Northern Trust (NTRS) Price to FCF (2015 - 2026)
Northern Trust's Price to FCF came in at 71.44 for Q2 2026, up 637.9% from 9.68 a year earlier and up 561.9% from the prior quarter.
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Analysis
Northern Trust (NTRS) Price to FCF (2015 - 2026) Analysis & Trends
For FY2025, Northern Trust's Price to FCF was 4.66.
- Going back by year, Price to FCF was 6.90 in FY2023 (-15.3%), 8.15 in FY2022 (-58.7%) and 19.71 in FY2021 (+79.0%).
- The Q2 2026 figure represents the highest quarterly Price to FCF since Q3 2022.
- Year-over-year, Price to FCF increased in four of the last six quarters, with growth averaging 167.7%.
- The fastest year-over-year change in Price to FCF over five years came in Q2 2026 (growth of 637.9%), and the weakest in Q3 2023 (a decline of 96.2%).
- Business Quant data shows NTRS's Price to FCF at 10.79 (Q1 2026), 4.66 (Q4 2025) and 10.48 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.35 Bn | 82.45 Bn | - |
| 2 | Bank of New York Mellon | 98.65 Bn | 38.02 Bn | - |
| 3 | Cme | 94.54 Bn | 94.54 Bn | - |
| 4 | Intercontinental Exchange | 84.23 Bn | 78.04 Bn | - |
| 5 | Nasdaq | 50.77 Bn | 48.20 Bn | 1.50 Bn |
| 6 | State Street | 48.31 Bn | 48.31 Bn | - |
| 7 | Interactive Brokers | 39.79 Bn | 33.24 Bn | - |
| 8 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 9 | Cboe Global Markets | 28.34 Bn | 20.00 Bn | 731.60 Mn |
| 10 | LPL Financial Holdings | 24.92 Bn | 20.24 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.44 |
| Mar 31, 2026 | 10.79 |
| Dec 31, 2025 | 4.66 |
| Sep 30, 2025 | 10.48 |
| Jun 30, 2025 | 9.68 |
| Mar 31, 2025 | 5.31 |
| Sep 30, 2024 | 3.70 |
| Jun 30, 2024 | 3.93 |
| Mar 31, 2024 | 14.93 |
| Dec 31, 2023 | 6.90 |
| Sep 30, 2023 | 3.72 |
| Jun 30, 2023 | 5.33 |
| Mar 31, 2023 | 13.44 |
| Dec 31, 2022 | 8.15 |
| Sep 30, 2022 | 98.47 |
| Jun 30, 2022 | 12.92 |
| Mar 31, 2022 | 12.61 |
| Dec 31, 2021 | 19.71 |
| Sep 30, 2021 | 32.34 |
| Jun 30, 2021 | 181.98 |
API Access
Northern Trust Price to FCF 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=price-to-fcf&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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=price-to-fcf&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();