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State Street (State Street) Tax Rate % : -4.48% (As of Dec. 2023)


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What is State Street Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. State Street's Tax Expense for the three months ended in Dec. 2023 was $-9.00 Mil. State Street's Pre-Tax Income for the three months ended in Dec. 2023 was $201.00 Mil. Therefore, State Street's Tax Rate % for the quarter that ended in Dec. 2023 was -4.48%.

State Street Tax Rate % Historical Data

The historical data trend for State Street's Tax Rate % 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 Tax Rate % Chart

State Street Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 16.52 15.07 16.62 16.06

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.20 16.70 17.42 -4.48 22.58

State Street Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

State Street's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=372/2316
=16.06 %

State Street's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-9/201
=-4.48 %

* 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.

State Street Tax Rate % 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:STTpC.CL.PFD) » Definitions » Tax Rate %
Comparable Companies
TROW PFG ARES NTRS CRBG CG BEN ARCC OWL SEIC BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
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.