Northern Trust (NTRS) Free Cash Flow (2014 - 2026)
Northern Trust (NTRS) posted Free Cash Flow of -$194.0 million for Q2 2026, up 63.4% sequentially from -$530.1 million in Q1 2026, and down 111.66% YoY from $1.7 billion in Q2 2025.
Northern Trust (NTRS) Free Cash Flow (2014 - 2026) Analysis & Trends
Northern Trust has reported Free Cash Flow for 13 years, with the latest figure at -$194.0 million in Q2 2026.
- Quarterly Free Cash Flow fell 111.66% year-over-year to -$194.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$133.9 million (down 107.24% YoY) and the FY2025 annual result came in at $4.8 billion, up 527.73% from the prior year.
- Free Cash Flow advanced to -$194.0 million in Q2 2026 per NTRS's latest filing, from -$530.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $4.0 billion in Q4 2022 and troughed at -$2.8 billion in Q4 2024.
- A 5-year average of $380.2 million and a median of $79.6 million in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2024: Free Cash Flow surged 2453.58% in 2022, then sank 454.37% in 2024.
- Over 5 years, Free Cash Flow stood at $4.0 billion in 2022, then sank by 33.29% to $2.7 billion in 2023, then tumbled by 206.17% to -$2.8 billion in 2024, then surged by 107.67% to $216.3 million in 2025, then plunged by 189.69% to -$194.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$194.0 million, -$530.1 million, and $216.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 179.54 Bn | 165.67 Bn | - | 1.12 Bn |
| 2 | Blackstone | 114.83 Bn | 112.32 Bn | - | 1.91 Bn |
| 3 | Kkr | 97.26 Bn | -179.81 Bn | - | 3.20 Bn |
| 4 | Brookfield | 93.07 Bn | 45.66 Bn | - | - |
| 5 | Brookfield Asset Management | 83.46 Bn | 81.96 Bn | - | 535.00 Mn |
| 6 | Apollo Global Management | 78.41 Bn | 53.04 Bn | 10.54 Bn | 2.88 Bn |
| 7 | State Street | 51.66 Bn | 51.66 Bn | - | -3.00 Bn |
| 8 | Ameriprise Financial | 51.12 Bn | 40.07 Bn | 4.72 Bn | 2.85 Bn |
| 9 | Raymond James Financial | 33.99 Bn | 20.74 Bn | - | -308.00 Mn |
| 10 | Northern Trust | 33.87 Bn | 33.87 Bn | - | -194.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -194.00 Mn |
| Jun 30, 2026 | -194.00 Mn |
| Mar 31, 2026 | -329.40 Mn |
| Mar 31, 2026 | -329.40 Mn |
| Dec 31, 2025 | 216.30 Mn |
| Dec 31, 2025 | 216.30 Mn |
| Sep 30, 2025 | 373.90 Mn |
| Sep 30, 2025 | 373.90 Mn |
| Jun 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 2.58 Bn |
| Mar 31, 2025 | 2.58 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 |