54B	3.2B
Gross Margin %	0.23%	0.29%	0.3%	0.28%	0.27%	0.27%	0.3%	0.19%	0.23%	0.35%
Gross Profit Growth %	-0.31%	0.21%	0.06%	-0.13%	-0.03%	0.03%	0.19%	-0.59%	0.08%	1.08%
Operating Expenses+	2.17B	2.12B	1.73B	1.45B	1.54B	1.43B	1.51B	1.76B	1.08B	1.31B
OpEx % of Revenue	0.19%	0.2%	0.15%	0.14%	0.15%	0.13%	0.13%	0.24%	0.17%	0.14%
Selling, General & Admin	635M	606M	562M	453M	473M	502M	559M	491M	460M	561M
SG&A % of Revenue	0.06%	0.06%	0.05%	0.04%	0.05%	0.05%	0.05%	0.07%	0.07%	0.06%
Research & Development	1.24B	1.23B	1.03B	991M	973M	903M	941M	797M	654M	724M
R&D % of Revenue	0.11%	0.11%	0.09%	0.1%	0.09%	0.08%	0.08%	0.11%	0.1%	0.08%
Other Operating Expenses	298M	282M	142M	1M	96M	20M	14M	472M	-30M	25M
Operating Income+	445M	1.05B	1.63B	1.49B	1.3B	1.49B	1.96B	-342M	452M	1.89B
Operating Margin %	0.04%	0.1%	0.15%	0.14%	0.12%	0.14%	0.17%	-0.05%	0.07%	0.21%
Operating Income Growth %	-0.78%	1.37%	0.55%	-0.09%	-0.13%	0.15%	0.31%	-1.17%	2.32%	3.18%
EBITDA+	1.26B	1.8B	2.23B	2.03B	1.68B	1.89B	2.41B	171M	716M	2.14B
EBITDA Margin %	0.11%	0.17%	0.2%	0.2%	0.16%	0.18%	0.21%	0.02%	0.11%	0.24%
EBITDA Growth %	-0.57%	0.43%	0.24%	-0.09%	-0.17%	0.13%	0.27%	-0.93%	3.19%	1.99%
D&A (Non-Cash Add-back)	815M	749M	598M	541M	379M	397M	451M	513M	264M	251M
EBIT	673M	1.04B	1.65B	1.6B	1.23B	1.57B	1.93B	-183M	777M	1.83B
Net Interest Income+	-190M	-210M	-198M	-140M	-181M	-218M	-247M	-303M	-317M	-296M
Interest Income	3M	12M	38M	84M	20M	2M	2M	10M	15M	25M
Interest Expense	193M	222M	236M	224M	201M	220M	249M	313M	332M	321M
Other Income/Expense	-171M	-239M	-216M	-115M	-268M	-144M	-276M	-154M	-7M	-377M
Pretax Income+	274M	815M	1.42B	1.37B	1.03B	1.35B	1.68B	-496M	445M	1.51B
Pretax Margin %	0.02%	0.08%	0.13%	0.13%	0.1%	0.13%	0.14%	-0.07%	0.07%	0.17%
Income Tax+	26M	43M	236M	-640M	28M	34M	30M	33M	110M	44M
Effective Tax Rate %	0.91%	0.95%	0.83%	1.47%	0.97%	0.97%	0.98%	1.07%	0.75%	0.97%
Net Income+	248M	772M	1.18B	2.01B	1B	1.31B	1.65B	-529M	335M	1.47B
Net Margin %	0.02%	0.07%	0.11%	0.19%	0.1%	0.12%	0.14%	-0.07%	0.05%	0.16%
Net Income Growth %	-0.86%	2.11%	0.53%	0.7%	-0.5%	0.31%	0.25%	-1.32%	1.63%	3.39%
Net Income (Continuing)	248M	772M	1.18B	2.01B	1B	1.31B	1.65B	-529M	335M	1.47B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.82	2.58	4.05	7.06	3.79	5.36	7.36	-2.56	1.58	6.77
EPS Growth %	-0.84%	2.15%	0.57%	0.74%	-0.46%	0.41%	0.37%	-1.35%	1.62%	3.28%
EPS (Basic)	0.83	2.61	4.10	7.13	3.83	5.43	7.50	-2.56	1.60	6.93
Diluted Shares Outstanding	302M	299M	292M	285M	265M	245M	224M	207M	212M	217M
Basic Shares Outstanding	299M	296M	288M	282M	262M	242M	220M	207M	209M	212M
Dividend Payout Ratio	2.93%	0.73%	0.61%	0.35%	0.67%	0.49%	0.37%	-	1.75%	0.41%

