Company / Free Cash Flow
Seagate Technology Free Cash Flow History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$818.0M
FY2024
5-year range
$626.0M / $1.3B
FY2020-FY2024
Trend
+30.7%
vs FY2023
Sector context
#64 of 295
Information Technology
What the data says
Seagate Technology's free cash flow of $818M is higher than 78% of companies in the Information Technology sector (FY2024). Free Cash Flow has fluctuated over the past 10 years, ranging from $626M in FY2023 to $1.9B in FY2015.
Based on SEC 10-K filings.
$818M in FY2024 with a 5-year CAGR of -6.7%. Top quartile in the Information Technology sector.
Declined from $1.3B to $818M over the past 2 years.
Information Technology sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -10.2%
- 5-Year CAGR
- -6.7%
- 10-Year CAGR
- -
Sector benchmark
-41.8% below sector average
Key checks
Key Insights
- 5-year CAGR of -6.7%, indicating a declining trend.
- In FY2024, free cash flow increased 30.7% year-over-year.
- Ranks #64 out of 295 companies in the Information Technology sector.
- Peak free cash flow 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 | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $818.0M | +30.7% |
| FY2023 | $626.0M | -50.9% |
| FY2022 | $1.3B | +13.1% |
| FY2021 | $1.1B | -0.1% |
| FY2020 | $1.1B | -2.6% |
| FY2019 | $1.2B | +0.0% |
| FY2018 | $1.2B | -33.7% |
| FY2017 | $1.7B | +59.8% |
| FY2016 | $1.1B | -42.6% |
| FY2015 | $1.9B | -4.8% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026