State Street Corporation

State Street Corporation is a financial holding company, providing a full range of products and services for large pools of investment assets. State Street operates in 3 lines of business, which are Investment Management, Investment Servicing, and Investment Research and Trading.

The State Street Global Advisors division serves as an investment advisor to investment companies globally. They offer investment strategies for clients of every size and investment objective.

The Company's newly formed State Street Alternative Investment Solutions operates under the Investment Servicing business, combines State Street Corporation’s hedge fund, private equity, and alternative risk offerings to provide a complete set of fund accounting, fund administration, and risk services to hedge funds and private equity funds.

Company Growth (employees)
Type
Public
HQ
Boston, US
Founded
1792
Size (employees)
34,817 (est)+5%
State Street Corporation was founded in 1792 and is headquartered in Boston, US

Key People at State Street Corporation

Joseph Hooley

Joseph Hooley

Chairman and Chief Executive Officer
Michael Rogers

Michael Rogers

President and Chief Operating Officer
Michael Bell

Michael Bell

Executive Vice President and Chief Financial Officer

State Street Corporation Office Locations

State Street Corporation has offices in Boston, Alameda, Irvine, Los Angeles and in 62 other locations
Boston, US (HQ)
1 Lincoln St
London, GB
20 Churchill Pl
Edinburgh, GB
Deutsche Bank House 525 Ferry Rd
Dubai, AE
1703 18 & 17 18 17 Street 12
Xinyi District, TW
Taipei City Hall
Altishofen, CH
3 Kantonsstrasse
Show all (79)

State Street Corporation Data and Metrics

State Street Corporation Financial Metrics

State Street Corporation's revenue was reported to be $2.7 b in Q1, 2017
USD

Revenue (Q1, 2017)

2.7 b

Net income (Q1, 2017)

502 m

EBIT (Q1, 2017)

510 m

Market capitalization (25-Jul-2017)

35.8 b

Cash (31-Dec-2016)

1.3 b

EV

45.9 b
State Street Corporation's current market capitalization is $35.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

9.9 b10.3 b10.4 b10.2 b

Revenue growth, %

4%1%(2%)

Sales and marketing expense

1.1 b1.2 b1.2 b1.3 b

Operating expense total

7.2 b7.8 b8.1 b8.1 b

Interest expense

411 m392 m400 m428 m

Pre tax profit

2.7 b2.4 b2.3 b2.1 b

Income tax expense

616 m415 m318 m(22 m)

Net Income

2.1 b2 b2 b2.1 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

2.6 b2.6 b2.6 b2.6 b2.6 b2.5 b2.6 b2.6 b2.7 b

Sales and marketing expense

300 m316 m301 m304 m287 m270 m293 m368 m382 m

Operating expense total

300 m316 m301 m304 m287 m270 m293 m368 m382 m

EBIT

510 m

EBIT margin, %

19%

Interest expense

89 m101 m96 m94 m101 m117 m99 m110 m140 m

Interest income

650 m

Pre tax profit

746 m688 m504 m478 m652 m430 m709 m636 m584 m

Income tax expense

124 m128 m95 m56 m68 m62 m92 m72 m82 m

Net Income

985 m1.5 b409 m831 m1.4 b368 m987 m1.6 b502 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.2 b1.9 b1.2 b1.3 b

Accounts Receivable

5.3 m

Inventories

4 m19.5 m917 k

Total Assets

243.3 b274.1 b245.2 b242.7 b

Accounts Payable

4.5 m42.8 m6.2 m

Total Debt

9.7 b10 b11.5 b11.4 b

Total Equity

20.4 b21.5 b21.1 b21.2 b

Debt to Equity Ratio

0.5 x0.5 x0.5 x0.5 x

Debt to Assets Ratio

0 x0 x0 x0 x

Financial Leverage

11.9 x12.8 x11.6 x11.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.1 b2 b2 b2.1 b

Accounts Receivable

641 k

Inventories

(32 k)(2.3 m)

Accounts Payable

(766 k)3.6 m832 k

Cash From Operating Activities

(2 b)(561 m)(1.4 b)2.3 b

Capital Expenditures

388 m427 m703 m613 m

Cash From Investing Activities

(14.1 b)(28.5 b)25 b4.2 b

Dividends Paid

(486 m)(539 m)(655 m)(723 m)

Cash From Financing Activities

16.7 b27.7 b(24.2 b)(6.4 b)

Interest Paid

416 m398 m385 m441 m

Income Taxes Paid

406 m358 m211 m371 m

Free Cash Flow

(2.4 b)(988 m)(2.1 b)1.7 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

985 m1.5 b409 m831 m1.4 b368 m987 m1.6 b502 m

Cash From Operating Activities

446 m(964 m)397 m(4.5 b)(4.8 b)2.9 b5 b2.3 b3.5 b

Cash From Investing Activities

(34.5 b)(23.9 b)(991 m)(16.8 b)29.8 b8 b(2.3 b)(5.6 b)3.2 b

Dividends Paid

(251 m)(396 m)(156 m)(308 m)(489 m)(184 m)(353 m)(541 m)(201 m)

Cash From Financing Activities

37.1 b25.8 b1.9 b22.6 b(23.2 b)(8.4 b)740 m5.6 b(5.1 b)
Y, 2017

EV/EBIT

90 x

EV/CFO

13.1 x

State Street Corporation Market Value History

State Street Corporation Job Categories

State Street Corporation Online and Social Media Presence

State Street Corporation Company Life and Culture

You may also be interested in