Company / Cash & Equivalents
Seagate Technology Cash & Equivalents History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash & Equivalents
$1.4B
FY2024
5-year range
$615.0M / $1.7B
FY2020-FY2024
Trend
+72.8%
vs FY2023
Sector context
#60 of 306
Information Technology
What the data says
Seagate Technology's cash & equivalents of $1.4B is higher than 80% of companies in the Information Technology sector (FY2024). Cash & Equivalents has fluctuated over the past 10 years, ranging from $615M in FY2022 to $2.5B in FY2017.
Based on SEC 10-K filings.
$1.4B in FY2024 with a 5-year CAGR of -9.4%. Top quartile in the Information Technology sector.
Improved from $615M to $1.4B over the past 2 years.
Information Technology sector context is included.
Cash & Equivalents over time
Growth rates
- 3-Year CAGR
- +3.9%
- 5-Year CAGR
- -9.4%
- 10-Year CAGR
- -
Sector benchmark
+5.2% above sector average
Key checks
Key Insights
- 5-year CAGR of -9.4%, indicating a declining trend.
- In FY2024, cash & equivalents increased 72.8% year-over-year.
- Ranks #60 out of 306 companies in the Information Technology sector.
- Peak cash & equivalents was recorded in FY2017.
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 | Cash & EquivalentsValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $1.4B | +72.8% |
| FY2023 | $786.0M | +27.8% |
| FY2022 | $615.0M | -49.1% |
| FY2021 | $1.2B | -29.8% |
| FY2020 | $1.7B | -22.4% |
| FY2019 | $2.2B | +19.8% |
| FY2018 | $1.9B | -27.0% |
| FY2017 | $2.5B | +125.7% |
| FY2016 | $1.1B | -54.6% |
| FY2015 | $2.5B | -5.9% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026