NORTHERN TRUST CORP (NTRS) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:NTRS • US6658591044

152.15 USD
+4.67 (+3.17%)
At close: Feb 6, 2026
152.15 USD
0 (0%)
After Hours: 2/6/2026, 8:00:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

NTRS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. NTRS has a medium profitability rating, but doesn't score so well on its financial health evaluation. NTRS has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • NTRS had positive earnings in the past year.
  • In the past year NTRS had a positive cash flow from operations.
  • In the past 5 years NTRS has always been profitable.
  • In multiple years NTRS reported negative operating cash flow during the last 5 years.
NTRS Yearly Net Income VS EBIT VS OCF VS FCFNTRS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • NTRS has a Return On Assets of 0.98%. This is in the lower half of the industry: NTRS underperforms 68.91% of its industry peers.
  • The Return On Equity of NTRS (12.88%) is better than 71.85% of its industry peers.
  • NTRS has a worse Return On Invested Capital (1.02%) than 66.39% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for NTRS is significantly below the industry average of 7.28%.
Industry RankSector Rank
ROA 0.98%
ROE 12.88%
ROIC 1.02%
ROA(3y)0.97%
ROA(5y)0.91%
ROE(3y)12.41%
ROE(5y)12.21%
ROIC(3y)1.07%
ROIC(5y)1%
NTRS Yearly ROA, ROE, ROICNTRS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • NTRS's Profit Margin of 12.22% is in line compared to the rest of the industry. NTRS outperforms 40.76% of its industry peers.
  • NTRS's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 16.83%, NTRS is in line with its industry, outperforming 40.76% of the companies in the same industry.
  • NTRS's Operating Margin has improved in the last couple of years.
  • NTRS has a better Gross Margin (57.99%) than 65.97% of its industry peers.
Industry RankSector Rank
OM 16.83%
PM (TTM) 12.22%
GM 57.99%
OM growth 3Y6.17%
OM growth 5Y1.82%
PM growth 3Y6.64%
PM growth 5Y2.3%
GM growth 3YN/A
GM growth 5YN/A
NTRS Yearly Profit, Operating, Gross MarginsNTRS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • NTRS has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for NTRS has been reduced compared to 5 years ago.
  • NTRS has a worse debt/assets ratio than last year.
NTRS Yearly Shares OutstandingNTRS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
NTRS Yearly Total Debt VS Total AssetsNTRS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.2 Solvency

  • NTRS has an Altman-Z score of -0.61. This is a bad value and indicates that NTRS is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -0.61, NTRS is doing worse than 83.61% of the companies in the same industry.
  • The Debt to FCF ratio of NTRS is 88.33, which is on the high side as it means it would take NTRS, 88.33 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of NTRS (88.33) is comparable to the rest of the industry.
  • A Debt/Equity ratio of 11.69 is on the high side and indicates that NTRS has dependencies on debt financing.
  • The Debt to Equity ratio of NTRS (11.69) is worse than 89.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 11.69
Debt/FCF 88.33
Altman-Z -0.61
ROIC/WACCN/A
WACCN/A
NTRS Yearly LT Debt VS Equity VS FCFNTRS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B

