Seagate (STX) Stock Analysis

October 26, 2026

This is a peer-relative look at Seagate (STX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Technology Hardware & Equipment peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Seagate (STX)
Profile Item	STX
Name	Seagate Technology Holdings plc
Country/Region	Singapore
GICS Sector	Information Technology
GICS Industry Group	Technology Hardware & Equipment
GICS Industry	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Technology Hardware, Storage & Peripherals
Market Capitalization	143.37 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	December 11, 2002
Security Type	Common Stock

Price Performance

Cumulative Growth

STX

GSPC

Seagate (STX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Seagate (STX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Seagate (STX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Total Return (1Y)	180.11%	19.82%
Total Return (3Y, Annualized)	117.27%	27.72%
Total Return (5Y, Annualized)	52.80%	11.80%

Risk Profile

Drawdown History

STX

GSPC

Seagate (STX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Seagate (STX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Volatility (1Y, Annualized)	76.38%	54.02%
Beta (5Y)	2.15	1.40
Max Drawdown (5Y)	-56.99%	-55.50%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. STX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Sharpe Ratio (1Y)	2.30	0.37
Sortino Ratio (1Y)	3.62	0.53

Profitability

ROE (TTM)

Seagate (STX) posts ROE of 371.53%, above the industry benchmark range. Equity is being turned into profit at an exceptional rate, but very high ROE should still be checked against leverage, buybacks, and the size of the equity base.

STX

Technology Hardware & Equipment industry group

371.53%

Group distribution

STX: 371.53%
Max: 44.01%
Q3: 18.70%
Median: 10.41%
Q1: 1.13%
Min: -24.95%

Largest peers

STX: 371.53%
AAPL: 148.75%
SNDK: 91.64%
APH: 38.12%
ANET: 31.48%
CSCO: 27.32%
DELL: --

Where Seagate (STX) stands on ROE within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Seagate (STX) keeps 26.11% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

STX

Technology Hardware & Equipment industry group

26.11%

Group distribution

STX: 26.11%
Max: 26.11%
Q3: 10.82%
Median: 3.75%
Q1: 0.00%
Min: -11.93%

Largest peers

SNDK: 56.47%
ANET: 38.37%
AAPL: 27.62%
STX: 26.11%
CSCO: 20.95%
APH: 17.73%
DELL: 7.53%

Where Seagate (STX) stands on net margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Seagate (STX) turns 43.07% of revenue into operating profit on operating margin, above the industry benchmark range. Core operations are retaining an unusually large share before interest and taxes, which points to pricing power or tight cost control if the margin is sustainable.

STX

Technology Hardware & Equipment industry group

43.07%

Group distribution

STX: 43.07%
Max: 36.27%
Q3: 18.05%
Median: 7.45%
Q1: 2.33%
Min: -12.88%

Largest peers

SNDK: 78.47%
ANET: 45.39%
STX: 43.07%
AAPL: 32.62%
APH: 29.78%
CSCO: 27.72%
DELL: 12.02%

Where Seagate (STX) stands on operating margin within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
ROE (TTM)	371.53%	10.41%
ROA (TTM)	29.36%	4.48%
Net Margin (TTM)	26.11%	3.75%
Operating Margin (TTM)	43.07%	7.45%
Gross Margin (TTM)	45.58%	38.95%

Growth

Revenue Growth

Seagate (STX) grew revenue 34.06%, in the upper peer quartile. The top line is expanding faster than at most industry peers, which points to share gains or stronger pricing.

Seagate (STX): Revenue Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

EPS Growth

Seagate (STX) grew earnings per share 105.31%, in the upper peer quartile. Per-share profits are compounding faster than at most industry peers.

Seagate (STX): EPS Growth across different time periods, set against Technology Hardware & Equipment industry-group medians.

