State Street Corp (STT) - Net Assets
Based on the latest financial reports, State Street Corp (STT) has net assets worth $27.74 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($392.17 Billion) and total liabilities ($364.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is State Street Corp's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $27.74 Billion |
| % of Total Assets | 7.07% |
| Annual Growth Rate | 11.26% |
| 5-Year Change | 1.75% |
| 10-Year Change | 31.21% |
| Growth Volatility | 11.23 |
State Street Corp - Net Assets Trend (1989–2025)
This chart illustrates how State Street Corp's net assets have evolved over time, based on quarterly financial data. See STT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for State Street Corp (1989–2025)
The table below shows the annual net assets of State Street Corp from 1989 to 2025. For live valuation and market cap data, see State Street Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $27.84 Billion | +9.93% |
| 2024-12-31 | $25.33 Billion | +6.42% |
| 2023-12-31 | $23.80 Billion | -5.53% |
| 2022-12-31 | $25.19 Billion | -7.94% |
| 2021-12-31 | $27.36 Billion | +4.44% |
| 2020-12-31 | $26.20 Billion | +7.24% |
| 2019-12-31 | $24.43 Billion | -1.24% |
| 2018-12-31 | $24.74 Billion | +10.84% |
| 2017-12-31 | $22.32 Billion | +5.17% |
| 2016-12-31 | $21.22 Billion | +0.40% |
| 2015-12-31 | $21.14 Billion | -0.90% |
| 2014-12-31 | $21.33 Billion | +4.66% |
| 2013-12-31 | $20.38 Billion | -2.35% |
| 2012-12-31 | $20.87 Billion | +7.58% |
| 2011-12-31 | $19.40 Billion | +9.06% |
| 2010-12-31 | $17.79 Billion | +22.75% |
| 2009-12-31 | $14.49 Billion | +13.44% |
| 2008-12-31 | $12.77 Billion | +13.05% |
| 2007-12-31 | $11.30 Billion | +55.81% |
| 2006-12-31 | $7.25 Billion | +13.90% |
| 2005-12-31 | $6.37 Billion | +3.38% |
| 2004-12-31 | $6.16 Billion | +7.17% |
| 2003-12-31 | $5.75 Billion | +20.05% |
| 2002-12-31 | $4.79 Billion | +24.50% |
| 2001-12-31 | $3.85 Billion | +17.87% |
| 2000-12-31 | $3.26 Billion | +23.00% |
| 1999-12-31 | $2.65 Billion | +14.76% |
| 1998-12-31 | $2.31 Billion | +15.84% |
| 1997-12-31 | $2.00 Billion | +12.39% |
| 1996-12-31 | $1.77 Billion | +11.81% |
| 1995-12-31 | $1.59 Billion | +28.96% |
| 1994-12-31 | $1.23 Billion | +11.40% |
| 1993-12-31 | $1.10 Billion | +15.94% |
| 1992-12-31 | $953.10 Million | +16.72% |
| 1991-12-31 | $816.60 Million | +17.48% |
| 1990-12-31 | $695.10 Million | +16.39% |
| 1989-12-31 | $597.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to State Street Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5690.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.39 Billion | 112.75% |
| Common Stock | $504.00 Million | 1.81% |
| Other Comprehensive Income | $-1.04 Billion | -3.75% |
| Total Equity | $27.84 Billion | 100.00% |
State Street Corp Competitors by Market Cap
The table below lists competitors of State Street Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argen-X
F:1AE
|
$41.67 Billion |
|
RWE Aktiengesellschaft
F:RWEA
|
$41.74 Billion |
|
Entergy Corporation
NYSE:ETR
|
$41.77 Billion |
|
Yum! Brands Inc
NYSE:YUM
|
$41.79 Billion |
|
Nanya Technology Corp
TW:2408
|
$41.49 Billion |
|
Interactive Brokers Group Inc
NASDAQ:IBKR
|
$41.47 Billion |
|
Ferrovial S.A.
