Northern Trust (NTRSO) Debt to Equity (2011 - 2026)

Northern Trust recorded quarterly Debt to Equity of $0.6 in Q1 2026, up 2576.85% quarter-over-quarter from $0.02 in Q4 2025, and up 2215.71% year-over-year from $0.03 in Q1 2025.

Northern Trust's Debt to Equity history runs 16 years deep, the most recent figure standing at $0.6 for Q1 2026.

  • In Q1 2026, Debt to Equity rose 2215.71% year-over-year to $0.6; the TTM figure through Mar 2026 stood at $0.6 (up 2215.71% YoY), while the FY2025 annual figure was $0.02, down 37.58% from the prior year.
  • Debt to Equity came in at $0.6 for Q1 2026 at Northern Trust, up from $0.02 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.06 in Q2 2023 to a low of $0.02 in Q4 2025.
  • A 5-year average of $0.29 and a median of $0.22 in 2024 frame the typical range for Debt to Equity.
  • Across the five-year window, Debt to Equity slumped 92.25% in 2025 and jumped 2215.71% in 2026, its largest moves.
  • Northern Trust's Debt to Equity stood at $0.67 in 2022, then sank by 74.26% to $0.17 in 2023, then slumped by 79.19% to $0.04 in 2024, then slumped by 37.58% to $0.02 in 2025, then surged by 2576.85% to $0.6 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.6, $0.02, and $0.22 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 0.14
2 Blackstone 92.68 Bn 91.63 Bn - 1.59
3 Kkr 84.94 Bn 132.45 Bn - -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 0.29
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn -
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.03
8 Northern Trust 31.21 Bn 31.21 Bn - 0.60
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Northern Trust - - - 0.60

Historic Data

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DateValue
Mar 31, 2026 0.60
Dec 31, 2025 0.02
Sep 30, 2025 0.22
Jun 30, 2025 0.07
Mar 31, 2025 0.03
Dec 31, 2024 0.04
Sep 30, 2024 0.22
Jun 30, 2024 0.54
Mar 31, 2024 0.34
Dec 31, 2023 0.17
Sep 30, 2023 0.05
Jun 30, 2023 1.06
Mar 31, 2023 0.03
Dec 31, 2022 0.67
Sep 30, 2022 0.25
Jun 30, 2022 0.30
Mar 31, 2022 0.31
Dec 31, 2021 0.10
Sep 30, 2021 0.10
Jun 30, 2021 0.43
Mar 31, 2021 0.26
Dec 31, 2020 0.34
Sep 30, 2020 0.02
Jun 30, 2020 0.32
Mar 31, 2020 0.00
Dec 31, 2019 0.23
Sep 30, 2019 0.24
Jun 30, 2019 0.01
Mar 31, 2019 0.11
Dec 31, 2018 0.11
Sep 30, 2018 0.75
Jun 30, 2018 0.74
Mar 31, 2018 0.15
Dec 31, 2017 0.59
Sep 30, 2017 0.15
Jun 30, 2017 0.05
Mar 31, 2017 0.13
Dec 31, 2016 0.52
Sep 30, 2016 3.66
Jun 30, 2016 0.16
Mar 31, 2016 0.06
Dec 31, 2015 0.18
Sep 30, 2015 0.06
Jun 30, 2015 0.00
Mar 31, 2015 0.07
Dec 31, 2014 -5.27
Sep 30, 2014 0.10
Dec 31, 2013 46.55
Dec 31, 2012 0.90
Dec 31, 2011 -6.17