profit from every $100 of sales.

State Street
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $16.09 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What State Street sold, what it kept, and what it did with the cash.
Sales went from $12.1 billion in 2022 to $14.0 billion in 2025, with $2.95 billion of profit last year.
State Street handed back 22% of the cash it generated last year.
State Street vs. similar companies
State Street grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
State Street | 16.1× · Fair price | ||
BlackRock | 34.1× · Expensive | ||
Blackstone | 49.9× · Expensive | ||
Investor | 8.5× · Cheap | ||
Brookfield | 71.8× · Very expensive |
AI analysis
An AI analyst reads State Street's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 11,703 | 12,027 | 12,125 | 11,945 | 12,919 | 13,965 | |
| – | – | – | – | – | – | |
| – | – | – | – | – | – | |
| – | – | – | – | – | – | |
| 2,420 | 2,693 | 2,774 | 1,944 | 2,687 | 2,945 | |
| 6.32 | 7.19 | 7.19 | 5.58 | 8.21 | 9.40 | |
| – | – | – | – | – | – | |
| – | – | – | – | – | – | |
| 20.7% | 22.4% | 22.9% | 16.3% | 20.8% | 21.1% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 314,706 | 314,624 | 301,450 | 297,258 | 353,240 | 366,047 |
| Cash | – | – | 105,625 | 91,712 | 116,102 | 131,363 |
| Total debt | 14,490 | 13,603 | 17,093 | 22,499 | 33,112 | 28,964 |
| Total liabilities | 288,506 | 287,261 | 276,259 | 273,459 | 327,914 | 338,206 |
| 26,200 | 27,363 | 25,191 | 23,799 | 25,326 | 27,841 | |
| 357 | 358 | 370 | 327 | 302 | 289 | |
| 6.4% | 6.1% | 9.1% | 14.9% | – | – | |
| 9.2% | 9.8% | 11.0% | 8.2% | 10.6% | 10.6% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,532 | -6,710 | 11,954 | 690 | -13,210 | 11,898 | |
| 560 | 811 | 734 | 816 | 926 | 1,055 | |
| 2,972 | -7,521 | 11,220 | -126 | -14,136 | 10,843 | |
| Dividends paid | 889 | 866 | 972 | 970 | 1,033 | 1,120 |
| – | – | 1,623 | 3,876 | 2,902 | 1,306 | |
| – | – | – | – | – | – |
Valuation
- 16.1×
- 14.0×
- 1.95
- 1.6×
- 3.4×
- 4.4×
- –
- 22.9%
- 6.2%
- 2.1%
Profitability
- 63.3%
- 17.0%
- 21.1%
- 19.1%
- 3.1%
- 5.2%
- 11.1%
- 0.8%
- 4.1%
- –
Growth
- +3.6%
- +8.3%
- +130.4%
- +8.4%
- −7.9%
Financial health
- -23.0×
- 1.04
- 7.7%
- 0.5×
- 0.66
- 0.66
- 0.06
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $160.44
- Range
- $144.00 – $170.00
- 8 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 17, 2026 | 2.84 | 2.64 | +7.6% |
| Jan 16, 2026 | 2.97 | 2.84 | +4.6% |
| Oct 17, 2025 | 2.78 | 2.64 | +5.3% |
| Jul 15, 2025 | 2.53 | 2.35 | +7.7% |
| Apr 17, 2025 | 2.04 | 2.00 | +2.0% |
| Jan 17, 2025 | 2.60 | 2.29 | +13.5% |
| Oct 15, 2024 | 2.26 | 2.12 | +6.6% |
| Jul 16, 2024 | 2.15 | 2.03 | +5.9% |
Paid per share, each year
$1.32 in 2015 → $3.12 in 2025
How safe it looks
38.0% of its profit
Room to growStretchedMore than it earns: 10.3%
News
Which Long-Term Bond ETF Is the Better Buy: State Street’s SPLB or iShares’ TLT?Yahoo Finance · Nov 11, 2026What State Street Tech Select SPDR (XLK) Sold: Apple Leads on Nov. 9Yahoo Finance · Nov 11, 2026State Street SPDR Portfolio S&P 500 (SPYM) Buys $23.9 Million More Apple on Nov. 5Yahoo Finance · Nov 9, 2026State Pension Funds Have at Least $578 Billion Riding on Tumbling AI StocksYahoo Finance · Nov 6, 2026State Department approves $2.1B Patriot missile sale to UkraineSeeking Alpha · Oct 30, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about State Street
Is State Street a good stock to buy?
A strong, very profitable business at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the State Street AI analysis
What does State Street do?
State Street Corporation provides various financial products and services to institutional investors. It is in Asset Management, based in Boston, MA, United States, with 51,503 employees.
Does State Street pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 38% of its yearly profit. In 2025 it paid out $1.12 billion in dividends.
Is State Street stock halal?
No. State Street does not pass our halal screen: its debt is 61% of its market value, at or above the 33% limit. How we check
How has State Street stock done over the past year?
Up 45.8% over the past twelve months, to $174.17. It traded between $112.84 and $194.26 and is 10.3% below its high.
Who are State Street's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with State Street's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



