Northern Trust (NTRS) Payout Ratio (2009 - 2026)
Northern Trust's Payout Ratio came in at 0.27 for Q2 2026, down 21.8% from 0.35 a year earlier and down 16.5% from the prior quarter.
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Analysis
Northern Trust (NTRS) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Northern Trust's Payout Ratio was 0.35, up 15.3% from FY2024.
- Going back by year, Payout Ratio was 0.30 in FY2024 (-48.1%), 0.58 in FY2023 (+0.6%), 0.58 in FY2022 (+49.4%) and 0.39 in FY2021 (-23.5%).
- The Q2 2026 figure represents the lowest quarterly Payout Ratio since Q4 2018.
- Year-over-year, Payout Ratio increased in two of the last eight quarters, with an average decline of 20.2%.
- The fastest year-over-year change in Payout Ratio over five years came in Q3 2023 (growth of 86.5%), and the weakest in Q1 2025 (a decline of 58.0%).
- Business Quant data shows NTRS's Payout Ratio at 0.32 (Q1 2026), 0.35 (Q4 2025) and 0.35 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - |
| 10 | Tradeweb Markets | 30.81 Bn | 23.33 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.25 |
| Jun 30, 2026 | 0.27 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.41 |
| Mar 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.39 |
API Access
Northern Trust Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "NTRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();