State Street Corporation (STT) Balance Sheet
STT balance sheet, 2025
December 31, 2025 · U.S. dollars$366.05B assets = $338.21B liabilities + $27.84B equity
Both columns are drawn to the same scale: what STT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
STT financial health
Descriptive bands, not a rating. Fiscal 2025.
STT balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $242.70B2016 | $366.05B2025 | +4.7%/yr | |
| Total liabilities | $221.48B2016 | $338.21B2025 | +4.8%/yr | |
| Shareholders’ equity | $21.22B2016 | $27.84B2025 | +3.1%/yr | |
| Cash & short-term investments | $137.36B2016 | $146.02B2025 | +0.7%/yr | |
| Total debt | $17.41B2016 | $29.80B2025 | +6.2%/yr | |
| Net cash (debt) | $119.94B2016 | $116.21B2025 | −$3.7B | |
| Working capital | −$46.97B2016 | −$88.91B2025 | −$41.9B | |
| Book value per share | $53.572016 | $96.332025 | +6.7%/yr | |
| Current ratio | 0.782016 | 0.682025 | −0.10 | |
| Debt / equity | 0.822016 | 1.072025 | +0.25 | |
| Shares outstanding | 396.1M2016 | 289.0M2025 | −3.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
STT assets
STT liabilities and equity
STT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
STT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $146.02B | $134.55B | $136.24B | $146.20B | $183.45B | $183.45B | $128.54B | $127.00B | $130.91B | $137.36B |
| Cash & equivalents | $131.36B | $116.10B | $91.71B | $105.62B | $110.05B | $120.48B | $72.33B | $76.31B | $69.45B | $72.38B |
| Short-term investments | $14.65B | $18.45B | $44.53B | $40.58B | $73.40B | $62.97B | $56.22B | $50.69B | $61.45B | $64.98B |
| Receivables | $43.25B | $4.74B | $5.75B | $4.46B | $4.04B | $3.97B | $4.31B | $4.17B | $4.13B | $25.38B |
| Inventory | $0 | $0 | −$130.59B | −$132.93B | −$188.59B | −$184.29B | −$99.37B | $1.00B | $20.04B | $22.24B |
| Other current assets | $837.0M | $738.0M | $131.19B | $133.49B | $189.74B | $185.13B | $99.76B | $0 | $0 | $0 |
| Total current assets | $190.10B | $140.03B | $142.58B | $151.22B | $188.65B | $188.26B | $133.24B | $131.66B | $135.40B | $163.08B |
| Property, plant & equipment (net) | $3.17B | $3.53B | $3.20B | $2.81B | $2.80B | $2.87B | $3.14B | $2.21B | $2.19B | $2.06B |
| Goodwill & intangible assets | $9.09B | $8.78B | $8.93B | $9.04B | $9.44B | $9.51B | $9.59B | $9.81B | $7.63B | $7.56B |
| Long-term investments | $109.91B | $110.71B | $105.40B | $105.93B | $116.59B | $111.90B | $99.74B | $116.85B | $67.89B | $58.54B |
| Other non-current assets | $53.77B | $90.19B | $37.15B | $32.45B | $0 | $2.16B | $0 | $0 | $25.31B | $11.46B |
| Total assets | $366.05B | $353.24B | $297.26B | $301.45B | $314.62B | $314.71B | $245.61B | $244.60B | $238.43B | $242.70B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $22.52B | $255.03B | $27.50B | $24.86B | $24.21B | $15.61B | $16.90B |
| Short-term debt | $4.66B | $13.52B | $6.50B | $5.43B | $4.25B | $7.40B | $1.94B | $4.17B | $3.99B | $5.99B |
| Total current liabilities | $279.01B | $275.44B | $227.47B | $263.42B | $276.33B | $274.70B | $208.67B | $208.77B | $204.49B | $210.05B |
| Long-term debt | $25.14B | $23.27B | $18.84B | $15.00B | $13.47B | $13.80B | $12.47B | $11.09B | $11.57B | $11.37B |
| Lease obligations | $122.0M | $116.0M | $187.0M | $176.0M | $164.0M | $103.0M | $136.0M | $190.0M | $250.0M | $293.0M |
| Other long-term liabilities | $34.05B | $29.20B | $27.15B | $0 | $0 | $0 | $41.0M | $0 | $53.0M | $57.0M |
| Total liabilities | $338.21B | $327.91B | $273.46B | $276.26B | $287.26B | $288.51B | $221.18B | $219.86B | $216.11B | $221.48B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M |
| Retained earnings (deficit) | $31.39B | $29.58B | $27.96B | $27.03B | $25.24B | $23.44B | $21.92B | $20.55B | $18.86B | $17.46B |
