State Street Corporation
NYSE:STT · New York Stock Exchange
-$1.52 today
Vol 2.85M · Avg 2.05M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:STT · Revenue to Net Income
Key Ratios
Analysis
$22.7B of revenue converted into $3.1B of net income for the selected period. Gross margin is 63.3% and net margin is 13.5%, showing how much revenue survives after costs and taxes. EPS is $9.85, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.6B +3.0% | $22.0B +19.6% | $18.4B +34.4% | $13.7B +13.6% | $12.0B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $8.7B -4.2% | $9.1B +41.2% | $6.5B +313.5% | $1.6B +5313.3% | -$30.0M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $13.9B +8.1% | $12.8B +7.9% | $11.9B -1.7% | $12.1B +0.4% | $12.1B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 61.4% +2.9pp | 58.5% -6.3pp | 64.8% -23.8pp | 88.6% -11.7pp | 100.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $5.3B +8.3% | $4.9B +3.2% | $4.7B +5.1% | $4.5B -3.9% | $4.7B | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $10.2B +7.5% | $9.4B -1.4% | $9.6B +9.2% | $8.8B -1.2% | $8.9B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $554.0M -8.4% | $605.0M -31.4% | $882.0M -23.7% | $1.2B -25.8% | $1.6B | $374.2M | $1.2B | $631.8M |
| EBITDA | $4.3B +7.1% | $4.0B +25.1% | $3.2B -28.7% | $4.5B -5.2% | $4.7B | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 18.9% +0.7pp | 18.2% +0.8pp | 17.4% -15.4pp | 32.8% -6.5pp | 39.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $3.7B +9.9% | $3.4B +46.6% | $2.3B -30.4% | $3.3B +4.9% | $3.2B | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 16.5% +1.0pp | 15.5% +2.8pp | 12.6% -11.7pp | 24.3% -2.0pp | 26.4% | 16.6% | 24.1% | 22.0% |
| Interest Income | $11.6B -2.8% | $12.0B +30.5% | $9.2B +124.6% | $4.1B +114.3% | $1.9B | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $8.7B -4.1% | $9.1B +41.0% | $6.4B +315.9% | $1.5B +51366.7% | $3.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $0 | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $3.7B +9.9% | $3.4B +46.6% | $2.3B -30.4% | $3.3B +4.9% | $3.2B | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 16.5% +1.0pp | 15.5% +2.8pp | 12.6% -11.7pp | 24.3% -2.0pp | 26.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $786.0M +11.0% | $708.0M +90.3% | $372.0M -32.7% | $553.0M +15.7% | $478.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | $2.9B +9.6% | $2.7B +38.2% | $1.9B -29.9% | $2.8B +3.0% | $2.7B | $4.9B | $4.8B | $4.7B |
| Net Margin | 13.0% +0.8pp | 12.2% +1.6pp | 10.6% -9.7pp | 20.3% -2.1pp | 22.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $10 +14.6% | $8 +47.4% | $6 -22.4% | $7 -0.3% | $7 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $9 +14.5% | $8 +47.1% | $6 -22.4% | $7 +0.0% | $7 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $284.5M -4.5% | $297.9M -7.6% | $322.3M -11.7% | $365.2M +3.6% | $352.6M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $289.0M -4.4% | $302.2M -7.5% | $326.6M -11.8% | $370.1M +3.4% | $358.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
BlackRock, Inc.
NYSE:BLK
$162.63B
The Bank of New York Mellon Corporation
BK
$97.40B
Blackstone Inc.
NYSE:BX
$96.05B
Ameriprise Financial, Inc.
NYSE:AMP
$42.03B
Northern Trust Corporation
NTRS
$31.92B
Principal Financial Group, Inc.
NASDAQ:PFG
$23.66B
T. Rowe Price Group, Inc.
NASDAQ:TROW
$22.93B
Franklin Resources, Inc.
NYSE:BEN
$17.16B
Ares Capital Corporation
NASDAQ:ARCC
$12.93B
Invesco Ltd.
NYSE:IVZ
$12.50B
SEI Investments Company
NASDAQ:SEIC
$10.73B
Affiliated Managers Group, Inc.
NYSE:AMG
$9.32B
Janus Henderson Group plc
NYSE:JHG
$7.99B
Main Street Capital Corporation
NYSE:MAIN
$4.74B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does STT generate?
State Street Corporation (STT) reported $22.63B of revenue in fiscal 2025.
Is STT profitable?
State Street Corporation (STT) reported $2.94B of net income, with a net margin of 13.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.