STT vs. TROW: State Street vs. T. Rowe Price Stock Comparison
How do State Street (STT) and T. Rowe Price (TROW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
State Street (STT) and T. Rowe Price (TROW) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Profile Item | STT | TROW |
|---|---|---|
| Name | State Street Corporation Common Stock | T. Rowe Price Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Asset Management & Custody Banks | Asset Management & Custody Banks |
| Market Capitalization | 45.05 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 17, 1980 | April 2, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | STT | TROW |
|---|---|---|
| Total Return (1Y) | 49.16% | 14.59% |
| Total Return (3Y, Annualized) | 41.54% | 11.26% |
| Total Return (5Y, Annualized) | 16.00% | -8.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | STT | TROW |
|---|---|---|
| Volatility (1Y, Annualized) | 25.01% | 24.99% |
| Beta (5Y) | 1.36 | 1.39 |
| Max Drawdown (5Y) | -41.45% | -57.57% |
| Avg. Volume (3M) | 1.85M | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | STT | TROW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.79 | 0.41 |
| Sortino Ratio (1Y) | 2.61 | 0.58 |
Profitability
ROE (TTM)
Both State Street (STT) at 13.08% and T. Rowe Price (TROW) at 18.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
STT
Financial Services industry group
13.08%
- Max
- 44.78%
- Q3
- 21.85%
- STT
- 13.08%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
T. Rowe Price (TROW) at 28.40% retains a top-quartile share of revenue as profit, ahead of State Street (STT) at 23.78%, which keeps about the industry-typical share.
STT
Financial Services industry group
23.78%
- Max
- 62.84%
- Q3
- 28.05%
- STT
- 23.78%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both State Street (STT) at 34.63% and T. Rowe Price (TROW) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
STT
Financial Services industry group
34.63%
- Max
- 107.33%
- Q3
- 55.90%
- STT
- 34.63%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | STT | TROW |
|---|---|---|
| ROE (TTM) | 13.08% | 18.20% |
| ROA (TTM) | 0.95% | 10.67% |
| Net Margin (TTM) | 23.78% | 28.40% |
| Operating Margin (TTM) | 34.63% | 38.60% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both State Street (STT) at 8.10% and T. Rowe Price (TROW) at 3.12% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both State Street (STT) at 14.49% and T. Rowe Price (TROW) at 0.98% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | STT | TROW |
|---|---|---|
| Revenue Growth (YoY) | 8.10% | 3.12% |
| Revenue Growth (3Y CAGR) | 4.82% | 4.08% |
| EPS Growth (YoY) | 14.49% | 0.98% |
| EPS Growth (3Y CAGR) | 9.35% | 11.31% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: State Street (STT) in Financial Services and T. Rowe Price (TROW) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: State Street (STT) in Financial Services and T. Rowe Price (TROW) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | STT | TROW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
T. Rowe Price (TROW) at 4.76% delivers top-quartile income for its industry, while State Street (STT) at 2.08% pays a more typical yield — both are credible income propositions, TROW the richer one.
STT
Financial Services industry group
2.08%
- Max
- 9.77%
- Q3
- 3.92%
- STT
- 2.08%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both State Street (STT) at 28.10% and T. Rowe Price (TROW) at 52.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
STT
Financial Services industry group
28.10%
- Max
- 241.07%
- Q3
- 97.36%
- STT
- 28.10%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | STT | TROW |
|---|---|---|
| Dividend Yield (TTM) | 2.08% | 4.76% |
| Dividend Payout Ratio (TTM) | 28.10% | 52.33% |
Valuation
P/E Ratio (TTM)
Both State Street (STT) at 13.53 and T. Rowe Price (TROW) at 10.97 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
STT
Financial Services industry group
13.53
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- STT
- 13.53
- Q1
- 9.68
- Min
- 0.16
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both State Street (STT) at 2.91 and T. Rowe Price (TROW) at 3.00 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
STT
Financial Services industry group
2.91
- Max
- 9.23
- Q3
- 4.57
- STT
- 2.91
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both State Street (STT) at 1.83 and T. Rowe Price (TROW) at 2.03 are valued close to their industries’ norm against book — neither stands out from peers.
STT
Financial Services industry group
1.83
- Max
- 7.79
- Q3
- 3.63
- STT
- 1.83
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | STT | TROW |
|---|---|---|
| P/E Ratio (TTM) | 13.53 | 10.97 |
| P/S Ratio (TTM) | 2.91 | 3.00 |
| P/B Ratio (MRQ) | 1.83 | 2.03 |
| Free Cash Flow Yield (TTM) | -- | -- |