State Street Corporation Common Stock (STT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$3.34	$3.65	+9.3%	—	—	—
Q4 26	$2.64	$2.84	+7.6%	—	—	—
Q3 26	$2.84	$2.97	+4.6%	—	—	—
Q2 26	$2.65	$2.78	+4.9%	—	—	—
Q1 26	$2.36	$2.53	+7.2%	—	—	—
Q4 25	$2.01	$2.04	+1.5%	—	—	—
Q3 25	$2.44	$2.6	+6.6%	—	—	—
Q2 25	$2.12	$2.26	+6.6%	—	—	—
Q1 25	$2.02	$2.15	+6.4%	—	—	—
Q4 24	$1.5	$1.69	+12.7%	—	—	—
Q3 24	$1.83	$2.04	+11.5%	—	—	—
Q2 24	$1.83	$1.93	+5.5%	—	—	—
Q1 24	$2.1	$2.17	+3.3%	—	—	—
Q4 23	$1.64	$1.52	-7.3%	—	—	—
Q3 23	$1.96	$2.07	+5.6%	—	—	—
Q2 23	$1.78	$1.82	+2.2%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$9.55	—	—	$14B	—
FY24	—	$8.33	—	—	$12.9B	—
FY23	—	$5.65	—	—	$11.9B	—
FY22	—	$7.28	—	—	$12.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$10.2B	$11.3B	$12.1B	$11.8B	$11.7B	$12B	$12.1B	$11.9B	$12.9B	$14B
YoY change	-1.48%	+10.4%	+7.68%	-3.09%	-0.53%	+2.85%	+0.81%	-1.48%	+8.15%	+8.1%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	10.2B	11.3B	12.1B	11.8B	11.7B	12B	12.1B	11.9B	12.9B	14B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4.5B	4.5B	4.9B	4.6B	4.4B	4.7B	4.5B	4.7B	4.9B	5B
Operating expenses	4.5B	4.5B	4.9B	4.6B	4.4B	4.7B	4.5B	4.7B	4.9B	5B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	2.1B	3B	3.1B	2.7B	2.9B	3.2B	3.3B	2.3B	3.4B	3.7B
Income tax	-22M	839M	508M	470M	479M	478M	553M	372M	708M	786M
Net income	2.1B	2.2B	2.6B	2.2B	2.4B	2.7B	2.8B	1.9B	2.7B	2.9B
Net margin	21%	19.1%	21.4%	19.1%	20.7%	22.4%	22.9%	16.3%	20.8%	21.1%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	5.03	5.32	6.48	5.81	6.4	7.3	7.28	5.65	8.33	9.55
Diluted EPS	4.97	5.24	6.4	5.75	6.32	7.19	7.19	5.58	8.21	9.4

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	2.7B	3B	3.1B	3.2B	3.2B	3.4B	3.3B	3.5B	3.5B	3.7B	3.8B	4B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.1B	1.1B	1.3B	1.1B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.4B	1.3B
Operating expenses	1.1B	1.1B	1.3B	1.1B	1.2B	1.3B	1.3B	1.2B	1.2B	1.3B	1.4B	1.3B
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	511M	201M	598M	912M	925M	960M	822M	889M	1.1B	918M	969M	1.4B
Income tax	89M	-9M	135M	201M	195M	177M	178M	196M	241M	171M	205M	305M
Net income	422M	210M	463M	711M	730M	783M	644M	693M	861M	747M	764M	1.1B
Net margin	15.7%	6.9%	14.8%	22.3%	23%	22.9%	19.6%	20%	24.3%	20.4%	20.1%	26.8%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	1.27	0.56	1.38	2.18	2.29	2.5	2.07	2.2	2.83	2.46	2.53	3.71
Diluted EPS	1.25	0.55	1.37	2.15	2.26	2.46	2.04	2.17	2.78	2.42	2.49	3.65

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	30.4B	36.6B	23.5B	29.3B	25.7B	32.8B	28.3B	—	29.2B	36.7B	49.4B
Enterprise value	-90.9B	-77.2B	-83.8B	-83.5B	-136.1B	-137.1B	-100.8B	—	-72.2B	-79.5B	-57.8B
Shares outstanding	391.5M	374.8M	372M	369.9M	352.9M	352.6M	365.2M	322.3M	297.9M	284.5M	284.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	14.2	17	9.05	13.1	10.6	12.2	10.2	—	10.9	12.5	16
P/S	2.98	3.25	1.93	2.49	2.2	2.73	2.34	—	2.26	2.63	3.29
P/B	1.43	1.64	0.95	1.2	0.98	1.2	1.12	—	1.15	1.32	2.07
EV/Sales	-8.91	-6.85	-6.91	-7.11	-11.6	-11.4	-8.31	—	-5.59	-5.69	-3.85
Earnings yield	7.04%	5.89%	11.1%	7.66%	9.42%	8.21%	9.79%	—	9.19%	8.02%	6.25%
FCF yield	5.51%	17.2%	40.8%	17%	11.6%	-22.9%	39.6%	—	-48.3%	29.5%	5.5%
PEG	—	—	—	—	—	—	—	—	—	—	0.23

