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| Date | Value |
|---|---|
| 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 |