LITE vs. STX: Lumentum vs. Seagate Stock Comparison

November 11, 2026

How do Lumentum (LITE) and Seagate (STX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Lumentum (LITE) and Seagate (STX) both fall under the Technology Hardware & Equipment industry group, but LITE is classified in Communications Equipment while STX is classified in Technology Hardware, Storage & Peripherals.

Company profile comparison for Lumentum (LITE) and Seagate (STX)
Profile Item	LITE	STX
Name	Lumentum Holdings Inc.	Seagate Technology Holdings plc
Country/Region	United States	Singapore
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Technology Hardware & Equipment	Technology Hardware & Equipment
GICS Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
GICS Sub-Industry	Communications Equipment	Technology Hardware, Storage & Peripherals
Market Capitalization	48.84 billion USD	105.83 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	July 23, 2015	December 11, 2002
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LITE

STX

GSPC

Lumentum (LITE) vs. Seagate (STX), with S&P 500 (GSPC) for reference: 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 Lumentum (LITE) and Seagate (STX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Lumentum (LITE) and Seagate (STX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Total Return (1Y)	150.31%	83.77%
Total Return (3Y, Annualized)	147.76%	95.95%
Total Return (5Y, Annualized)	45.47%	42.73%

Risk Profile

Drawdown History

LITE

STX

GSPC

Lumentum (LITE) vs. Seagate (STX), with S&P 500 (GSPC) for reference: 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 Lumentum (LITE) and Seagate (STX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Volatility (1Y, Annualized)	101.27%	76.96%
Beta (5Y)	1.73	2.24
Max Drawdown (5Y)	-66.48%	-57.80%
Avg. Volume (3M)	5.27M	4.72M

Risk-Adjusted Performance

Risk-Return Positioning

LITE and STX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Sharpe Ratio (1Y)	1.44	1.03
Sortino Ratio (1Y)	2.14	1.51

Profitability

ROE (TTM)

Lumentum (LITE) reports a negative ROE of -245.79%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Seagate (STX) reports 259.35%, ranking against industry peers normally.

LITE

Technology Hardware & Equipment industry group

-245.79%

Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%
LITE: -245.79%

STX

Technology Hardware & Equipment industry group

259.35%

STX: 259.35%
Max: 42.47%
Q3: 19.13%
Median: 11.00%
Q1: 1.63%
Min: -20.62%

Lumentum (LITE) vs. Seagate (STX): A comparison of their ROE against the Technology Hardware & Equipment industry group benchmark.

Net Margin (TTM)

Lumentum (LITE) reports a negative net margin of -175.78%, usually indicating a net loss over the period. Meanwhile Seagate (STX) reports 31.86%, ranking against industry peers normally.

LITE

Technology Hardware & Equipment industry group

-175.78%

Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%
LITE: -175.78%

STX

Technology Hardware & Equipment industry group

31.86%

STX: 31.86%
Max: 27.60%
Q3: 11.66%
Median: 4.08%
Q1: 0.00%
Min: -11.02%

Lumentum (LITE) vs. Seagate (STX): A comparison of their net margin against the Technology Hardware & Equipment industry group benchmark.

Operating Margin (TTM)

Seagate (STX) at 48.85% shows unusually strong operating efficiency — above its industry’s operating margin range — and Lumentum (LITE) at 27.95% also operates in the top quartile.

LITE

Technology Hardware & Equipment industry group

27.95%

Max: 36.27%
LITE: 27.95%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

STX

Technology Hardware & Equipment industry group

48.85%

STX: 48.85%
Max: 36.27%
Q3: 18.36%
Median: 8.84%
Q1: 1.46%
Min: -21.39%

Lumentum (LITE) vs. Seagate (STX): A comparison of their operating margin against the Technology Hardware & Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
ROE (TTM)	-245.79%	259.35%
ROA (TTM)	9.19%	37.21%
Net Margin (TTM)	-175.78%	31.86%
Operating Margin (TTM)	27.95%	48.85%
Gross Margin (TTM)	47.98%	50.35%

Growth

Revenue Growth

Both companies are growing quickly, but Lumentum (LITE) at 83.22% is the standout with revenue growth above its industry range; Seagate (STX) at 34.06% also sits in the top quartile.

Lumentum (LITE) vs. Seagate (STX): A comparison of their Revenue Growth across different time periods.

EPS Growth

Seagate (STX) at 105.32% sits in the top EPS growth quartile, while Lumentum (LITE) at -25,224.32% falls below its industry range — a large difference in per-share earnings trajectories.

