Company / Return on Assets (ROA)
Seagate Technology Return on Assets (ROA) History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
19.0%
FY2024
5-year range
-7.0% / 19.0%
FY2020-FY2024
Trend
+371.1%
vs FY2023
Sector context
#18 of 298
Information Technology
What the data says
Return on Assets (ROA) changed +371% YoY in FY2024, a notable deviation from the 9-year average annual change of +61%.
Based on SEC 10-K filings.
19.0% in FY2024 with a 5-year CAGR of -3.7%. Top quartile in the Information Technology sector.
Improved from 18.4% to 19.0% over the past 2 years.
Information Technology sector context is included.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- +3.8pp
- 5-Year Change
- -3.7pp
- 10-Year Change
- -
Sector benchmark
Top 6% in Information TechnologyTop 6% of 298This company 19.0% Sector average 0.1%
▼
+16854.6% above sector average
Key checks
Key Insights
- In FY2024, return on assets (roa) increased 371.1% year-over-year.
- Currently 18.9pp above the Information Technology sector average.
- Peak return on assets (roa) was recorded in FY2019.
- Lowest return on assets (roa) in the period was in FY2023.
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 | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | 19.0% | +371.1% |
| FY2023 | -7.0% | -138.0% |
| FY2022 | 18.4% | +21.7% |
| FY2021 | 15.2% | +34.8% |
| FY2020 | 11.2% | -50.4% |
| FY2019 | 22.6% | +5.9% |
| FY2018 | 21.4% | +67.7% |
| FY2017 | 12.8% | +322.2% |
| FY2016 | 3.0% | -82.9% |
| FY2015 | 17.7% | +7.0% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026