Northern Trust Corporation

NTRS Financial Asset Management

Northern Trust Corporation’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, down 9.92% from fiscal 2024.

Revenue
+3.27%
EPS
+48.7%
Free cash flow
+366.4%
Total debt
−23.4%

Quarter to September 2026, against a year earlier

174.39 3.00 +1.75%
Market cap
$31.0B
P/E
13.4×
Fwd P/E
12.6×
Dividend yield
1.91%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Northern Trust Corporation (NTRS) Net margin

Alert me on Net margin

Northern Trust Corporation's net margin over the twelve months to 30 September 2026 was 15.5%, up 3.7 percentage points from fiscal 2025 (11.7%). Over the past ten years it has ranged from 8.70% (fiscal 2023) to 23.0% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Asset Management industry median of 11.9% and above the Financial sector median of 14.3%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 11.7% (0.68)
FY2024 12.4% 3.72
FY2023 8.70% (7.84)
FY2022 16.5% (6.43)
FY2021 23.0% 4.86
FY2020 18.1% (2.61)
FY2019 20.7% (1.96)
FY2018 22.7% 2.90
FY2017 19.8% 0.53
FY2016 19.3% 0.00

Quarterly newest first

Period Net margin Change (points)
Sep 2026 17.0% (1.61)
Jun 2026 18.6% 5.24
Mar 2026 13.3% 0.78
Dec 2025 12.6% 0.22
43 more quarters

Against its own ten years

Low 8.70% High 23.0%
Ten-year median 19.3%
Current reading's percentile 35

Net margin against peers

Company Net margin
TROW T. Rowe Price Group, Inc. compare 28.1%
AMP Ameriprise Financial, Inc. compare 21.0%
NTRS Northern Trust Corporation 15.5%
STT State Street Corporation compare 14.8%
RJF Raymond James Financial, Inc. compare 13.5%
PFG Principal Financial Group, Inc. compare 11.9%
ARES Ares Management Corporation compare 5.75%
TPG TPG Inc. compare 5.32%
PS Pershing Square Inc. compare −67.6%
Asset Management industry median 11.9%
Financial sector median 14.3%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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