Financials State Street Corporation

Equities

STT

US8574771031

Investment Management & Fund Operators

Market Closed - Nyse 04:00:01 2024-05-28 pm EDT 5-day change 1st Jan Change
73.91 USD -1.96% Intraday chart for State Street Corporation -4.11% -4.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 28,763 25,677 34,004 28,464 23,903 22,712 - -
Enterprise Value (EV) 1 42,111 46,882 49,182 46,734 48,269 61,099 62,558 64,053
P/E ratio 13.8 x 11.5 x 12.9 x 10.8 x 13.9 x 9.98 x 8.78 x 8 x
Yield 2.5% 2.86% 2.34% 3.09% 3.41% 3.77% 4.03% 4.19%
Capitalization / Revenue 2.45 x 2.19 x 2.83 x 2.34 x 2 x 1.82 x 1.78 x 1.73 x
EV / Revenue 3.58 x 4.01 x 4.09 x 3.85 x 4.04 x 4.89 x 4.91 x 4.88 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.15 x 0.98 x 1.24 x 1.07 x 0.98 x 0.96 x 0.88 x 0.79 x
Nbr of stocks (in thousands) 363,623 352,798 365,629 366,940 308,584 301,259 - -
Reference price 2 79.10 72.78 93.00 77.57 77.46 75.39 75.39 75.39
Announcement Date 1/17/20 1/19/21 1/19/22 1/20/23 1/19/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,756 11,703 12,027 12,148 11,945 12,502 12,750 13,118
EBITDA - - - - - - - -
EBIT 1 3,100 3,329 3,378 3,604 2,987 3,216 3,298 -
Operating Margin 26.37% 28.45% 28.09% 29.67% 25.01% 25.73% 25.87% -
Earnings before Tax (EBT) 1 2,852 2,899 3,171 3,327 2,316 3,117 3,287 3,410
Net income 1 2,149 2,257 2,572 2,660 1,821 2,297 2,454 2,556
Net margin 18.28% 19.29% 21.39% 21.9% 15.24% 18.38% 19.25% 19.49%
EPS 2 5.750 6.320 7.190 7.190 5.580 7.557 8.590 9.425
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.980 2.080 2.180 2.400 2.640 2.839 3.041 3.159
Announcement Date 1/17/20 1/19/21 1/19/22 1/20/23 1/19/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 3,053 3,081 2,953 2,959 3,155 3,101 3,110 2,691 3,043 3,138 3,146 3,103 3,127 3,101 3,185
EBITDA - - - - - - - - - - - - - - -
EBIT 1 896 766 860 864 1,080 730 898 805 843 625 827.3 848.3 872 700 794
Operating Margin 29.35% 24.86% 29.12% 29.2% 34.23% 23.54% 28.87% 29.91% 27.7% 19.92% 26.3% 27.33% 27.89% 22.57% 24.93%
Earnings before Tax (EBT) 1 730 754 835 849 889 688 916 511 201 598 854.7 840 849.7 667.7 832.4
Net income 1 662 583 712 669 696 525 726 398 172 418 618.7 620.2 635.3 486 599
Net margin 21.68% 18.92% 24.11% 22.61% 22.06% 16.93% 23.34% 14.79% 5.65% 13.32% 19.67% 19.98% 20.32% 15.67% 18.81%
EPS 2 1.780 1.570 1.910 1.800 1.910 1.520 2.170 1.250 0.5500 1.370 1.999 2.055 2.144 1.660 2.198
Dividend per Share 2 0.5700 0.5700 0.5700 0.6300 0.6300 0.6300 0.6300 0.6900 0.6900 0.6900 0.6900 0.7344 0.7344 0.7250 0.7250
Announcement Date 1/19/22 4/14/22 7/15/22 10/18/22 1/20/23 4/17/23 7/14/23 10/18/23 1/19/24 4/12/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 13,348 21,205 15,178 18,270 24,366 38,387 39,846 41,341
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10% 10% 10.7% 11.1% 8.2% 10.4% 10.7% 11.1%
ROA (Net income/ Total Assets) 0.88% 0.81% 0.85% 0.86% 0.84% 0.86% 0.88% 0.8%
Assets 1 245,096 280,164 303,696 308,049 218,058 266,194 280,365 319,505
Book Value Per Share 2 68.80 74.20 74.80 72.20 78.80 78.60 85.80 95.10
Cash Flow per Share - 9.890 -18.70 10.50 - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/17/20 1/19/21 1/19/22 1/20/23 1/19/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
75.39 USD
Average target price
86.83 USD
Spread / Average Target
+15.18%
Consensus
  1. Stock Market
  2. Equities
  3. STT Stock
  4. Financials State Street Corporation