Northern Trust Corporation NTRS

175.73 1.23 0.70% as of 25 Sep
Market cap
$31.9B
P/E
15.0×
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Northern Trust Corporation (NTRS) Price to free cash flow

Northern Trust Corporation has no meaningful price to free cash flow: its trailing twelve-month free cash flow is negative. Over the past ten years it has ranged from 0.0× (September 2026) to 94.5× (October 2021) — the current reading is the lowest in ten years.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 5.5× —
FY2024 0.0× —
FY2023 9.0× (19.50%)
FY2022 11.2× (62.14%)
FY2021 29.6× 103.85%
FY2020 14.5× 26.91%
FY2019 11.4× (22.63%)
FY2018 14.8× (18.74%)
FY2017 18.2× (7.54%)
FY2016 19.7× 64.64%

Quarterly

Period Price to free cash flow Change
Jun 2026 0.0× —
Mar 2026 15.7× 185.11%
Dec 2025 5.5× (63.19%)
Sep 2025 14.9× 7.40%
42 more quarters

Against its own ten years

Low 0.0× High 94.5×
Ten-year median 11.6×
Current reading's percentile 17

Price to free cash flow against peers

Company Price to free cash flow
NTRS Northern Trust Corporation n/m
PFG Principal Financial Group, Inc. compare n/m
AMP Ameriprise Financial, Inc. compare 5.6×
TPG TPG Inc. compare 8.0×
TROW T. Rowe Price Group, Inc. compare 13.5×
RJF Raymond James Financial, Inc. compare 21.5×
STT State Street Corporation compare 24.8×
ARES Ares Management Corporation compare 33.0×
BEN Franklin Resources Inc compare 73.5×
Asset Management industry median 8.9×
Financial sector median 10.0×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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