Northern Trust (NTRS) Invested Capital (2009 - 2026)

Northern Trust's (NTRS) quarterly Invested Capital came in at $13.0 billion in Q1 2026, up 0.84% year-on-year from $12.9 billion in Q1 2025, and little changed quarter-over-quarter from $13.0 billion in Q4 2025.

Northern Trust (NTRS) Invested Capital (2009 - 2026) Analysis & Trends

Northern Trust has disclosed Invested Capital across 18 years of filings, most recently posting $13.0 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $13.0 billion, up 0.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.0 billion (up 0.84% YoY), and the FY2025 annual result was $13.0 billion, up 1.33% from the prior year.
  • Invested Capital came in at $13.0 billion for Q1 2026 at Northern Trust, roughly flat from $13.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $13.0 billion in Q1 2026 to a low of $11.0 billion in Q3 2022.
  • The 5-year median for Invested Capital is $12.1 billion (2024), against an average of $12.2 billion.
  • Across the five-year window, Invested Capital decreased 7.3% in 2022 and gained 8.77% in 2024, its largest moves.
  • Northern Trust's Invested Capital stood at $11.3 billion in 2022, then rose by 5.67% to $11.9 billion in 2023, then increased by 7.48% to $12.8 billion in 2024, then increased by 1.33% to $13.0 billion in 2025, then increased by 0.23% to $13.0 billion in 2026.
  • The last three Invested Capital figures came in at $13.0 billion (Q1 2026), $13.0 billion (Q4 2025), and $13.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 69.22 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 8.37 Bn
3 Kkr 86.45 Bn 133.96 Bn - 30.50 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 53.75 Bn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.75 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 12.99 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.57 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 12.75 Bn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 15.78 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 12.99 Bn
Dec 31, 2025 12.96 Bn
Sep 30, 2025 12.96 Bn
Jun 30, 2025 12.87 Bn
Mar 31, 2025 12.88 Bn
Dec 31, 2024 12.79 Bn
Sep 30, 2024 12.75 Bn
Jun 30, 2024 12.66 Bn
Mar 31, 2024 12.10 Bn
Dec 31, 2023 11.90 Bn
Sep 30, 2023 11.85 Bn
Jun 30, 2023 11.64 Bn
Mar 31, 2023 11.59 Bn
Dec 31, 2022 11.26 Bn
Sep 30, 2022 11.03 Bn
Jun 30, 2022 11.07 Bn
Mar 31, 2022 11.41 Bn
Dec 31, 2021 12.02 Bn
Sep 30, 2021 11.90 Bn
Jun 30, 2021 11.82 Bn