State Street Corporation(STT) Stock Research - Grey Stern Research

State Street Corporation (STT) Stock Analysis

$85.46 (2.62%)

STT Financial Performance


Use the table below to view State Street Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $82.58 -
52 Week Low $62.78 -
52 Week High $87.27 -
Market Cap $24.7 Billion 3/11
Gross Margin 98% 3/11
Profit Margin 14% 8/11
EBITDA margin 1% 10/11
Q2 - 2024 Revenue $5.2 Billion 2/11
Q2 - 2024 Earnings $710.0 Million 3/11
Q2 - 2024 Free Cash Flow -$1.3 Million 10/11
Trailing 4 Quarters Revenue $16.3 Billion 3/11
Trailing 4 Quarters Earnings $1.8 Billion 4/11
Quarterly Earnings Growth -7% 8/11
Annual Earnings Growth -27% 10/11
Quarterly Revenue Growth 69% 2/11
Annual Revenue Growth 31% 3/11
Cash On Hand $2.9 Billion 10/11
Short Term Debt $16.3 Billion 1/11
Long Term Debt $19.7 Billion 2/11

State Street Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare State Street Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 13.96 5/11
PS 1.51 9/11
PB 1.00 10/11
PC -8.51 11/11
Liabilities to Equity 12.15 2/11
ROA 0.01 9/11
ROE 0.07 10/11
Current Ratio 1.08 10/11
Quick Ratio -0.01 10/11
Long Term Debt to Equity 0.80 3/11
Debt to Equity 1.45 1/11
Burn Rate -0.70 5/11
Cash to Cap -0.12 10/11
CCR -1.88 10/11
EV to EBITDA 1077.66 1/11
EV to Revenue 3.90 7/11

Company Details

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

CEO: Mr. Ronald O'Hanley

Website: https://www.statestreet.com

Address: 1 Lincoln St Boston, MASSACHUSETTS

Exchange: New York Stock Exchange

Industry: Asset Management

State Street Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to State Street Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
The Bank of New York Mellon Corporation BK $52.0 Billion
Ares Capital Corporation ARCC $12.8 Billion
Franklin Resources, Inc. BEN $10.5 Billion
Janus Henderson Group plc JHG $5.9 Billion
T. Rowe Price Group, Inc. TROW $23.3 Billion
SEI Investments Company SEIC $8.7 Billion
Principal Financial Group, Inc. PFG $18.8 Billion
BlackRock, Inc. BLK $132.6 Billion
Affiliated Managers Group, Inc. AMG $5.2 Billion
Main Street Capital Corporation MAIN $4.3 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
STT Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 5.2 Billion $710.0 Million
Q1 2024 $ 5.3 Billion $463.0 Million
Q4 2023 $ 3.0 Billion $172.0 Million
Q3 2023 $ 2.7 Billion $422.0 Million
Q2 2023 $ 3.1 Billion $763.0 Million
Q1 2023 $ 3.1 Billion $549.0 Million
Q4 2022 $ 3.2 Billion $733.0 Million
Q3 2022 $ 3.0 Billion $669.0 Million

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STT Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $2.9 Billion $325.6 Billion $36.0 Billion $24.8 Billion
Q1 2024 $129.0 Billion $338.0 Billion $34.9 Billion $24.4 Billion
Q4 2023 $91.8 Billion $297.3 Billion $21.5 Billion $23.8 Billion
Q3 2023 $80.8 Billion $284.4 Billion $18.6 Billion $23.6 Billion
Q2 2023 $90.0 Billion $294.6 Billion $17.2 Billion $24.2 Billion
Q1 2023 $91.6 Billion $290.8 Billion $16.3 Billion $24.8 Billion
Q4 2022 $105.6 Billion $301.5 Billion $17.1 Billion $25.2 Billion
Q3 2022 $173.2 Billion $248.3 Billion $14.6 Billion $51.7 Billion

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STT Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 -$1.3 Billion -$230.0 Million -$515.0 Million
Q1 2024 -$1.1 Billion -$230.0 Million -$634.0 Million
Q4 2023 $3.9 Billion -$329.0 Million $38.0 Million
Q3 2023 $87.0 Million -$135.0 Million $79.0 Million
Q2 2023 -$1.0 Billion -$170.0 Million $232.0 Million
Q1 2023 -$3.0 Billion -$182.0 Million -$272.0 Million
Q4 2022 $6.8 Billion -$204.0 Million $1.2 Billion
Q3 2022 $4.5 Billion $0 -$767.0 Million

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