Northern Trust (NTRS) Rent Expense (2009 - 2026)
Northern Trust recorded quarterly Rent Expense of $51.3 million in Q1 2026, down 9.04% quarter-over-quarter from $56.4 million in Q4 2025, and down 3.93% year-over-year from $53.4 million in Q1 2025.
Northern Trust's Rent Expense history runs 18 years deep, the most recent figure standing at $51.3 million for Q1 2026.
- In Q1 2026, Rent Expense fell 3.93% year-over-year to $51.3 million; the TTM figure through Mar 2026 stood at $215.2 million (changed 0.42% YoY), while the FY2025 annual figure was $217.3 million, changed 0.23% from the prior year.
- Rent Expense came in at $51.3 million for Q1 2026 at Northern Trust, down from $56.4 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $65.7 million in Q4 2022 to a low of $51.0 million in Q2 2022.
- A 5-year average of $55.1 million and a median of $54.1 million in 2024 frame the typical range for Rent Expense.
- Across the five-year window, Rent Expense advanced 26.83% in 2022 and slipped 11.75% in 2024, its largest moves.
- Northern Trust's Rent Expense stood at $65.7 million in 2022, then decreased by 10.96% to $58.5 million in 2023, then decreased by 7.52% to $54.1 million in 2024, then gained by 4.25% to $56.4 million in 2025, then dropped by 9.04% to $51.3 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $51.3 million, $56.4 million, and $55.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 37.84 Mn |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | - |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 101.00 Mn |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | - |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 51.30 Mn |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Raymond James Financial | 28.62 Bn | 17.38 Bn | - | 80.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.30 Mn |
| Mar 31, 2026 | 51.30 Mn |
| Dec 31, 2025 | 56.40 Mn |
| Dec 31, 2025 | 56.40 Mn |
| Sep 30, 2025 | 55.00 Mn |
| Sep 30, 2025 | 55.00 Mn |
| Jun 30, 2025 | 52.50 Mn |
| Jun 30, 2025 | 52.50 Mn |
| Mar 31, 2025 | 53.40 Mn |
| Mar 31, 2025 | 53.40 Mn |
| Dec 31, 2024 | 54.10 Mn |
| Dec 31, 2024 | 54.10 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Sep 30, 2024 | 53.80 Mn |
| Jun 30, 2024 | 54.80 Mn |
| Jun 30, 2024 | 54.80 Mn |
| Mar 31, 2024 | 54.10 Mn |
| Mar 31, 2024 | 54.10 Mn |
| Dec 31, 2023 | 58.50 Mn |
| Dec 31, 2023 | 58.50 Mn |
| Sep 30, 2023 | 58.70 Mn |
| Sep 30, 2023 | 58.70 Mn |
| Jun 30, 2023 | 53.80 Mn |
| Jun 30, 2023 | 53.80 Mn |
| Mar 31, 2023 | 61.30 Mn |
| Mar 31, 2023 | 61.30 Mn |
| Dec 31, 2022 | 65.70 Mn |
| Dec 31, 2022 | 65.70 Mn |
| Sep 30, 2022 | 51.30 Mn |
| Sep 30, 2022 | 51.30 Mn |
| Jun 30, 2022 | 51.00 Mn |
| Jun 30, 2022 | 51.00 Mn |
| Mar 31, 2022 | 51.10 Mn |
| Mar 31, 2022 | 51.10 Mn |
| Dec 31, 2021 | 51.80 Mn |
| Dec 31, 2021 | 51.80 Mn |
