Northern Trust Corporation (NTRS)
Financial Services · Asset Management · NasdaqGS
Northern Trust Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.96B | $5.38B | $5.96B | $6.07B | $6.10B | $6.46B | $6.81B | $6.83B | $8.32B | $8.11B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $1.03B | $1.20B | $1.56B | $1.49B | $1.21B | $1.55B | $1.28B | $1.05B | $1.97B | $1.68B |
| Net margin | 20.8% | 22.3% | 26.1% | 24.6% | 19.8% | 23.9% | 18.8% | 15.4% | 23.7% | 20.7% |
Source: Northern Trust Corporation SEC filings (10-K). 19 years of history available in the interactive view.
What growth is priced into NTRS stock?
At today's market cap of $31.57B, Northern Trust Corporation is priced for free-cash-flow growth of about -9.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $5.46B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 25.4%/yr over the last five fiscal years and revenue 5.9%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Northern Trust Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Northern Trust Corporation financial history by metric
About Northern Trust Corporation
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical, employee benefit, securities lending, foreign exchange, treasury management, brokerage, transition management, banking, and cash management services. It serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage; and private and business banking services. This segment also provides global custody; fiduciary; family office consulting; and technology solutions to high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately-held businesses. In addition, it offers asset management, and related services and other products comprising active and passive equity; active and passive fixed income; cash management; muti-asset and alternative asset classes which includes private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. Further, the company provides overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Northern Trust Corporation — frequently asked questions
What is Northern Trust Corporation's revenue?
Northern Trust Corporation (NTRS) reported revenue of $8.11B for fiscal year 2025, down 2.5% from the prior year, according to its SEC filings.
Is Northern Trust Corporation profitable?
Yes. NTRS earned net income of $1.68B in fiscal 2025, a net margin of 20.7%.
What is NTRS's P/E ratio?
Northern Trust Corporation trades at a price-to-earnings ratio of about 17.9 based on the latest data in our nightly-refreshed cache.
How fast is Northern Trust Corporation growing?
NTRS's revenue grew at roughly 5.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Northern Trust Corporation have?
As of fiscal year 2025, NTRS carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Northern Trust Corporation's market cap?
Northern Trust Corporation (NTRS) has a market capitalization of about $31.57B, based on the latest data in our nightly-refreshed cache.
When does Northern Trust Corporation's fiscal year end?
NTRS's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into NTRS stock?
At today's market cap of $31.57B, Northern Trust Corporation is priced for free-cash-flow growth of about -9.9% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $5.46B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 25.4%/yr over the last five fiscal years and revenue 5.9%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Northern Trust Corporation's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.