Northern Trust (NTRS) Net Margin (2009 - 2026)

Northern Trust's (NTRS) quarterly Net Margin came in at 37.97% in Q1 2026, up 701.0% year-on-year from 4.74% in Q1 2025, and up 7.61% quarter-over-quarter from 35.28% in Q4 2025.

Northern Trust (NTRS) Net Margin (2009 - 2026) Analysis & Trends

Northern Trust has disclosed Net Margin across 18 years of filings, most recently posting 37.97% for Q1 2026.

  • Net Margin for Q1 2026 came in at 37.97%, up 701.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.54% (down 961.0% YoY), and the FY2025 annual result 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.
  • The 5-year median for Net Margin is 33.84% (2025), against an average of 32.62%.
  • Across the five-year window, Net Margin jumped 4661 bps in 2024 and plunged 4260 bps in 2025, its largest moves.
  • Northern Trust's Net Margin stood at 14.49% in 2022, then tumbled by 31 bps to 9.94% in 2023, then jumped by 271 bps to 36.88% in 2024, then retreated by 4 bps to 35.28% in 2025, then advanced by 8 bps to 37.97% in 2026.
  • The last three Net Margin figures came in at 37.97% (Q1 2026), 35.28% (Q4 2025), and 34.88% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 35.96%

Historic Data

Download Data
DateValue
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%