Company / Working Capital
Seagate Technology Working Capital History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$233.0M
FY2024
5-year range
$233.0M / $1.4B
FY2020-FY2024
Trend
-25.6%
vs FY2023
Sector context
#195 of 311
Information Technology
What the data says
At $233M, Seagate Technology's working capital ranks #195 of 311 in the Information Technology sector. Working Capital has declined for 5 consecutive years, from $2.1B in FY2019 to $233M in FY2024.
Based on SEC 10-K filings.
$233M in FY2024 with a 5-year CAGR of -35.8%.
Declined from $478M to $233M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -35.2%
- 5-Year CAGR
- -35.8%
- 10-Year CAGR
- -
Sector benchmark
#195 of 311 in Information TechnologyTop 63% of 311This company $233.0M Sector average $1.7B
▼
-86.4% below sector average
Key checks
Key Insights
- Seagate Technology's working capital has declined for 5 consecutive years.
- 5-year CAGR of -35.8%, indicating a declining trend.
- In FY2024, working capital decreased 25.6% year-over-year.
- Ranks #195 out of 311 companies in the Information Technology sector.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $233.0M | -25.6% |
| FY2023 | $313.0M | -34.5% |
| FY2022 | $478.0M | -44.3% |
| FY2021 | $858.0M | -38.4% |
| FY2020 | $1.4B | -34.7% |
| FY2019 | $2.1B | +90.3% |
| FY2018 | $1.1B | -53.6% |
| FY2017 | $2.4B | +88.1% |
| FY2016 | $1.3B | -60.2% |
| FY2015 | $3.2B | -4.6% |
As of FY2024 · SEC 10-K · Updated Jul 6, 2026