Northern Trust Corporation

Northern Trust Corporation

NTRSยทNASDAQ

$142.25

+0.59%
Financial ServicesAsset Management

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. 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 services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment 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 services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising 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. In addition, it offers overlay and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.

At a Glance

Live Snapshot
Market Cap$26.43B
EPS8.7900
P/E Ratio16.18
Earnings Date04/20/2026
3Y+131.0%
5Y+192.0%
10Y+266.0%
3Y-178.0%
5Y-33.0%
10Y+98.0%
3Y-157.0%
5Y-46.0%
10Y+101.0%
NTRS

Northern Trust Corporation Cash Conversion Engine

NTRS ยท NASDAQ
Net Income1.74B
Depreciation & Amortization779.10M
Stock-Based Compensation0.00
Change in Working Capital2.71B
Others109.10M
Capital Expenditures-74.00M
Free Cash Flow5.46B

Cash Flow Quality Analysis

FCF Conversion Rate

314.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

1.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+543.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$2.71B

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Northern Trust Corporation Cash Flow Statement

NTRS โ€ข NASDAQ

Northern Trust Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
1.7B
2B
1.1B
1.3B
1.5B
1.2B
1.5B
1.6B
1.2B
1B
973.8M
811.8M
731.3M
687.3M
603.6M
669.5M
864.2M
794.8M
726.9M
665.4M
779.1M
716.8M
634.6M
553.6M
515.6M
500.3M
458.9M
460.9M
421.7M
373.3M
351.6M
335.7M
318.5M
289.4M
265.1M
249.5M
243.7M
220.4M
211.4M
199.6M
194.5M
20.7M
-48.2M
-142.7M
2M
16.4M
34.3M
10.5M
-76.1M
-175.8M
-146.2M
-36.4M
66.6M
79.7M
97.2M
12.1M
183.8M
-190.9M
-70.3M
83.9M
109.1M
-102.4M
951.1M
-285.7M
191.1M
182.3M
-402.8M
737.8M
-238M
718.7M
-328.6M
112.5M
222.4M
-80.7M
406.5M
166.3M
-516.3M
219.2M
227.8M
-324.7M
(0.0)
(268.6M)
(362.5M)
(459.9M)
(371M)
(327.7M)
(437M)
(493.5M)
(441.2M)
(754.2M)
(390M)
(279.2M)
(262.6M)
(188.5M)
(153.3M)
(173.1M)
(409.6M)
(485.1M)
(368M)
(304.1M)
2.7B
-3.2B
-19.2M
931.2M
-898M
-11.5M
1B
-998.1M
413.8M
-438.7M
983.8M
-287.6M
-499.5M
-161.3M
-118.1M
-307.2M
239.3M
-188.2M
-215.1M
-235.7M
5.5B
-486M
2.6B
2.4B
1.4B
1.9B
2.6B
1.8B
1.7B
1.5B
1.8B
936M
839.3M
814.4M
1.3B
790.2M
1B
855.3M
880.7M
388.5M
INVESTING ACTIVITIES
-774.2M
-101.5M
-116.5M
-128.6M
-95.5M
-135.8M
-158M
-97.6M
-91.6M
-111.3M
-98.5M
-81.9M
-91.9M
-73.3M
-96.9M
-90.5M
-132.6M
-102.3M
-89.5M
-99.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-10.5M
