SuperworthState Street Corporation STT
Asset Management, Financial Services
$173.81
−0.22%
- Market cap
- $47.7B
- PE
- 15.4×
- 10y median 13.1×
- Forward PE
- Revenue, 12 months
- $15.1B
- +12% on a year ago
- Net margin
- 23.0%
State Street trades at 15.4× trailing earnings, pricier than 75% of the last ten years. Revenue was $15.1B over the last twelve months, up 12% on a year earlier with a 23% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $3B | $3.1B | $3.2B | $3.3B | $3.4B+12% | $3.3B+5% | $3.4B+8% | $3.5B+9% | $3.7B+8% | $3.8B+16% | $4B+17% | |
| SG&A | $1.1B | $1.3B | $1.1B | $1.2B | $1.3B+13% | $1.3B+1% | $1.2B+8% | $1.2B+3% | $1.5B+22% | $1.4B+9% | $1.3B+11% |
| $201M | $598M | $912M | $925M | $960M+378% | $822M+38% | $889M−3% | $1.1B+19% | $918M−4% | $969M+18% | $1.4B+56% | |
| Interest expense | $1.9B | $2.2B | $2.3B | $2.4B | $2.3B+18% | $2.2B+2% | $2.3B+3% | $2.2B−7% | $1.9B−14% | $1.8B−18% | $2B−15% |
| Pre-tax income | $201M | $598M | $912M | $925M | $960M+378% | $822M+38% | $889M−3% | $1.1B+19% | $918M−4% | $969M+18% | $1.4B+56% |
| −$9M | $135M | $201M | $195M | $177M | $178M+32% | $196M−3% | $241M+24% | $171M−3% | $205M+15% | $305M+56% | |
| Net income | $210M | $463M | $711M | $730M | $783M+273% | $644M+39% | $693M−3% | $861M+18% | $747M−5% | $764M+19% | $1.1B+56% |
| $0.55 | $1.37 | $2.15 | $2.26 | $2.46+347% | $2.04+49% | $2.17+1% | $2.78+23% | $2.41−2% | $2.49+22% | $3.65+68% | |
| 310.4M | 305.9M | 304.8M | 301.8M | 296.4M−5% | 292.7M−4% | 290.5M−5% | 288.2M−5% | 289M−3% | 282.9M−3% | 281.1M−3% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Asset Management within ten times State Street's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| STTState Street Corporation | $47.9B | 15.4× | 13.1× | — | +12% | 23.0% | |
| AMPAmeriprise Financial, Inc. | $43.3B | 11.8× | 13.8× | 2.2× | +9% | 19.9% | |
| ARESAres Management Corporation | $38.2B | 48.0× | 54.1× | 6.4× | +24% | 10.6% | |
| APOApollo Global Management, Inc. | $68.2B | 26.0× | 16.6× | — | +41% | 5.2% | |
| BAMBrookfield Asset Management Ltd. | $71.1B | 25.9× | 33.4× | 12.4× | +32% | 53.4% | |
| NTRSNorthern Trust Corporation | $30.8B | 14.4× | 15.5× | — | — | 24.8% | |
| RJFRaymond James Financial, Inc. | $30.2B | 13.7× | 15.1× | 1.8× | +8% | 13.6% | |
| KKRKKR & Co. Inc. | $80.5B | 28.2× | 16.8× | — | +31% | 14.8% | |
| BXBlackstone Inc. | $83.9B | 25.0× | 26.3× | 5.2× | +17% | 21.8% | |
| PFGPrincipal Financial Group, Inc. | $23.3B | 15.4× | 11.6× | 1.5× | +4% | 9.9% | |
| TROWT. Rowe Price Group, Inc. | $22.2B | 10.4× | 14.4× | 2.9× | +7% | 29.3% | |
| Peer median | $40.8B | 20.2× | 16.1× | 2.9× | +17% | 17.3% |
About
- Industry
- Asset Management
- Sector
- Financial Services
- Left out
- Banks earn on their balance sheet: P/S, gross margin, free cash flow and EV/EBIT don't describe them.
Valuation data, not investment advice. Prices as of .