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Total Current Assets+	3.53B	5.04B	4.31B	4.36B	4.11B	3.78B	4.03B	2.9B	3.33B	3.65B
Cash & Short-Term Investments	1.14B	2.54B	1.86B	2.22B	1.72B	1.21B	617M	786M	1.36B	891M
Cash Only	1.13B	2.54B	1.85B	2.22B	1.72B	1.21B	615M	786M	1.36B	891M
Short-Term Investments	6M	4M	4M	2M	2M	2M	2M	0	0	0
Accounts Receivable	1.32B	1.2B	1.18B	989M	1.11B	1.16B	1.61B	788M	539M	1.08B
Days Sales Outstanding	43.11	40.63	38.64	34.74	38.73	39.57	50.55	38.95	30.03	43.33
Inventory	868M	982M	1.05B	970M	1.14B	1.2B	1.56B	1.14B	1.24B	1.44B
Days Inventory Outstanding	37.08	47.18	49.15	47.47	54.37	56.6	69.73	69.75	90.18	89.13
Other Current Assets	209M	317M	216M	182M	133M	206M	236M	191M	196M	242M
Total Non-Current Assets+	4.72B	4.23B	5.1B	4.52B	4.82B	4.9B	4.91B	4.65B	4.41B	4.37B
Property, Plant & Equipment	2.16B	1.88B	1.79B	1.87B	2.23B	2.28B	2.33B	1.71B	1.61B	1.66B
Fixed Asset Turnover	5.17x	5.74x	6.24x	5.56x	4.71x	4.69x	5.00x	4.33x	4.06x	5.49x
Goodwill	1.24B	1.24B	1.24B	1.24B	1.24B	1.24B	1.24B	1.24B	1.22B	1.22B
Intangible Assets	448M	281M	188M	111M	58M	29M	9M	0	0	0
Long-Term Investments	113M	125M	1.27B	7M	0	0	23M	16M	15M	0
Other Non-Current Assets	106M	99M	191M	184M	169M	235M	177M	575M	522M	426M
Total Assets+	8.25B	9.27B	9.41B	8.88B	8.93B	8.68B	8.94B	7.56B	7.74B	8.02B
Asset Turnover	1.35x	1.16x	1.19x	1.17x	1.18x	1.23x	1.30x	0.98x	0.85x	1.13x
Asset Growth %	-0.16%	0.12%	0.02%	-0.06%	0.01%	-0.03%	0.03%	-0.16%	0.02%	0.04%
Total Current Liabilities+	2.25B	2.63B	3.19B	2.23B	2.72B	2.92B	3.56B	2.59B	3.1B	2.65B
Accounts Payable	1.52B	1.63B	1.73B	1.42B	1.81B	1.73B	2.06B	1.6B	1.79B	1.6B
Days Payables Outstanding	64.8	78.12	80.65	69.5	86.07	81.1	91.7	98.07	129.99	99.28
Short-Term Debt	0	0	499M	0	19M	245M	584M	63M	479M	61M
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	184M	237M	253M	169M	224M	282M	252M	49M	106M	291M
Current Ratio	1.57x	1.92x	1.35x	1.95x	1.51x	1.29x	1.13x	1.12x	1.08x	1.38x
Quick Ratio	1.18x	1.55x	1.02x	1.52x	1.09x	0.88x	0.69x	0.68x	0.68x	0.84x
Cash Conversion Cycle	15.38	9.69	7.14	12.72	7.02	15.08	28.59	10.63	-9.78	33.18
Total Non-Current Liabilities+	4.41B	5.28B	4.55B	4.49B	4.42B	5.12B	5.28B	6.16B	6.13B	5.83B
Long-Term Debt	4.09B	5.02B	4.32B	4.25B	4.16B	4.89B	5.06B	5.39B	5.2B	5B
Capital Lease Obligations	0	0	0	0	49M	39M	36M	333M	0	317M
Deferred Tax Liabilities	10M	5M	7M	0	0	0	0	0	0	0
Other Non-Current Liabilities	280M	257M	235M	238M	216M	190M	182M	442M	936M	516M
Total Liabilities	6.66B	7.9B	7.75B	6.72B	7.14B	8.04B	8.84B	8.76B	9.23B	8.48B
Total Debt+	4.09B	5.02B	4.82B	4.25B	4.24B	5.19B	5.7B	5.83B	5.67B	5.37B
Net Debt	2.97B	2.48B	2.97B	2.03B	2.52B	3.98B	5.08B	5.05B	4.32B	4.48B
Debt / Equity	2.57x	3.68x	2.89x	1.97x	2.37x	8.23x	52.26x	-	-	-
Debt / EBITDA	3.25x	2.78x	2.16x	2.10x	2.52x	2.75x	2.37x	34.12x	7.92x	2.51x
Net Debt / EBITDA	2.35x	1.38x	1.33x	1.00x	1.50x	2.11x	2.11x	29.53x	6.03x	2.09x
Interest Coverage	2.31x	4.75x	6.92x	6.64x	6.47x	6.78x	7.85x	-1.09x	1.36x	5.89x
Total Equity+	1.59B	1.36B	1.67B	2.16B	1.79B	631M	109M	-1.2B	-1.49B	-453M
Equity Growth %	-0.47%	-0.14%	0.22%	0.3%	-0.17%	-0.65%	-0.83%	-12%	-0.24%	0.7%
