STT Stock Analysis: State Street | NYSE
Asset Management | NYSE, USA | Market Cap: 45.845m USD | 12M Return: 47% | US8574771031 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 391M
EPS Trend: 98.1%
Qual. Beats: 0
Rev. Trend: 92.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
State Street Corporation (NYSE: STT) is a global custody bank and asset servicer that provides financial products and services primarily to institutional investors. The company operates within the Asset Management & Custody Banks sub-industry, a concentrated sector in which a small number of large institutions dominate the safekeeping, settlement, and administration of institutional assets.
Its core service offerings include custody, accounting, and fund administration across traditional and alternative asset classes, alongside recordkeeping, transaction management, securities finance and prime services, foreign exchange, brokerage, and performance, risk, and compliance analytics. State Street also delivers front-to-back-office technology through its State Street Alpha platform, which integrates portfolio management, trading and execution, analytics, compliance tools, and data aggregation with third-party industry platforms.
In addition to servicing, the company provides investment management solutions spanning equity, fixed income, cash, multi-asset, and alternative strategies, as well as ETFs, custom-indexed, and managed fund products. Clients include mutual funds, collective investment funds, corporate and public retirement plans, insurance companies, wealth managers, foundations, and endowments. Founded in 1792 and headquartered in Boston, Massachusetts, State Street is among the oldest financial institutions in the United States and generates the majority of its revenue from fee-based servicing and management activities tied to client assets.
- Net interest income compresses as Fed cuts rates
- Servicing fees decline with lower AUM and market values
- SPDR ETF outflows pressure asset management segment revenue
| Net Income: 3.46b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 1.90 > 1.0 |
| NWC/Revenue: 343.4% < 20% (prev 306.1%; Δ 37.36% < -1%) |
| CFO/TA -0.01 > 3% & CFO -5.11b > Net Income 3.46b |
| Net Debt (-52.6b) to EBITDA (5.14b): -10.23 < 3 |
| Current Ratio: 17.56 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (289.0m) vs prev -4.37% < -2% |
| Gross Margin: 65.27% > 18% (prev 58.96%; Δ 6.31% > 0.5%) |
| Asset Turnover: 5.94% > 50% (prev 6.06%; Δ -0.13% > 0%) |
| Interest Coverage Ratio: 0.55 > 6 (EBIT TTM 4.38b / Interest Expense TTM 7.95b) |
| A: 0.20 (Total Current Assets 83.7b - Total Current Liabilities 4.77b) / Total Assets 403b |
| B: 0.08 (Retained Earnings 33.4b / Total Assets 403b) |
| C: 0.01 (EBIT TTM 4.38b / Avg Total Assets 387b) |
| D: 0.08 (Book Value of Equity 28.7b / Total Liabilities 375b) |
| Altman-Z'' = 1.71 = BBB |
| DSRI: 1.07 (Receivables 4.90b/4.48b, Revenue 23.0b/22.5b) |
| GMI: 0.90 (GM 58.96% / 65.27%) |
| AQI: 1.00 (AQ_t 0.78 / AQ_t-1 0.78) |
| SGI: 1.02 (Revenue 23.0b / 22.5b) |
| TATA: 0.02 (NI 3.46b - CFO -5.11b) / TA 403b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of October 16, 2026, the stock is trading at USD 167.60 with a total of 4,182,308 shares traded. Over the past week, the price has changed by -4.28%, over one month by -8.99%, over three months by -9.70% and over the past year by +47.01%.
Current recommended Stop Loss: 161.00 (which is 3.9% or 1.4 ATR below the current price).
State Street has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy STT.
- StrongBuy: 8
- Buy: 2
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 199.2 | 18.8% |
P/E Trailing = 15.3533
P/E Forward = 11.8906
P/S = 2.9587
P/B = 2.0006
P/EG = 0.6722
Revenue TTM = 23.0b USD
EBIT TTM = 4.38b USD
EBITDA TTM = 5.14b USD
Long Term Debt = 25.1b USD (from longTermDebt, last fiscal year)
Short Term Debt = 903.0m USD (from shortTermDebt, last quarter)
Debt = 26.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 122.0m
Net Debt = -52.6b USD (calculated: Debt 26.2b - CCE 78.8b)
Enterprise Value = 45.8b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.55 (Ebit TTM 4.38b / Interest Expense TTM 7.95b)
EV/FCF = -8.90x (Enterprise Value 45.8b / FCF TTM -5.15b)
FCF Yield = -11.23% (FCF TTM -5.15b / Enterprise Value 45.8b)
FCF Margin = -22.41% (FCF TTM -5.15b / Revenue TTM 23.0b)
Net Margin = 15.04% (Net Income TTM 3.46b / Revenue TTM 23.0b)
Gross Margin = 65.27% ((Revenue TTM 23.0b - Cost of Revenue TTM 7.98b) / Revenue TTM)
Gross Margin QoQ = 67.12% (prev 67.36%)
Tobins Q-Ratio = 0.11 (Enterprise Value 45.8b / Total Assets 403b)
Interest Expense / Debt = 30.39% (Interest Expense 7.95b / Debt 26.2b)
Taxrate = 21.06% (922.0m / 4.38b)
NOPAT = 3.46b (EBIT 4.38b * (1 - 21.06%))
Current Ratio = 17.56 (Total Current Assets 83.7b / Total Current Liabilities 4.77b)
Debt / Equity = 0.91 (Debt 26.2b / totalStockholderEquity, last quarter 28.7b)
Debt / EBITDA = -10.23 (Net Debt -52.6b / EBITDA 5.14b)
Debt / FCF = 10.22 (negative FCF - burning cash) (Net Debt -52.6b / FCF TTM -5.15b)
Total Stockholder Equity = 28.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.89% (Net Income 3.46b / Total Assets 403b)
RoE = 12.28% (Net Income TTM 3.46b / Total Stockholder Equity 28.1b)
RoCE = 8.22% (EBIT 4.38b / Capital Employed (Equity 28.1b + L.T.Debt 25.1b))
RoIC = 0.86% (NOPAT 3.46b / Invested Capital 402b)
WACC = 15.25% (E(45.8b)/V(72.0b) * Re(10.26%) + D(26.2b)/V(72.0b) * Rd(30.39%) * (1-Tc(0.21)))
Discount Rate = 10.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.05 | Cagr: -3.42%
[DCF] Fair Price = unknown (Cash Flow -5.15b)
EPS Correlation: 98.08 | EPS CAGR: 21.75% | SUE: 0.44 | # QB: 0
Revenue Correlation: 92.11 | Revenue CAGR: 9.99% | SUE: 0.68 | # QB: 0
EPS current Quarter (2027-03-31): EPS=3.39 | Chg30d=+1.41% | Revisions=+50% | Analysts=7
EPS current Year (2026-12-31): EPS=13.78 | Chg30d=+0.59% | Revisions=+25% | GrowthEPS=+33.8% | GrowthRev=+14.1%
EPS next Year (2027-12-31): EPS=15.49 | Chg30d=+1.15% | Revisions=+25% | GrowthEPS=+12.4% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +38% (up=15, down=6)