State Return On Tangible Assets from 2010 to 2024

STT Stock  USD 97.50  1.16  1.20%   
State Street Return On Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Return On Tangible Assets are likely to outpace its year average in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.00674234
Current Value
0.00959
Quarterly Volatility
0.00108753
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check State Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among State Street's main balance sheet or income statement drivers, such as Interest Expense of 6.7 B, Other Operating Expenses of 10.1 B or Operating Income of 2.5 B, as well as many indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.0408 or PTB Ratio of 1.0. State financial statements analysis is a perfect complement when working with State Street Valuation or Volatility modules.
  
Check out the analysis of State Street Correlation against competitors.

Latest State Street's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of State Street Corp over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. State Street's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in State Street's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Pretty Stable
   Return On Tangible Assets   
       Timeline  

State Return On Tangible Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation11.92
Mean Deviation0.0008
Median0.01
Standard Deviation0
Sample Variance0.00000118
Range0.0043
R-Value(0.25)
Mean Square Error0.0000012
R-Squared0.06
Significance0.38
Slope(0.00006)
Total Sum of Squares0.000017

State Return On Tangible Assets History

2024 0.00959
2023 0.006742
2022 0.009487
2021 0.008824
2020 0.007929
2019 0.0101
2018 0.0111

About State Street Financial Statements

State Street shareholders use historical fundamental indicators, such as Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although State Street investors may analyze each financial statement separately, they are all interrelated. The changes in State Street's assets and liabilities, for example, are also reflected in the revenues and expenses on on State Street's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 

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Additional Tools for State Stock Analysis

When running State Street's price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.