Northern Trust (NTRS) Interest Coverage Ratio (2009 - 2026)
Northern Trust's (NTRS) quarterly Interest Coverage Ratio came in at 1.7 in Q2 2026, up 25.94% year-over-year from 1.35 in Q2 2025, and up 18.01% quarter-over-quarter from 1.44 in Q1 2026.
Analysis
Northern Trust (NTRS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Northern Trust has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 1.7 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 25.94% year-over-year to 1.7; the TTM figure through Jun 2026 stood at 1.49 (up 11.98% YoY), while the FY2025 annual figure was 1.38, up 1.92% from the prior year.
- Interest Coverage Ratio came in at 1.7 for Q2 2026 at Northern Trust, up from 1.44 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 205.32 in Q1 2022 to a low of 1.08 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 13.22, with a median of 1.38 recorded in 2023.
- The largest YoY upside for Interest Coverage Ratio was 297.89% in 2022 against a maximum downside of 99.59% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 1.3 in 2022, then dropped by 16.51% to 1.08 in 2023, then climbed by 24.08% to 1.35 in 2024, then increased by 5.98% to 1.43 in 2025, then advanced by 19.38% to 1.7 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.7 in Q2 2026, 1.44 in Q1 2026, and 1.43 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.61 Bn | 50.38 Bn | - | 1.50 |
| 2 | State Street | 52.92 Bn | 52.92 Bn | - | 1.70 |
| 3 | Northern Trust | 34.43 Bn | 34.43 Bn | - | 1.70 |
| 4 | Sei Investments | 12.85 Bn | 12.46 Bn | - | 350.56 |
| 5 | Healthequity | 7.88 Bn | 7.62 Bn | 257.95 Mn | 7.83 |
| 6 | AtlasClear Holdings | 26.97 Mn | -13.53 Mn | - | -6.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 |
| Mar 31, 2026 | 1.44 |
| Dec 31, 2025 | 1.43 |
| Sep 30, 2025 | 1.40 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.35 |
| Sep 30, 2024 | 1.31 |
| Jun 30, 2024 | 1.59 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.36 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 1.30 |
| Sep 30, 2022 | 2.83 |
| Jun 30, 2022 | 9.18 |
| Mar 31, 2022 | 205.32 |
| Dec 31, 2021 | 319.50 |
| Sep 30, 2021 | 106.73 |