Book Value per Share	5.27	4.56	5.70	7.59	6.74	2.58	0.49	-5.79	-7.03	-2.09
Total Shareholders' Equity	1.59B	1.36B	1.67B	2.16B	1.79B	631M	109M	-1.2B	-1.49B	-453M
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-4.31B	-4.77B	-4.7B	-4.35B	-4.9B	-6.3B	-7.12B	-8.67B	-8.96B	-8.15B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-25M	-17M	-16M	-34M	-66M	-41M	36M	98M	-2M	-8M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	1.68B	1.92B	2.11B	1.76B	1.71B	1.63B	1.66B	942M	918M	1.08B
Operating CF Margin %	0.15%	0.18%	0.19%	0.17%	0.16%	0.15%	0.14%	0.13%	0.14%	0.12%
Operating CF Growth %	-0.37%	0.14%	0.1%	-0.17%	-0.03%	-0.05%	0.02%	-0.43%	-0.03%	0.18%
Net Income	248M	772M	1.18B	2.01B	1B	1.31B	1.65B	-529M	335M	1.47B
Depreciation & Amortization	815M	749M	598M	541M	379M	397M	451M	513M	264M	251M
Stock-Based Compensation	120M	137M	112M	99M	109M	112M	145M	115M	127M	200M
Deferred Taxes	-2M	3M	193M	-690M	-6M	-4M	-9M	10M	78M	-8M
Other Non-Cash Items	35M	69M	-11M	-94M	110M	-49M	64M	-329M	-272M	136M
Working Capital Changes	464M	186M	39M	-107M	118M	-144M	-643M	1.16B	386M	-965M
Change in Receivables	464M	122M	16M	204M	-127M	-42M	-374M	911M	192M	-513M
Change in Inventory	145M	-114M	-71M	80M	-166M	-64M	-361M	425M	-99M	-201M
Change in Payables	-24M	121M	65M	-268M	394M	-14M	228M	-421M	227M	-242M
Cash from Investing+	-1.21B	-459M	-1.59B	846M	-635M	-466M	-352M	217M	126M	-276M
Capital Expenditures	-587M	-434M	-366M	-602M	-585M	-498M	-381M	-316M	-254M	-265M
CapEx % of Revenue	0.05%	0.04%	0.03%	0.06%	0.06%	0.05%	0.03%	0.04%	0.04%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	9M	6M	-14M	0	0	0	-381M	534M	40M	26M
Cash from Financing+	-1.82B	-46M	-1.21B	-2.21B	-1.6B	-1.67B	-1.9B	-988M	-473M	-1.27B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-727M	-561M	-726M	-713M	-673M	-649M	-610M	-582M	-585M	-600M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-60M	86M	-23M	-31M	-42M	-52M	11M	-88M	-166M	-68M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.09B	1.48B	1.75B	1.16B	1.13B	1.13B	1.28B	626M	664M	818M
FCF Margin %	0.1%	0.14%	0.16%	0.11%	0.11%	0.11%	0.11%	0.08%	0.1%	0.09%
FCF Growth %	-0.42%	0.36%	0.18%	-0.34%	-0.03%	-0%	0.13%	-0.51%	0.06%	0.23%
FCF per Share	3.62	4.96	5.98	4.07	4.26	4.60	5.70	3.02	3.13	3.77
FCF Conversion (FCF/Net Income)	6.77x	2.48x	1.79x	0.88x	1.71x	1.24x	1.00x	-1.78x	2.74x	0.74x
Interest Paid	200M	172M	237M	223M	226M	184M	244M	327M	303M	324M
Taxes Paid	40M	33M	43M	39M	51M	44M	33M	32M	30M	42M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	10.76%	52.22%	78.05%	105.15%	50.85%	108.68%	445.68%	-	-	-
Return on Invested Capital (ROIC)	7.21%	18.81%	28.91%	25.27%	22.95%	25.1%	29.91%	-5.67%	10.16%	41.36%
Gross Margin	23.43%	29.47%	30.08%	28.22%	27.04%	27.31%	29.75%	19.2%	23.45%	35.18%
Net Margin	2.22%	7.17%	10.57%	19.36%	9.55%	12.3%	14.14%	-7.16%	5.11%	16.15%
Debt / Equity	2.57x	3.68x	2.89x	1.97x	2.37x	8.23x	52.26x	-	-	-
Interest Coverage	2.31x	4.75x	6.92x	6.64x	6.47x	6.78x	7.85x	-1.09x	1.36x	5.89x
FCF Conversion	6.77x	2.48x	1.79x	0.88x	1.71x	1.24x	1.00x	-1.78x	2.74x	0.74x
Revenue Growth	-18.77%	-3.49%	3.83%	-7.1%	1.15%	1.64%	9.18%	-36.68%	-11.28%	38.86%

