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STTPD.PFD (State Street) Tax Rate % : 18.44% (As of Dec. 2024)


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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. 2024 was $177.00 Mil. State Street's Pre-Tax Income for the three months ended in Dec. 2024 was $960.00 Mil. Therefore, State Street's Tax Rate % for the quarter that ended in Dec. 2024 was 18.44%.

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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.52 15.07 16.62 16.06 20.85

State Street Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -4.48 22.58 22.04 21.08 18.44

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. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=708/3395
=20.85 %

State Street's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=177/960
=18.44 %

* 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 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (NYSE:STTpD.PFD) » Definitions » Tax Rate %
Comparable Companies
RJF ARES TROW NTRS PFG CRBG EQH CG ARCC OWL BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
STTpG.PFD:USA STT:USA 0L9G:UK ZYA:Germany ZYA:Germany ZYA:Germany S1TT34:Brazil STT:Austria
Address
One Congress Street, Boston, MA, USA, 02114
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 $47 trillion in assets under custody and administration and $4.7 trillion assets under management as of Dec. 31, 2024, State Street operates globally in more than 100 geographic markets and employs about 53,000 worldwide.