Lumentum (LITE) vs. Seagate (STX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Revenue Growth (YoY)	83.22%	34.06%
Revenue Growth (3Y CAGR)	19.48%	18.20%
EPS Growth (YoY)	-25,224.32%	105.32%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Both Lumentum (LITE) at 1.61 and Seagate (STX) at 1.82 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

LITE

Technology Hardware & Equipment industry group

1.61

Max: 5.34
Q3: 3.02
Median: 1.95
LITE: 1.61
Q1: 1.32
Min: 0.17

STX

Technology Hardware & Equipment industry group

1.82

Max: 5.34
Q3: 3.02
Median: 1.95
STX: 1.82
Q1: 1.32
Min: 0.17

Lumentum (LITE) vs. Seagate (STX): A comparison of their current ratio against the Technology Hardware & Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Lumentum (LITE) at 0.31 and Seagate (STX) at 0.77 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

LITE

Technology Hardware & Equipment industry group

0.31

Max: 1.76
Q3: 0.78
LITE: 0.31
Median: 0.24
Q1: 0.04
Min: 0.01

STX

Technology Hardware & Equipment industry group

0.77

Max: 1.76
Q3: 0.78
STX: 0.77
Median: 0.24
Q1: 0.04
Min: 0.01

Lumentum (LITE) vs. Seagate (STX): A comparison of their debt-to-equity ratio against the Technology Hardware & Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Current Ratio (MRQ)	1.61	1.82
Debt / Equity (MRQ)	0.31	0.77
Net Debt / EBITDA	-0.48	0.24

Dividends

Dividend Yield (TTM)

Lumentum (LITE) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Seagate (STX) reports a yield of 0.63%, ranking against industry peers normally.

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 0.73%
Q3: 0.31%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

STX

Technology Hardware & Equipment industry group

0.63%

Max: 0.73%
STX: 0.63%
Q3: 0.31%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lumentum (LITE) vs. Seagate (STX): A comparison of their dividend yield against the Technology Hardware & Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Lumentum (LITE) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Seagate (STX) reports a payout of 15.52%, ranking against industry peers normally.

LITE

Technology Hardware & Equipment industry group

0.00%

Max: 32.27%
Q3: 14.48%
LITE: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

STX

Technology Hardware & Equipment industry group

15.52%

Max: 32.27%
STX: 15.52%
Q3: 14.48%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Lumentum (LITE) vs. Seagate (STX): A comparison of their payout ratio against the Technology Hardware & Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
Dividend Yield (TTM)	0.00%	0.63%
Dividend Payout Ratio (TTM)	0.00%	15.52%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Seagate (STX) trades at 24.17 times trailing earnings, ranked against its peers, while Lumentum (LITE) has no P/E ratio this period.

LITE

Technology Hardware & Equipment industry group

Max: 69.48
Q3: 41.02
Median: 26.39
Q1: 19.36
Min: 6.07
LITE: --

STX

Technology Hardware & Equipment industry group

24.17

Max: 69.48
Q3: 41.02
Median: 26.39
STX: 24.17
Q1: 19.36
Min: 6.07

Lumentum (LITE) vs. Seagate (STX): LITE does not report P/E ratio, so it has no value marker; STX is benchmarked against the Technology Hardware & Equipment industry group.

P/S Ratio (TTM)

Both look expensive on sales: Seagate (STX) at 7.67 sits in the upper P/S ratio quartile, and Lumentum (LITE) at 13.05 prices even higher, above its industry range.

LITE

Technology Hardware & Equipment industry group

13.05

LITE: 13.05
Max: 11.30
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

STX

Technology Hardware & Equipment industry group

7.67

Max: 11.30
STX: 7.67
Q3: 5.82
Median: 2.56
Q1: 1.05
Min: 0.00

Lumentum (LITE) vs. Seagate (STX): A comparison of their P/S ratio against the Technology Hardware & Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Lumentum (LITE) at 10.67 sits in the upper P/B ratio quartile, and Seagate (STX) at 30.67 prices even higher, above its industry range.

LITE

Technology Hardware & Equipment industry group

10.67

Max: 10.75
LITE: 10.67
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

STX

Technology Hardware & Equipment industry group

30.67

STX: 30.67
Max: 10.75
Q3: 5.52
Median: 3.17
Q1: 1.79
Min: 0.33

Lumentum (LITE) vs. Seagate (STX): A comparison of their P/B ratio against the Technology Hardware & Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Lumentum (LITE) and Seagate (STX)
Metric	LITE	STX
P/E Ratio (TTM)	--	24.17
P/S Ratio (TTM)	13.05	7.67
P/B Ratio (MRQ)	10.67	30.67
Free Cash Flow Yield (TTM)	0.29%	2.17%