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
DateValue
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%