Northern Trust (NTRS) Times Interest Earned (2009 - 2026)
Northern Trust's (NTRS) Times Interest Earned was 1.70 for Q2 2026, up 25.9% from 1.35 a year earlier and up 18.0% from the prior quarter.
Northern Trust (NTRS) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Northern Trust's Times Interest Earned came in at 1.49, up 12.0% year-over-year; for FY2025, it was 1.38, up 1.9% from FY2024.
- By year, Times Interest Earned came in at 1.35 in FY2024 (+6.0%), 1.27 in FY2023 (-54.2%), 2.78 in FY2022 (-96.7%) and 85.46 in FY2021 (+836.4%).
- The Q2 2026 figure ranks as the highest quarterly Times Interest Earned since Q3 2022.
- Year over year, Times Interest Earned has now increased in each of the last four quarters, with growth averaging 9.1% over the last eight quarters.
- The high point for year-over-year Times Interest Earned in five years was Q3 2021 (growth of 586.5%); the low point was Q4 2022 (a decline of 99.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.44 (Q1 2026), 1.43 (Q4 2025) and 1.40 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 109.27 Bn | 97.61 Bn | - | 26.24 |
| 2 | Bank of New York Mellon | 98.55 Bn | 37.92 Bn | - | 1.50 |
| 3 | Intercontinental Exchange | 91.26 Bn | 85.07 Bn | - | 6.79 |
| 4 | Robinhood Markets | 85.47 Bn | 66.56 Bn | - | 5.46 |
| 5 | Nasdaq | 57.27 Bn | 54.71 Bn | 1.48 Bn | 8.51 |
| 6 | State Street | 46.11 Bn | 46.11 Bn | - | 1.70 |
| 7 | Interactive Brokers | 36.17 Bn | 29.63 Bn | - | 2.23 |
| 8 | Cboe Global Markets | 35.59 Bn | 27.25 Bn | 731.60 Mn | 36.06 |
| 9 | Northern Trust | 30.73 Bn | 30.73 Bn | - | 1.70 |
| 10 | Tradeweb Markets | 28.70 Bn | 21.41 Bn | - | 485.67 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.70 |
| Mar 31, 2026 | 1.44 |
| Dec 31, 2025 | 1.43 |
| Sep 30, 2025 | 1.40 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 1.33 |
| Dec 31, 2024 | 1.35 |
| Sep 30, 2024 | 1.31 |
| Jun 30, 2024 | 1.59 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 1.29 |
| Jun 30, 2023 | 1.36 |
| Mar 31, 2023 | 1.48 |
| Dec 31, 2022 | 1.30 |
| Sep 30, 2022 | 2.83 |
| Jun 30, 2022 | 9.18 |
| Mar 31, 2022 | 205.32 |
| Dec 31, 2021 | 319.50 |
| Sep 30, 2021 | 106.73 |
Northern Trust Times Interest Earned 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=times-interest-earned&ticker=NTRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();