Northern Trust (NTRS) Depreciation & Amortization (CF) (2009 - 2026)
Northern Trust's Depreciation & Amortization (CF) came in at $198.4 million for Q2 2026, up 1.4% from $195.7 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Northern Trust (NTRS) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Northern Trust reported Depreciation & Amortization (CF) of $788.2 million, up 4.8% year-over-year; for FY2025, it came in at $779.1 million, up 8.7% from FY2024.
- Depreciation & Amortization (CF) has increased in each of the last six years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Going back by year, Depreciation & Amortization (CF) was $716.8 million in FY2024 (+13.0%), $634.6 million in FY2023 (+14.6%), $553.6 million in FY2022 (+7.4%) and $515.6 million in FY2021 (+3.1%).
- The Q2 2026 figure represents the highest quarterly Depreciation & Amortization (CF) in data going back to Q4 2014.
- Year-over-year, Depreciation & Amortization (CF) has increased for 26 consecutive quarters, with growth averaging 8.0% over the last eight quarters.
- Over the past five years, the year-over-year growth in Depreciation & Amortization (CF) ranged from 1.4% (Q2 2026) to 18.3% (Q1 2023).
- Business Quant data shows NTRS's Depreciation & Amortization (CF) at $197.1 million (Q1 2026), $196.9 million (Q4 2025) and $195.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | 27.40 Mn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | 387.00 Mn |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 399.00 Mn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 26.00 Mn |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 165.00 Mn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | 180.00 Mn |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 27.70 Mn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 19.00 Mn |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | 199.50 Mn |
| 10 | Tradeweb Markets | 30.81 Bn | 23.33 Bn | - | 62.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 199.50 Mn |
| Jun 30, 2026 | 198.40 Mn |
| Mar 31, 2026 | 197.10 Mn |
| Dec 31, 2025 | 196.90 Mn |
| Sep 30, 2025 | 195.80 Mn |
| Jun 30, 2025 | 195.70 Mn |
| Mar 31, 2025 | 190.70 Mn |
| Dec 31, 2024 | 182.90 Mn |
| Sep 30, 2024 | 183.10 Mn |
| Jun 30, 2024 | 180.50 Mn |
| Mar 31, 2024 | 170.30 Mn |
| Dec 31, 2023 | 169.00 Mn |
| Sep 30, 2023 | 157.50 Mn |
| Jun 30, 2023 | 153.20 Mn |
| Mar 31, 2023 | 154.90 Mn |
| Dec 31, 2022 | 148.20 Mn |
| Sep 30, 2022 | 140.90 Mn |
| Jun 30, 2022 | 133.60 Mn |
| Mar 31, 2022 | 130.90 Mn |
| Dec 31, 2021 | 132.80 Mn |
API Access
Northern Trust Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();