Northern Trust (NTRS) Free Cash Flow (2014 - 2026)
Northern Trust's (NTRS) quarterly Free Cash Flow came in at -$194.0 million in Q2 2026, down 111.66% year-over-year from $1.7 billion in Q2 2025, and up 63.4% quarter-over-quarter from -$530.1 million in Q1 2026.
Analysis
Northern Trust (NTRS) Free Cash Flow (2014 - 2026) Analysis & Trends
Northern Trust has disclosed Free Cash Flow across 13 years of filings, most recently posting -$194.0 million for Q2 2026.
- In Q2 2026, Free Cash Flow fell 111.66% year-over-year to -$194.0 million; the TTM figure through Jun 2026 stood at -$133.9 million (down 107.24% YoY), while the FY2025 annual figure was $4.8 billion, up 527.73% from the prior year.
- Free Cash Flow came in at -$194.0 million for Q2 2026 at Northern Trust, up from -$530.1 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $4.0 billion in Q4 2022 to a low of -$2.8 billion in Q4 2024.
- Average Free Cash Flow over 5 years is $380.2 million, with a median of $79.6 million recorded in 2023.
- Year-over-year, Free Cash Flow jumped 2453.58% in 2022 and plunged 454.37% in 2024.
- Over 5 years, Free Cash Flow stood at $4.0 billion in 2022, then tumbled by 33.29% to $2.7 billion in 2023, then sank by 206.17% to -$2.8 billion in 2024, then soared by 107.67% to $216.3 million in 2025, then slumped by 189.69% to -$194.0 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$194.0 million in Q2 2026, -$530.1 million in Q1 2026, and $216.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 110.37 Bn | 49.74 Bn | - | 1.98 Bn |
| 2 | State Street | 53.13 Bn | 53.13 Bn | - | -3.00 Bn |
| 3 | Northern Trust | 34.62 Bn | 34.62 Bn | - | -194.00 Mn |
| 4 | Sei Investments | 12.83 Bn | 12.74 Bn | - | 123.38 Mn |
| 5 | Healthequity | 7.98 Bn | 7.72 Bn | 257.95 Mn | 121.37 Mn |
| 6 | AtlasClear Holdings | 26.96 Mn | -13.53 Mn | - | -4.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -194.00 Mn |
| Mar 31, 2026 | -530.10 Mn |
| Dec 31, 2025 | 216.30 Mn |
| Sep 30, 2025 | 373.90 Mn |
| Jun 30, 2025 | 1.66 Bn |
| Mar 31, 2025 | 2.58 Bn |
| Dec 31, 2024 | -2.82 Bn |
| Sep 30, 2024 | 427.90 Mn |
| Jun 30, 2024 | 2.83 Bn |
| Mar 31, 2024 | -1.57 Bn |
| Dec 31, 2023 | 2.66 Bn |
| Sep 30, 2023 | -57.20 Mn |
| Jun 30, 2023 | -250.70 Mn |
| Mar 31, 2023 | -282.50 Mn |
| Dec 31, 2022 | 3.98 Bn |
| Sep 30, 2022 | -1.05 Bn |
| Jun 30, 2022 | -1.76 Bn |
| Mar 31, 2022 | 623.70 Mn |
| Dec 31, 2021 | 1.90 Bn |
| Sep 30, 2021 | 372.40 Mn |