Northern Trust (NTRS) Debt Ratio (2009 - 2026)
Northern Trust's (NTRS) Debt Ratio came in at 0.05 for Q2 2026, up 26.6% from 0.04 a year earlier and up 7.1% from the prior quarter.
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Analysis
Northern Trust (NTRS) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Northern Trust's Debt Ratio stood at 0.04, down 3.6% from FY2024.
- Annual Debt Ratio has declined for three consecutive years.
- In prior years, Northern Trust's Debt Ratio was 0.04 in FY2024 (-3.7%), 0.04 in FY2023 (-11.1%), 0.05 in FY2022 (+151.3%) and 0.02 in FY2021 (-17.4%).
- The Q2 2026 figure stands as the highest quarterly Debt Ratio since Q2 2023.
- On a year-over-year basis, Debt Ratio increased in two of the last eight quarters, with an average decline of 0.5%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q1 2023, with growth of 268.6%; the weakest was Q2 2024, with a decline of 44.9%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.04 (Q1 2026), 0.04 (Q4 2025) and 0.04 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | - |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 0.01 |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 0.02 |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 0.11 |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 0.32 |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | - |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 0.00 |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 0.05 |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 0.14 |
| 10 | LPL Financial Holdings | 24.62 Bn | 19.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.04 |
| Dec 31, 2024 | 0.04 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.04 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.05 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.08 |
| Dec 31, 2022 | 0.05 |
| Sep 30, 2022 | 0.04 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.03 |
API Access
Northern Trust Debt Ratio 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=debt-ratio&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();