Northern Trust (NTRS) Financials: Revenue & Earnings

NTRS price $171.47 +1.12 +0.66%

Ticker
NTRS
Price
$171.47
Change
+1.12 +0.66%
Market cap ?
$31.37B
P/E ?
13.22
Forward P/E ?
14.49
Dividend yield ?
1.93%
Beta ?
1.25
Sector
Financial Services
Industry
Asset Management
Stocklytics score
50
Value
52
Quality
52
Growth
46

Stocklytics score rationale: value 52, quality 52, growth 46.

Financials

2016201720182019202020212022202320242025
5020700000571550000066589000006895100000630110000064883000007751700000121165000001587560000014299900000

Northern Trust Corporation, a financial holding company established in 1889 and based in Chicago, Illinois, offers a comprehensive suite of wealth management, asset servicing, asset management, and banking solutions worldwide. Its diverse client base includes corporations, institutions, families, and individual investors. The company structures its operations across two primary segments: Asset Servicing and Wealth…

Fair value

NTRS fair value $351.89. Price $171.47. Price is 51% below fair value.

Below fair value, but more expensive than usual. A smaller discount than on 90% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 2.06B. Growth 12.01%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.19% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 182.96M. Net debt -44.70B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare NTRS

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-01-21—3.06—2.30B
2026-10-213.202.872.30B2.26B
2026-07-222.972.712.71B2.69B
2026-04-212.712.322.21B2.12B
2026-01-222.692.372.14B2.06B
2025-10-222.292.263.58B2.03B
2025-07-232.132.063.60B1.97B
2025-04-221.901.853.51B1.95B
2025-01-232.261.961.96B1.92B
2024-10-232.011.741.41B1.93B
2024-07-171.781.754.61B1.84B
2024-04-161.701.453.56B1.78B
2024-01-181.461.333.26B1.73B
2023-10-181.491.501.71B1.75B
2023-07-191.561.621.77B1.77B
2023-04-251.511.521.73B1.78B
2023-01-191.651.811.51B1.75B
2022-10-191.801.841.75B1.77B
2022-07-201.861.931.76B1.76B
2022-04-261.771.641.72B1.69B
2022-01-201.911.811.68B1.68B
2021-10-201.801.671.65B1.61B
2021-07-211.791.711.61B1.61B
2021-04-201.701.491.61B1.19B
2021-01-211.491.521.52B1.31B
2020-10-211.481.381.48B1.36B
2020-07-221.461.371.44B1.41B
2020-04-211.551.451.53B1.55B
2020-01-221.801.741.55B1.58B
2019-10-231.691.631.54B1.61B
2019-07-241.751.681.51B1.59B
2019-04-231.481.471.48B1.63B
2019-01-231.671.641.51B1.51B
2018-10-171.581.611.48B1.63B
2018-07-181.681.631.50B1.55B
2018-04-171.551.401.48B1.37B
2018-01-241.331.311.42B1.47B
2017-10-181.231.121.35B1.33B
2017-07-191.181.231.33B1.50B
2017-04-251.091.071.29B1.29B

Dividends

Yield 1.91%. Payout ratio 26.32%. Frequency Quarterly.