MC:FER
|
$41.45 Billion |
|
KB Financial Group
KO:105560
|
$41.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in State Street Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,326,000,000 to 27,841,000,000, a change of 2,515,000,000 (9.9%).
- Net income of 2,945,000,000 contributed positively to equity growth.
- Dividend payments of 1,120,000,000 reduced retained earnings.
- Share repurchases of 1,306,000,000 reduced equity.
- New share issuances of 743,000,000 increased equity.
- Other comprehensive income increased equity by 1,057,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.94 Billion | +10.58% |
| Dividends Paid | $1.12 Billion | -4.02% |
| Share Repurchases | $1.31 Billion | -4.69% |
| Share Issuances | $743.00 Million | +2.67% |
| Other Comprehensive Income | $1.06 Billion | +3.8% |
| Other Changes | $196.00 Million | +0.7% |
| Total Change | $- | 9.93% |
Book Value vs Market Value Analysis
This analysis compares State Street Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.78x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 86.46x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $1.98 | $171.29 | x |
| 1990-12-31 | $2.31 | $171.29 | x |
| 1991-12-31 | $2.67 | $171.29 | x |
| 1992-12-31 | $3.03 | $171.29 | x |
| 1993-12-31 | $3.50 | $171.29 | x |
| 1994-12-31 | $3.69 | $171.29 | x |
| 1995-12-31 | $4.73 | $171.29 | x |
| 1996-12-31 | $5.39 | $171.29 | x |
| 1997-12-31 | $6.09 | $171.29 | x |
| 1998-12-31 | $7.05 | $171.29 | x |
| 1999-12-31 | $8.10 | $171.29 | x |
| 2000-12-31 | $9.94 | $171.29 | x |
| 2001-12-31 | $11.63 | $171.29 | x |
| 2002-12-31 | $14.62 | $171.29 | x |
| 2003-12-31 | $17.14 | $171.29 | x |
| 2004-12-31 | $18.14 | $171.29 | x |
| 2005-12-31 | $19.03 | $171.29 | x |
| 2006-12-31 | $21.60 | $171.29 | x |
| 2007-12-31 | $30.91 | $171.29 | x |
| 2008-12-31 | $30.70 | $171.29 | x |
| 2009-12-31 | $30.57 | $171.29 | x |
| 2010-12-31 | $35.72 | $171.29 | x |
| 2011-12-31 | $39.10 | $171.29 | x |
| 2012-12-31 | $43.38 | $171.29 | x |
| 2013-12-31 | $44.77 | $171.29 | x |
| 2014-12-31 | $49.37 | $171.29 | x |
| 2015-12-31 | $51.02 | $171.29 | x |
| 2016-12-31 | $53.57 | $171.29 | x |
| 2017-12-31 | $58.70 | $171.29 | x |
| 2018-12-31 | $65.71 | $171.29 | x |
| 2019-12-31 | $65.38 | $171.29 | x |
| 2020-12-31 | $73.37 | $171.29 | x |
| 2021-12-31 | $76.44 | $171.29 | x |
| 2022-12-31 | $68.06 | $171.29 | x |
| 2023-12-31 | $72.88 | $171.29 | x |
| 2024-12-31 | $83.80 | $171.29 | x |
| 2025-12-31 | $96.33 | $171.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently State Street Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.01%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 13.15x
- Recent ROE (10.58%) is below the historical average (12.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 17.41% | 9.52% | 0.11x | 16.72x | $44.28 Million |
| 1990 | 16.88% | 8.88% | 0.11x | 16.76x | $47.79 Million |
| 1991 | 17.06% | 10.26% | 0.09x | 18.43x | $57.64 Million |
| 1992 | 16.83% | 16.28% | 0.06x | 17.30x | $65.09 Million |
| 1993 | 16.27% | 15.62% | 0.06x | 16.94x | $69.30 Million |