2.3 Liquidity

  • A Current Ratio of 0.04 indicates that NTRS may have some problems paying its short term obligations.
  • The Current ratio of NTRS (0.04) is worse than 94.12% of its industry peers.
  • A Quick Ratio of 0.04 indicates that NTRS may have some problems paying its short term obligations.
  • NTRS has a worse Quick ratio (0.04) than 94.12% of its industry peers.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
NTRS Yearly Current Assets VS Current LiabilitesNTRS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 17.01% over the past year.
  • The Earnings Per Share has been growing by 8.54% on average over the past years. This is quite good.
  • NTRS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.69%.
  • The Revenue has been growing slightly by 5.60% on average over the past years.
EPS 1Y (TTM)17.01%
EPS 3Y13.64%
EPS 5Y8.54%
EPS Q2Q%19.03%
Revenue 1Y (TTM)-18.69%
Revenue growth 3Y2.59%
Revenue growth 5Y5.6%
Sales Q2Q%8.99%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.44% on average over the next years.
  • NTRS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.14% yearly.
EPS Next Y7.87%
EPS Next 2Y8.16%
EPS Next 3Y5.22%
EPS Next 5Y5.44%
Revenue Next Year5.77%
Revenue Next 2Y4.99%
Revenue Next 3Y5.7%
Revenue Next 5Y3.14%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NTRS Yearly Revenue VS EstimatesNTRS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B
NTRS Yearly EPS VS EstimatesNTRS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • NTRS is valuated correctly with a Price/Earnings ratio of 16.89.
  • The rest of the industry has a similar Price/Earnings ratio as NTRS.
  • The average S&P500 Price/Earnings ratio is at 27.92. NTRS is valued slightly cheaper when compared to this.
  • NTRS is valuated correctly with a Price/Forward Earnings ratio of 15.65.
  • NTRS's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of NTRS to the average of the S&P500 Index (27.78), we can say NTRS is valued slightly cheaper.
Industry RankSector Rank
PE 16.89
Fwd PE 15.65
NTRS Price Earnings VS Forward Price EarningsNTRS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NTRS indicates a rather cheap valuation: NTRS is cheaper than 86.97% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, NTRS is valued a bit cheaper than 68.07% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.78
EV/EBITDA 10.17
NTRS Per share dataNTRS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.14
PEG (5Y)1.98
EPS Next 2Y8.16%
EPS Next 3Y5.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • NTRS has a Yearly Dividend Yield of 2.12%.
  • NTRS's Dividend Yield is comparable with the industry average which is at 6.07.
  • NTRS's Dividend Yield is comparable with the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 2.12%

5.2 History

  • The dividend of NTRS has a limited annual growth rate of 3.64%.
  • NTRS has paid a dividend for at least 10 years, which is a reliable track record.
  • NTRS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.64%
Div Incr Years0
Div Non Decr Years25
NTRS Yearly Dividends per shareNTRS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • NTRS pays out 37.83% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of NTRS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP37.83%
EPS Next 2Y8.16%
EPS Next 3Y5.22%
NTRS Yearly Income VS Free CF VS DividendNTRS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B
NTRS Dividend Payout.NTRS Dividend Payout, showing the Payout Ratio.NTRS Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NORTHERN TRUST CORP

NASDAQ:NTRS (2/6/2026, 8:00:01 PM)

After market: 152.15 0 (0%)