| Sep 30, 2021 | 53.90 Mn |
| Sep 30, 2021 | 53.90 Mn |
| Jun 30, 2021 | 52.20 Mn |
| Jun 30, 2021 | 52.20 Mn |
| Mar 31, 2021 | 50.80 Mn |
| Mar 31, 2021 | 50.80 Mn |
| Dec 31, 2020 | 67.20 Mn |
| Dec 31, 2020 | 67.20 Mn |
| Sep 30, 2020 | 51.80 Mn |
| Sep 30, 2020 | 51.80 Mn |
| Jun 30, 2020 | 60.00 Mn |
| Jun 30, 2020 | 60.00 Mn |
| Mar 31, 2020 | 51.10 Mn |
| Mar 31, 2020 | 51.10 Mn |
| Dec 31, 2019 | 57.40 Mn |
| Dec 31, 2019 | 57.40 Mn |
| Sep 30, 2019 | 53.00 Mn |
| Sep 30, 2019 | 53.00 Mn |
| Jun 30, 2019 | 50.90 Mn |
| Jun 30, 2019 | 50.90 Mn |
| Mar 31, 2019 | 51.60 Mn |
| Mar 31, 2019 | 51.60 Mn |
| Dec 31, 2018 | 49.80 Mn |
| Dec 31, 2018 | 49.80 Mn |
| Sep 30, 2018 | 51.00 Mn |
| Sep 30, 2018 | 51.00 Mn |
| Jun 30, 2018 | 48.80 Mn |
| Jun 30, 2018 | 48.80 Mn |
| Mar 31, 2018 | 51.50 Mn |
| Mar 31, 2018 | 51.50 Mn |
| Dec 31, 2017 | 52.80 Mn |
| Dec 31, 2017 | 52.80 Mn |
| Sep 30, 2017 | 47.30 Mn |
| Sep 30, 2017 | 47.30 Mn |
| Jun 30, 2017 | 46.30 Mn |
| Jun 30, 2017 | 46.30 Mn |
| Mar 31, 2017 | 45.40 Mn |
| Mar 31, 2017 | 45.40 Mn |
| Dec 31, 2016 | 47.00 Mn |
| Dec 31, 2016 | 47.00 Mn |
| Sep 30, 2016 | 44.20 Mn |
| Sep 30, 2016 | 44.20 Mn |
| Jun 30, 2016 | 45.30 Mn |
| Jun 30, 2016 | 45.30 Mn |
| Mar 31, 2016 | 40.90 Mn |
| Mar 31, 2016 | 40.90 Mn |
| Dec 31, 2015 | 43.80 Mn |
| Dec 31, 2015 | 43.80 Mn |
| Sep 30, 2015 | 43.70 Mn |
| Sep 30, 2015 | 43.70 Mn |
| Jun 30, 2015 | 43.00 Mn |
| Jun 30, 2015 | 43.00 Mn |
| Mar 31, 2015 | 43.00 Mn |
| Mar 31, 2015 | 43.00 Mn |
| Dec 31, 2014 | 45.10 Mn |
| Dec 31, 2014 | 45.10 Mn |
| Sep 30, 2014 | 43.80 Mn |
| Sep 30, 2014 | 43.80 Mn |
| Jun 30, 2014 | 47.20 Mn |
| Jun 30, 2014 | 47.20 Mn |
| Mar 31, 2014 | 44.20 Mn |
| Mar 31, 2014 | 44.20 Mn |
| Dec 31, 2013 | 43.80 Mn |
| Dec 31, 2013 | 43.80 Mn |
| Sep 30, 2013 | 43.30 Mn |
| Sep 30, 2013 | 43.30 Mn |
| Jun 30, 2013 | 43.50 Mn |
| Jun 30, 2013 | 43.50 Mn |
| Mar 31, 2013 | 43.20 Mn |
| Mar 31, 2013 | 43.20 Mn |
| Dec 31, 2012 | 46.20 Mn |
| Dec 31, 2012 | 46.20 Mn |
| Sep 30, 2012 | 43.80 Mn |
| Sep 30, 2012 | 43.80 Mn |
| Jun 30, 2012 | 42.60 Mn |
| Jun 30, 2012 | 42.60 Mn |
| Mar 31, 2012 | 41.80 Mn |
| Mar 31, 2012 | 41.80 Mn |
| Dec 31, 2011 | 49.60 Mn |
| Dec 31, 2011 | 49.60 Mn |
| Sep 30, 2011 | 45.40 Mn |
| Sep 30, 2011 | 45.40 Mn |
| Jun 30, 2011 | 43.20 Mn |
| Jun 30, 2011 | 43.20 Mn |
| Mar 31, 2011 | 42.60 Mn |
| Mar 31, 2011 | 42.60 Mn |
| Dec 31, 2010 | 40.60 Mn |
| Dec 31, 2010 | 40.60 Mn |
| Sep 30, 2010 | 42.60 Mn |
| Sep 30, 2010 | 42.60 Mn |
| Jun 30, 2010 | 41.90 Mn |
| Jun 30, 2010 | 41.90 Mn |
| Mar 31, 2010 | 42.70 Mn |
| Mar 31, 2010 | 42.70 Mn |
| Dec 31, 2009 | 43.30 Mn |
| Dec 31, 2009 | 43.30 Mn |
| Sep 30, 2009 | 45.30 Mn |
| Sep 30, 2009 | 45.30 Mn |
| Jun 30, 2009 | 40.40 Mn |
| Jun 30, 2009 | 40.40 Mn |
| Mar 31, 2009 | 41.80 Mn |
| Mar 31, 2009 | 41.80 Mn |