Growth Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Revenue Growth (YoY)	34.06%	10.33%
Revenue Growth (3Y CAGR)	18.20%	2.70%
EPS Growth (YoY)	105.31%	14.18%
EPS Growth (3Y CAGR)	--	3.15%

Financial Strength

Current Ratio (MRQ)

Seagate (STX) has current ratio of 1.67, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

STX

Technology Hardware & Equipment industry group

1.67

Group distribution

Max: 5.34
Q3: 2.93
Median: 1.97
STX: 1.67
Q1: 1.26
Min: 0.17

Largest peers

ANET: 2.96
SNDK: 2.29
APH: 1.89
STX: 1.67
AAPL: 1.00
DELL: 0.96
CSCO: 0.93

Where Seagate (STX) stands on current ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Seagate (STX) has debt-to-equity ratio of 1.80, in the higher-leverage quartile for its industry. The heavier reliance on borrowing can make earnings, rates, or refinancing conditions matter more.

STX

Technology Hardware & Equipment industry group

1.80

Group distribution

STX: 1.80
Max: 1.80
Q3: 0.82
Median: 0.27
Q1: 0.04
Min: 0.00

Largest peers

STX: 1.80
APH: 1.20
AAPL: 0.78
CSCO: 0.62
SNDK: 0.01
DELL: --
ANET: --

Where Seagate (STX) stands on debt-to-equity ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Current Ratio (MRQ)	1.67	1.97
Debt / Equity (MRQ)	1.80	0.27
Net Debt / EBITDA	0.49	0.18

Dividends

Dividend Yield (TTM)

Seagate (STX) has dividend yield of 0.46%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

STX

Technology Hardware & Equipment industry group

0.46%

Group distribution

Max: 0.63%
STX: 0.46%
Q3: 0.30%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 1.58%
APH: 0.63%
DELL: 0.51%
STX: 0.46%
AAPL: 0.30%
ANET: 0.00%
SNDK: 0.00%

Where Seagate (STX) stands on dividend yield within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Seagate (STX) has payout ratio of 21.15%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

STX

Technology Hardware & Equipment industry group

21.15%

Group distribution

Max: 37.88%
STX: 21.15%
Q3: 18.11%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

CSCO: 49.85%
APH: 22.88%
STX: 21.15%
DELL: 13.43%
AAPL: 12.04%
ANET: 0.00%
SNDK: 0.00%

Where Seagate (STX) stands on payout ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
Dividend Yield (TTM)	0.46%	0.00%
Dividend Payout Ratio (TTM)	21.15%	0.00%

Valuation

P/E Ratio (TTM)

Seagate (STX) trades at P/E ratio of 45.36, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

STX

Technology Hardware & Equipment industry group

45.36

Group distribution

Max: 72.65
Q3: 46.54
STX: 45.36
Median: 32.04
Q1: 21.97
Min: 10.10

Largest peers

ANET: 58.63
STX: 45.36
AAPL: 39.88
APH: 37.05
CSCO: 31.98
DELL: 26.54
SNDK: 16.78

Where Seagate (STX) stands on P/E ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Seagate (STX) trades at 11.76 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

STX

Technology Hardware & Equipment industry group

11.76

Group distribution

STX: 11.76
Max: 11.76
Q3: 6.83
Median: 2.76
Q1: 1.06
Min: 0.00

Largest peers

ANET: 20.62
STX: 11.76
AAPL: 10.87
SNDK: 8.84
CSCO: 6.63
APH: 6.30
DELL: 1.92

Where Seagate (STX) stands on P/S ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Seagate (STX) trades at 65.99 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.

STX

Technology Hardware & Equipment industry group

65.99

Group distribution

STX: 65.99
Max: 11.79
Q3: 5.95
Median: 3.41
Q1: 1.89
Min: 0.35

Largest peers

STX: 65.99
AAPL: 47.25
ANET: 14.69
APH: 11.79
SNDK: 11.72
CSCO: 8.36
DELL: -204.68

Where Seagate (STX) stands on P/B ratio within its Technology Hardware & Equipment peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Seagate (STX) metric values compared with Technology Hardware & Equipment industry-group medians
Metric	Current stock: STX	Industry group median
P/E Ratio (TTM)	45.36	32.04
P/S Ratio (TTM)	11.76	2.76
P/B Ratio (MRQ)	65.99	3.41
Free Cash Flow Yield (TTM)	1.36%	2.65%