How State Street (STT) Makes Money: A Visual Guide

State Street (STT) generated $20.70B in revenue (TTM through Q4 2025), earning $2.94B in net profit (14.2% margin). Its largest revenue source is Investment Servicing (78.5% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

State Street (STT) Income Statement Flow

Frequently asked questions

How does State Street (STT) make money?

State Street (STT) primarily makes money through Investment Servicing, which accounts for 78.5% of total revenue. For TTM through Q4 2025, State Street generated $20.70B in total revenue with a net profit margin of 14.2%.

What is State Street (STT) gross profit margin?

State Street (STT) reported a gross profit margin of 67.2% for TTM through Q4 2025, equivalent to $13.91B in gross profit. This means State Street retains 67.2% of each revenue unit after direct costs of production.

What is State Street (STT) operating profit margin?

State Street (STT) reported an operating profit margin of 18% for TTM through Q4 2025, equivalent to $3.73B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is State Street (STT) net profit margin?

State Street (STT) reported a net profit margin of 14.2% for TTM through Q4 2025, equivalent to $2.94B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does State Street (STT) spend on capital expenditures?

State Street (STT) spent $1.04B on capital expenditures in TTM through Q4 2025 (5.0% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is State Street (STT) free cash flow?

State Street (STT) generated $2.73B in free cash flow for TTM through Q4 2025 (13.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is State Street (STT) effective tax rate?

State Street (STT) had an effective tax rate of 21.1% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q4 2025.