| Treasury stock | — | — | — | −$11.34B | −$10.01B | −$10.61B | −$10.21B | −$8.71B | −$9.03B | −$7.68B |
| Accumulated other comprehensive income | −$1.04B | −$2.10B | −$2.35B | −$3.71B | −$1.13B | $187.0M | −$876.0M | −$1.36B | −$1.01B | −$2.04B |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $27.84B | $25.33B | $23.80B | $25.19B | $27.36B | $26.20B | $24.43B | $24.74B | $22.32B | $21.22B |
| Key figures | ||||||||||
| Total debt | $29.80B | $36.79B | $24.37B | $18.27B | $15.18B | $21.20B | $14.45B | $15.27B | $15.61B | $17.41B |
| Net cash (debt) | $116.21B | $97.76B | $111.87B | $127.93B | $168.27B | $162.25B | $114.09B | $111.73B | $115.30B | $119.94B |
| Working capital | −$88.91B | −$135.41B | −$84.89B | −$112.20B | −$87.68B | −$86.44B | −$75.43B | −$77.11B | −$69.09B | −$46.97B |
| Tangible book value | $18.75B | $16.55B | $14.87B | $16.15B | $17.93B | $16.69B | $14.85B | $14.92B | $14.68B | $13.65B |
| Book value per share | $96.33 | $83.80 | $72.88 | $68.06 | $76.44 | $73.37 | $65.38 | $65.71 | $58.70 | $53.57 |
| Shares outstanding | 289.0M | 302.2M | 326.6M | 370.1M | 358.0M | 357.1M | 373.7M | 376.5M | 380.2M | 396.1M |
| Current ratio | 0.68 | 0.51 | 0.63 | 0.57 | 0.68 | 0.69 | 0.64 | 0.63 | 0.66 | 0.78 |
| Quick ratio | 0.68 | 0.51 | 0.62 | 0.57 | 0.68 | 0.68 | 0.64 | 0.63 | 0.66 | 0.77 |
| Debt / equity | 1.07 | 1.45 | 1.02 | 0.73 | 0.55 | 0.81 | 0.59 | 0.62 | 0.70 | 0.82 |
| Equity / assets | 7.6% | 7.2% | 8.0% | 8.4% | 8.7% | 8.3% | 9.9% | 10.1% | 9.4% | 8.7% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $78.80B | $4.29B | $142.11B | $50.30B | $74.20B | $140.84B | $145.19B | $134.55B | $123.50B | $114.55B | $139.45B | $143.70B |
| Cash & equivalents | $4.80B | $4.29B | $130.09B | $4.43B | $4.76B | $122.86B | $124.12B | $116.10B | $109.25B | $102.84B | $128.96B | $91.71B |
| Short-term investments | $74.01B | $72.30B | $12.02B | $45.87B | $69.44B | $17.98B | $21.06B | $18.45B | $14.25B | $11.71B | $10.49B | $51.99B |
| Receivables | $4.90B | $4.87B | $53.49B | $43.25B | $4.48B | $5.73B | $5.89B | $4.74B | $5.61B | $5.41B | $5.30B | $5.75B |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$65.08B | −$1.17B | −$145.58B | −$110.86B |
| Other current assets | $0 | $0 | $961.0M | $0 | $0 | $866.0M | $873.0M | $738.0M | $65.92B | $1.96B | $146.40B | $111.45B |
| Total current assets | $83.70B | $9.16B | $196.56B | $54.70B | $78.67B | $147.44B | $151.95B | $140.03B | $129.95B | $120.75B | $145.58B | $150.05B |
| Property, plant & equipment (net) | $4.27B | $4.67B | $4.15B | $3.17B | $3.08B | $3.82B | $3.61B | $3.53B | $3.49B | $3.38B | $3.31B | $3.20B |
| Goodwill & intangible assets | $8.86B | $8.92B | $8.99B | $9.09B | $8.87B | $8.93B | $8.81B | $8.78B | $9.00B | $8.96B | $8.84B | $8.93B |
| Long-term investments | $0 | $112.54B | $113.10B | $109.91B | $114.60B | $118.02B | $117.12B | $110.71B | $110.30B | $111.63B | $105.30B | $105.40B |
| Other non-current assets | $306.51B | $283.09B | $69.37B | $189.17B | $165.84B | $98.51B | $91.21B | $90.19B | $85.75B | $80.89B | $74.97B | $29.68B |
| Total assets | $403.34B | $418.38B | $392.17B | $366.05B | $371.07B | $376.72B | $372.69B | $353.24B | $338.48B | $325.60B | $338.00B | $297.26B |
| Liabilities | ||||||||||||
| Short-term debt | $903.0M | $4.77B | $4.95B | $4.66B | $9.82B | $12.22B | $15.37B | $13.52B | $12.14B | $16.29B | $15.12B | $6.50B |
| Total current liabilities | $903.0M | $4.77B | $298.29B | $279.01B | $9.82B | $295.25B | $287.43B | $275.44B | $259.57B | $255.45B | $267.00B | $227.47B |
| Long-term debt | $0 | $25.70B | $25.23B | $25.14B | $24.69B | $25.91B | $24.85B | $23.27B | $20.90B | $19.74B | $19.75B | $15.48B |
| Lease obligations | — | — | — | $122.0M | — | — | — | $116.0M | — | — | — | $187.0M |
