Northern Trust (NTRS) Tax Provisions (2009 - 2026)
Northern Trust's Tax Provisions was $272.5 million in Q2 2026, up 89.9% from $143.5 million a year earlier and up 55.6% from the prior quarter.
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Analysis
Northern Trust (NTRS) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northern Trust's Tax Provisions was $777.3 million through Jun 30, 2026, up 41.9% year-over-year; for FY2025, it came in at $602.6 million, down 4.1% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $628.4 million in FY2024 (+75.8%), $357.5 million in FY2023 (-16.9%), $430.3 million in FY2022 (-7.4%) and $464.8 million in FY2021 (+11.1%).
- The Q2 2026 figure marks the highest quarterly Tax Provisions since Q2 2024.
- Compared with a year earlier, Tax Provisions has increased for four straight quarters, with growth averaging 67.4% over the last eight quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q4 2024 (growth of 324.5%); the worst was Q4 2022 (a decline of 66.4%).
- Per Business Quant data, NTRS's Tax Provisions in the three quarters before Q2 2026 was $175.1 million (Q1 2026), $167.8 million (Q4 2025) and $161.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.14 Bn | 82.23 Bn | - | 136.00 Mn |
| 2 | Bank of New York Mellon | 98.14 Bn | 37.51 Bn | - | 475.00 Mn |
| 3 | Cme | 94.12 Bn | 94.12 Bn | - | 285.90 Mn |
| 4 | Intercontinental Exchange | 85.35 Bn | 79.16 Bn | - | 312.00 Mn |
| 5 | Nasdaq | 51.71 Bn | 49.14 Bn | 1.50 Bn | 146.00 Mn |
| 6 | State Street | 47.94 Bn | 47.94 Bn | - | 305.00 Mn |
| 7 | Interactive Brokers | 38.49 Bn | 31.95 Bn | - | 118.00 Mn |
| 8 | Northern Trust | 30.99 Bn | 30.99 Bn | - | 272.50 Mn |
| 9 | Cboe Global Markets | 28.76 Bn | 20.41 Bn | 731.60 Mn | 141.60 Mn |
| 10 | LPL Financial Holdings | 24.08 Bn | 19.40 Bn | - | 136.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 272.50 Mn |
| Mar 31, 2026 | 175.10 Mn |
| Dec 31, 2025 | 167.80 Mn |
| Sep 30, 2025 | 161.90 Mn |
| Jun 30, 2025 | 143.50 Mn |
| Mar 31, 2025 | 129.40 Mn |
| Dec 31, 2024 | 138.80 Mn |
| Sep 30, 2024 | 136.20 Mn |
| Jun 30, 2024 | 277.50 Mn |
| Mar 31, 2024 | 75.90 Mn |
| Dec 31, 2023 | 32.70 Mn |
| Sep 30, 2023 | 106.50 Mn |
| Jun 30, 2023 | 108.90 Mn |
| Mar 31, 2023 | 109.40 Mn |
| Dec 31, 2022 | 34.70 Mn |
| Sep 30, 2022 | 129.70 Mn |
| Jun 30, 2022 | 144.40 Mn |
| Mar 31, 2022 | 121.50 Mn |
| Dec 31, 2021 | 103.20 Mn |
| Sep 30, 2021 | 122.40 Mn |
API Access
Northern Trust Tax Provisions 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=tax-provisions&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();