-104.2M
-188.5M
-16.9M
(0.0)
(0.0)
(0.0)
(0.0)
-172.6M
(0.0)
(0.0)
-8.6M
(0.0)
(0.0)
-44.7B
-39.5B
-40.1B
-37.4B
-68.6B
-51.1B
-27B
-34.1B
-21.7B
-23.3B
-19.6B
-19.8B
-13.9B
-23.3B
-33.4B
-15.1B
-14.3B
-15.5B
-55.2B
-87.1B
37.8B
37.9B
43.7B
44.2B
65B
44.4B
27.3B
29B
20B
15.3B
15.2B
16.4B
14.3B
23.4B
23.4B
11.9B
12.1B
8.5B
58.8B
86.1B
-12.5B
-784.9M
1.3B
19.3B
-14.9B
-23.1B
-3.6B
9.6B
-12B
-2.1B
-2.4B
-4.7B
-6B
1.6B
-5B
1.6B
582.8M
-7.2B
-11B
-4.2B
-20.2B
-2.6B
(4.8B)
(25.9B)
-18.6B
-29.9B
-3.4B
(4.3B)
-14B
-10.2B
-6.9B
-8.2B
-5.7B
(1.6B)
-15.4B
-1.8B
-1.7B
-14.3B
-7.5B
-5.4B
FINANCING ACTIVITIES
-1.3B
-937.8M
-347.5M
-35.4M
-267.6M
-299.8M
-1.1B
-924.3M
-523.1M
-411.1M
-496.9M
-480.7M
-309.7M
-162.4M
-79M
-5.9M
823.4M
-68.3M
-213M
-127.4M
278.4M
-103.8M
940.9M
5.5B
-1.2B
-2.2B
-686.5M
2B
1.1B
1.1B
2.1B
-804.3M
1.2B
-859.2M
249.8M
-348.9M
703.9M
-811.3M
-319.9M
-80.3M
-633.4M
-644.1M
-663.3M
-796.7M
-625.1M
-630.5M
-576.1M
-451.8M
-406.6M
-356.4M
-348.4M
-302.9M
-220.6M
-354.3M
-273.7M
-273.2M
-306.9M
-247.7M
-219.5M
-200.5M
-1.3B
-937.8M
-347.5M
-35.4M
-267.6M
-299.8M
-1.1B
-924.3M
-523.1M
-411.1M
-496.9M
-480.7M
-309.7M
-162.4M
-79M
-5.9M
-10.7M
-68.3M
-213M
-127.4M
16.8B
5.1B
-7.1B
-31.1B
18.2B
31.4B
2.6B
-6.5B
11.1B
6.7B
7.3B
8.3B
3.7B
-1.7B
15.9B
1.8B
776.8M
11.9B
6.2B
7.2B
15.2B
3.4B
-7.2B
-26.4B
16.1B
27.9B
615.9M
-5.8B
11.3B
7.5B
8.5B
7.1B
4.4B
-3.1B
15.8B
1.1B
421.2M
12.4B
5.5B
6.8B
CASH FLOW SUMMARY
656.4M
-504.3M
-89.8M
-287.4M
-159.6M
84.6M
74.7M
-212.9M
234.6M
58.7M
-70.9M
86.9M
-134.6M
68.3M
-172.2M
158.9M
86.3M
-157.6M
88.7M
153M
1.2B
-114.3M
137.3M
1.6B
-1.3B
-69.7M
-122.4M
63.5M
-813.9M
-1.1B
3.4B
-138M
-590.3M
-562.6M
1.5B
326.2M
-156.4M
-1.3B
-1B
2B
4.7B
4.8B
4.7B
3.1B
4.4B
4.5B
4.6B
4.5B
5.3B
6.4B
3B
3.2B
3.8B
4.3B
2.8B
2.5B
2.6B
3.9B
5B
3B
5.9B
4.7B
4.8B
4.7B
3.1B
4.4B
4.5B
4.6B
4.5B
5.3B
6.4B
3B
3.2B
3.8B
4.3B
2.8B
2.5B
2.6B
3.9B
5B
5.5B
-1.2B
1.9B
1.7B
840.9M
1.3B
2B
1.3B
1.2B
1B
1.4B
526.5M
454.4M
501.9M
883.2M
479.1M
700.5M
547.3M
627.2M
150M

SEC Filings

NTRS - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

March 11, 2026
April 21, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 10, 2026
February 10, 2026
2026
8-K

8-K 2026

N/A

January 22, 2026
January 22, 2026
2026
8-K

8-K 2025

N/A

November 19, 2025
November 19, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 22, 2025
October 22, 2025
2025
S-3

S-3

N/A

October 22, 2025
October 22, 2025
ย 
8-K

8-K 2025

N/A

September 03, 2025
September 03, 2025
2025
10-Q

10-Q 2025 Q2

Q2

July 30, 2025
June 30, 2025
2025
Showing 1 to 10 of 520 filings