| Other long-term liabilities | $373.73B | $359.64B | $40.90B | $34.05B | $308.92B | $28.25B | $33.73B | $29.20B | $32.19B | $25.66B | $26.82B | $30.50B |
| Total liabilities | $374.63B | $390.11B | $364.42B | $338.21B | $343.43B | $349.41B | $346.00B | $327.91B | $312.65B | $300.84B | $313.57B | $273.46B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M | $504.0M |
| Retained earnings (deficit) | $33.44B | $32.66B | $31.86B | $31.39B | $30.94B | $30.37B | $29.96B | $29.58B | $29.07B | $28.61B | $28.17B | $27.96B |
| Accumulated other comprehensive income | −$1.62B | −$1.18B | −$1.28B | −$1.04B | −$1.17B | −$1.32B | −$1.79B | −$2.10B | −$1.62B | −$2.31B | −$2.37B | −$2.35B |
| Total shareholders' equity | $28.71B | $28.27B | $27.74B | $27.84B | $27.64B | $27.31B | $26.69B | $25.33B | $25.83B | $24.76B | $24.43B | $23.80B |
| Key figures | ||||||||||||
| Total debt | $26.04B | $30.47B | $30.18B | $29.80B | $34.51B | $38.13B | $40.22B | $36.79B | $33.04B | $36.02B | $34.86B | $24.37B |
| Net cash (debt) | $52.77B | −$26.18B | $111.93B | $20.50B | $39.69B | $102.71B | $104.97B | $97.76B | $90.46B | $78.53B | $104.59B | $119.34B |
| Working capital | $82.80B | $4.39B | −$101.73B | −$224.31B | $68.85B | −$147.81B | −$135.48B | −$135.41B | −$129.62B | −$134.70B | −$121.42B | −$77.43B |
| Tangible book value | $19.85B | $19.35B | $18.75B | $18.75B | $18.77B | $18.38B | $17.88B | $16.55B | $16.83B | $15.80B | $15.59B | $14.87B |
| Book value per share | $102.80 | $99.93 | $98.07 | $96.33 | $95.92 | $94.00 | $91.19 | $85.44 | $85.57 | $81.25 | $79.86 | $76.67 |
| Shares outstanding | 279.3M | 282.9M | 282.9M | 289.0M | 288.2M | 290.5M | 292.7M | 296.4M | 301.8M | 304.8M | 305.9M | 310.4M |
| Current ratio | 92.69 | 1.92 | 0.66 | 0.20 | 8.01 | 0.50 | 0.53 | 0.51 | 0.50 | 0.47 | 0.55 | 0.66 |
| Quick ratio | 92.69 | 1.92 | 0.66 | 0.34 | 8.01 | 0.50 | 0.53 | 0.51 | 0.50 | 0.47 | 0.54 | 0.66 |
| Debt / equity | 0.91 | 1.08 | 1.09 | 1.07 | 1.25 | 1.40 | 1.51 | 1.45 | 1.28 | 1.45 | 1.43 | 1.02 |
| Equity / assets | 7.1% | 6.8% | 7.1% | 7.6% | 7.4% | 7.2% | 7.2% | 7.2% | 7.6% | 7.6% | 7.2% | 8.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
STT financial position
At the end of fiscal 2025 (December 31, 2025), State Street had total assets of $366.0 billion (up 3.6% from a year earlier), total liabilities of $338.2 billion and shareholders' equity of $27.8 billion. It held $146.0 billion in cash and short-term investments against $29.8 billion of debt, a net cash position of $116.2 billion. Its current ratio was 0.68. In the latest quarter (ended September 30, 2026) total assets were $403.3 billion and equity $28.7 billion.
Related: STT income statement, STT cash flow statement, STT key metrics. See the STT stock overview for the latest quote and news.
STT balance sheet FAQ
What are State Street's total assets?
State Street reported total assets of $366.0 billion at the end of fiscal 2025 (December 31, 2025), compared with $353.2 billion a year earlier.
How much debt does State Street have?
State Street had $29.8 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.07.
How much cash does State Street have?
State Street held $146.0 billion in cash and short-term investments at the end of fiscal 2025; with $29.8 billion of debt that is net cash of $116.2 billion.
What is State Street's book value?
State Street's shareholders' equity (book value) was $27.8 billion at the end of fiscal 2025, or $96.33 per share.
What is State Street's current ratio?
State Street had current assets of $190.1 billion and current liabilities of $279.0 billion, a current ratio of 0.68 (current liabilities exceed current assets).
How much goodwill does State Street have?
State Street carried $9.1 billion of goodwill and intangible assets, 2.5% of total assets, at the end of fiscal 2025.