Northern Trust (NTRS) Tax Rate (2016 - 2025)

Northern Trust's Tax Rate history spans 12 years, with the latest figure at 23.36% for Q4 2024.

  • For Q4 2024, Tax Rate rose 93.0% year-over-year to 23.36%; the TTM value through Dec 2024 reached 23.63%, down 78.0%, while the annual FY2024 figure was 23.63%, 78.0% down from the prior year.
  • Tax Rate for Q4 2024 was 23.36% at Northern Trust, up from 22.66% in the prior quarter.
  • Across five years, Tax Rate topped out at 35.48% in Q4 2020 and bottomed at 18.22% in Q4 2022.
  • The 5-year median for Tax Rate is 24.06% (2021), against an average of 24.11%.
  • The largest annual shift saw Tax Rate skyrocketed 1338bps in 2020 before it plummeted -1523bps in 2021.
  • A 5-year view of Tax Rate shows it stood at 35.48% in 2020, then plummeted by -43bps to 20.25% in 2021, then fell by -10bps to 18.22% in 2022, then rose by 23bps to 22.43% in 2023, then increased by 4bps to 23.36% in 2024.
  • Per Business Quant, the three most recent readings for NTRS's Tax Rate are 23.36% (Q4 2024), 22.66% (Q3 2024), and 23.65% (Q2 2024).