Company / Capital Expenditures
Seagate Technology Capital Expenditures History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$265.0M
FY2024
5-year range
$265.0M / $585.0M
FY2020-FY2024
Trend
-16.1%
vs FY2023
Sector context
#43 of 296
Information Technology
What the data says
Seagate Technology's capital expenditures of $265M is higher than 85% of companies in the Information Technology sector (FY2024). Capital Expenditures has declined for 5 consecutive years, from $602M in FY2019 to $265M in FY2024.
Based on SEC 10-K filings.
$265M in FY2024 with a 5-year CAGR of -15.1%. Top quartile in the Information Technology sector.
Declined from $381M to $265M over the past 2 years.
Information Technology sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -19.0%
- 5-Year CAGR
- -15.1%
- 10-Year CAGR
- -
Sector benchmark
-52.7% below sector average
Key checks
Key Insights
- Seagate Technology's capital expenditures has declined for 5 consecutive years.
- 5-year CAGR of -15.1%, indicating a declining trend.
- In FY2024, capital expenditures decreased 16.1% year-over-year.
- Ranks #43 out of 296 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.91 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $265.0M | -16.1% |
| FY2023 | $316.0M | -17.1% |
| FY2022 | $381.0M | -23.5% |
| FY2021 | $498.0M | -14.9% |
| FY2020 | $585.0M | -2.8% |
| FY2019 | $602.0M | +0.0% |
| FY2018 | $602.0M | +64.5% |
| FY2017 | $366.0M | -37.6% |
| FY2016 | $587.0M | -21.4% |
| FY2015 | $747.0M | +33.6% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026