Company / Total Debt
Seagate Technology Total Debt History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$5.2B
FY2024
5-year range
$964.0M / $5.4B
FY2020-FY2024
Trend
-3.6%
vs FY2023
Sector context
#29 of 174
Information Technology
What the data says
Seagate Technology's total debt of $5.2B is higher than 83% of companies in the Information Technology sector (FY2024). Total Debt has fluctuated over the past 7 years, ranging from $964M in FY2022 to $5.4B in FY2023.
Based on SEC 10-K filings.
$5.2B in FY2024 with a 5-year CAGR of +4.1%. Top quartile in the Information Technology sector.
Increased from $964M to $5.2B over the past 2 years.
Information Technology sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- +2.0%
- 5-Year CAGR
- +4.1%
- 10-Year CAGR
- -
Sector benchmark
+36.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.1%, indicating consistent growth.
- In FY2024, total debt decreased 3.6% year-over-year.
- Ranks #29 out of 174 companies in the Information Technology sector.
- Peak total debt was recorded 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 | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $5.2B | -3.6% |
| FY2023 | $5.4B | +458.9% |
| FY2022 | $964.0M | -80.3% |
| FY2021 | $4.9B | +17.8% |
| FY2020 | $4.2B | -2.3% |
| FY2019 | $4.3B | -1.6% |
| FY2018 | $4.3B | - |
| FY2017 | - | - |
| FY2016 | - | - |
| FY2015 | - | - |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026