STT Q4 2023 Earnings — State Street Corporation Revenue & Financial Results | Market Cap Arena

STTState Street Corporation

$35B

Q4 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$5.0B+20.8% YoY

Gross Profit

$3.0B61.0% margin

Operating Income

$201M4.1% margin

Net Income

$210M4.2% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

$4.2B

Free Cash Flow

$3.9B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$297.3B

Total Liabilities

$273.5B

Stockholders' Equity

$23.8B

Cash & Equivalents

$91.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.1B	+20.8%
Gross Profit	$3.0B	$3.1B	-3.2%
Operating Income	$201M	$889M	-77.4%
Net Income	$210M	$733M	-71.4%

Revenue Segments

Investment Servicing

$2.5B82%

Investment Management

$545M18%

Geographic Segments

UNITED STATES

$1.7B56%

Non-US

$1.3B44%