YouTube · Q1 2026 · 2026-05-02
NTRS · NasdaqGS
Northern Trust Corporation
Asset Management · United States
USD 170.39-0.2% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$31.17B
- Trailing P/E
- 14.64x
- Forward P/E
- 13.30x
- Quarterly revenue growth
- 36.4%
- Trailing net margin
- 24.7%
- Indicated dividend yield
- 1.9%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-21 (provider estimate, not issuer-confirmed).
Company background
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. 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 analytics services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage, transition management, banking, and cash management services. It 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 services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage; and private and business banking services. This segment also provides global custody, fiduciary services, family office consulting, and technology solutions to high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. In addition, it offers asset management and related services comprising active and passive equity; active and passive fixed income; cash management; multi-asset and alternative asset classes that include 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. Further, the company provides overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.
Company websiteQ1 2026
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Comparable businesses
NTRS peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | NTRSNorthern Trust CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | ARESAres Management CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | TROWT. Rowe Price Group, Inc.Snapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$31.17B | US$39.02B | US$22.24B | US$30.63Bn=2 |
| Forward P/EProvider forward earnings estimate | 13.30x | 16.43x | 10.10x | 13.27xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 32.01x | 6.94x | 19.47xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 36.4% | 9.6% | 10.7% | 10.1%n=2 |
| Operating marginLatest reported quarter | 42.5% | 9.5% | 28.7% | 19.1%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | — | 5.5% | 9.1% | 7.3%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | — | 9.10x | -0.94x | 4.08xn=2 |
| Debt / equityTotal debt / positive book equity | — | 1.72x | 0.04x | 0.88xn=2 |
| Trailing P/ETrailing twelve-month earnings | 14.64x | 54.20x | 10.47x | 32.33xn=2 |
| Price / bookPrice / positive book equity per share | 2.49x | 10.66x | 2.02x | 6.34xn=2 |
| EV / salesEnterprise value / trailing revenue | 4.23x | 8.72x | 2.71x | 5.71xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 98.6% | 6.5% | 28.6% | 17.5%n=2 |
| Gross marginTrailing twelve months | 0.0% | 100.0% | 51.6% | 75.8%n=2 |
| Net marginTrailing twelve months | 24.7% | 12.1% | 29.3% | 20.7%n=2 |
| Return on equityProvider trailing return; positive equity only | 17.1% | 14.9% | 19.4% | 17.2%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | — | 41.1% | 26.7% | 33.9%n=2 |
| Dividend yieldIndicated annual dividend / price | 1.9% | 4.6% | 5.0% | 4.8%n=2 |
| Earnings payoutProvider trailing dividend payout | 27.5% | 227.7% | 51.6% | 139.6%n=2 |
| Current ratioCurrent assets / current liabilities | — | 0.62x | 4.04x | 2.33xn=2 |
| BetaProvider historical market sensitivity | 1.25 | 1.55 | 1.47 | 1.51n=2 |
YouTube · Q1 2026 · 2026-05-02
YouTube · Q1 2026 · 2026-05-04
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
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Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for NTRS
Q1 20262026-04-22
NTRS Stock: EPS Beats by 17% — Q1 2026 Earnings Analysis
Presentation · 2026-04-22 · YouTube