Northern Trust (NTRS) FCF Margin (2014 - 2026)
Northern Trust's (NTRS) quarterly FCF Margin came in at 24.56% in Q1 2026, down 25008.0% year-on-year from N/an in Q1 2025, and down 18.64% quarter-over-quarter from 20.7% in Q4 2025.
Northern Trust (NTRS) FCF Margin (2014 - 2026) Analysis & Trends
Northern Trust has disclosed FCF Margin across 13 years of filings, most recently posting 24.56% for Q1 2026.
- FCF Margin for Q1 2026 came in at 24.56%, down 25008.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 34.33% (down 2973.0% YoY), and the FY2025 annual result was 96.32%, up 12022.0% from the prior year.
- FCF Margin came in at 24.56% for Q1 2026 at Northern Trust, down from 20.7% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 392.87% in Q4 2022 to a low of 230.78% in Q4 2024.
- The 5-year median for FCF Margin is 15.71% (2024), against an average of 41.12%.
- Across the five-year window, FCF Margin slumped 44148 bps in 2024 and jumped 35387 bps in 2025, its largest moves.
- Northern Trust's FCF Margin stood at 392.87% in 2022, then slumped by 46 bps to 210.7% in 2023, then tumbled by 210 bps to 230.78% in 2024, then jumped by 91 bps to 20.7% in 2025, then dropped by 19 bps to 24.56% in 2026.
- The last three FCF Margin figures came in at 24.56% (Q1 2026), 20.7% (Q4 2025), and 40.25% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -16.21% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.47% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 39.82% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 32.02% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -327.00% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 8.80% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -24.56% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 24.73% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 27.99% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 13.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -24.56% |
| Dec 31, 2025 | -20.70% |
| Sep 30, 2025 | 40.25% |
| Jun 30, 2025 | 150.85% |
| Mar 31, 2025 | 225.52% |
| Dec 31, 2024 | -230.78% |
| Sep 30, 2024 | 15.71% |
| Jun 30, 2024 | 254.65% |
| Mar 31, 2024 | -128.35% |
| Dec 31, 2023 | 210.70% |
| Sep 30, 2023 | 27.24% |
| Jun 30, 2023 | -22.87% |
| Mar 31, 2023 | -26.56% |
| Dec 31, 2022 | 392.87% |
| Sep 30, 2022 | -64.56% |
| Jun 30, 2022 | -153.72% |
| Mar 31, 2022 | 53.38% |
| Dec 31, 2021 | 200.28% |
| Sep 30, 2021 | 21.80% |
| Jun 30, 2021 | -117.57% |