Northern Trust (NTRS) Debt to Equity (2011 - 2026)

Northern Trust's (NTRS) quarterly Debt to Equity came in at $0.6 in Q1 2026, up 2215.71% year-on-year from $0.03 in Q1 2025, and up 2576.85% quarter-over-quarter from $0.02 in Q4 2025.

Northern Trust (NTRS) Debt to Equity (2011 - 2026) Analysis & Trends

Northern Trust has disclosed Debt to Equity across 16 years of filings, most recently posting $0.6 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.6, up 2215.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.6 (up 2215.71% YoY), and the FY2025 annual result was $0.02, down 37.58% from the prior year.
  • Debt to Equity came in at $0.6 for Q1 2026 at Northern Trust, up from $0.02 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.06 in Q2 2023 to a low of $0.02 in Q4 2025.
  • The 5-year median for Debt to Equity is $0.22 (2024), against an average of $0.29.
  • Across the five-year window, Debt to Equity tumbled 92.25% in 2025 and soared 2215.71% in 2026, its largest moves.
  • Northern Trust's Debt to Equity stood at $0.67 in 2022, then slumped by 74.26% to $0.17 in 2023, then tumbled by 79.19% to $0.04 in 2024, then tumbled by 37.58% to $0.02 in 2025, then jumped by 2576.85% to $0.6 in 2026.
  • The last three Debt to Equity figures came in at $0.6 (Q1 2026), $0.02 (Q4 2025), and $0.22 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 0.14
2 Blackstone 96.85 Bn 95.80 Bn - 1.59
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 0.03
7 Northern Trust 31.92 Bn 31.92 Bn - 0.60
8 Raymond James Financial 30.62 Bn 19.37 Bn - 0.28
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.60
Dec 31, 2025 0.02
Sep 30, 2025 0.22
Jun 30, 2025 0.07
Mar 31, 2025 0.03
Dec 31, 2024 0.04
Sep 30, 2024 0.22
Jun 30, 2024 0.54
Mar 31, 2024 0.34
Dec 31, 2023 0.17
Sep 30, 2023 0.05
Jun 30, 2023 1.06
Mar 31, 2023 0.03
Dec 31, 2022 0.67
Sep 30, 2022 0.25
Jun 30, 2022 0.30
Mar 31, 2022 0.31
Dec 31, 2021 0.10
Sep 30, 2021 0.10
Jun 30, 2021 0.43