KPIs & Operating Metrics(New)

State Street (STT) Rent Expense (2009 - 2026)

State Street posted quarterly Rent Expense of $101.0 million for Q1 2026, down 1.94% year-on-year from $103.0 million in Q1 2025, and down 41.62% on a QoQ basis from $173.0 million in Q4 2025.

State Street (STT) has 18 years of Rent Expense data on file, last reported at $101.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Rent Expense fell 1.94% year-over-year to $101.0 million; the trailing twelve-month figure through Mar 2026 stood at $485.0 million (up 10.98% YoY), and the FY2025 full-year result was $487.0 million, up 11.44% from the prior year.
  • Rent Expense for Q1 2026 stood at $101.0 million, down from $173.0 million in the prior quarter.
  • Across five years, Rent Expense topped out at $173.0 million in Q4 2025 and bottomed at $94.0 million in Q1 2023.
  • The 5-year median for Rent Expense is $103.0 million (2023), against an average of $108.5 million.
  • The widest annual swing landed in 2022, when Rent Expense decreased 20.3%; it then soared 40.65% in 2025.
  • A 5-year view of Rent Expense shows it stood at $106.0 million in 2022, then grew by 20.75% to $128.0 million in 2023, then slipped by 3.91% to $123.0 million in 2024, then jumped by 40.65% to $173.0 million in 2025, then plunged by 41.62% to $101.0 million in 2026.
  • The last three Rent Expense figures came in at $101.0 million (Q1 2026), $173.0 million (Q4 2025), and $106.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - 37.84 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - 101.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - 51.30 Mn
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Raymond James Financial 28.62 Bn 17.38 Bn - 80.00 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 101.00 Mn
Mar 31, 2026 101.00 Mn
Dec 31, 2025 173.00 Mn
Dec 31, 2025 173.00 Mn
Sep 30, 2025 106.00 Mn
Sep 30, 2025 106.00 Mn
Jun 30, 2025 105.00 Mn
Jun 30, 2025 105.00 Mn
Mar 31, 2025 103.00 Mn
Mar 31, 2025 103.00 Mn
Dec 31, 2024 123.00 Mn
Dec 31, 2024 123.00 Mn
Sep 30, 2024 105.00 Mn
Sep 30, 2024 105.00 Mn
Jun 30, 2024 106.00 Mn
Jun 30, 2024 106.00 Mn
Mar 31, 2024 103.00 Mn
Mar 31, 2024 103.00 Mn
Dec 31, 2023 128.00 Mn
Dec 31, 2023 128.00 Mn
Sep 30, 2023 101.00 Mn
Sep 30, 2023 101.00 Mn
Jun 30, 2023 103.00 Mn
Jun 30, 2023 103.00 Mn
Mar 31, 2023 94.00 Mn
Mar 31, 2023 94.00 Mn
Dec 31, 2022 106.00 Mn
Dec 31, 2022 106.00 Mn
Sep 30, 2022 97.00 Mn
Sep 30, 2022 97.00 Mn
