State Street (STT) Payables (2011 - 2024)
State Street (STT) reported Payables of $247.4 billion for Q3 2024, up 16.16% on a YoY basis from $213.0 billion in Q4 2023, and up 3.46% quarter-over-quarter from $239.2 billion in Q2 2024.
State Street (STT) Payables (2011 - 2024) Analysis & Trends
State Street has reported Payables for 14 years, with the latest figure at $247.4 billion in Q3 2024.
- For the quarter ending Q3 2024, Payables rose 16.16% year-over-year to $247.4 billion; the trailing twelve-month figure through Sep 2024 stood at $247.4 billion (up 16.16% YoY), and the FY2023 full-year result was $221.0 billion, down 6.16% from the prior year.
- Payables for Q3 2024 stood at $247.4 billion, up from $239.2 billion in the prior quarter.
- The five-year high for Payables was $264.0 billion in Q2 2021, with the low at $197.5 billion in Q3 2020.
- Historically, Payables has averaged $237.0 billion across 5 years, with a median of $239.8 billion in 2020.
- Annual changes were most pronounced in 2020 — Payables jumped 58.25% — and 2023, when it dropped 10.92%.
- State Street's Payables stood at $239.8 billion in 2020, then advanced by 6.35% to $255.0 billion in 2021, then slipped by 7.67% to $235.5 billion in 2022, then declined by 6.16% to $221.0 billion in 2023, then increased by 11.97% to $247.4 billion in 2024.
- The last three Payables figures came in at $247.4 billion (Q3 2024), $239.2 billion (Q2 2024), and $251.9 billion (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 2.10 Bn |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 3.11 Bn |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 19.18 Bn |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 3.86 Bn |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 2.51 Bn |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 139.70 Bn |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 62.42 Bn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | -15.37 Mn |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 18.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 247.43 Bn |
| Jun 30, 2024 | 239.16 Bn |
| Mar 31, 2024 | 251.88 Bn |
| Dec 31, 2023 | 220.97 Bn |
| Sep 30, 2023 | 213.00 Bn |
| Jun 30, 2023 | 222.32 Bn |
| Mar 31, 2023 | 223.63 Bn |
| Dec 31, 2022 | 235.46 Bn |
| Sep 30, 2022 | 238.24 Bn |
| Jun 30, 2022 | 241.91 Bn |
| Mar 31, 2022 | 251.04 Bn |
| Dec 31, 2021 | 255.04 Bn |
| Sep 30, 2021 | 259.37 Bn |
| Jun 30, 2021 | 263.97 Bn |
| Mar 31, 2021 | 244.89 Bn |
| Dec 31, 2020 | 239.80 Bn |
| Sep 30, 2020 | 197.51 Bn |
| Jun 30, 2020 | 200.46 Bn |
| Mar 31, 2020 | 257.10 Bn |
| Dec 31, 2019 | 181.87 Bn |