Non-Current Assets
PP&E (Net)
State Street PP&E (Net) increased by 3.2% to $2.62B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 12.3%, from $2.33B to $2.62B. Over 3 years (FY 2020 to FY 2023), PP&E (Net) shows an upward trend with a 3.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
Detailed definition
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Peer comparison
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
Metric ID:
property_plant_equipment_netHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.17B | $2.19B | $2.26B | $2.23B | $2.24B | $2.28B | $2.32B | $2.34B | $2.35B | $2.33B | $2.40B | $2.48B | $2.54B | $2.62B |
| QoQ Change | — | +1.0% | +3.2% | -1.4% | +0.5% | +1.9% | +1.4% | +1.0% | +0.5% | -0.6% | +2.8% | +3.3% | +2.4% | +3.2% |
| YoY Change | — | — | — | — | +3.3% | +4.2% | +2.4% | +4.8% | +4.9% | +2.2% | +3.6% | +6.1% | +8.1% | +12.3% |
Range$2.17B – $2.62B
CAGR+6.0%
Avg YoY Growth+5.2%
Median YoY Growth+4.5%
Current Streak4 quarters growth
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is State Street's pp&e (net)?
- State Street (STT) reported pp&e (net) of $2.62B in Q3 2024.
- How has State Street's pp&e (net) changed year-over-year?
- State Street's pp&e (net) increased by 12.3% year-over-year, from $2.33B to $2.62B.
- What is the long-term trend for State Street's pp&e (net)?
- Over 3 years (2020 to 2023), State Street's pp&e (net) has grown at a 3.7% compound annual growth rate (CAGR), from $2.15B to $2.40B.
- What does pp&e (net) mean?
- The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.