State Street (STT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

State Street

NYSE•Financial Services•Asset Management

$183.07+0.17(<0.01%)Pre-market

Market Cap

$50.55B

P/E

14.6x

P/S

3.4x

P/B

1.8x

State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities. The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments. The company was founded in 1792 and is headquartered in Boston, Massachusetts.

How this company scores

GoodMetricSide Score: 73/100

Strongest: Profitability (23/25); weakest: Cash & Earnings Quality (13/25).

Profitability23/25

Growth23/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality13/25

Strengths

Strong marginsRising earningsProfit converts from growthConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.6x5y range 8.3x – 14.6x

Currently above its 20-quarter median.

P/S · 3.4x5y range 1.7x – 3.4x

Currently above its 20-quarter median.

P/B · 1.8x5y range 0.9x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Cash Burn

Watch

4 of the last 8 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.

Price & Volume

Market Cap $50.55B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.06B
Q. Revenue: $4.05B
TTM EBITDA: $4.38B
TTM Op. Income: $4.38B
Q. Op. Income: $1.39B
TTM Net Income: $3.46B
Q. Net Income: $1.08B
EPS: $3.71
Shares Out.: $276.15M

$15.06B in TTM revenue grew 12.3% YoY, reaching $4.05B last quarter. TTM EBITDA of $4.38B and TTM operating income of $4.38B show growth is flowing through to the bottom line. TTM net income of $3.46B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 34.3%
Op. Margin: 34.3%
Net Margin: 26.8%

Op. margin of 34.3% is up 8.5% YoY — cost efficiency is improving. Net margin at 26.8% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.6x
P/S Ratio: 3.4x
P/B Ratio: 1.8x

At 14.6x P/E, the stock trades below typical market levels. P/S of 3.4x and P/B of 1.8x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is up 37% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $418.38B
Cash: $4.29B
Long-Term Debt: $25.70B
Book Value: $28.27B
D/E Ratio: 0.9
Debt/EBITDA: 18.5

With $418.38B in assets and $25.70B in long-term debt, D/E is 0.9and book value is $28.27B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 4% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-2.33B
TTM Free Cash Flow: $2.02B
FCF Margin: 13.4%
FCF / Net Income: 0.6

TTM FCF of $2.02B on $-2.33B in operating cash flow. The FCF / Net Income ratio of 0.6x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is up 117% — an improving trend.