State Street (STT) Restructuring Costs (2009 - 2023)
State Street's (STT) quarterly Restructuring Costs came in at -$15.0 million in Q4 2023, down 148.39% YoY from $31.0 million in Q4 2022, and down 148.39% on a QoQ basis from $31.0 million in Q4 2022.
State Street (STT) Restructuring Costs (2009 - 2023) Analysis & Trends
State Street (STT) has 15 years of Restructuring Costs data on file, last reported at -$15.0 million in Q4 2023.
- Quarterly Restructuring Costs fell 148.39% year-over-year to -$15.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$15.0 million (down 123.08% YoY) and the FY2023 annual result came in at -$15.0 million, down 123.08% from the prior year.
- Restructuring Costs eased to -$15.0 million in Q4 2023, from $31.0 million in the prior quarter.
- In the past five years, Restructuring Costs ranged from a high of $31.0 million in Q4 2022 to a low of -$15.0 million in Q4 2023.
- A 5-year average of $14.2 million and a median of $12.0 million in 2019 frame the typical range for Restructuring Costs.
- Annual changes were most pronounced in 2021 — Restructuring Costs jumped 116.67% — and 2023, when it plunged 148.39%.
- Tracing STT's Restructuring Costs over 5 years: stood at $29.0 million in 2019, then plunged by 58.62% to $12.0 million in 2020, then soared by 116.67% to $26.0 million in 2021, then grew by 19.23% to $31.0 million in 2022, then sank by 148.39% to -$15.0 million in 2023.
- The last three Restructuring Costs figures came in at -$15.0 million (Q4 2023), $31.0 million (Q4 2022), and $13.0 million (Q3 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -15.00 Mn |
| Dec 31, 2022 | 31.00 Mn |
| Sep 30, 2022 | 13.00 Mn |
| Jun 30, 2022 | 12.00 Mn |
| Mar 31, 2022 | 9.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Sep 30, 2021 | 18.00 Mn |
| Jun 30, 2021 | 11.00 Mn |
| Mar 31, 2021 | 10.00 Mn |
| Dec 31, 2020 | 12.00 Mn |
| Sep 30, 2020 | 15.00 Mn |
| Jun 30, 2020 | 12.00 Mn |
| Mar 31, 2020 | 11.00 Mn |
| Dec 31, 2019 | 29.00 Mn |
| Sep 30, 2019 | 27.00 Mn |
| Jun 30, 2019 | 12.00 Mn |
| Mar 31, 2019 | 9.00 Mn |
| Dec 31, 2018 | 24.00 Mn |
| Dec 31, 2017 | 133.00 Mn |
| Sep 30, 2017 | 33.00 Mn |