State Street (STT) Tax Rate (2009 - 2026)
State Street's (STT) quarterly Tax Rate came in at 21.96% in Q2 2026, down 9.0% on a YoY basis from 24.13% in Q2 2025, and up 3.79% quarter-over-quarter from 21.16% in Q1 2026.
Analysis
State Street (STT) Tax Rate (2009 - 2026) Analysis & Trends
State Street (STT) has reported Tax Rate for 18 consecutive years, with 21.96% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 9.0% year-over-year to 21.96%; the trailing twelve-month figure through Jun 2026 stood at 21.06% (up 31.0% YoY), and the FY2025 full-year result was 21.07%, up 21.0% from the prior year.
- Tax Rate climbed to 21.96% in Q2 2026 per STT's latest filing, from 21.16% in the prior quarter.
- Across five years, Tax Rate topped out at 22.58% in Q1 2024 and bottomed at 4.48% in Q4 2023.
- Historically, Tax Rate has averaged 18.22% across 5 years, with a median of 20.05% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 2203 bps in 2023, then soared 2292 bps in 2024.
- Over 5 years, Tax Rate stood at 17.55% in 2022, then slumped by 126 bps to 4.48% in 2023, then jumped by 512 bps to 18.44% in 2024, then increased by 1 bps to 18.63% in 2025, then gained by 18 bps to 21.96% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.96%, 21.16%, and 18.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 110.37 Bn | 49.74 Bn | - | 20.95% |
| 2 | State Street | 53.13 Bn | 53.13 Bn | - | 21.96% |
| 3 | Northern Trust | 34.62 Bn | 34.62 Bn | - | 25.59% |
| 4 | Sei Investments | 12.83 Bn | 12.74 Bn | - | 21.19% |
| 5 | Healthequity | 7.98 Bn | 7.72 Bn | 257.95 Mn | 25.29% |
| 6 | AtlasClear Holdings | 26.96 Mn | -13.53 Mn | - | 9.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.96% |
| Mar 31, 2026 | 21.16% |
| Dec 31, 2025 | 18.63% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 22.05% |
| Mar 31, 2025 | 21.65% |
| Dec 31, 2024 | 18.44% |
| Sep 30, 2024 | 21.08% |
| Jun 30, 2024 | 22.04% |
| Mar 31, 2024 | 22.58% |
| Dec 31, 2023 | -4.48% |
| Sep 30, 2023 | 17.42% |
| Jun 30, 2023 | 16.70% |
| Mar 31, 2023 | 20.20% |
| Dec 31, 2022 | 17.55% |
| Sep 30, 2022 | 18.73% |
| Jun 30, 2022 | 10.54% |
| Mar 31, 2022 | 19.89% |
| Dec 31, 2021 | 4.52% |
| Sep 30, 2021 | 18.49% |