Northern Trust Corp (NTRSO) stock
NTRSONasdaqState Commercial BanksFiscal year ends December 31Also trades as NTRS
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 11/3020% above fair value
$17.40−0.42 (-2.36%)
Close on Oct 30, 2026Market cap $30.95BP/E 13.2Yield 1.83%
Northern Trust free cash flow
Free cash flow is cash from operations minus capital expenditures: the cash available for dividends, buybacks, debt repayment or acquisitions.
Northern Trust's free cash flow for the twelve months ending Sep 30, 2026 was $1.74B, down 28.4% year over year. For fiscal 2025 it was $5.46B. Over ten years it grew 12.1% a year on average. The highest annual figure on record is $5.46B in fiscal 2025.
Annual free cash flow
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.46B | – |
| FY2024 | Dec 31, 2024 | -$587.50M | -123.4% |
| FY2023 | Dec 31, 2023 | $2.51B | +10.8% |
| FY2022 | Dec 31, 2022 | $2.26B | +79.6% |
| FY2021 | Dec 31, 2021 | $1.26B | -28.4% |
| FY2020 | Dec 31, 2020 | $1.76B | -27.6% |
| FY2019 | Dec 31, 2019 | $2.43B | +45.8% |
| FY2018 | Dec 31, 2018 | $1.67B | +2.5% |
| FY2017 | Dec 31, 2017 | $1.63B | +16.5% |
| FY2016 | Dec 31, 2016 | $1.40B | -19.4% |
| FY2015 | Dec 31, 2015 | $1.74B | +103.2% |
| FY2014 | Dec 31, 2014 | $854.10M | +14.3% |
| FY2013 | Dec 31, 2013 | $747.40M | +0.9% |
| FY2012 | Dec 31, 2012 | $741.10M | -36.0% |
| FY2011 | Dec 31, 2011 | $1.16B | +65.4% |
| FY2010 | Dec 31, 2010 | $699.70M | -20.7% |
| FY2009 | Dec 31, 2009 | $882.10M | +17.1% |
| FY2008 | Dec 31, 2008 | $753.00M | -4.8% |
| FY2007 | Dec 31, 2007 | $791.20M | – |
Quarterly free cash flow
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $1.80B | +253.9% |
| Q2 FY2026 | Jun 30, 2026 | -$90.30M | -104.9% |
| Q1 FY2026 | Mar 31, 2026 | -$329.40M | -112.0% |
| Q4 FY2025 | Dec 31, 2025 | $355.60M | – |
| Q3 FY2025 | Sep 30, 2025 | $509.40M | -13.0% |
| Q2 FY2025 | Jun 30, 2025 | $1.86B | -37.5% |
| Q1 FY2025 | Mar 31, 2025 | $2.74B | – |
| Q4 FY2024 | Dec 31, 2024 | -$2.68B | -197.7% |
| Q3 FY2024 | Sep 30, 2024 | $585.40M | +792.4% |
| Q2 FY2024 | Jun 30, 2024 | $2.97B | – |
| Q1 FY2024 | Mar 31, 2024 | -$1.47B | – |
| Q4 FY2023 | Dec 31, 2023 | $2.74B | -33.1% |
| Q3 FY2023 | Sep 30, 2023 | $65.60M | – |
| Q2 FY2023 | Jun 30, 2023 | -$119.50M | – |
| Q1 FY2023 | Mar 31, 2023 | -$176.40M | -124.5% |
| Q4 FY2022 | Dec 31, 2022 | $4.09B | +103.5% |
| Q3 FY2022 | Sep 30, 2022 | -$919.20M | -301.6% |
| Q2 FY2022 | Jun 30, 2022 | -$1.63B | – |
| Q1 FY2022 | Mar 31, 2022 | $721.10M | +1151.9% |
| Q4 FY2021 | Dec 31, 2021 | $2.01B | +39.4% |
| Q3 FY2021 | Sep 30, 2021 | $455.90M | – |
| Q2 FY2021 | Jun 30, 2021 | -$1.26B | -140.2% |
| Q1 FY2021 | Mar 31, 2021 | $57.60M | – |
| Q4 FY2020 | Dec 31, 2020 | $1.44B | -5.6% |
| Q3 FY2020 | Sep 30, 2020 | -$103.90M | -118.7% |
| Q2 FY2020 | Jun 30, 2020 | $3.14B | +4650.3% |
| Q1 FY2020 | Mar 31, 2020 | -$2.72B | -1056.7% |
| Q4 FY2019 | Dec 31, 2019 | $1.53B | +281.6% |
| Q3 FY2019 | Sep 30, 2019 | $555.00M | -61.4% |
| Q2 FY2019 | Jun 30, 2019 | $66.20M | -79.0% |
| Q1 FY2019 | Mar 31, 2019 | $284.60M | – |
| Q4 FY2018 | Dec 31, 2018 | $400.50M | -51.3% |
| Q3 FY2018 | Sep 30, 2018 | $1.44B | +169.6% |
| Q2 FY2018 | Jun 30, 2018 | $315.00M | – |
| Q1 FY2018 | Mar 31, 2018 | -$483.80M | -162.8% |
| Q4 FY2017 | Dec 31, 2017 | $822.80M | +4.8% |
| Q3 FY2017 | Sep 30, 2017 | $533.50M | – |
| Q2 FY2017 | Jun 30, 2017 | -$497.90M | – |
| Q1 FY2017 | Mar 31, 2017 | $770.40M | – |
| Q4 FY2016 | Dec 31, 2016 | $785.20M | – |