State Street STT EBITDA margin

EBITDA margin at other companies

JPMorgan ChaseJPM

97.3%-4.8pp

Northern TrustNTRS

141.5%-6.5pp

SS&C TechnologiesSSNC

34.2%-0.3pp

BlackrockBLK

36.9%-2.1pp

T Rowe Price GroupTROW

36.2%-0.3pp

BEN

Franklin ResourcesBEN

10.7%+2.3pp

Questions, answered.

What does EBITDA margin mean?

Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.

How do you interpret EBITDA margin?

Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.

How does EBITDA margin compare across companies?

Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.