State Street Corporation is one of the world’s leading providers of financial services to institutional investors, including investment servicing, markets and financing solutions and investment management. Our clients — asset managers and owners, insurance companies, wealth managers, official institutions and central banks — rely on us to deliver solutions that support their business objectives across the investment life cycle. Leveraging our strength and scale, innovation and platforms, and industry expertise, we are an essential partner to our clients. In all aspects of our business, we work toward a singular purpose: to help create better outcomes for the world’s investors and the people they serve.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 22.6B | 22.6B | 22.1B | 18.7B | 13.7B | 11.9B |
| Net Income | 2.7B | 2.7B | 2.5B | 1.8B | 2.7B | 2.6B |
| EPS | $9.40 | $9.40 | $8.21 | $5.58 | $7.19 | $7.19 |
| Free Cash Flow | 10.8B | 10.8B | -14.1B | -126M | 11.2B | -7.5B |
| ROIC | 5.5% | 5.3% | 5.1% | 4.3% | 6.6% | 6.3% |
| Gross Margin | 61.4% | 61.4% | 58.8% | 65.3% | 88.6% | 99.7% |
| Debt/Equity | 1.04 | 1.04 | 1.31 | 0.95 | 0.68 | 0.50 |
| Dividends/Share | $3.87 | $3.20 | $2.90 | $2.64 | $2.40 | $2.18 |
| Operating Income | 3.7B | 3.7B | 3.4B | -294M | 3.3B | 3.2B |
| Operating Margin | 16.5% | 16.5% | 15.3% | -1.6% | 24.3% | 26.6% |
| ROE | 9.8% | 10.2% | 9.8% | 7.7% | 10.6% | 9.4% |
| Shares Outstanding | 289M | 289M | 302M | 326M | 370M | 358M |
STATE STREET CORP passes 3 of 9 quality checks, indicating weak fundamentals.
STATE STREET CORP trades at 15.1x trailing earnings, compared to its 15-year median P/E of 11.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 3.6x vs a median of 4.6x. The company's 5-year average ROIC is 5.5% with a gross margin of 74.7%. Total shareholder yield (dividends + buybacks) is 5.7%. At current prices, the estimated annualized return to fair value is -5.8%.
STATE STREET CORP (STT) has a current P/E ratio of 15.1, compared to its historical median P/E of 11.8. The stock is currently considered Expensive based on its historical valuation range.
STATE STREET CORP (STT) has a 5-year average return on invested capital (ROIC) of 5.5%. This is below average and may indicate limited pricing power.
STATE STREET CORP (STT) has a market capitalization of $40.9B. It is classified as a large-cap stock.
Yes, STATE STREET CORP (STT) pays a dividend with a trailing twelve-month yield of 2.74%. The company also returns capital through share buybacks, with a buyback yield of 2.93%.
Based on historical P/E analysis, STATE STREET CORP (STT) appears expensive. The current P/E of 15.1 is 28% above its historical median of 11.8. The estimated fair value CAGR (P/E method) is 4.3%.
STATE STREET CORP (STT) operates in the State Commercial Banks industry, within the Financials sector.
STATE STREET CORP (STT) reported annual revenue of $22.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
STATE STREET CORP (STT) has a net profit margin of 12.0%. This is a healthy margin.
STATE STREET CORP (STT) generated $10.8 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
STATE STREET CORP (STT) has a debt-to-equity ratio of 1.04. This indicates moderate leverage.
STATE STREET CORP (STT) reported earnings per share (EPS) of $9.40 in its most recent fiscal year.
STATE STREET CORP (STT) has a return on equity (ROE) of 10.2%. This indicates moderate shareholder returns.
STATE STREET CORP (STT) has a 5-year average gross margin of 74.7%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for STATE STREET CORP (STT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
STATE STREET CORP (STT) has a book value per share of $96.32, based on its most recent annual SEC filing.
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