Jun 30, 2022 96.00 Mn
Jun 30, 2022 96.00 Mn
Mar 31, 2022 95.00 Mn
Mar 31, 2022 95.00 Mn
Dec 31, 2021 133.00 Mn
Dec 31, 2021 133.00 Mn
Sep 30, 2021 102.00 Mn
Sep 30, 2021 102.00 Mn
Jun 30, 2021 100.00 Mn
Jun 30, 2021 100.00 Mn
Mar 31, 2021 109.00 Mn
Mar 31, 2021 109.00 Mn
Dec 31, 2020 162.00 Mn
Dec 31, 2020 162.00 Mn
Sep 30, 2020 109.00 Mn
Sep 30, 2020 109.00 Mn
Jun 30, 2020 109.00 Mn
Jun 30, 2020 109.00 Mn
Mar 31, 2020 109.00 Mn
Mar 31, 2020 109.00 Mn
Dec 31, 2019 126.00 Mn
Dec 31, 2019 126.00 Mn
Sep 30, 2019 113.00 Mn
Sep 30, 2019 113.00 Mn
Jun 30, 2019 115.00 Mn
Jun 30, 2019 115.00 Mn
Mar 31, 2019 116.00 Mn
Mar 31, 2019 116.00 Mn
Dec 31, 2018 146.00 Mn
Dec 31, 2018 146.00 Mn
Sep 30, 2018 110.00 Mn
Sep 30, 2018 110.00 Mn
Jun 30, 2018 124.00 Mn
Jun 30, 2018 124.00 Mn
Mar 31, 2018 120.00 Mn
Mar 31, 2018 120.00 Mn
Dec 31, 2017 117.00 Mn
Dec 31, 2017 117.00 Mn
Sep 30, 2017 118.00 Mn
Sep 30, 2017 118.00 Mn
Jun 30, 2017 116.00 Mn
Jun 30, 2017 116.00 Mn
Mar 31, 2017 110.00 Mn
Mar 31, 2017 110.00 Mn
Dec 31, 2016 109.00 Mn
Dec 31, 2016 109.00 Mn
Sep 30, 2016 107.00 Mn
Sep 30, 2016 107.00 Mn
Jun 30, 2016 111.00 Mn
Jun 30, 2016 111.00 Mn
Mar 31, 2016 113.00 Mn
Mar 31, 2016 113.00 Mn
Dec 31, 2015 112.00 Mn
Dec 31, 2015 112.00 Mn
Sep 30, 2015 110.00 Mn
Sep 30, 2015 110.00 Mn
Jun 30, 2015 109.00 Mn
Jun 30, 2015 109.00 Mn
Mar 31, 2015 113.00 Mn
Mar 31, 2015 113.00 Mn
Dec 31, 2014 113.00 Mn
Dec 31, 2014 113.00 Mn
Sep 30, 2014 119.00 Mn
Sep 30, 2014 119.00 Mn
Jun 30, 2014 115.00 Mn
Jun 30, 2014 115.00 Mn
Mar 31, 2014 114.00 Mn
Mar 31, 2014 114.00 Mn
Dec 31, 2013 124.00 Mn
Dec 31, 2013 124.00 Mn
Sep 30, 2013 113.00 Mn
Sep 30, 2013 113.00 Mn
Jun 30, 2013 114.00 Mn
Jun 30, 2013 114.00 Mn
Mar 31, 2013 116.00 Mn
Mar 31, 2013 116.00 Mn
Dec 31, 2012 121.00 Mn
Dec 31, 2012 121.00 Mn
Sep 30, 2012 115.00 Mn
Sep 30, 2012 115.00 Mn
Jun 30, 2012 115.00 Mn
Jun 30, 2012 115.00 Mn
Mar 31, 2012 119.00 Mn
Mar 31, 2012 119.00 Mn
Dec 31, 2011 116.00 Mn
Dec 31, 2011 116.00 Mn
Sep 30, 2011 119.00 Mn
Sep 30, 2011 119.00 Mn
Jun 30, 2011 113.00 Mn
Jun 30, 2011 113.00 Mn
Mar 31, 2011 107.00 Mn
Mar 31, 2011 107.00 Mn
Dec 31, 2010 117.00 Mn
Dec 31, 2010 117.00 Mn
Sep 30, 2010 112.00 Mn
Sep 30, 2010 112.00 Mn
Jun 30, 2010 116.00 Mn
Jun 30, 2010 116.00 Mn
Mar 31, 2010 118.00 Mn
Mar 31, 2010 118.00 Mn
Dec 31, 2009 115.00 Mn
Dec 31, 2009 115.00 Mn
Sep 30, 2009 118.00 Mn
Sep 30, 2009 118.00 Mn
Jun 30, 2009 121.00 Mn
Jun 30, 2009 121.00 Mn
Mar 31, 2009 121.00 Mn
Mar 31, 2009 121.00 Mn