Northern Trust (NTRS) EBITDA Margin (2009 - 2026)
Northern Trust's (NTRS) quarterly EBITDA Margin came in at 170.02% in Q1 2026, down 252.0% year-on-year from 111.85% in Q1 2025, and up 4.91% quarter-over-quarter from 162.06% in Q4 2025.
Northern Trust (NTRS) EBITDA Margin (2009 - 2026) Analysis & Trends
Northern Trust has disclosed EBITDA Margin across 18 years of filings, most recently posting 170.02% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 170.02%, down 252.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 169.85% (down 4126.0% YoY), and the FY2025 annual result was 170.46%, down 4624.0% from the prior year.
- EBITDA Margin came in at 170.02% for Q1 2026 at Northern Trust, up from 162.06% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 270.75% in Q2 2024 to a low of 43.93% in Q1 2022.
- The 5-year median for EBITDA Margin is 170.85% (2023), against an average of 152.64%.
- Across the five-year window, EBITDA Margin surged 11895 bps in 2024 and slumped 9472 bps in 2025, its largest moves.
- Northern Trust's EBITDA Margin stood at 79.26% in 2022, then soared by 116 bps to 170.85% in 2023, then grew by 11 bps to 189.04% in 2024, then decreased by 14 bps to 162.06% in 2025, then grew by 5 bps to 170.02% in 2026.
- The last three EBITDA Margin figures came in at 170.02% (Q1 2026), 162.06% (Q4 2025), and 171.71% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 44.01% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 73.37% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 170.02% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 12.29% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 26.04% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 104.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.02% |
| Dec 31, 2025 | 162.06% |
| Sep 30, 2025 | 171.71% |
| Jun 30, 2025 | 176.03% |
| Mar 31, 2025 | 172.53% |
| Dec 31, 2024 | 189.04% |
| Sep 30, 2024 | 214.69% |
| Jun 30, 2024 | 270.75% |
| Mar 31, 2024 | 193.20% |
| Dec 31, 2023 | 170.85% |
| Sep 30, 2023 | 172.06% |
| Jun 30, 2023 | 151.80% |
| Mar 31, 2023 | 128.64% |
| Dec 31, 2022 | 79.26% |
| Sep 30, 2022 | 75.16% |
| Jun 30, 2022 | 53.06% |
| Mar 31, 2022 | 43.93% |
| Dec 31, 2021 | 46.01% |
| Sep 30, 2021 | 47.07% |
| Jun 30, 2021 | 45.94% |