Northern Trust NTRS
NASDAQ NTRS
$189.19 +2.00 (+1.07%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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