Northern Trust (NTRS) Change in Intangibles (2014 - 2026)
Northern Trust's Change in Intangibles was $129.1 million in Q2 2026, down 37.1% from $205.1 million a year earlier and down 38.6% from the prior quarter.
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Analysis
Northern Trust (NTRS) Change in Intangibles (2014 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northern Trust's Change in Intangibles was $663.2 million through Jun 30, 2026, down 11.0% year-over-year; for FY2025, it came in at $700.2 million, up 8.7% from FY2024.
- Change in Intangibles shows a five-year compound annual growth rate of 10.5% (FY2020 to FY2025).
- In earlier years, Change in Intangibles was $644 million in FY2024 (+15.1%), $559.3 million in FY2023 (-6.0%), $594.9 million in FY2022 (+41.8%) and $419.6 million in FY2021 (-1.2%).
- The Q2 2026 figure marks the lowest quarterly Change in Intangibles since Q1 2024.
- Compared with a year earlier, Change in Intangibles was higher in five of the last eight quarters, with growth averaging 11.6%.
- The best year-over-year quarter for Change in Intangibles over five years was Q2 2022 (growth of 97.0%); the worst was Q2 2026 (a decline of 37.1%).
- Per Business Quant data, NTRS's Change in Intangibles in the three quarters before Q2 2026 was $210.1 million (Q1 2026), $172.1 million (Q4 2025) and $151.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | 12.00 Mn |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | 118.00 Mn |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | - |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 129.10 Mn |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | - |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.10 Mn |
| Mar 31, 2026 | 210.10 Mn |
| Dec 31, 2025 | 172.10 Mn |
| Sep 30, 2025 | 151.90 Mn |
| Jun 30, 2025 | 205.10 Mn |
| Mar 31, 2025 | 171.10 Mn |
| Dec 31, 2024 | 185.80 Mn |
| Sep 30, 2024 | 183.20 Mn |
| Jun 30, 2024 | 161.50 Mn |
| Mar 31, 2024 | 113.50 Mn |
| Dec 31, 2023 | 146.50 Mn |
| Sep 30, 2023 | 143.90 Mn |
| Jun 30, 2023 | 151.30 Mn |
| Mar 31, 2023 | 117.60 Mn |
| Dec 31, 2022 | 169.70 Mn |
| Sep 30, 2022 | 155.20 Mn |
| Jun 30, 2022 | 146.80 Mn |
| Mar 31, 2022 | 123.20 Mn |
| Dec 31, 2021 | 140.90 Mn |
| Sep 30, 2021 | 109.40 Mn |
API Access
Northern Trust Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "NTRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();