State Street (STT) Tax Rate (2009 - 2026)
State Street (STT) reported Tax Rate of 21.16% for Q1 2026, down 50.0% on a YoY basis from 42.31% in Q1 2025, and up 13.57% quarter-over-quarter from 18.63% in Q4 2025.
State Street (STT) Tax Rate (2009 - 2026) Analysis & Trends
State Street has reported Tax Rate for 18 years, with the latest figure at 21.16% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 50.0% year-over-year to 21.16%; the trailing twelve-month figure through Mar 2026 stood at 20.96% (up 21.0% YoY), and the FY2025 full-year result was 21.07%, up 21.0% from the prior year.
- Tax Rate for Q1 2026 stood at 21.16%, up from 18.63% in the prior quarter.
- The five-year high for Tax Rate was 22.58% in Q1 2024, with the low at 4.48% in Q4 2023.
- Historically, Tax Rate has averaged 18.0% across 5 years, with a median of 19.89% in 2022.
- Annual changes were most pronounced in 2023 — Tax Rate plunged 2203 bps — and 2024, when it surged 2292 bps.
- State Street's Tax Rate stood at 17.55% in 2022, then plunged by 126 bps to 4.48% in 2023, then surged by 512 bps to 18.44% in 2024, then climbed by 1 bps to 18.63% in 2025, then rose by 14 bps to 21.16% in 2026.
- The last three Tax Rate figures came in at 21.16% (Q1 2026), 18.63% (Q4 2025), and 21.87% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 14.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.16% |
| Mar 31, 2026 | 21.16% |
| Dec 31, 2025 | 18.63% |
| Dec 31, 2025 | 18.63% |
| Sep 30, 2025 | 21.87% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 22.05% |
| Jun 30, 2025 | 22.05% |
| Mar 31, 2025 | 21.65% |
| Mar 31, 2025 | 21.65% |
| Dec 31, 2024 | 18.44% |
| Dec 31, 2024 | 18.44% |
| Sep 30, 2024 | 21.08% |
| Sep 30, 2024 | 21.08% |
| Jun 30, 2024 | 22.04% |
| Jun 30, 2024 | 22.04% |
| Mar 31, 2024 | 22.58% |
| Mar 31, 2024 | 22.58% |
| Dec 31, 2023 | -4.48% |
| Dec 31, 2023 | -4.48% |