152.15

+4.67 (+3.17%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-22
Earnings (Next)04-21
Inst Owners87.54%
Inst Owner Change-1.11%
Ins Owners0.84%
Ins Owner Change-0.33%
Market Cap28.77B
Revenue(TTM)12.29B
Net Income(TTM)1.67B
Analysts56.36
Price Target145.5 (-4.37%)
Short Float %0.84%
Short Ratio1.56
Dividend
Industry RankSector Rank
Dividend Yield 2.12%
Yearly Dividend3.21
Dividend Growth(5Y)3.64%
DP37.83%
Div Incr Years0
Div Non Decr Years25
Ex-Date03-06
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.93%
Min EPS beat(2)-0.03%
Max EPS beat(2)1.89%
EPS beat(4)3
Avg EPS beat(4)3.11%
Min EPS beat(4)-0.03%
Max EPS beat(4)9.83%
EPS beat(8)6
Avg EPS beat(8)5.97%
EPS beat(12)6
Avg EPS beat(12)-1.98%
EPS beat(16)8
Avg EPS beat(16)-1.49%
Revenue beat(2)1
Avg Revenue beat(2)-0.21%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)1.37%
Revenue beat(4)1
Avg Revenue beat(4)-0.77%
Min Revenue beat(4)-2.11%
Max Revenue beat(4)1.37%
Revenue beat(8)2
Avg Revenue beat(8)-2.93%
Revenue beat(12)3
Avg Revenue beat(12)-1.49%
Revenue beat(16)5
Avg Revenue beat(16)-0.75%
PT rev (1m)5.92%
PT rev (3m)5.61%
EPS NQ rev (1m)1.03%
EPS NQ rev (3m)1.46%
EPS NY rev (1m)1.76%
EPS NY rev (3m)3.05%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)1.46%
Revenue NY rev (3m)2.18%
Valuation
Industry RankSector Rank
PE 16.89
Fwd PE 15.65
P/S 2.11
P/FCF 16.78
P/OCF 11.46
P/B 2.22
P/tB 2.93
EV/EBITDA 10.17
EPS(TTM)9.01
EY5.92%
EPS(NY)9.72
Fwd EY6.39%
FCF(TTM)9.07
FCFY5.96%
OCF(TTM)13.27
OCFY8.72%
SpS72.24
BVpS68.51
TBVpS51.99
PEG (NY)2.14
PEG (5Y)1.98
Graham Number117.85
Profitability
Industry RankSector Rank
ROA 0.98%
ROE 12.88%
ROCE 8.93%
ROIC 1.02%
ROICexc 1.04%
ROICexgc 1.12%
OM 16.83%
PM (TTM) 12.22%
GM 57.99%
FCFM 12.55%
ROA(3y)0.97%
ROA(5y)0.91%
ROE(3y)12.41%
ROE(5y)12.21%
ROIC(3y)1.07%
ROIC(5y)1%
ROICexc(3y)1.1%
ROICexc(5y)1.03%
ROICexgc(3y)1.19%
ROICexgc(5y)1.11%
ROCE(3y)10.34%
ROCE(5y)10.1%
ROICexgc growth 3Y0.79%
ROICexgc growth 5Y6.01%
ROICexc growth 3Y1.82%
ROICexc growth 5Y6.12%
OM growth 3Y6.17%
OM growth 5Y1.82%
PM growth 3Y6.64%
PM growth 5Y2.3%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 11.69
Debt/FCF 88.33
Debt/EBITDA 49.41
Cap/Depr 104.01%
Cap/Sales 5.83%
Interest Coverage 0.36
Cash Conversion 81.9%
Profit Quality 102.71%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z -0.61
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.01%
EPS 3Y13.64%
EPS 5Y8.54%
EPS Q2Q%19.03%
EPS Next Y7.87%
EPS Next 2Y8.16%
EPS Next 3Y5.22%
EPS Next 5Y5.44%
Revenue 1Y (TTM)-18.69%
Revenue growth 3Y2.59%
Revenue growth 5Y5.6%
Sales Q2Q%8.99%
Revenue Next Year5.77%
Revenue Next 2Y4.99%
Revenue Next 3Y5.7%
Revenue Next 5Y3.14%
EBIT growth 1Y-7%
EBIT growth 3Y8.92%
EBIT growth 5Y7.53%
EBIT Next Year6.2%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-59.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-49.31%
OCF growth 3YN/A
OCF growth 5YN/A

NORTHERN TRUST CORP / NTRS FAQ

What is the ChartMill fundamental rating of NORTHERN TRUST CORP (NTRS) stock?

ChartMill assigns a fundamental rating of 3 / 10 to NTRS.


What is the valuation status for NTRS stock?

ChartMill assigns a valuation rating of 4 / 10 to NORTHERN TRUST CORP (NTRS). This can be considered as Fairly Valued.


What is the profitability of NTRS stock?

NORTHERN TRUST CORP (NTRS) has a profitability rating of 4 / 10.


What are the PE and PB ratios of NORTHERN TRUST CORP (NTRS) stock?

The Price/Earnings (PE) ratio for NORTHERN TRUST CORP (NTRS) is 16.89 and the Price/Book (PB) ratio is 2.22.


How financially healthy is NORTHERN TRUST CORP?

The financial health rating of NORTHERN TRUST CORP (NTRS) is 1 / 10.