State Street Corporation
STT
#854
Rank
$21.80 B
Marketcap
$72.37
Share price
0.92%
Change (1 day)
-1.90%
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 June 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
202227.39%3.87%
202126.37%6.44%
202024.77%2.11%
201924.26%-3.07%
201825.03%-3.56%
201725.95%24.96%
201620.77%-6.36%
201522.18%-9.49%
201424.51%-9.82%
201327.18%-5.2%
201228.67%9.84%
201126.10%12.01%
201023.30%-18.18%
200928.48%-2.88%
200829.32%28.44%
200722.83%-18.65%
200628.06%7.25%
200526.16%8.28%
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
33.15% 22.28%๐Ÿ‡บ๐Ÿ‡ธ USA
23.60%-12.95%๐Ÿ‡บ๐Ÿ‡ธ USA
40.01% 47.58%๐Ÿ‡บ๐Ÿ‡ธ USA
23.30%-14.05%๐Ÿ‡บ๐Ÿ‡ธ USA
23.34%-13.91%๐Ÿ‡บ๐Ÿ‡ธ USA
31.02% 14.42%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.