State Street (State Street) Gross-Profit-to-Asset %

: 4.19% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. State Street's annualized Gross Profit for the quarter that ended in Dec. 2023 was $12,172.00 Mil. State Street's average Total Assets over the quarter that ended in Dec. 2023 was $290,836.50 Mil. Therefore, State Street's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.19%.

State Street Gross-Profit-to-Asset % Historical Data

The historical data trend for State Street's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

State Street Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

4.80

4.17

3.82

3.94

3.99

State Street Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %																4.19	4.25	3.72	4.19	3.95

Competitive Comparison

For the Asset Management subindustry, State Street's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

State Street Gross-Profit-to-Asset % Distribution

For the Asset Management industry and Financial Services sector, State Street's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where State Street's Gross-Profit-to-Asset % falls into.

State Street Gross-Profit-to-Asset % Calculation

State Street's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	11945	/	( (301450	+	297258)	/ 2 )
	=	11945	/	299354
	=	3.99 %

State Street's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	12172	/	( (284415	+	297258)	/ 2 )
	=	12172	/	290836.5
	=	4.19 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

State Street Gross-Profit-to-Asset % Related Terms

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State Street (State Street) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (NYSE:STTpE.CL.PFD) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

STTpG.PFD:USA STTpD.PFD:USA STT:USA STT:Mexico ZYA:Germany S1TT34:Brazil STT:Austria

Address

One Lincoln Street, Boston, MA, USA, 02111

Website

https://www.statestreet.com

State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.