Northern Trust (NTRS) Total Debt (2009 - 2026)
Northern Trust's Total Debt came in at $11.96 billion for Q2 2026, up 27.7% from $9.37 billion a year earlier and up 6.9% from the prior quarter.
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Analysis
Northern Trust (NTRS) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Northern Trust's Total Debt was $12.59 billion, up 10.7% from FY2024.
- Total Debt carries a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- Going back by year, Total Debt was $11.37 billion in FY2024 (-0.3%), $11.41 billion in FY2023 (-7.9%), $12.38 billion in FY2022 (+71.1%) and $7.24 billion in FY2021 (-13.1%).
- The five-year range for quarterly Total Debt is $7.01 billion (Q1 2022) to $17.17 billion (Q2 2023).
- Year-over-year, Total Debt has increased for three consecutive quarters, with an average decline of 4.2% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q1 2023 (growth of 131.3%), and the weakest in Q3 2025 (a decline of 31.7%).
- Business Quant data shows NTRS's Total Debt at $11.19 billion (Q1 2026), $12.59 billion (Q4 2025) and $9.43 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 113.65 Bn | 101.99 Bn | 359.20 Mn | 3.43 Bn |
| 2 | Bank of New York Mellon | 103.23 Bn | 37.32 Bn | - | 41.16 Bn |
| 3 | Intercontinental Exchange | 99.60 Bn | 93.42 Bn | 1.22 Bn | 23.30 Bn |
| 4 | Robinhood Markets | 70.15 Bn | 49.76 Bn | - | 2.66 Bn |
| 5 | Nasdaq | 60.57 Bn | 58.01 Bn | 1.48 Bn | 8.74 Bn |
| 6 | State Street | 47.32 Bn | 43.94 Bn | - | 26.04 Bn |
| 7 | Cboe Global Markets | 39.19 Bn | 29.68 Bn | 712.20 Mn | 1.44 Bn |
| 8 | Interactive Brokers | 37.06 Bn | 20.72 Bn | - | 1.41 Bn |
| 9 | Northern Trust | 32.28 Bn | 32.28 Bn | - | 14.00 Bn |
| 10 | Tradeweb Markets | 30.81 Bn | 23.33 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.00 Bn |
| Jun 30, 2026 | 14.03 Bn |
| Mar 31, 2026 | 14.07 Bn |
| Dec 31, 2025 | 12.59 Bn |
| Sep 30, 2025 | 13.52 Bn |
| Jun 30, 2025 | 13.46 Bn |
| Mar 31, 2025 | 13.43 Bn |
| Dec 31, 2024 | 11.37 Bn |
| Sep 30, 2024 | 13.80 Bn |
| Jun 30, 2024 | 13.64 Bn |
| Mar 31, 2024 | 13.34 Bn |
| Dec 31, 2023 | 11.41 Bn |
| Sep 30, 2023 | 13.62 Bn |
| Jun 30, 2023 | 17.17 Bn |
| Mar 31, 2023 | 16.21 Bn |
| Dec 31, 2022 | 12.38 Bn |
| Sep 30, 2022 | 10.93 Bn |
| Jun 30, 2022 | 7.91 Bn |
| Mar 31, 2022 | 7.01 Bn |
| Dec 31, 2021 | 7.24 Bn |
API Access
Northern Trust Total Debt 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=total-debt&ticker=NTRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NTRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();