State Street (STT) Restructuring Costs (2009 - 2023)

State Street (STT) posted Restructuring Costs of -$15.0 million for Q4 2023, down 148.39% on a QoQ basis from $31.0 million in Q4 2022, and down 148.39% year-over-year from $31.0 million in Q4 2022.

State Street (STT) Restructuring Costs (2009 - 2023) Analysis & Trends

State Street's Restructuring Costs history runs 15 years deep, the most recent figure standing at -$15.0 million for 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 was -$15.0 million for Q4 2023 at State Street, down from $31.0 million in the prior quarter.
  • Across five years, Restructuring Costs topped out at $31.0 million in Q4 2022 and bottomed at -$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 tumbled 148.39%.
  • State Street's Restructuring Costs stood at $29.0 million in 2019, then slumped by 58.62% to $12.0 million in 2020, then surged by 116.67% to $26.0 million in 2021, then rose by 19.23% to $31.0 million in 2022, then tumbled by 148.39% to -$15.0 million in 2023.
  • Business Quant data shows STT's Restructuring Costs at -$15.0 million in Q4 2023, $31.0 million in Q4 2022, and $13.0 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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 -
6 Ameriprise Financial 48.54 Bn 39.27 Bn 4.57 Bn
7 Northern Trust 32.93 Bn 32.93 Bn -
8 Raymond James Financial 32.59 Bn 17.67 Bn -
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
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