Company / Shareholders' Equity
Seagate Technology Shareholders' Equity History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$1.5B
FY2024
5-year range
-$1.5B / $1.8B
FY2020-FY2024
Trend
-24.4%
vs FY2023
Sector context
#309 of 313
Information Technology
What the data says
Seagate Technology reports negative total equity of -$1.5B in FY2024. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-$1.5B in FY2024.
Declined from $109M to -$1.5B over the past 2 years.
Information Technology sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 1% in Information TechnologyTop 99% of 313This company -$1.5B Sector average $5.9B
▼
-125.4% below sector average
Key checks
Key Insights
- Seagate Technology's shareholders' equity has declined for 5 consecutive years.
- In FY2024, shareholders' equity decreased 24.4% year-over-year.
- Ranks #309 out of 313 companies in the Information Technology sector.
- Peak shareholders' equity was recorded in FY2015.
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 | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$1.5B | -24.4% |
| FY2023 | -$1.2B | -1200.0% |
| FY2022 | $109.0M | -82.7% |
| FY2021 | $631.0M | -64.7% |
| FY2020 | $1.8B | -17.3% |
| FY2019 | $2.2B | +29.8% |
| FY2018 | $1.7B | +22.1% |
| FY2017 | $1.4B | -14.4% |
| FY2016 | $1.6B | -47.2% |
| FY2015 | $3.0B | +6.6% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026