State Street (STT) Net Margin (2009 - 2026)
State Street (STT) reported Net Margin of 18.57% for Q1 2026, up 39.0% on a YoY basis from 13.36% in Q1 2025, and down 1.01% quarter-over-quarter from 18.76% in Q4 2025.
State Street (STT) Net Margin (2009 - 2026) Analysis & Trends
State Street has reported Net Margin for 18 years, with the latest figure at 18.57% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 39.0% year-over-year to 18.57%; the trailing twelve-month figure through Mar 2026 stood at 19.54% (down 71.0% YoY), and the FY2025 full-year result was 19.49%, up 39.0% from the prior year.
- Net Margin for Q1 2026 stood at 18.57%, down from 18.76% in the prior quarter.
- The five-year high for Net Margin was 24.11% in Q2 2022, with the low at 5.65% in Q4 2023.
- Historically, Net Margin has averaged 18.88% across 5 years, with a median of 18.92% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 1641 bps — and 2024, when it soared 1568 bps.
- State Street's Net Margin stood at 22.06% in 2022, then sank by 74 bps to 5.65% in 2023, then soared by 277 bps to 21.34% in 2024, then retreated by 12 bps to 18.76% in 2025, then declined by 1 bps to 18.57% in 2026.
- The last three Net Margin figures came in at 18.57% (Q1 2026), 18.76% (Q4 2025), and 22.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 34.73% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 34.77% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 8.45% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | -38.15% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 18.57% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.73% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 37.97% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.72% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 8.40% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 35.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.57% |
| Dec 31, 2025 | 18.76% |
| Sep 30, 2025 | 22.62% |
| Jun 30, 2025 | 18.27% |
| Mar 31, 2025 | 18.18% |
| Dec 31, 2024 | 21.34% |
| Sep 30, 2024 | 20.93% |
| Jun 30, 2024 | 20.53% |
| Mar 31, 2024 | 13.32% |
| Dec 31, 2023 | 5.65% |
| Sep 30, 2023 | 14.79% |
| Jun 30, 2023 | 23.34% |
| Mar 31, 2023 | 16.93% |
| Dec 31, 2022 | 22.06% |
| Sep 30, 2022 | 22.61% |
| Jun 30, 2022 | 24.11% |
| Mar 31, 2022 | 18.92% |
| Dec 31, 2021 | 21.68% |
| Sep 30, 2021 | 23.18% |
| Jun 30, 2021 | 23.99% |