| 1994 | 16.85% | 15.38% | 0.06x | 17.65x | $84.30 Million |
| 1995 | 15.57% | 10.06% | 0.10x | 16.24x | $88.35 Million |
| 1996 | 16.51% | 10.67% | 0.09x | 17.76x | $115.50 Million |
| 1997 | 19.05% | 11.09% | 0.09x | 19.04x | $180.50 Million |
| 1998 | 18.87% | 10.30% | 0.09x | 20.37x | $204.90 Million |
| 1999 | 23.34% | 13.19% | 0.08x | 22.96x | $353.80 Million |
| 2000 | 18.24% | 10.05% | 0.09x | 21.24x | $268.80 Million |
| 2001 | 16.33% | 11.14% | 0.08x | 18.17x | $243.50 Million |
| 2002 | 21.20% | 18.81% | 0.06x | 17.92x | $536.30 Million |
| 2003 | 12.56% | 13.22% | 0.06x | 15.23x | $147.30 Million |
| 2004 | 12.96% | 13.62% | 0.06x | 15.27x | $182.10 Million |
| 2005 | 13.16% | 11.20% | 0.08x | 15.39x | $201.30 Million |
| 2006 | 15.25% | 11.61% | 0.09x | 14.80x | $380.80 Million |
| 2007 | 11.16% | 10.67% | 0.08x | 12.62x | $131.10 Million |
| 2008 | 14.18% | 14.94% | 0.07x | 13.59x | $533.60 Million |
| 2009 | -12.98% | -20.09% | 0.06x | 10.90x | $-3.33 Billion |
| 2010 | 8.75% | 16.01% | 0.06x | 9.02x | $-222.70 Million |
| 2011 | 9.90% | 18.81% | 0.05x | 11.18x | $-19.80 Million |
| 2012 | 9.88% | 20.36% | 0.05x | 10.67x | $-25.90 Million |
| 2013 | 10.06% | 19.95% | 0.04x | 11.94x | $12.20 Million |
| 2014 | 9.48% | 18.96% | 0.04x | 12.85x | $-110.80 Million |
| 2015 | 9.38% | 18.40% | 0.04x | 11.62x | $-130.30 Million |
| 2016 | 10.10% | 20.15% | 0.04x | 11.44x | $21.10 Million |
| 2017 | 9.66% | 18.16% | 0.05x | 10.68x | $-75.70 Million |
| 2018 | 10.48% | 19.76% | 0.05x | 9.89x | $119.30 Million |
| 2019 | 9.18% | 17.07% | 0.05x | 10.05x | $-201.10 Million |
| 2020 | 9.24% | 20.05% | 0.04x | 12.01x | $-200.00 Million |
| 2021 | 9.84% | 22.39% | 0.04x | 11.50x | $-43.30 Million |
| 2022 | 11.01% | 20.29% | 0.05x | 11.97x | $254.90 Million |
| 2023 | 8.17% | 10.58% | 0.06x | 12.49x | $-435.90 Million |
| 2024 | 10.61% | 12.23% | 0.06x | 13.95x | $154.40 Million |
| 2025 | 10.58% | 13.01% | 0.06x | 13.15x | $160.90 Million |
Industry Comparison
This section compares State Street Corp's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,140,785,003
- Average return on equity (ROE) among peers: 7.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| State Street Corp (STT) | $27.74 Billion | 17.41% | 13.14x | $41.56 Billion |
| Acadian Asset Management Inc (AAMI) | $165.90 Million | 93.73% | 5.11x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.57 Billion | 24.00% | 0.00x | $3.32 Billion |
| Associated Capital Group Inc (AC) | $916.05 Million | -6.34% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $190.80 Million | 139.32% | 0.02x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $147.60 Million | -10.73% | 0.18x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $298.17 Million |
| Affiliated Managers Group Inc (AMG) | $3.79 Billion | 9.52% | 0.67x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $5.94 Billion | 57.52% | 28.61x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $-1.39 Billion | 0.00% | 0.00x | $41.62 Million |
About State Street Corp
State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor ser… Read more