TORVANTA
Information Technology · S&P 500 · data as of 2026-10-05

STX stock analysis: Seagate

Seagate (STX) is an S&P 500 company in Technology Hardware, Storage & Peripherals. It grades strongest on growth and weakest on value.

The model's view of STX · subscribers

Where STX ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with STX · updated 2026-10-05 · from prices and SEC filings

STX price performance

STX against the S&P 500, one year
+0%+200%+400%STX +291%S&P 500 +18%2025-09-292026-10-05
Year to date+223.2%S&P 500 +14.5% · ahead by 208.7 pts
1 year+253.0%S&P 500 +17.0% · ahead by 236.0 pts
3 years+1313.3%S&P 500 +89.3% · ahead by 1224.1 pts
5 years+1100.5%S&P 500 +91.3% · ahead by 1009.2 pts

Total returns with dividends reinvested.

STX factor grades

Each grade compares STX with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C-ValueP/E 63.8x (industry 33.5x)FCF yield 1.5% (industry 3.3%)
A-GrowthRevenue growth +34% (industry +20%)EPS growth +105% (industry +78%)
BProfitabilityOperating margin 33.6% (industry 30.8%)ROIC 87.7% (industry 58.6%)
B-Momentum12-month change +253%From 52-wk high -19%

STX in plain numbers

STX key statistics

SectorInformation Technology
IndustryTechnology Hardware, Storage & Peripherals
IndexS&P 500
Market value$201.1B
Revenue growth (y/y)+34%
Free-cash-flow yield1.5%
Dividend yield0.3%
Next earnings (expected)2026-10-27
Valuation measures
Market value$201.1B
Enterprise value$202.9B
P/E (trailing)63.8x
Forward P/E (Torvanta estimate)45.8x
PEG (Torvanta estimate)1.17
Price / sales16.5x
Price / book92.8x
EV / revenue16.6x
EV / EBITDA46.4x
Financial highlights
Revenue, last 12 months$12.2B
Net income, last 12 months$3.2B
EPS, last 12 months (GAAP)$13.91
Gross margin45.6%
Operating margin33.6%
Net margin26.1%
Return on equity371.5%
Return on invested capital87.7%
Cash$1.7B
Total debt$3.6B
Debt / equity1.65x
Free cash flow, last 12 months$3.1B
Interest cover14.4x
Current ratio1.67x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

STX earnings trends

Revenue vs earnings
$0$907.2M$1.8B$2.7B$3.6BSep 2024 Revenue: $2.2BDec 2024 Revenue: $2.3BMar 2025 Revenue: $2.2BJun 2025 Revenue: $2.4BSep 2025 Revenue: $2.6BDec 2025 Revenue: $2.8BMar 2026 Revenue: $3.1BJun 2026 Revenue: $3.6BSep 2024 Net income: $305.0MDec 2024 Net income: $336.0MMar 2025 Net income: $340.0MJun 2025 Net income: $488.0MSep 2025 Net income: $549.0MDec 2025 Net income: $593.0MMar 2026 Net income: $748.0MJun 2026 Net income: $1.3BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 14.1%Net margin: 14.5%Net margin: 15.7%Net margin: 20.0%Net margin: 20.9%Net margin: 21.0%Net margin: 24.0%Net margin: 35.7%0%18%36%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$1.4$2.8$4.2$5.6Sep 2024 EPS (GAAP, diluted): $1.4Dec 2024 EPS (GAAP, diluted): $1.6Mar 2025 EPS (GAAP, diluted): $1.6Jun 2025 EPS (GAAP, diluted): $2.3Sep 2025 EPS (GAAP, diluted): $2.4Dec 2025 EPS (GAAP, diluted): $2.6Mar 2026 EPS (GAAP, diluted): $3.3Jun 2026 EPS (GAAP, diluted): $5.6Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +72% · Dec 2025 +68% · Mar 2026 +108% · Jun 2026 +149%

From the company's 10-Q and 10-K filings with the SEC.

Seagate financials (from SEC filings)

Fiscal yearFY2022FY2023FY2024FY2025FY2026
Revenue$11.7B$7.4B$6.6B$9.1B$12.2B
Net income$1.6B-$529.0M$335.0M$1.5B$3.2B
EPS (GAAP)$7.35$-2.56$1.58$6.78$13.91
Free cash flow$1.3B$626.0M$664.0M$818.0M$3.1B

STX earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-28$5.61+149%+48%-5.1%
2026-04-28$3.27+108%+44%+8.5%
2026-01-27$2.60+68%+22%+23.2%
2025-10-28$2.43+72%+21%+15.0%
2025-07-30$2.25-7%+30%+3.3%
2025-07-29$2.25-7%+30%-1.6%

About Seagate

HeadquartersSingapore, Singapore
Industry (SEC code)Computer Storage Devices
Fiscal year endsJune 27
Listed onNasdaq
FormerlySeagate Technology plc, SEAGATE TECHNOLOGY, Seagate Technology, SEAGATE TECHNOLOGY HOLDINGS

From the company's SEC registration record.

Companies similar to STX

CompanyMarket valueP/ERevenue growthOperating margin12-month change
STX Seagate$201.1B63.8x+34%33.6%+253%
SNDK Sandisk$249.5B23.3x+175%61.2%+1227%compare
WDC Western Digital$159.2B18.2x-3%34.5%+237%compare
HPE Hewlett Packard Enterprise$90.7B35.4x+27%6.2%+185%compare
P Everpure$47.9B197.1x+27%5.3%+66%
NTAP NetApp$44.0B31.6x-1%28.5%+91%
HPQ HP Inc$28.4B12.1x+8%5.4%+24%

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Frequently asked questions

Is STX stock a buy?

Torvanta does not tell individuals what to buy. Its grades for STX are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is STX's P/E ratio?

STX trades at about 63.8 times its last 12 months of GAAP earnings reported to the SEC, and about 45.8 times Torvanta's own estimate of the next 12 months.

When does STX report earnings next?

Based on its filing history, Torvanta expects Seagate to report around 2026-10-27.

Does STX pay a dividend?

Yes. Its dividend yield is about 0.3%, and it has raised its dividend 2 years in a row.

How has STX performed against the S&P 500?

Over the past year STX returned +253.0%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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