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
UNITED STATES	3.38B	3.54B	3.72B	3.31B	3.58B	3.66B	4.69B	3.05B	2.31B	4.41B
UNITED STATES Growth	-	4.71%	5.21%	-11.00%	8.25%	2.04%	28.39%	-34.96%	-24.40%	91.07%
SINGAPORE	5.35B	5.07B	5.45B	5.08B	5.03B	5.18B	5.32B	3.27B	3.43B	3.76B
SINGAPORE Growth	-	-5.30%	7.40%	-6.61%	-1.04%	2.94%	2.74%	-38.54%	4.83%	9.62%
NETHERLANDS	1.81B	1.5B	1.6B	1.63B	1.57B	1.82B	1.63B	1.05B	802M	924M
NETHERLANDS Growth	-	-17.21%	6.46%	2.00%	-3.56%	16.09%	-10.85%	-35.71%	-23.33%	15.21%
Other Countries	617M	665M	422M	365M	322M	20M	18M	14M	12M	4M
Other Countries Growth	-	7.78%	-36.54%	-13.51%	-11.78%	-93.79%	-10.00%	-22.22%	-14.29%	-66.67%

Frequently Asked Questions

Valuation & Price

Seagate Technology Holdings plc (STX) has a price-to-earnings (P/E) ratio of 47.3x. This suggests investors expect higher future growth.

Growth & Financials

Seagate Technology Holdings plc (STX) reported $9.56B in revenue for fiscal year 2025. This represents a 36% decrease from $14.94B in 2012.

Seagate Technology Holdings plc (STX) grew revenue by 38.9% over the past year. This is strong growth.

Yes, Seagate Technology Holdings plc (STX) is profitable, generating $1.71B in net income for fiscal year 2025 (16.1% net margin).

Dividend & Returns

Yes, Seagate Technology Holdings plc (STX) pays a dividend with a yield of 0.86%. This makes it attractive for income-focused investors.

Seagate Technology Holdings plc (STX) generated $1.22B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...