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

173.68 2.29 +1.34%
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) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Northern Trust Corporation (NTRS) trades at a P/E ratio of 13.4×. Over the past ten years it has ranged from 7.8× (April 2025) to 22.4× (March 2018); the current reading is higher than 24% of that period. That is in line with the Asset Management industry median of 13.4× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 15.5× 48.72%
FY2024 10.4× (38.08%)
FY2023 16.9× 15.59%
FY2022 14.6× (12.49%)
FY2021 16.7× (1.85%)
FY2020 17.0× 6.55%
FY2019 16.0× 27.48%
FY2018 12.5× (37.72%)
FY2017 20.1× (3.17%)
FY2016 20.8× 16.00%

Quarterly newest first

Period P/E ratio Change
Sep 2026 13.2× (11.08%)
Jun 2026 14.8× 2.11%
Mar 2026 14.5× (6.44%)
Dec 2025 15.5× (0.48%)
43 more quarters

Against its own ten years

Low 7.8× High 22.4×
Ten-year median 15.9×
Current reading's percentile 26

P/E ratio against peers

Company P/E ratio
TROW T. Rowe Price Group, Inc. compare 11.0×
AMP Ameriprise Financial, Inc. compare 11.3×
PFG Principal Financial Group, Inc. compare 12.6×
STT State Street Corporation compare 13.3×
NTRS Northern Trust Corporation 13.4×
RJF Raymond James Financial, Inc. compare 13.6×
TPG TPG Inc. compare 19.7×
ARES Ares Management Corporation compare 69.2×
PS Pershing Square Inc. compare —
Asset Management industry median 13.4×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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