State Street Corporation
STT
#734
Rank
HK$214.82 B
Marketcap
HK$732.82
Share price
-1.04%
Change (1 day)
36.19%
Change (1 year)
State Street Corporation is an American financial services and bank holding company that operations worldwide.

Operating Margin for State Street Corporation (STT)

Operating Margin as of November 2024 (TTM): 21.00%

According to State Street Corporation 's latest financial reports and stock price the company's current Operating Margin is 21.00%. At the end of 2023 the company had an Operating Margin of 19.39%.

Operating Margin history for State Street Corporation from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202319.39%-29.34%
202227.44%4.07%
202126.37%6.35%
202024.79%7.46%
201923.07%-9.75%
201825.56%-3.84%
201726.58%27.99%
201620.77%-6.36%
201522.18%-6.49%
201423.72%-12.24%
201327.03%-5.72%
201228.67%8.45%
201126.43%13.45%
201023.30%-20.27%
200929.22%1.73%
200828.73%25.84%
200722.83%-18.65%
200628.06%6.94%
200526.24%8.6%
200424.16%2.87%
200323.49%-33.53%
200235.34%44.67%
200124.43%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.07% 33.67%๐Ÿ‡บ๐Ÿ‡ธ USA
39.85% 89.76%๐Ÿ‡บ๐Ÿ‡ธ USA
24.81% 18.14%๐Ÿ‡บ๐Ÿ‡ธ USA
25.65% 22.14%๐Ÿ‡บ๐Ÿ‡ธ USA
14.45%-31.19%๐Ÿ‡บ๐Ÿ‡ธ USA
25.86% 23.14%๐Ÿ‡ฌ๐Ÿ‡ง UK

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.