Northern Trust (NTRS) Tax Rate (2009 - 2026)

Northern Trust has disclosed Tax Rate across 18 years of filings, most recently posting 24.99% for Q1 2026.

• Tax Rate for Q1 2026 came in at 24.99%, up 18.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.74% (up 215.0% YoY), and the FY2025 annual result was 25.76%, up 213.0% from the prior year.
• Tax Rate came in at 24.99% for Q1 2026 at Northern Trust, down from 26.48% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 26.71% in Q2 2022 to a low of 18.22% in Q4 2022.
• The 5-year median for Tax Rate is 24.71% (2023), against an average of 24.32%.
• Across the five-year window, Tax Rate plunged 203 bps in 2022 and soared 420 bps in 2023, its largest moves.
• Northern Trust's Tax Rate stood at 18.22% in 2022, then increased by 23 bps to 22.43% in 2023, then rose by 4 bps to 23.36% in 2024, then grew by 13 bps to 26.48% in 2025, then declined by 6 bps to 24.99% in 2026.
• The last three Tax Rate figures came in at 24.99% (Q1 2026), 26.48% (Q4 2025), and 26.13% (Q3 2025), per Business Quant data.