Northern Trust (NTRS) Net Margin (2009 - 2026)
Northern Trust's (NTRS) quarterly Net Margin came in at 58.35% in Q2 2026, up 2452.0% year-over-year from 2.29% in Q2 2025, and up 53.7% quarter-over-quarter from 37.97% in Q1 2026.
Analysis
Northern Trust (NTRS) Net Margin (2009 - 2026) Analysis & Trends
Northern Trust has disclosed Net Margin across 18 years of filings, most recently posting 58.35% for Q2 2026.
- In Q2 2026, Net Margin rose 2452.0% year-over-year to 58.35%; the TTM figure through Jun 2026 stood at 41.79% (up 700.0% YoY), while the FY2025 annual figure was 33.78%, down 829.0% from the prior year.
- Net Margin came in at 58.35% for Q2 2026 at Northern Trust, up from 37.97% 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.
- Average Net Margin over 5 years is 34.05%, with a median of 34.04% recorded in 2022.
- Year-over-year, Net Margin surged 4661 bps in 2024 and tumbled 4260 bps in 2025.
- Over 5 years, Net Margin stood at 14.49% in 2022, then sank 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 jumped by 65 bps to 58.35% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 58.35% in Q2 2026, 37.97% in Q1 2026, and 35.28% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 111.34 Bn | 50.12 Bn | - | 29.93% |
| 2 | State Street | 53.01 Bn | 53.01 Bn | - | 25.35% |
| 3 | Northern Trust | 34.44 Bn | 34.44 Bn | - | 58.35% |
| 4 | Sei Investments | 12.94 Bn | 12.54 Bn | - | 31.10% |
| 5 | Healthequity | 7.86 Bn | 7.61 Bn | 257.95 Mn | 18.72% |
| 6 | AtlasClear Holdings | 27.14 Mn | -13.35 Mn | - | -45.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.35% |
| 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% |