Safety score 100/100 · Safe. Payout ratio is 26% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 41 separate years. Yield is 1.9%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-12-04$0.882026-12-042027-01-01Quarterly
2026-09-04$0.882026-09-042026-10-01Quarterly
2026-06-05$0.802026-06-052026-07-01Quarterly
2026-03-06$0.802026-03-062026-04-01Quarterly
2025-12-05$0.802025-12-052026-01-01Quarterly
2025-09-05$0.802025-09-052025-10-01Quarterly
2025-06-06$0.752025-06-062025-07-01Quarterly
2025-03-14$0.752025-03-142025-04-01Quarterly
2024-12-06$0.752024-12-062025-01-01Quarterly
2024-09-06$0.752024-09-062024-10-01Quarterly
2024-06-07$0.752024-06-072024-07-01Quarterly
2024-03-07$0.752024-03-082024-04-01Quarterly
2023-12-07$0.752023-12-082024-01-01Quarterly
2023-09-07$0.752023-09-082023-10-01Quarterly
2023-06-08$0.752023-06-092023-07-01Quarterly
2023-03-09$0.752023-03-102023-04-01Quarterly
2022-12-08$0.752022-12-092023-01-01Quarterly
2022-09-08$0.752022-09-092022-10-01Quarterly
2022-06-09$0.702022-06-102022-07-01Quarterly
2022-03-10$0.702022-03-112022-04-01Quarterly
2021-12-09$0.702021-12-102022-01-01Quarterly
2021-09-09$0.702021-09-102021-10-01Quarterly
2021-06-10$0.702021-06-112021-07-01Quarterly
2021-03-11$0.702021-03-122021-04-01Quarterly
2020-12-10$0.702020-12-112021-01-01Quarterly
2020-09-10$0.702020-09-112020-10-01Quarterly
2020-06-11$0.702020-06-122020-07-01Quarterly
2020-03-12$0.702020-03-132020-04-01Quarterly
2019-12-12$0.702019-12-132020-01-01Quarterly
2019-09-12$0.702019-09-132019-10-01Quarterly
2019-06-13$0.602019-06-142019-07-01Quarterly
2019-03-07$0.602019-03-082019-04-01Quarterly
2018-12-13$0.552018-12-142019-01-01Quarterly
2018-09-13$0.552018-09-142018-10-01Quarterly
2018-06-07$0.422018-06-082018-07-01Quarterly
2018-03-08$0.422018-03-092018-04-01Quarterly
2017-11-30$0.422017-12-012018-01-01Quarterly
2017-08-30$0.422017-09-012017-10-01Quarterly
2017-05-31$0.382017-06-022017-07-01Quarterly
2017-03-01$0.382017-03-032017-04-01Quarterly
2016-11-30$0.382016-12-022017-01-01Quarterly
2016-08-31$0.382016-09-022016-10-01Quarterly
2016-06-01$0.362016-06-032016-07-01Quarterly
2016-03-02$0.362016-03-042016-04-01Quarterly
2015-12-02$0.362015-12-042016-01-01Quarterly
2015-09-02$0.362015-09-042015-10-01Quarterly
2015-06-03$0.362015-06-052015-07-01Quarterly
2015-03-04$0.332015-03-062015-04-01Quarterly
2014-12-03$0.332014-12-052015-01-01Quarterly
2014-09-03$0.332014-09-052014-10-01Quarterly
2014-06-04$0.332014-06-062014-07-01Quarterly
2014-03-05$0.312014-03-072014-04-01Quarterly
2013-12-04$0.312013-12-062014-01-02Quarterly
2013-09-04$0.312013-09-062013-10-01Quarterly
2013-06-05$0.312013-06-072013-07-01Quarterly
2013-03-06$0.302013-03-082013-04-01Quarterly
2012-12-05$0.302012-12-072012-12-27Quarterly
2012-09-05$0.302012-09-072012-10-01Quarterly
2012-06-06$0.302012-06-082012-07-02Quarterly
2012-03-07$0.282012-03-092012-04-02Quarterly
2011-12-07$0.282011-12-092012-01-03Quarterly
2011-09-07$0.282011-09-092011-10-03Quarterly
2011-06-08$0.282011-06-102011-07-01Quarterly
2011-03-08$0.282011-03-102011-04-01Quarterly
2010-12-08$0.282010-12-102011-01-03Quarterly
2010-09-08$0.282010-09-102010-10-01Quarterly
2010-06-08$0.282010-06-102010-07-01Quarterly
2010-03-08$0.282010-03-102010-04-01Quarterly
2009-12-08$0.282009-12-102010-01-04Quarterly
2009-09-08$0.282009-09-102009-10-01Quarterly
2009-06-08$0.282009-06-102009-07-01Quarterly
2009-03-06$0.282009-03-102009-04-01Quarterly
2008-12-08$0.282008-12-102009-01-02Quarterly
2008-09-08$0.282008-09-102008-10-01Quarterly
2008-06-06$0.282008-06-102008-07-01Quarterly
2008-03-06$0.282008-03-102008-04-01Quarterly
2007-12-06$0.282007-12-102008-01-02Quarterly
2007-09-06$0.252007-09-102007-10-01Quarterly
2007-06-06$0.252007-06-082007-07-02Quarterly
2007-03-07$0.252007-03-092007-04-02Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-10-26Levy Susan CohenBuy3.92K$88.06345.37K
2026-10-26Levy Susan CohenSell3.92K$168.69661.60K
2026-10-26Levy Susan CohenSell3.92K$88.06345.37K
2026-10-23Levy Susan CohenBuy16.98K$88.061.50M
2026-10-23Levy Susan CohenSell16.98K$168.152.86M
2026-10-23Levy Susan CohenSell16.98K$88.061.50M
2026-10-20Qureshi RimaBuy495——
