Northern Trust (NTRS) Invested Capital (2011 - 2026)
Northern Trust's (NTRS) quarterly Invested Capital came in at $22.0 billion in Q2 2026, up 13.55% year-over-year from $19.4 billion in Q2 2025, and up 5.77% quarter-over-quarter from $20.8 billion in Q1 2026.
Analysis
Northern Trust (NTRS) Invested Capital (2011 - 2026) Analysis & Trends
Northern Trust has disclosed Invested Capital across 16 years of filings, most recently posting $22.0 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 13.55% year-over-year to $22.0 billion; the TTM figure through Jun 2026 stood at $22.0 billion (up 13.55% YoY), while the FY2025 annual figure was $20.1 billion, up 4.18% from the prior year.
- Invested Capital came in at $22.0 billion for Q2 2026 at Northern Trust, up from $20.8 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $24.0 billion in Q2 2023 to a low of $14.6 billion in Q2 2022.
- Average Invested Capital over 5 years is $19.4 billion, with a median of $19.4 billion recorded in 2025.
- Year-over-year, Invested Capital soared 64.68% in 2023 and slipped 18.9% in 2024.
- Over 5 years, Invested Capital stood at $18.9 billion in 2022, then decreased by 2.05% to $18.5 billion in 2023, then climbed by 4.57% to $19.3 billion in 2024, then climbed by 4.18% to $20.1 billion in 2025, then climbed by 9.51% to $22.0 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $22.0 billion in Q2 2026, $20.8 billion in Q1 2026, and $20.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 110.37 Bn | 49.74 Bn | - | 80.45 Bn |
| 2 | State Street | 53.13 Bn | 53.13 Bn | - | - |
| 3 | Northern Trust | 34.62 Bn | 34.62 Bn | - | 22.03 Bn |
| 4 | Sei Investments | 12.83 Bn | 12.74 Bn | - | 2.57 Bn |
| 5 | Healthequity | 7.98 Bn | 7.72 Bn | 257.95 Mn | 2.92 Bn |
| 6 | AtlasClear Holdings | 26.96 Mn | -13.53 Mn | - | 36.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.03 Bn |
| Mar 31, 2026 | 20.83 Bn |
| Dec 31, 2025 | 20.12 Bn |
| Sep 30, 2025 | 19.54 Bn |
| Jun 30, 2025 | 19.40 Bn |
| Mar 31, 2025 | 19.41 Bn |
| Dec 31, 2024 | 19.31 Bn |
| Sep 30, 2024 | 19.65 Bn |
| Jun 30, 2024 | 19.48 Bn |
| Mar 31, 2024 | 18.63 Bn |
| Dec 31, 2023 | 18.47 Bn |
| Sep 30, 2023 | 18.72 Bn |
| Jun 30, 2023 | 24.02 Bn |
| Mar 31, 2023 | 22.95 Bn |
| Dec 31, 2022 | 18.85 Bn |
| Sep 30, 2022 | 18.18 Bn |
| Jun 30, 2022 | 14.58 Bn |
| Mar 31, 2022 | 14.93 Bn |
| Dec 31, 2021 | 15.60 Bn |
| Sep 30, 2021 | 17.52 Bn |