Northern Trust (NTRS) Leases (2019 - 2025)

Northern Trust recorded quarterly Leases of $464.6 million in Q4 2025, down 2.8% quarter-over-quarter from $478.0 million in Q4 2024, and down 2.8% year-over-year from $478.0 million in Q4 2024.

Northern Trust's Leases history runs 7 years deep, the most recent figure standing at $464.6 million for Q4 2025.

  • In Q4 2025, Leases fell 2.8% year-over-year to $464.6 million; the TTM figure through Dec 2025 stood at $464.6 million (down 2.8% YoY), while the FY2025 annual figure was $464.6 million, down 2.8% from the prior year.
  • Leases came in at $464.6 million for Q4 2025 at Northern Trust, down from $478.0 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $531.2 million in Q4 2021 to a low of $464.6 million in Q4 2025.
  • A 5-year average of $496.3 million and a median of $484.8 million in 2022 frame the typical range for Leases.
  • Across the five-year window, Leases declined 8.73% in 2022 and advanced 7.84% in 2023, its largest moves.
  • Northern Trust's Leases stood at $531.2 million in 2021, then decreased by 8.73% to $484.8 million in 2022, then gained by 7.84% to $522.8 million in 2023, then decreased by 8.57% to $478.0 million in 2024, then slipped by 2.8% to $464.6 million in 2025.
  • According to Business Quant data, Leases over the past three periods registered $464.6 million, $478.0 million, and $522.8 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 1.85 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 786.28 Mn
3 Kkr 84.94 Bn 132.45 Bn - 700.00 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - 833.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn -
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - 564.57 Mn
10 Raymond James Financial 28.62 Bn 17.38 Bn - 597.00 Mn

Historic Data

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DateValue
Dec 31, 2025 464.60 Mn
Dec 31, 2024 478.00 Mn
Dec 31, 2023 522.80 Mn
Dec 31, 2022 484.80 Mn
Dec 31, 2021 531.20 Mn
Dec 31, 2020 560.50 Mn
Dec 31, 2019 491.60 Mn