Northern Trust (NTRS) Exchange Rate Effect (2014 - 2026)
Northern Trust (NTRS) recorded Exchange Rate Effect of $61.4 million in Q2 2026, down 78.8% from $290.1 million a year earlier.
Northern Trust (NTRS) Exchange Rate Effect (2014 - 2026) Analysis & Trends
On a TTM basis, Northern Trust's Exchange Rate Effect came in at -$75.4 million as of Jun 30, 2026; for FY2025, it came in at $656.4 million.
- Annual Exchange Rate Effect has a five-year compound annual growth rate of 50.6% (FY2020 to FY2025).
- Across earlier years, Exchange Rate Effect came in at -$504.3 million in FY2024, -$89.8 million in FY2023, -$287.4 million in FY2022 and -$159.6 million in FY2021.
- Quarterly Exchange Rate Effect has ranged from -$503.9 million in Q4 2024 to $402.8 million in Q1 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$100.3 million (Q1 2026), $72.3 million (Q4 2025) and -$108.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - | -3.00 Mn |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - | 7.00 Mn |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - | -4.00 Mn |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn | -18.00 Mn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - | -57.00 Mn |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - | 61.40 Mn |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn | 32.20 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.40 Mn |
| Mar 31, 2026 | -100.30 Mn |
| Dec 31, 2025 | 72.30 Mn |
| Sep 30, 2025 | -108.80 Mn |
| Jun 30, 2025 | 290.10 Mn |
| Mar 31, 2025 | 402.80 Mn |
| Dec 31, 2024 | -503.90 Mn |
| Sep 30, 2024 | 217.10 Mn |
| Jun 30, 2024 | -44.70 Mn |
| Mar 31, 2024 | -172.80 Mn |
| Dec 31, 2023 | 187.50 Mn |
| Sep 30, 2023 | -144.80 Mn |
| Jun 30, 2023 | -147.60 Mn |
| Mar 31, 2023 | 15.10 Mn |
| Dec 31, 2022 | 133.70 Mn |
| Sep 30, 2022 | -182.60 Mn |
| Jun 30, 2022 | -209.00 Mn |
| Mar 31, 2022 | -29.50 Mn |
| Dec 31, 2021 | -32.30 Mn |
| Sep 30, 2021 | -41.30 Mn |
Northern Trust Exchange Rate Effect 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=exchange-rate-effect&ticker=NTRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();