Northern Trust (NTRS) Interest Expense - Debt (2009 - 2021)
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 - 2021) 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 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | - |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 383.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | - |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | - |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | - |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 296.00 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | - |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | - |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | - |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 100,000.00 |
| Sep 30, 2021 | 500,000.00 |
| Jun 30, 2021 | 500,000.00 |
| Mar 31, 2021 | 600,000.00 |
| Dec 31, 2020 | 600,000.00 |
| Sep 30, 2020 | 400,000.00 |
| Jun 30, 2020 | 1.50 Mn |
| Mar 31, 2020 | 1.70 Mn |
| Dec 31, 2019 | 1.80 Mn |
| Sep 30, 2019 | 2.10 Mn |
| Jun 30, 2019 | 2.10 Mn |
| Mar 31, 2019 | 2.20 Mn |
| Dec 31, 2018 | 2.10 Mn |
| Sep 30, 2018 | 2.00 Mn |
| Jun 30, 2018 | 1.90 Mn |
| Mar 31, 2018 | 1.50 Mn |
| Dec 31, 2017 | 1.30 Mn |
| Sep 30, 2017 | 1.40 Mn |
| Jun 30, 2017 | 1.10 Mn |
| Mar 31, 2017 | 1.10 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();