State Street Corporation

STT Financial Asset Management

State Street Corporation’s revenue for fiscal 2025 (year ended December 2025) was $22.6 billion, up 2.60% from fiscal 2024.

Revenue
+5.36%
EPS
+32.9%
Free cash flow
−75.1%
Total debt
+1.80%

Quarter to September 2026, against a year earlier

167.38 2.15 +1.30%
Market cap
$45.0B
P/E
13.3×
Fwd P/E
12.6×
Dividend yield
2.07%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

State Street Corporation (STT) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2021: revenue by regions, and margins
U.S. 6,630 55.11%
Non-U.S. 5,397 44.86%
Gross margin 99.98%
Operating margin 26.90%
Pre-tax margin 26.36%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022
Account Servicing 5,324 5,016 4,922 5,087
Net interest income 2,960 2,923 2,759 2,544
Management fees 2,398 2,124 1,876 1,939
Foreign exchange trading services 1,614 1,401 1,265 1,376
Software services 903 888 811 789
Securities finance 505 438 426 416
Other fee revenue 236 289 180 (1)
Total other income 4 (79) (294) (2)
Total fee revenue 10,980 10,156 9,480 9,606
Revenue 13,944 13,000 11,945 12,148

Revenue by segment $m

Line FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008
Investment Servicing 9,576 8,880 9,162 9,012 8,660 8,525 8,428 8,145 7,517 8,791
Investment Management 1,690 1,327 1,198 1,262 1,204 1,170 1,166 1,152 1,116 1,486
Other — — — — 0 (46) 0 (344) 7 418
United Kingdom — — — — — — — 1,160 — —
Divestitures — — — — — — — — — (2)
Eliminations — — — — — — — (1,160) — —
Revenue 11,266 10,207 10,360 10,274 9,864 9,649 9,594 8,953 8,640 10,693

Revenue by region $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016
U.S. 8,008 7,515 6,837 6,978 6,630 6,526 6,526 6,941 6,532 5,788
Non-U.S. 5,936 5,485 5,108 5,170 5,397 5,177 5,230 5,190 4,734 4,419
Revenue 13,944 13,000 11,945 12,148 12,027 11,703 11,756 12,131 11,266 10,207

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
AUC/A wins Q3 FY2026 $429.0B $361.0B +18.84%
Front office software and data ARR Q3 FY2026 $442.0M $402.0M +9.95%
New Alpha mandates Q1 FY2026 1.00 1.00 0.00%
New servicing fee revenue wins Q3 FY2026 $68.0M $47.0M +44.68%
Servicing fee revenue to be installed Q3 FY2026 $332.0M $401.0M −17.21%

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.