State Street Corporation
STT
$73.39
Share price
0.14%
Change (1 day)
5.11%
Change (1 year)
Categories
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 April 2024 (TTM): 27.11%
According to State Street Corporation 's latest financial reports and stock price the company's current Operating Margin is 27.11%. At the end of 2022 the company had an Operating Margin of 27.39%.
Operating Margin history for State Street Corporation from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.39% | 3.87% |
| 2021 | 26.37% | 6.44% |
| 2020 | 24.77% | 2.11% |
| 2019 | 24.26% | -3.07% |
| 2018 | 25.03% | -3.56% |
| 2017 | 25.95% | 24.96% |
| 2016 | 20.77% | -6.36% |
| 2015 | 22.18% | -9.49% |
| 2014 | 24.51% | -9.82% |
| 2013 | 27.18% | -5.2% |
| 2012 | 28.67% | 9.84% |
| 2011 | 26.10% | 12.01% |
| 2010 | 23.30% | -18.18% |
| 2009 | 28.48% | -2.88% |
| 2008 | 29.32% | 28.44% |
| 2007 | 22.83% | -18.65% |
| 2006 | 28.06% | 7.25% |
| 2005 | 26.16% | 8.28% |
| 2004 | 24.16% | 2.87% |
| 2003 | 23.49% | -33.53% |
| 2002 | 35.34% | 44.67% |
| 2001 | 24.43% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 33.15% | 22.28% | 🇺🇸 USA |
 Northern Trust
NTRS | 23.60% | -12.95% | 🇺🇸 USA |
 JPMorgan Chase JPM | 40.01% | 47.58% | 🇺🇸 USA |
 Citigroup C | 23.30% | -14.05% | 🇺🇸 USA |
 Bank of New York Mellon BK | 23.34% | -13.91% | 🇺🇸 USA |
 Barclays BCS | 31.02% | 14.42% | 🇬🇧 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.