reports hero background
Updated: Jun 14, 2026
STT Logo

State Street

NYSE:STT·Stock Analysis Report
Day Range
$165.42 - $168.29
Market Cap
46.39B
P/E Ratio
16.7360
Avg Value
$130.11
Year Range
$96.16 - $164.05
$167.63$2.78 (1.69%)
1
General Information
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading.

With approximately $54 trillion in assets under custody and administration, and $5.7 trillion in assets under management, as of Dec. 31, 2025, State Street operates globally in more than 100 geographic markets and employs about 51,500 worldwide.

2
State Street (STT) Stock Graph
3
How We Grade State Street (STT)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade State Street (STT) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

71.01

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

24.65

Quality is a composite ranking that evaluates a company's operational efficiency and financial health by analyzing historical profitability metrics and fundamental strength indicators on a percentile basis relative to peers.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how State Street compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
AMPAmeriprise Financial
68.05
90.78
87.30
17.06
NTRSNorthern Trust
N/A
46.44
72.83
85.23
ARESAres Management
23.98
N/A
N/A
22.58
TROWT. Rowe Price Group
77.17
52.81
73.53
63.94
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 12 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $135.00 - $175.00 with an average of $159.88

-4.63%
Expected movement for State Street (STT) over the next 12 months
Based on these rankings

Recent Ratings for State Street (STT)

Wells Fargo
Date:
May 26, 2026
Action:
Maintains
Prev. Target:
$162.00
New Target:
$171.00
JP Morgan
Date:
May 11, 2026
Action:
Maintains
Prev. Target:
$137.50
New Target:
$158.50
Citigroup
Date:
May 8, 2026
Action:
Maintains
Prev. Target:
$150.00
New Target:
$172.00
Argus Research
Date:
Apr 21, 2026
Action:
Maintains
Prev. Target:
$140.00
New Target:
$168.00
Goldman Sachs
Date:
Apr 20, 2026
Action:
Maintains
Prev. Target:
$152.00
New Target:
$168.00
Morgan Stanley
Date:
Apr 20, 2026
Action:
Maintains
Prev. Target:
$155.00
New Target:
$166.00
RBC Capital
Date:
Apr 20, 2026
Action:
Maintains
Prev. Target:
$135.00
New Target:
$155.00
Keefe, Bruyette & Woods
Date:
Apr 20, 2026
Action:
Maintains
Prev. Target:
$157.00
New Target:
$175.00
Truist Securities
Date:
Apr 20, 2026
Action:
Maintains
Prev. Target:
$136.00
New Target:
$150.00
7
Valuation

Earnings History (3 years)

It is important to look at a companies earnings history to see not only if they are profitable, but if their earnings are growing.
As you can see from the chart above, STT's earnings have increased for the past three years, this is a positive sign for the stock.
8
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in State Street (STT) dividend yield on an annual basis.

-15.11%
State Street (STT) saw a decrease in its dividend yield since 2021
9
Past Performance
How has State Street (STT) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

State Street (STT) sharpe ratio over the past 5 years is 1.2588 which is considered to be above average compared to the peer average of 0.2934

