Company / Income Tax
Seagate Technology Income Tax History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$44.0M
FY2024
5-year range
$28.0M / $44.0M
FY2020-FY2024
Trend
+33.3%
vs FY2023
Sector context
#94 of 306
Information Technology
What the data says
At $44M, Seagate Technology's income tax ranks #213 of 306 in the Information Technology sector. Income Tax has fluctuated over the past 10 years, ranging from -$640M in FY2019 to $236M in FY2017.
Based on SEC 10-K filings.
$44M in FY2024 with a 3-year CAGR of +9.0%.
Increased from $30M to $44M over the past 2 years.
Information Technology sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +9.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#213 of 306 in Information TechnologyTop 69% of 306This company $44.0M Sector average $268.8M
▼
-83.6% below sector average
Key checks
Key Insights
- 3-year CAGR of +9.0%, indicating consistent growth.
- In FY2024, income tax increased 33.3% year-over-year.
- Ranks #94 out of 306 companies in the Information Technology sector.
- Peak income tax 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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $44.0M | +33.3% |
| FY2023 | $33.0M | +10.0% |
| FY2022 | $30.0M | -11.8% |
| FY2021 | $34.0M | +21.4% |
| FY2020 | $28.0M | +104.4% |
| FY2019 | -$640.0M | +0.0% |
| FY2018 | -$640.0M | -371.2% |
| FY2017 | $236.0M | +807.7% |
| FY2016 | $26.0M | -88.6% |
| FY2015 | $228.0M | +1728.6% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026