State Street Corp (STT)

State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities. The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments. The company was founded in 1792 and is headquartered in Boston, Massachusetts.

Symbol
STT
Exchange
NYSE
Sector
Financial Services
Industry
Asset Management
Market cap
$49.52B
52 week range
104.64 - 195.93

Valuation

Share price
$179.95 (close of 2026-09-23)
P/E (TTM)
15.65x
Price to book
1.75x
Price to free cash flow
24.52x
Enterprise value
$75.30B
Book value per share
$102.90

Price performance

PeriodChange
1 day-2.41%
5 days-2.80%
1 month-3.84%
3 months+3.58%
6 months+46.03%
Year to date+39.49%
1 year+59.32%
3 years+165.38%
5 years+109.58%
10 years+154.81%
All time+94610.52%

Profitability and growth

Return on equity
10.58%
Return on assets
0.80%
Net margin
21.12%
EBITDA margin
89.03%
Revenue growth
7.26%
Net income growth
9.60%
Free cash flow growth
176.70%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.08%
Net debt to EBITDA
2.09x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$13.94B
EBITDA
$12.41B
Net income
$2.94B
Earnings per share
$9.55
Interest expense
$8.68B
Shares outstanding
284.55M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$13.94B$2.94B$9.55
2024-12-31$13.00B$2.69B$8.33
2023-12-31$11.95B$1.94B$5.65
2022-12-31$12.15B$2.77B$7.28
2021-12-31$12.03B$2.69B$7.30
2020-12-31$11.70B$2.42B$6.40
2019-12-31$11.76B$2.24B$5.43
2018-12-31$12.13B$2.59B$6.46
2017-12-31$11.27B$2.16B$5.26
2016-12-31$10.21B$2.14B$5.03

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3121.12%10.58%
2024-12-3120.67%10.61%
2023-12-3116.27%8.17%
2022-12-3122.84%11.01%
2021-12-3122.39%9.84%
2020-12-3120.68%9.24%
2019-12-3119.07%9.18%
2018-12-3121.37%10.48%
2017-12-3119.14%9.66%
2016-12-3121.00%10.10%

Cash and debt by year

Period endCash
2025-12-31$4.43B
2024-12-31$3.15B
2023-12-31$4.05B
2022-12-31$3.97B
2021-12-31$3.63B
2020-12-31$3.47B
2019-12-31$3.30B
2018-12-31$3.21B
2017-12-31$2.00B
2016-12-31$1.20B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$10.84B-
2024-12-31$-14.14B-
2023-12-31$-126.00M-
2022-12-31$11.22B-
2021-12-31$-7.52B-
2020-12-31$2.97B-
2019-12-31$4.96B-
2018-12-31$9.57B$262.00M
2017-12-31$6.30B$243.00M
2016-12-31$1.68B$268.00M

Dividend history

Most recent payment
2026-07-01
Paid in the last twelve months
$3.36
Payment dateDividend per share
2026-07-01$0.84
2026-04-01$0.84
2026-01-02$0.84
2025-10-01$0.84
2025-07-01$0.76
2025-04-01$0.76
2025-01-02$0.76
2024-10-01$0.76

Investor relations

Next earnings report

Next confirmed report
2026-10-16
Consensus EPS estimate
$3.60

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-16Jun/2026$3.30
2026-04-17--
2026-01-16--
2025-10-17--
2025-07-15--
2025-04-17--
2025-01-17--
2024-10-15--

Filings and sources

Company website
statestreet.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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