Northern Trust (NTRS) EBT Margin (2009 - 2026)
Northern Trust (NTRS) reported EBT Margin of 78.90% for Q2 2026, up 33.02 percentage points from 45.88% a year earlier and up 26.67 percentage points from the prior quarter.
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Analysis
Northern Trust (NTRS) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Northern Trust's EBT Margin came in at 57.35%, up 10.44 percentage points year-over-year; for FY2025, it was 46.62%, down 9.63 percentage points from FY2024.
- EBT Margin has a five-year change of +5.88 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 56.25% in FY2024 (+22.67 pp), 33.58% in FY2023 (-6.27 pp), 39.85% in FY2022 (-6.24 pp) and 46.09% in FY2021 (+5.35 pp).
- The Q2 2026 figure ranks as the highest quarterly EBT Margin in data going back to Q1 2009.
- Year over year, EBT Margin gained in six of the last eight quarters, with an average year-over-year change of +13.43 percentage points.
- The high point for year-over-year EBT Margin in five years was Q4 2024 (a gain of 35.24 percentage points); the low point was Q4 2022 (a drop of 27.60 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 52.23% (Q1 2026), 48.48% (Q4 2025) and 48.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 108.95 Bn | 97.29 Bn | - | 77.98% |
| 2 | Bank of New York Mellon | 102.82 Bn | 36.44 Bn | - | 38.49% |
| 3 | Intercontinental Exchange | 98.21 Bn | 91.10 Bn | - | 34.21% |
| 4 | Robinhood Markets | 74.92 Bn | 54.46 Bn | - | 43.89% |
| 5 | Nasdaq | 60.69 Bn | 58.13 Bn | 1.48 Bn | 29.29% |
| 6 | State Street | 46.98 Bn | 46.98 Bn | - | 34.67% |
| 7 | Cboe Global Markets | 36.89 Bn | 27.37 Bn | 712.20 Mn | 40.81% |
| 8 | Interactive Brokers | 35.15 Bn | 11.46 Bn | - | 78.16% |
| 9 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 58.01% |
| 10 | Tradeweb Markets | 27.24 Bn | 19.05 Bn | - | 49.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 58.01% |
| Jun 30, 2026 | 78.90% |
| Mar 31, 2026 | 52.23% |
| Dec 31, 2025 | 48.48% |
| Sep 30, 2025 | 48.95% |
| Jun 30, 2025 | 45.88% |
| Mar 31, 2025 | 42.96% |
| Dec 31, 2024 | 48.62% |
| Sep 30, 2024 | 50.23% |
| Jun 30, 2024 | 43.22% |
| Mar 31, 2024 | 25.43% |
| Dec 31, 2023 | 13.38% |
| Sep 30, 2023 | 39.06% |
| Jun 30, 2023 | 40.20% |
| Mar 31, 2023 | 41.75% |
| Dec 31, 2022 | 18.27% |
| Sep 30, 2022 | 48.62% |
| Jun 30, 2022 | 47.28% |
| Mar 31, 2022 | 43.72% |
| Dec 31, 2021 | 45.87% |
API Access
Northern Trust EBT Margin 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=ebt-margin&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();