State Street (STT) Financials

State Street Corp (STT) is a leading provider of financial services to institutional investors worldwide. The company's income statement reflects its financial performance, showing its revenue, expenses, and resulting net income. In the most recent period, State Street Corp reported total revenue of $12.5 billion, representing a 4% increase compared to the previous year. The company's gross profit was $6.8 billion, with EBIT (earnings before interest and taxes) of $2.9 billion. After accounting for interest and taxes, State Street Corp's net income from stockholders amounted to $2.2 billion. These figures demonstrate the company's strong financial position and profitability.

State Street Corp's balance sheet provides an overview of its financial health and assets. The company reported total assets of $271 billion, with stockholders' equity of $28.5 billion. Cash equivalents amounted to $4.1 billion, ensuring the company's liquidity. State Street Corp also disclosed its total liabilities, which stood at $242 billion, including total debt of $196 billion. These figures show that the company relies on a combination of debt and equity to finance its operations. Additionally, State Street Corp's cash flow statement reveals how it manages its cash resources. The operating cash flow demonstrates the company's ability to generate cash from its core business activities, while the investing and financing cash flows show how the company invests in assets and raises capital. Furthermore, State Street Corp's free cash flow, which represents the cash available for discretionary purposes, provides insights into its financial flexibility.