10
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is STT's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Revenue
12.12
11.95
12.92
13.96
14.48
Operating Revenue
12.12
11.95
12.92
13.96
14.48
Cost Of Revenue
Gross Profit
Operating Expense
Selling General And Administration
4.48
4.70
4.85
5.00
5.11
Research and Development
Operating Income
Net Non-Operating Interest Income Expense
Other Income Expense
Other Non-Operating Income Expenses
Pre-Tax Income
3.33
2.32
3.40
3.73
3.88
Tax Provision
0.55
0.37
0.71
0.79
0.81
Net Income
2.77
1.94
2.69
2.94
3.06
Net Income Common Stockholders
2.66
1.82
2.48
2.72
2.83
Total Operating Income As Reported
Total Expenses
Net Income From Continuing And Discontinued Operation
2.77
1.94
2.69
2.94
3.06
Normalized Income
2.87
2.43
2.71
3.22
3.44
Interest Income
4.09
9.18
11.98
11.64
11.37
Interest Expense
1.54
6.42
9.05
8.68
8.29
Net Interest Income
2.54
2.76
2.92
2.96
3.08
EBIT
EBITDA
Reconciled Cost Of Revenue
Reconciled Depreciation
1.16
0.88
0.60
0.55
0.68
Normalized EBITDA
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.21
Tax Effect Of Unusual Items
-0.02
-0.13
-0.01
-0.07
-0.10
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Total Assets
301.45
297.26
353.24
366.05
392.17
Current Assets
Total Non-Current Assets
Total Liabilities Net Minority Interest
276.26
273.46
327.91
338.21
364.42
Current Liabilities
Other Non-Current Liabilities
Total Equity Gross Minority Interest
25.19
23.80
25.33
27.84
27.74
Stockholders Equity
Total Capitalization
37.85
39.28
48.48
52.86
52.98
Common Stock Equity
23.21
21.82
22.51
24.28
24.18
Net Tangible Assets
16.15
14.87
16.55
18.75
18.75
Working Capital
Invested Capital
40.13
43.14
55.51
53.12
53.40
Tangible Book Value
14.18
12.89
13.73
15.19
15.19
Total Debt
17.09
21.50
33.11
28.96
29.21
Net Debt
Share Issued
0.50
0.50
0.50
0.50
0.50
Ordinary Shares Number
0.35
0.30
0.29
0.28
0.28
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2022 ($)
2023 ($)
2024 ($)
2025 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
11.95
0.69
-13.21
11.90
-2.64
Net Income from Continuing Operations
2.77
1.94
2.69
2.94
3.06
Depreciation and Amortization
1.16
0.88
0.60
0.55
0.68
Deferred Tax
-0.06
-0.18
0.14
-0.09
-0.08
Deferred Income Tax
-0.06
-0.18
0.14
-0.09
-0.08
Stock-Based Compensation
Other Non-Cash Items
0.44
0.26
0.30
0.41
0.49
Change in Working Capital
7.63
-2.55
-17.10
8.02
-6.86
Change in Receivables
-0.16
-0.36
-0.22
-0.35
-0.42
Changes in Account Receivables
-0.16
-0.36
-0.22
-0.35
-0.42
Change in Inventory
Change in Payables and Accrued Expense
0.56
-0.13
0.74
-1.17
-0.09
Change in Payable
Change in Account Payable
Change in Other Current Assets
0.42
-1.84
1.67
-2.52
-5.41
Change in Other Current Liabilities
0.56
-0.13
Change in Other Working Capital
6.80
-0.22
-19.30
12.06
-0.94
Cash Flow from Continuing Investing Activities
6.82
12.74
-39.48
-12.99
-2.77
Net PPE Purchase and Sale
-0.73
-0.82
-0.93
-1.06
-1.10
Net Business Purchase and Sale
0.00
-0.19
-0.29
Purchase of Business
0.00
-0.19
-0.29
Net Investment Purchase and Sale
4.82
5.29
-5.63
3.49
5.34
Purchase of Investment
-26.84
-24.81
-44.45
-51.41
-47.01
Sale of Investment
31.66
30.09
38.82
54.90
52.35
Net Other Investing Changes
0.05
0.12
-0.33
0.64
0.81
Financing Cash Flow
-18.43
-13.35
51.79
2.38
7.27
Cash Flow from Continuing Financing Activities
-18.43
-13.35
51.79
2.38
7.27
Net Issuance Payments of Debt
4.13
4.24
10.66
-4.44
-7.60
Net Long-Term Debt Issuance
2.16
3.68
4.48
1.58
0.27
Long-Term Debt Issuance
3.73
6.22
6.52
5.72
3.11
Long-Term Debt Payments
-1.57
-2.54
-2.05
-4.14
-2.84
Net Short-Term Debt Issuance
1.97
0.56
6.18
-6.02
-7.87
Net Common Stock Issuance
-1.62
-3.88
-1.40
-1.31
-1.63
Common Stock Issuance
Common Stock Payments
-1.62
-3.88
-1.40
-1.31
-1.63
Cash Dividends Paid
-0.97
-0.97
-1.03
-1.12
-1.15
Net Other Financing Charges
-0.02
-0.02
-0.02
End Cash Position
13.21
15.68
13.52
17.87
19.73
Changes in Cash
0.34
0.08
-0.90
1.29
1.86
Beginning Cash Position
12.87
15.61
14.42
16.58
17.87
Capital Expenditure
-0.73
-0.82
-0.93
-1.06
-1.10
Issuance of Capital Stock
2.32
0.74
0.00
Issuance of Debt
5.70
6.78
12.70
5.72
3.11
Repayment of Debt
-1.57
-2.54
-2.05
-4.14
-2.84
Repurchase of Capital Stock
-1.62
-3.88
-2.90
-1.31
-1.63
Free Cash Flow
11.22
-0.13
-14.14
10.84
-3.74