2026-10-20Qureshi RimaOther0——
2026-10-17Taylor AlexandriaSell3.82K$165.40632.32K
2026-10-01Tribbett Charles ABuy80$169.2013.56K
2026-10-01Thompson DonaldBuy145$169.2024.59K
2026-10-01SLARK MARTIN PBuy71$169.2011.95K
2026-10-01Petrino RichardBuy6$169.201.05K
2026-10-01Mehta Siddharth NBuy31$169.205.21K
2026-10-01Klevorn Marcy SBuy65$169.2011.06K
2026-10-01Harrison Dean MBuy152$169.2025.65K
2026-10-01Dhandapani ChandraBuy31$169.205.21K
2026-10-01CROWN SUSANBuy87$169.2014.70K
2026-09-30Thompson DonaldBuy221$169.3637.50K
2026-09-30Harrison Dean MBuy266$169.3645.00K
2026-09-30Dhandapani ChandraBuy207$169.3635.00K
2026-09-01Hunstad MichaelSell622$183.86114.36K
2026-08-24South Thomas ASell1.80K$184.90332.82K
2026-07-31SMITH DAVID BYRON JRBuy1.12K——
2026-07-29Moritz Robert Edward Jr.Buy255$179.5745.79K
2026-07-01Tribbett Charles ABuy70$175.6012.27K
2026-07-01Thompson DonaldBuy126$175.6022.08K
2026-07-01SLARK MARTIN PBuy62$175.6010.82K
2026-07-01Petrino RichardBuy5$175.60946
2026-07-01Mehta Siddharth NBuy27$175.604.72K
2026-07-01Klevorn Marcy SBuy57$175.6010.01K
2026-07-01Harrison Dean MBuy131$175.6023.00K
2026-07-01Dhandapani ChandraBuy26$175.604.56K
2026-07-01CROWN SUSANBuy76$175.6013.30K
2026-06-30Thompson DonaldBuy216$173.8437.50K
2026-06-30Harrison Dean MBuy259$173.8445.00K
2026-06-30Dhandapani ChandraBuy201$173.8435.00K
2026-06-03Hallinan AengusSell2.56K$167.10426.94K
2026-06-03Hallinan AengusSell1.11K$167.96186.94K
2026-06-01Hallinan AengusSell2.71K$166.82451.58K
2026-05-22South Thomas ASell320——
2026-05-04South Thomas ASell1.30K——
2026-05-01Moritz Robert Edward Jr.Buy225$166.4137.44K
2026-04-30SMITH DAVID BYRON JRBuy1.20K——
2026-04-29Fox David W JrSell13$165.742.15K
2026-04-28Fox David W JrSell19.99K$166.163.32M
2026-04-24Bellows CliveSell2.80K$165.02462.06K
2026-04-21Tribbett Charles ABuy989——
2026-04-21SMITH DAVID BYRON JRBuy989——
2026-04-21Petrino RichardBuy989——
2026-04-21Petrino RichardBuy17$171.743.00K
2026-04-21Moritz Robert Edward Jr.Buy989——
2026-04-21Henderson Jay LBuy989——
2026-04-21Thompson DonaldBuy989——
2026-04-21Thompson DonaldBuy35$171.745.99K
2026-04-21SLARK MARTIN PBuy989——
2026-04-21SLARK MARTIN PBuy35$171.745.99K
2026-04-21Mehta Siddharth NBuy989——
2026-04-21Mehta Siddharth NBuy35$171.745.99K
2026-04-21Klevorn Marcy SBuy989——
2026-04-21Klevorn Marcy SBuy35$171.745.99K
2026-04-21Harrison Dean MBuy989——
2026-04-21Harrison Dean MBuy35$171.745.99K
2026-04-21Dhandapani ChandraBuy989——
2026-04-21Dhandapani ChandraBuy35$171.745.99K
2026-04-21CROWN SUSANBuy989——
2026-04-21CROWN SUSANBuy35$171.745.99K
2026-04-01Tribbett Charles ABuy86$141.4112.21K
2026-04-01Thompson DonaldBuy143$141.4120.20K
2026-04-01SLARK MARTIN PBuy65$141.419.22K
2026-04-01Petrino RichardBuy2$141.41344
2026-04-01Mehta Siddharth NBuy22$141.413.15K
2026-04-01Klevorn Marcy SBuy60$141.418.41K
2026-04-01Harrison Dean MBuy149$141.4121.07K
2026-04-01Dhandapani ChandraBuy20$141.412.79K
2026-04-01CROWN SUSANBuy83$141.4111.69K
2026-03-31Thompson DonaldBuy269$139.5737.50K
2026-03-31Harrison Dean MBuy322$139.5745.00K
2026-03-31Dhandapani ChandraBuy251$139.5735.00K
2026-03-05Gibson GuySell3.01K$142.39428.45K
2026-03-04Fox David W JrSell3.25K$143.89468.36K
2026-03-01Bellows CliveSell662$143.1594.77K
2026-03-01Bellows CliveSell2.45K$143.15351.29K
2026-03-01Fox David W JrSell2.35K$143.15337.12K
2026-03-01Tyler Jason J.Sell3.84K$143.15549.27K
2026-03-01Taylor AlexandriaSell1.87K$143.15267.40K
2026-03-01South Thomas ASell2.54K$143.15364.17K
2026-03-01O'Grady MichaelSell11.13K$143.151.59M
2026-03-01Levy Susan CohenSell2.67K$143.15382.35K
2026-03-01Landers JohnSell300$143.1542.95K
2026-03-01Hunstad MichaelSell3.87K$143.15553.56K
2026-03-01Gibson GuySell2.67K$143.15382.50K
2026-03-01Cherecwich PeterSell4.16K$143.15595.07K
2026-02-25Fox David W JrSell1.45K$144.05208.87K
2026-02-17Cherecwich PeterBuy26.32K——
2026-02-17Cherecwich PeterSell11.66K$147.241.72M
2026-02-17Taylor AlexandriaBuy6.41K——
2026-02-17Taylor AlexandriaSell2.84K$147.24418.16K
2026-02-17O'Grady MichaelBuy72.64K——
2026-02-17O'Grady MichaelSell32.18K$147.244.74M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.04K, holders +62 vs prior quarter. Ownership 84.81%.

