Northern Trust (NTRS) EBITDA (2009 - 2026)

Northern Trust's (NTRS) quarterly EBITDA came in at $2.3 billion in Q1 2026, up 8.9% year-on-year from $2.1 billion in Q1 2025, and up 7.64% quarter-over-quarter from $2.1 billion in Q4 2025.

Northern Trust (NTRS) EBITDA (2009 - 2026) Analysis & Trends

Northern Trust has disclosed EBITDA across 18 years of filings, most recently posting $2.3 billion for Q1 2026.

  • EBITDA for Q1 2026 came in at $2.3 billion, up 8.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.7 billion (down 13.73% YoY), and the FY2025 annual result was $8.6 billion, down 16.51% from the prior year.
  • EBITDA came in at $2.3 billion for Q1 2026 at Northern Trust, up from $2.1 billion in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $3.2 billion in Q2 2024 to a low of $513.3 million in Q1 2022.
  • The 5-year median for EBITDA is $2.1 billion (2025), against an average of $1.8 billion.
  • Across the five-year window, EBITDA jumped 174.3% in 2023 and plunged 31.36% in 2025, its largest moves.
  • Northern Trust's EBITDA stood at $826.0 million in 2022, then surged by 125.46% to $1.9 billion in 2023, then advanced by 24.06% to $2.3 billion in 2024, then fell by 8.29% to $2.1 billion in 2025, then increased by 7.64% to $2.3 billion in 2026.
  • The last three EBITDA figures came in at $2.3 billion (Q1 2026), $2.1 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 2.81 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 1.59 Bn
3 Kkr 86.45 Bn 133.96 Bn - 1.99 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 79.00 Mn
5 State Street 46.95 Bn 21.27 Bn - 2.79 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 901.00 Mn
7 Northern Trust 31.92 Bn 31.92 Bn - 2.28 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 524.00 Mn
9 Ares Management 29.04 Bn 32.41 Bn - 363.68 Mn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 1.20 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.28 Bn
Dec 31, 2025 2.12 Bn
Sep 30, 2025 2.17 Bn
Jun 30, 2025 2.17 Bn
Mar 31, 2025 2.09 Bn
Dec 31, 2024 2.31 Bn
Sep 30, 2024 2.57 Bn
Jun 30, 2024 3.16 Bn
Mar 31, 2024 2.21 Bn
Dec 31, 2023 1.86 Bn
Sep 30, 2023 1.91 Bn
Jun 30, 2023 1.66 Bn
Mar 31, 2023 1.37 Bn
Dec 31, 2022 826.00 Mn
Sep 30, 2022 810.80 Mn
Jun 30, 2022 606.70 Mn
Mar 31, 2022 513.30 Mn
Dec 31, 2021 511.20 Mn
Sep 30, 2021 523.00 Mn
Jun 30, 2021 494.00 Mn