Northern Trust (NTRS) Free Cash Flow (2014 - 2026)
Northern Trust recorded quarterly Free Cash Flow of -$329.4 million in Q1 2026, down 21.73% quarter-over-quarter from -$270.6 million in Q4 2025, and down 112.03% year-over-year from $2.7 billion in Q1 2025.
Northern Trust's Free Cash Flow history runs 13 years deep, the most recent figure standing at -$329.4 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 112.03% year-over-year to -$329.4 million; the TTM figure through Mar 2026 stood at $1.8 billion (down 42.54% YoY), while the FY2025 annual figure was $4.8 billion, up 527.73% from the prior year.
- Free Cash Flow came in at -$329.4 million for Q1 2026 at Northern Trust, down from -$270.6 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $4.1 billion in Q4 2022 to a low of -$2.8 billion in Q4 2024.
- A 5-year average of $453.2 million and a median of $188.0 million in 2024 frame the typical range for Free Cash Flow.
- On a YoY basis, Free Cash Flow climbed as much as 1284.48% in 2024 and fell as far as 419.26% in 2024.
- Northern Trust's Free Cash Flow stood at $4.1 billion in 2022, then slumped by 43.9% to $2.3 billion in 2023, then slumped by 222.82% to -$2.8 billion in 2024, then jumped by 90.41% to -$270.6 million in 2025, then fell by 21.73% to -$329.4 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$329.4 million, -$270.6 million, and $509.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | -1.09 Bn |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 957.64 Mn |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 1.72 Bn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 332.00 Mn |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.62 Bn |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | -12.41 Bn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 430.00 Mn |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | -329.40 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 390.87 Mn |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -329.40 Mn |
| Mar 31, 2026 | -329.40 Mn |
| Dec 31, 2025 | -270.60 Mn |
| Dec 31, 2025 | -270.60 Mn |
| Sep 30, 2025 | 509.40 Mn |
| Sep 30, 2025 | 509.40 Mn |
| Jun 30, 2025 | 1.86 Bn |
| Jun 30, 2025 | 1.86 Bn |
| Mar 31, 2025 | 2.74 Bn |
| Mar 31, 2025 | 2.74 Bn |
| Dec 31, 2024 | -2.82 Bn |
| Dec 31, 2024 | -2.82 Bn |
| Sep 30, 2024 | 188.00 Mn |
| Sep 30, 2024 | 188.00 Mn |
| Jun 30, 2024 | 2.97 Bn |
| Jun 30, 2024 | 2.97 Bn |
| Mar 31, 2024 | -1.47 Bn |
| Mar 31, 2024 | -1.47 Bn |
| Dec 31, 2023 | 2.30 Bn |
| Dec 31, 2023 | 2.30 Bn |
| Sep 30, 2023 | 302.90 Mn |
| Sep 30, 2023 | 302.90 Mn |
| Jun 30, 2023 | -250.70 Mn |
| Jun 30, 2023 | -250.70 Mn |
| Mar 31, 2023 | -282.50 Mn |
| Mar 31, 2023 | -282.50 Mn |
| Dec 31, 2022 | 4.09 Bn |
| Dec 31, 2022 | 4.09 Bn |
| Sep 30, 2022 | -696.40 Mn |
| Sep 30, 2022 | -696.40 Mn |
| Jun 30, 2022 | -1.76 Bn |
| Jun 30, 2022 | -1.76 Bn |
| Mar 31, 2022 | 623.70 Mn |
| Mar 31, 2022 | 623.70 Mn |
| Dec 31, 2021 | 2.23 Bn |
| Dec 31, 2021 | 2.23 Bn |
| Sep 30, 2021 | 242.20 Mn |
| Sep 30, 2021 | 242.20 Mn |
| Jun 30, 2021 | -1.26 Bn |
| Jun 30, 2021 | -1.26 Bn |
| Mar 31, 2021 | 57.60 Mn |
| Mar 31, 2021 | 57.60 Mn |
| Dec 31, 2020 | 1.15 Bn |
| Dec 31, 2020 | 1.15 Bn |
| Sep 30, 2020 | 7.30 Mn |
| Sep 30, 2020 | 7.30 Mn |
| Jun 30, 2020 | 3.09 Bn |
| Jun 30, 2020 | 3.09 Bn |
| Mar 31, 2020 | -2.78 Bn |
| Mar 31, 2020 | -2.78 Bn |
| Dec 31, 2019 | 1.24 Bn |
| Dec 31, 2019 | 1.24 Bn |
| Sep 30, 2019 | 736.10 Mn |
| Sep 30, 2019 | 736.10 Mn |
| Jun 30, 2019 | -114.90 Mn |
| Jun 30, 2019 | -114.90 Mn |
| Mar 31, 2019 | 284.60 Mn |
| Mar 31, 2019 | 284.60 Mn |
| Dec 31, 2018 | 89.70 Mn |
| Dec 31, 2018 | 89.70 Mn |
| Sep 30, 2018 | 1.44 Bn |
| Sep 30, 2018 | 1.44 Bn |
| Jun 30, 2018 | 315.00 Mn |
| Jun 30, 2018 | 315.00 Mn |
| Mar 31, 2018 | -483.80 Mn |
| Mar 31, 2018 | -483.80 Mn |
| Dec 31, 2017 | 822.80 Mn |
| Dec 31, 2017 | 822.80 Mn |
| Sep 30, 2017 | 533.50 Mn |
| Sep 30, 2017 | 533.50 Mn |
| Jun 30, 2017 | -432.30 Mn |
| Jun 30, 2017 | -432.30 Mn |
| Mar 31, 2017 | 704.80 Mn |
| Mar 31, 2017 | 704.80 Mn |
| Dec 31, 2016 | 534.40 Mn |
| Dec 31, 2016 | 534.40 Mn |
| Sep 30, 2016 | 1.27 Bn |
| Sep 30, 2016 | 1.27 Bn |
| Jun 30, 2016 | -353.50 Mn |
| Jun 30, 2016 | -353.50 Mn |
| Mar 31, 2016 | -307.50 Mn |
| Mar 31, 2016 | -307.50 Mn |
| Dec 31, 2015 | 1.24 Bn |
| Dec 31, 2015 | 1.24 Bn |
| Sep 30, 2015 | -1.12 Bn |
| Sep 30, 2015 | -1.12 Bn |
| Jun 30, 2015 | 913.10 Mn |
| Jun 30, 2015 | 913.10 Mn |
| Mar 31, 2015 | 465.30 Mn |
| Mar 31, 2015 | 465.30 Mn |
| Dec 31, 2014 | -429.90 Mn |
| Dec 31, 2014 | -429.90 Mn |