Northern Trust (NTRS) Interest Expense - Debt (2009 - 2026)
Northern Trust (NTRS) reported Interest Expense - Debt of $100,000 for Q4 2021, down 83.3% from $600,000 a year earlier and down 80.0% from the prior quarter.
Northern Trust (NTRS) Interest Expense - Debt (2009 - 2026) Analysis & Trends
For FY2021, Northern Trust posted Interest Expense - Debt of $1.7 million, down 59.5% from FY2020.
- Interest Expense - Debt has a five-year compound annual growth rate of -13.4% (FY2016 to FY2021).
- By year, Interest Expense - Debt came in at $4.2 million in FY2020 (-48.8%), $8.2 million in FY2019 (+9.3%), $7.5 million in FY2018 (+53.1%) and $4.9 million in FY2017 (+40.0%).
- The Q4 2021 figure ranks as the lowest quarterly Interest Expense - Debt since Q4 2009.
- Year over year, Interest Expense - Debt gained in 1 of the last eight quarters, with an average decline of 48.6%.
- The high point for year-over-year Interest Expense - Debt in five years was Q2 2018 (growth of 72.7%); the low point was Q4 2021 (a decline of 83.3%).
- Per Business Quant data, the three quarters before Q4 2021 came in at $500,000 (Q3 2021), $500,000 (Q2 2021) and $600,000 (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | - |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 383.00 Mn |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | - |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | - |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | - |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | 296.00 Mn |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | - |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | - |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | 38.30 Mn |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.30 Mn |
| Mar 31, 2026 | 45.90 Mn |
| Dec 31, 2025 | 53.00 Mn |
| Sep 30, 2025 | 56.40 Mn |
| Jun 30, 2025 | 55.90 Mn |
| Mar 31, 2025 | 55.60 Mn |
| Dec 31, 2024 | 56.10 Mn |
| Sep 30, 2024 | 56.10 Mn |
| Jun 30, 2024 | 55.70 Mn |
| Mar 31, 2024 | 55.60 Mn |
| Dec 31, 2023 | 55.80 Mn |
| Sep 30, 2023 | 31.80 Mn |
| Jun 30, 2023 | 30.40 Mn |
| Mar 31, 2023 | 29.20 Mn |
| Dec 31, 2022 | 22.50 Mn |
| Sep 30, 2022 | 9.30 Mn |
| Jun 30, 2022 | 6.80 Mn |
| Mar 31, 2022 | 5.40 Mn |
| Dec 31, 2021 | 5.30 Mn |
| Sep 30, 2021 | 5.80 Mn |
Northern Trust Interest Expense - Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=NTRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "ticker": "NTRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-debt&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();