NORTHERN TRUST CORP (NTRS) Stock Fundamental Analysis
NASDAQ:NTRS • US6658591044
146.38 USD
+2.17 (+1.5%)
At close: Feb 13, 2026
146.38 USD
0 (0%)
After Hours: 2/13/2026, 8:00:01 PM
NTRS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. While NTRS is still in line with the averages on profitability rating, there are concerns on its financial health. NTRS is not valued too expensively and it also shows a decent growth rate. Finally NTRS also has an excellent dividend rating.
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.
- The reported operating cash flow has been mixed in the past 5 years: NTRS reported negative operating cash flow in multiple years.
1.2 Ratios
- The Return On Assets of NTRS (0.98%) is worse than 69.33% of its industry peers.
- NTRS has a Return On Equity of 12.88%. This is in the better half of the industry: NTRS outperforms 71.01% of its industry peers.
- NTRS's Return On Invested Capital of 1.02% is on the low side compared to the rest of the industry. NTRS is outperformed by 66.39% of its industry peers.
- NTRS had an Average Return On Invested Capital over the past 3 years of 1.07%. This is significantly below the industry average of 7.30%.
| Industry Rank | Sector 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%
1.3 Margins
- With a Profit Margin value of 12.22%, NTRS is not doing good in the industry: 60.08% of the companies in the same industry are doing better.
- NTRS's Profit Margin has improved in the last couple of years.
- NTRS has a Operating Margin (16.83%) which is in line with its industry peers.
- In the last couple of years the Operating Margin of NTRS has grown nicely.
- NTRS has a better Gross Margin (57.99%) than 65.55% of its industry peers.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
- Compared to 1 year ago, NTRS has less shares outstanding
- 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.
2.2 Solvency
- Based on the Altman-Z score of -0.62, we must say that NTRS is in the distress zone and has some risk of bankruptcy.
- NTRS's Altman-Z score of -0.62 is on the low side compared to the rest of the industry. NTRS is outperformed by 83.61% of its industry peers.
- NTRS has a debt to FCF ratio of 88.33. This is a negative value and a sign of low solvency as NTRS would need 88.33 years to pay back of all of its debts.
- NTRS has a Debt to FCF ratio (88.33) which 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 11.69 | ||
| Debt/FCF | 88.33 | ||
| Altman-Z | -0.62 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.04 indicates that NTRS may have some problems paying its short term obligations.
- NTRS has a worse Current ratio (0.04) than 93.70% of its industry peers.
- A Quick Ratio of 0.04 indicates that NTRS may have some problems paying its short term obligations.
- NTRS's Quick ratio of 0.04 is on the low side compared to the rest of the industry. NTRS is outperformed by 93.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.04 | ||
| Quick Ratio | 0.04 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 17.01% over the past year.
- Measured over the past years, NTRS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.54% on average per year.
- Looking at the last year, NTRS shows a very negative growth in Revenue. The Revenue has decreased by -18.69% in the last year.
- Measured over the past years, NTRS shows a small growth in Revenue. The Revenue has been growing by 5.60% on average per year.
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
- Based on estimates for the next years, NTRS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.60% on average per year.
- NTRS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.83% yearly.
EPS Next Y13.59%
EPS Next 2Y11.7%
EPS Next 3Y12%
EPS Next 5Y11.6%
Revenue Next Year6.66%
Revenue Next 2Y5.46%
Revenue Next 3Y5.47%
Revenue Next 5Y4.83%
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 accelerating.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- NTRS is valuated correctly with a Price/Earnings ratio of 16.25.
- The rest of the industry has a similar Price/Earnings ratio as NTRS.
- When comparing the Price/Earnings ratio of NTRS to the average of the S&P500 Index (26.68), we can say NTRS is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 14.30, the valuation of NTRS can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NTRS is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.06, NTRS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.25 | ||
| Fwd PE | 14.3 |
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.
- 68.49% of the companies in the same industry are more expensive than NTRS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.91 | ||
| EV/EBITDA | 9.97 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- A more expensive valuation may be justified as NTRS's earnings are expected to grow with 12.00% in the coming years.
PEG (NY)1.2
PEG (5Y)1.9
EPS Next 2Y11.7%
EPS Next 3Y12%
5. Dividend
5.1 Amount
- NTRS has a Yearly Dividend Yield of 2.22%.
- Compared to an average industry Dividend Yield of 6.25, NTRS has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.84, NTRS pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
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
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 2Y11.7%
EPS Next 3Y12%
146.38
+2.17 (+1.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-22 2026-01-22/bmo
Earnings (Next)04-21 2026-04-21/bmo
Inst Owners87.54%
Inst Owner Change-1.06%
Ins Owners0.84%
Ins Owner Change4.7%
Market Cap27.28B
Revenue(TTM)12.29B
Net Income(TTM)1.67B
Analysts56.36
Price Target158.7 (8.42%)
Short Float %0.84%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.22% |
Yearly Dividend3.21
Dividend Growth(5Y)3.64%
DP37.83%
Div Incr Years0
Div Non Decr Years25
Ex-Date03-06 2026-03-06 (0.8)
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)15.53%
PT rev (3m)15.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.12%
EPS NY rev (1m)7.15%
EPS NY rev (3m)7.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)1.98%
Revenue NY rev (3m)2.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.25 | ||
| Fwd PE | 14.3 | ||
| P/S | 2 | ||
| P/FCF | 15.91 | ||
| P/OCF | 10.87 | ||
| P/B | 2.11 | ||
| P/tB | 2.77 | ||
| EV/EBITDA | 9.97 |
EPS(TTM)9.01
EY6.16%
EPS(NY)10.23
Fwd EY6.99%
FCF(TTM)9.2
FCFY6.29%
OCF(TTM)13.47
OCFY9.2%
SpS73.32
BVpS69.53
TBVpS52.77
PEG (NY)1.2
PEG (5Y)1.9
Graham Number118.72
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | -0.62 |
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 Y13.59%
EPS Next 2Y11.7%
EPS Next 3Y12%
EPS Next 5Y11.6%
Revenue 1Y (TTM)-18.69%
Revenue growth 3Y2.59%
Revenue growth 5Y5.6%
Sales Q2Q%8.99%
Revenue Next Year6.66%
Revenue Next 2Y5.46%
Revenue Next 3Y5.47%
Revenue Next 5Y4.83%
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 4 / 10 to NTRS.
What is the valuation status for NTRS stock?
ChartMill assigns a valuation rating of 5 / 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 16.25 and the Price/Book (PB) ratio is 2.11.
How financially healthy is NORTHERN TRUST CORP?
The financial health rating of NORTHERN TRUST CORP (NTRS) is 1 / 10.