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

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

State Street (STT) Rent Expense (2009 - 2026) Analysis & Trends

State Street's Rent Expense history runs 18 years deep, the most recent figure standing at $101.0 million for Q1 2026.

  • Quarterly Rent Expense fell 1.94% year-over-year to $101.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $485.0 million (up 10.98% YoY) and the FY2025 annual result came in at $487.0 million, up 11.44% from the prior year.
  • Rent Expense was $101.0 million for Q1 2026 at State Street, 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.
  • A 5-year average of $108.5 million and a median of $103.0 million in 2023 frame the typical range for Rent Expense.
  • Annual changes were most pronounced in 2022 — Rent Expense declined 20.3% — and 2025, when it soared 40.65%.
  • State Street's Rent Expense stood at $106.0 million in 2022, then increased by 20.75% to $128.0 million in 2023, then dropped by 3.91% to $123.0 million in 2024, then surged by 40.65% to $173.0 million in 2025, then tumbled by 41.62% to $101.0 million in 2026.
  • Business Quant data shows STT's Rent Expense at $101.0 million in Q1 2026, $173.0 million in Q4 2025, and $106.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Brookfield 1,236.60 Bn 1,311.20 Bn 18.56 Bn -
2 BlackRock 161.01 Bn 148.08 Bn - -
3 Blackstone 97.77 Bn 96.72 Bn - -
4 Apollo Global Management 70.80 Bn 90.38 Bn -409.00 Mn -
5 State Street 51.30 Bn 51.30 Bn - 101.00 Mn
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn -
7 Northern Trust 32.93 Bn 32.93 Bn - 51.30 Mn
8 Raymond James Financial 32.59 Bn 17.67 Bn - 80.00 Mn
9 Price T Rowe 24.70 Bn 21.13 Bn - -
10 Principal Financial 23.31 Bn -27.00 Bn -463.00 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