HolderSharesChangeChange %Value
BLACKROCK, INC.14.52M147.98K+1.03%2.52B
VANGUARD CAPITAL MANAGEMENT LLC11.78M-3.92K-0.03%2.05B
STATE STREET CORP9.10M12.30K+0.14%1.59B
FMR LLC8.68M-2.13M-19.67%1.51B
VANGUARD PORTFOLIO MANAGEMENT LLC8.41M-4.82K-0.06%1.46B
PRIMECAP MANAGEMENT CO/CA/6.10M-448.30K-6.85%1.06B
MASSACHUSETTS FINANCIAL SERVICES CO /MA/5.70M-103.18K-1.78%1.01B
NORTHERN TRUST CORP5.55M-322.17K-5.48%965.56M
GEODE CAPITAL MANAGEMENT, LLC5.16M-9.99K-0.19%892.89M
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO4.15M00.00%720.58M
INVESCO LTD.3.27M-240.50K-6.84%569.09M
AQR CAPITAL MANAGEMENT LLC2.94M453.03K+18.22%511.06M
GOLDMAN SACHS GROUP INC2.89M90.01K+3.22%501.85M
MORGAN STANLEY2.68M150.96K+5.97%465.67M
DIMENSIONAL FUND ADVISORS LP2.50M41.91K+1.71%434.27M
BANK OF NEW YORK MELLON CORP2.08M40.94K+2.01%361.08M
NORGES BANK2.00M2.00MNew348.02M
AMERICAN CENTURY COMPANIES INC1.93M56.93K+3.04%335.45M
ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V.1.47M30.73K+2.13%255.80M
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC1.36M-200.25K-12.87%235.59M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.25M-1.53K-0.12%216.80M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.1.25M1.25MNew216.80M
LEGAL & GENERAL GROUP PLC1.19M-155.34K-11.54%207.05M
VANGUARD FIDUCIARY TRUST CO1.03M-7.74K-0.74%179.59M
WELLINGTON MANAGEMENT GROUP LLP980.58K-257.64K-20.81%170.46M

Earnings and financials

Northern Trust Corporation (NTRS) trades at $171.47, with a market cap of $31.37B and a trailing P/E of 13.22. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.

Financials

2016201720182019202020212022202320242025
5020700000571550000066589000006895100000630110000064883000007751700000121165000001587560000014299900000

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Northern Trust (NTRS) Financials: Revenue & Earnings

NTRS$171.47+1.12 +0.66%

$31.37B

Market Cap

13.22

P/E

14.49

Forward P/E

50

Score

Price History