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State Street

STT

State Street Corporation is a leading global provider of financial services to institutional investors, offering a comprehensive suite of investment servicing, management, and market solutions.

Market cap
$49.8B+58.3%
Revenue$14.5B+10.0%
Net income$3.1B+6.9%
Free cash flow-$3.7B+74.1%
EPS (diluted)$9.86+10.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 16, 2026 (In 1 week)
Revenue estimate$3.8B
EPS estimate$3.18

Financials

Q1 2026

Income statement

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Revenue$3.8B+15.6%
Net income$764.0M+18.6%
EPS (diluted)$2.49+22.1%

Balance sheet

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Cash & equivalents$6.5B+39.9%
Total debt$25.2B+1.6%
Total equity$27.7B+3.9%
Total assets$392.17B+5.2%

Cash flow

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Operating cash flow-$12.1B-607%
CapEx$270.0M+19.5%
Free cash flow-$12.4B-672%

Valuation & ratios

Valuation

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Market cap$49.8B+58.3%
Enterprise value$68.52B+29.0%
P/E16.3×+5.3×
P/S3.5×+1.1×

Profitability

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Net margin21.2%-0.6pp
FCF margin-25.9%

Returns & leverage

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Return on equity11.3%0.0pp
Debt / equity0.9×0.0×

Segments

By product

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Account Servicing$1.4B+10.5%
Management fees$724.0M+23.3%
Foreign exchange trading services$435.0M+29.1%
Software services$169.0M+7.0%
Securities finance$116.0M+1.8%

By segment

See full
Investment Servicing$3.1B+13.7%
Investment Management$741.0M+24.3%

Competitors

Profile

State Street Corporation is a leading global provider of financial services to institutional investors, offering a comprehensive suite of investment servicing, management, and market solutions. The company supports the entire investment life cycle for asset managers, insurance companies, and central banks through its specialized trust and custody banking model. Its core value proposition centers on leveraging scale and technology to enhance operational efficiency and investment outcomes for the world's largest financial institutions.

Competitive position

A leading global Global Systemically Important Bank (G-SIB) and one of the world's largest custody banks and asset managers.

GeographiesAmericas, Europe, Middle East, Asia-Pacific
Customer segmentsInstitutional investors, Asset managers, Insurance companies, Central banks
Business modelAsset-based fees, Transaction-based fees, Software-as-a-Service (SaaS), B2B services
SuppliersTechnology infrastructure providers, Blockchain network operators, Market data providers, Regulatory bodies
CustomersPension funds, Sovereign wealth funds, Retail investment platforms, Corporate treasuries
Listed1975
Employees46.0K
CEORonald Philip O'Hanley
FilingsSEC EDGAR

Questions, answered.

What is State Street's market cap?
State Street (STT) has a market capitalization of $49.8B and trades on NYSE.
What is State Street's revenue and profitability?
State Street generated $14.5B in trailing twelve-month revenue with net income of $3.1B, representing a net margin of 21.2%, with free cash flow of -$3.7B. These figures are based on the Q1 2026 filing.
Who are State Street's competitors?
State Street's key competitors include Northern Trust Corporation, BlackRock, Inc., JPMorgan Chase & Co., and others. These companies compete in similar markets and product categories.
What subsidiaries does State Street have?
State Street's subsidiaries include State Street Bank and Trust Company, Charles River Development.
Where is State Street headquartered?
State Street is headquartered in United States of America and employs approximately 46,000 people. It has been publicly traded since 1975.