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	34.3%
Net margin	21%	19.1%	21.4%	19.1%	20.7%	22.4%	22.9%	16.3%	20.8%	21.1%	23%
ROE	10.1%	9.66%	10.5%	9.18%	9.24%	9.84%	11%	8.17%	10.6%	10.6%	12.4%
ROA	—	—	—	—	—	—	—	—	0.76%	0.8%	0.87%
Return on tangible assets	—	—	—	—	—	—	—	—	0.8%	0.85%	0.86%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Debt / equity	0.61	0.57	0.57	0.55	0.68	0.5	0.68	0.9	1.31	1.04	0.02
Debt / assets	—	—	—	—	—	—	—	—	0.09	0.08	0.07
Effective tax rate	0%	28%	16.4%	17.3%	16.5%	15.1%	16.6%	16.1%	20.9%	21.1%	21.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	26.1	30.1	32.6	31.8	33.1	34.1	33.2	37.1	43.4	49.1	53.8
EPS (basic)	5.03	5.32	6.48	5.81	6.4	7.3	7.28	5.65	8.33	9.55	9.55
EPS (diluted)	4.97	5.24	6.4	5.75	6.32	7.19	7.19	5.58	8.21	9.4	11.2
Book value per share	54.2	59.5	66.5	66	74.2	77.6	69	73.8	85	97.8	87
FCF per share	4.28	16.8	25.7	13.4	8.42	-21.3	30.7	-0.39	-47.5	38.1	7.18
Cash per share	343.3	337.7	326.5	341	508.8	520.3	400.3	324.2	451.7	510.3	612.3
Capex per share	1.57	1.7	1.64	1.97	1.59	2.3	2.01	2.53	3.11	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	6.01%	5.65%	5.02%	6.21%	4.79%	6.74%	6.05%	6.83%	7.17%	—	—
Capex / operating cash flow	26.7%	9.23%	5.99%	12.9%	16.2%	-12.3%	6.15%	233.1%	-6.56%	—	—
Payout ratio	33.8%	35.6%	31.9%	41.5%	36.7%	32.2%	35%	49.9%	38.4%	38%	29.7%
Dividend yield	2.38%	2.1%	3.53%	3.18%	3.46%	2.64%	3.43%	—	3.53%	3.05%	1.87%

Yield

1.87%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.84

ex-dividend Jul 1, 2026

Payout ratio

30%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 1, 2026	$0.84
Apr 1, 2026	$0.84
Jan 2, 2026	$0.84

