Northern Trust (NTRS) Net Margin (2009 - 2026)
Northern Trust recorded quarterly Net Margin of 37.97% in Q1 2026, up 7.61% quarter-over-quarter from 35.28% in Q4 2025, and up 701.0% year-over-year from 4.74% in Q1 2025.
Northern Trust's Net Margin history runs 18 years deep, the most recent figure standing at 37.97% for Q1 2026.
- In Q1 2026, Net Margin rose 701.0% year-over-year to 37.97%; the TTM figure through Mar 2026 stood at 35.54% (down 961.0% YoY), while the FY2025 annual figure was 33.78%, down 829.0% from the prior year.
- Net Margin came in at 37.97% for Q1 2026 at Northern Trust, up from 35.28% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 76.44% in Q2 2024 to a low of 9.94% in Q4 2023.
- A 5-year average of 32.62% and a median of 33.84% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 4661 bps in 2024 and tumbled 4260 bps in 2025, its largest moves.
- Northern Trust's Net Margin stood at 14.49% in 2022, then slumped by 31 bps to 9.94% in 2023, then surged by 271 bps to 36.88% in 2024, then decreased by 4 bps to 35.28% in 2025, then climbed by 8 bps to 37.97% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 37.97%, 35.28%, and 34.88% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 34.73% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 34.77% |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 8.45% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 46.11% |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | -38.15% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 18.57% |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.73% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 37.97% |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 8.40% |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 12.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.97% |
| Dec 31, 2025 | 35.28% |
| Sep 30, 2025 | 34.88% |
| Jun 30, 2025 | 33.84% |
| Mar 31, 2025 | 30.96% |
| Dec 31, 2024 | 36.88% |
| Sep 30, 2024 | 37.50% |
| Jun 30, 2024 | 76.44% |
| Mar 31, 2024 | 17.37% |
| Dec 31, 2023 | 9.94% |
| Sep 30, 2023 | 28.02% |
| Jun 30, 2023 | 29.84% |
| Mar 31, 2023 | 29.94% |
| Dec 31, 2022 | 14.49% |
| Sep 30, 2022 | 35.10% |
| Jun 30, 2022 | 34.24% |
| Mar 31, 2022 | 31.93% |
| Dec 31, 2021 | 36.16% |
| Sep 30, 2021 | 34.16% |
| Jun 30, 2021 | 33.79% |
| Mar 31, 2021 | 33.74% |
| Dec 31, 2020 | 23.02% |
| Sep 30, 2020 | 27.72% |
| Jun 30, 2020 | 32.09% |
| Mar 31, 2020 | 32.89% |
| Dec 31, 2019 | 36.82% |
| Sep 30, 2019 | 37.64% |
| Jun 30, 2019 | 40.14% |
| Mar 31, 2019 | 35.50% |
| Dec 31, 2018 | 43.26% |
| Sep 30, 2018 | 38.03% |
| Jun 30, 2018 | 40.78% |
| Mar 31, 2018 | 1,390.46% |
| Dec 31, 2017 | 38.54% |
| Sep 30, 2017 | 32.39% |
| Jun 30, 2017 | 30.89% |
| Mar 31, 2017 | 31.60% |
| Dec 31, 2016 | 11.41% |
| Sep 30, 2016 | 20.74% |
| Jun 30, 2016 | 26.44% |
| Mar 31, 2016 | 28.58% |
| Dec 31, 2015 | 20.18% |
| Sep 30, 2015 | 26.88% |
| Jun 30, 2015 | 27.24% |
| Mar 31, 2015 | 19.81% |
| Dec 31, 2014 | 20.75% |
| Sep 30, 2014 | 18.95% |
| Jun 30, 2014 | 16.82% |
| Mar 31, 2014 | 17.16% |
| Dec 31, 2013 | 17.11% |
| Sep 30, 2013 | 19.39% |
| Jun 30, 2013 | 18.41% |
| Mar 31, 2013 | 16.54% |
| Dec 31, 2012 | -55.09% |
| Sep 30, 2012 | 18.10% |
| Jun 30, 2012 | 17.90% |
| Mar 31, 2012 | 16.70% |
| Dec 31, 2011 | 14.20% |
| Sep 30, 2011 | 17.54% |
| Jun 30, 2011 | 15.90% |
| Mar 31, 2011 | 16.82% |
| Dec 31, 2010 | 16.91% |
| Sep 30, 2010 | 17.35% |
| Jun 30, 2010 | 20.54% |
| Mar 31, 2010 | 17.36% |
| Dec 31, 2009 | 21.16% |
| Sep 30, 2009 | 20.34% |
| Jun 30, 2009 | 21.70% |
| Mar 31, 2009 | 15.53% |