Northern Trust (NTRS) EBITDA (2014 - 2026)
Northern Trust (NTRS) posted EBITDA of $2.78 billion for Q2 2026, up 17.5% from $2.36 billion a year earlier and up 12.1% from the prior quarter.
Powered by 
Analysis
Northern Trust (NTRS) EBITDA (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at Northern Trust was $9.94 billion, up 0.5% year-over-year; for FY2025, it came in at $9.33 billion, down 14.9% from FY2024.
- Annual EBITDA shows a five-year compound annual growth rate of 32.0% (FY2020 to FY2025).
- In prior years, Northern Trust's EBITDA was $10.96 billion in FY2024 (+47.3%), $7.44 billion in FY2023 (+124.8%), $3.31 billion in FY2022 (+29.8%) and $2.55 billion in FY2021 (+9.5%).
- The Q2 2026 figure stands as the highest quarterly EBITDA since Q2 2024.
- On a year-over-year basis, EBITDA increased in four of the last eight quarters, with growth averaging 3.4%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2023, with growth of 145.5%; the weakest was Q2 2025, with a decline of 29.2%.
- According to Business Quant data, EBITDA for the three prior quarters was $2.48 billion (Q1 2026), $2.32 billion (Q4 2025) and $2.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.70 Bn | 85.79 Bn | - | 891.00 Mn |
| 2 | Bank of New York Mellon | 100.72 Bn | 40.09 Bn | - | 7.16 Bn |
| 3 | Cme | 94.58 Bn | 94.58 Bn | - | 1.19 Bn |
| 4 | Intercontinental Exchange | 85.83 Bn | 79.63 Bn | - | 1.78 Bn |
| 5 | Nasdaq | 52.05 Bn | 49.49 Bn | 1.50 Bn | 877.00 Mn |
| 6 | State Street | 49.39 Bn | 49.39 Bn | - | 3.57 Bn |
| 7 | Interactive Brokers | 39.24 Bn | 32.69 Bn | - | 2.65 Bn |
| 8 | Northern Trust | 31.94 Bn | 31.94 Bn | - | 2.78 Bn |
| 9 | Cboe Global Markets | 26.47 Bn | 18.13 Bn | 731.60 Mn | 504.10 Mn |
| 10 | LPL Financial Holdings | 24.62 Bn | 19.94 Bn | - | 797.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.78 Bn |
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.32 Bn |
| Sep 30, 2025 | 2.37 Bn |
| Jun 30, 2025 | 2.36 Bn |
| Mar 31, 2025 | 2.28 Bn |
| Dec 31, 2024 | 2.49 Bn |
| Sep 30, 2024 | 2.75 Bn |
| Jun 30, 2024 | 3.34 Bn |
| Mar 31, 2024 | 2.38 Bn |
| Dec 31, 2023 | 2.03 Bn |
| Sep 30, 2023 | 2.07 Bn |
| Jun 30, 2023 | 1.82 Bn |
| Mar 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 974.20 Mn |
| Sep 30, 2022 | 951.70 Mn |
| Jun 30, 2022 | 740.30 Mn |
| Mar 31, 2022 | 644.20 Mn |
| Dec 31, 2021 | 644.00 Mn |
| Sep 30, 2021 | 652.00 Mn |
API Access
Northern Trust EBITDA 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=ebitda&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();