State Street Corp

NYSE STT

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State Street Corp Capital Expenditure To Sales 2 year CAGR for the year ending December 31, 2023: 0.65%

State Street Corp Capital Expenditure To Sales 2 year CAGR is 0.65% for the year ending December 31, 2023, a -94.73% change year over year. The capital expenditure ratio measures the proportion of a company's revenue allocated to capital expenditures. It is calculated by dividing capital expenditures by revenue. This ratio indicates the extent to which a company invests in long-term assets relative to its sales. A higher ratio suggests a higher level of investment in the expansion and improvement of the company's asset base. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

State Street Corp Capital Expenditure To Sales for the year ending December 31, 2022 was 6.04%, a -10.40% change year over year.
State Street Corp Capital Expenditure To Sales for the year ending December 31, 2021 was 6.74%, a 40.92% change year over year.
State Street Corp Capital Expenditure To Sales for the year ending December 31, 2020 was 4.79%, a -22.94% change year over year.
State Street Corp Capital Expenditure To Sales for the year ending December 31, 2019 was 6.21%, a 22.17% change year over year.

NYSE: STT

State Street Corp

CEO	Mr. Ronald Philip O'Hanley
IPO Date	July 9, 1986
Location	United States
Headquarters	State Street Financial Center, Boston, MA, United States, 02111
Employees	45,871
Sector	Financial Services
Industry	Asset management

Description

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

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