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$2.7B	$3B	$3.1B	$3.2B	$3.2B	$3.4B	$3.3B	$3.5B	$3.5B	$3.7B	$3.8B	$4B
YoY change	-9.06%	-2.84%	+1.19%	+2.6%	+18.1%	+12.1%	+4.65%	+8.71%	+11.5%	+7.47%	+15.6%	+16.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	134.4B	126.6B	121.5B	126.1B	179.5B	183.4B	146.2B	104.5B	134.6B	145.2B
Receivables	3.5B	3.4B	3.5B	3.7B	3.5B	3.5B	3.8B	4.4B	4.5B	5B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	2.1B	2.2B	2.2B	3.1B	2.9B	2.8B	2.8B	3.2B	3.5B	4B
Goodwill & intangibles	15.1B	15.3B	19.6B	19.2B	19B	18.9B	18.1B	17.9B	17.6B	18.2B
Total assets	—	—	—	—	—	—	—	—	353.2B	366B
Accounts payable	—	—	—	—	—	—	—	—	—	—
Short-term debt	1.6B	1.1B	3.1B	839M	4B	2.7B	4.3B	5.8B	9.8B	3.8B
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	11.4B	11.6B	11.1B	12.5B	13.8B	10.9B	12.8B	15.7B	23.3B	25.1B
Total liabilities	—	—	—	—	—	—	—	—	327.9B	338.2B
Shareholders' equity	21.2B	22.3B	24.7B	24.4B	26.2B	27.4B	25.2B	23.8B	25.3B	27.8B
Total debt	13B	12.8B	14.2B	13.3B	17.8B	13.6B	17.1B	21.5B	33.1B	29B
Net debt	-59.4B	-56.7B	-62.1B	-59B	-102.7B	-96.4B	-88.5B	-70.3B	-83B	-102.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	97B	104.5B	139.5B	114.6B	123.5B	134.6B	145.2B	140.8B	142.4B	145.2B	141.3B	158.8B
Receivables	4.3B	4.4B	4.8B	4.5B	4.7B	4.5B	5.3B	4.9B	5B	5B	5.5B	5.6B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	3.2B	3.2B	3.3B	3.4B	3.5B	3.5B	3.6B	3.8B	3.9B	4B	4.1B	4.7B
Goodwill & intangibles	17.7B	17.9B	17.7B	17.9B	18B	17.6B	17.6B	17.9B	17.7B	18.2B	18B	17.8B
Total assets	—	—	338B	325.6B	338.5B	353.2B	372.7B	376.7B	371.1B	366B	392.2B	418.4B
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—
Short-term debt	8M	5.8B	11.5B	13.6B	10B	9.8B	11.8B	9.8B	9.8B	3.8B	4B	4.4B
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	18.6B	15.7B	19.7B	19.7B	20.9B	23.3B	24.8B	25.9B	24.7B	25.1B	25.2B	25.7B
Total liabilities	—	—	—	300.8B	312.7B	327.9B	346B	349.4B	343.4B	338.2B	364.4B	390.1B
Shareholders' equity	23.6B	23.8B	24.4B	24.8B	25.8B	25.3B	26.7B	27.3B	27.6B	27.8B	27.7B	28.3B
Total debt	18.6B	21.5B	31.3B	33.3B	30.9B	33.1B	36.7B	35.8B	34.5B	29B	29.2B	30.1B
Net debt	-62.3B	-70.3B	-97.7B	-69.5B	-78.3B	-83B	-87.4B	-87.1B	-92.9B	-102.4B	-100.9B	-119.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	2.1B	2.2B	2.6B	2.2B	2.4B	2.7B	2.8B	1.9B	2.7B	2.9B
Depreciation & amortization	929M	1.1B	1.2B	1.3B	1.5B	1.6B	1.2B	882M	605M	554M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-923M	3.3B	6.1B	1.8B	-649M	-11.1B	7.6B	-2.5B	-17.8B	9.2B
Operating cash flow	2.3B	6.9B	10.2B	5.7B	3.4B	-6.6B	11.9B	350M	-14.1B	11.9B
Capital expenditure	-613M	-637M	-609M	-730M	-560M	-811M	-734M	-816M	-926M	—
Investing cash flow	-697M	1.1B	5.2B	-9.4B	-14.3B	-8.3B	4.1B	4.5B	-7.1B	3.8B
Dividends paid	-723M	-768M	-828M	-930M	-889M	-866M	-972M	-970M	-1B	-1.1B
Share repurchases	-1.5B	-1.4B	-474M	-2.4B	-1.1B	-1.4B	-1.6B	-3.9B	-2.9B	-1.3B
Financing cash flow	-1.9B	-3.9B	1.8B	-6.8B	1.8B	-8.2B	1.5B	-550M	9B	-6.1B
Net change in cash	-349M	4.1B	17.2B	-10.5B	-9.1B	-23.1B	17.6B	4.3B	-12.2B	9.6B
Free cash flow	1.7B	6.3B	9.6B	5B	3B	-7.5B	11.2B	-126M	-14.1B	10.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	422M	210M	463M	711M	730M	783M	644M	693M	861M	747M	764M	1.1B
Depreciation & amortization	223M	191M	181M	161M	144M	119M	88M	117M	159M	190M	217M	200M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-630M	3.7B	-3.8B	-7.2B	1.2B	-8B	933M	-11.4B	9.5B	10.2B	-15B	-6.5B
Operating cash flow	-72M	4.2B	-3.1B	-6.3B	2.1B	-6.9B	1.8B	-10.6B	7.9B	10B	-12.1B	-2.3B
Capital expenditure	-135M	-329M	-230M	-213M	-234M	-249M	-226M	-319M	—	—	—	—
Investing cash flow	2.5B	2.9B	-539M	-6.7B	3.2B	-3B	-5.6B	1.2B	3B	4.7B	-3.4B	324M
Dividends paid	-227M	-251M	-243M	-263M	-249M	-278M	-266M	-283M	-275M	-296M	-293M	-291M
Share repurchases	-1B	-493M	-1.2B	-213M	-963M	-565M	-157M	-314M	-416M	-419M	-485M	-422M
Financing cash flow	197M	1.9B	8.9B	-6.5B	-2.9B	1.5B	3.7B	-1.6B	-2B	-6.2B	-506M	252M
Net change in cash	2.7B	9B	5.3B	-19.5B	2.4B	-8.4B	-25M	-11B	8.8B	8.5B	-16B	-1.8B
Free cash flow	87M	3.9B	-1.1B	-7.9B	2.5B	-7.7B	2.2B	-8.8B	7.7B	9.8B	-12.4B	-3B

Date	Ratio
May 31, 2001	2:1
May 29, 1997	2:1
May 14, 1992	2:1
Aug 6, 1986	2:1
Aug 16, 1985	2:1
May 19, 1983	2:1
May 20, 1982	2:1

State Street Corporation Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history