Seagate Technology vs Xerox Holdings
Seagate Technology is the larger business, with $12.20bn of revenue in fiscal 2026 against $7.02bn for Xerox Holdings (1.7 times as much). Seagate Technology grew faster (34.1% against 12.9%). Seagate Technology kept more of each dollar of sales as profit: a net margin of 26.1% against -14.7%. Seagate Technology carries less debt relative to equity (166.3% against 978.4%).
| Latest fiscal year | Seagate TechnologySTX, 2026 | Xerox HoldingsXRX, 2025 |
|---|---|---|
| Revenue | $12.20bn | $7.02bn |
| Revenue growth | 34.1% | 12.9% |
| Net income | $3.18bn | −$1.03bn |
| Operating margin | 33.6% | — |
| Net margin | 26.1% | -14.7% |
| Return on equity | — | -135.4% |
| Free cash flow | $3.10bn | $187m |
| Cash | $1.70bn | $512m |
| Total debt | $3.60bn | $4.34bn |
| Debt to equity | 166.3% | 978.4% |
| Dividend per share | $2.94 | — |
| Dividend yield | 0.5% | 17.5% |
| Share buybacks | $176m | $0 |
| Employees | 30,000 | 22,900 |
| Market value | $139.11bn | $164m |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 56 (Moderate) | 49 (Moderate) |
| Insider trades, 12 months | 0 buys, 716 sales | 0 buys, 0 sales |