NORTHERN TRUST CORP (NTRS) Fundamental Analysis & Valuation

NASDAQ:NTRS • US6658591044

Current stock price

152.865 USD
+0.64 (+0.42%)
Last:

This NTRS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. NTRS Profitability Analysis

1.1 Basic Checks

  • In the past year NTRS was profitable.
  • In the past year NTRS had a positive cash flow from operations.
  • NTRS had positive earnings in each of the past 5 years.
  • Of the past 5 years NTRS 4 years had a positive operating cash flow.
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 2B 4B

1.2 Ratios

  • NTRS has a Return On Assets of 0.95%. This is in the lower half of the industry: NTRS underperforms 62.50% of its industry peers.
  • The Return On Equity of NTRS (12.96%) is better than 69.17% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 1.00%, NTRS is doing worse than 67.92% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for NTRS is significantly below the industry average of 7.19%.
Industry RankSector Rank
ROA 0.95%
ROE 12.96%
ROIC 1%
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

  • Looking at the Profit Margin, with a value of 12.34%, NTRS is in line with its industry, outperforming 45.42% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NTRS has declined.
  • NTRS has a Operating Margin of 17.19%. This is in the lower half of the industry: NTRS underperforms 61.67% of its industry peers.
  • NTRS's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 59.43%, NTRS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NTRS has declined.
Industry RankSector Rank
OM 17.19%
PM (TTM) 12.34%
GM 59.43%
OM growth 3Y-10.54%
OM growth 5Y-8.12%
PM growth 3Y-10.35%
PM growth 5Y-7.81%
GM growth 3Y-13.01%
GM growth 5Y-9.72%
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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1

2. NTRS Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, NTRS has less shares outstanding
  • NTRS has less shares outstanding than it did 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

  • Based on the Altman-Z score of -0.64, we must say that NTRS is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of NTRS (-0.64) is worse than 82.92% of its industry peers.
  • NTRS has a debt to FCF ratio of 33.46. This is a negative value and a sign of low solvency as NTRS would need 33.46 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 33.46, NTRS is in line with its industry, outperforming 50.42% of the companies in the same industry.
  • A Debt/Equity ratio of 12.29 is on the high side and indicates that NTRS has dependencies on debt financing.
  • NTRS's Debt to Equity ratio of 12.29 is on the low side compared to the rest of the industry. NTRS is outperformed by 90.83% of its industry peers.
Industry RankSector Rank
Debt/Equity 12.29
Debt/FCF 33.46
Altman-Z -0.64
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

  • NTRS has a Current Ratio of 0.04. This is a bad value and indicates that NTRS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • NTRS has a worse Current ratio (0.04) than 94.17% of its industry peers.
  • NTRS has a Quick Ratio of 0.04. This is a bad value and indicates that NTRS is not financially healthy enough and could expect problems in meeting 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 94.17% 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

5

3. NTRS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 17.01% over the past year.
  • NTRS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.54% yearly.
  • NTRS shows a decrease in Revenue. In the last year, the revenue decreased by -9.98%.
  • Measured over the past years, NTRS shows a quite strong growth in Revenue. The Revenue has been growing by 17.19% on average per year.
EPS 1Y (TTM)17.01%
EPS 3Y13.64%
EPS 5Y8.54%
EPS Q2Q%19.03%
Revenue 1Y (TTM)-9.98%
Revenue growth 3Y22.03%
Revenue growth 5Y17.19%
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.
  • Based on estimates for the next years, NTRS will show a small growth in Revenue. The Revenue will grow by 4.83% on average per year.
EPS Next Y15.03%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
EPS Next 5Y11.6%
Revenue Next Year7.88%
Revenue Next 2Y5.63%
Revenue Next 3Y5.45%
Revenue Next 5Y4.83%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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 2030 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 2030 5 10 15

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6

4. NTRS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.97 indicates a correct valuation of NTRS.
  • Compared to the rest of the industry, the Price/Earnings ratio of NTRS is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 26.86, NTRS is valued a bit cheaper.
  • A Price/Forward Earnings ratio of 14.75 indicates a correct valuation of NTRS.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NTRS is on the same level as its industry peers.
  • When comparing the Price/Forward Earnings ratio of NTRS to the average of the S&P500 Index (37.39), we can say NTRS is valued rather cheaply.
Industry RankSector Rank
PE 16.97
Fwd PE 14.75
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

  • 88.33% of the companies in the same industry are more expensive than NTRS, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, NTRS is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 5.95
EV/EBITDA 9.55
NTRS Per share dataNTRS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • NTRS's earnings are expected to grow with 12.13% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.13
PEG (5Y)1.99
EPS Next 2Y12.55%
EPS Next 3Y12.13%

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

6

5. NTRS Dividend Analysis

5.1 Amount

  • NTRS has a Yearly Dividend Yield of 2.10%.
  • Compared to an average industry Dividend Yield of 6.65, NTRS has a dividend in line with its industry peers.
  • NTRS's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.1%

5.2 History

  • The dividend of NTRS has a limited annual growth rate of 1.90%.
  • 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)1.9%
Div Incr Years1
Div Non Decr Years26
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 37.72% of its income as dividend. This is a sustainable payout ratio.
  • NTRS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP37.72%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
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 2B 3B 4B
NTRS Dividend Payout.NTRS Dividend Payout, showing the Payout Ratio.NTRS Dividend Payout.PayoutRetained Earnings

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NTRS Fundamentals: All Metrics, Ratios and Statistics

NORTHERN TRUST CORP

NASDAQ:NTRS (4/13/2026, 12:36:53 PM)

152.865

+0.64 (+0.42%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-22
Earnings (Next)04-21
Inst Owners85.65%
Inst Owner Change0.02%
Ins Owners0.77%
Ins Owner Change7.84%
Market Cap28.33B
Revenue(TTM)13.61B
Net Income(TTM)1.68B
Analysts56.36
Price Target160.91 (5.26%)
Short Float %1.13%
Short Ratio1.79
Dividend
Industry RankSector Rank
Dividend Yield 2.1%
Yearly Dividend3.31
Dividend Growth(5Y)1.9%
DP37.72%
Div Incr Years1
Div Non Decr Years26
Ex-Date03-06
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.71%
Min EPS beat(2)-0.03%
Max EPS beat(2)11.46%
EPS beat(4)3
Avg EPS beat(4)3.52%
Min EPS beat(4)-0.03%
Max EPS beat(4)11.46%
EPS beat(8)6
Avg EPS beat(8)5.13%
EPS beat(12)7
Avg EPS beat(12)4.09%
EPS beat(16)8
Avg EPS beat(16)-0.99%
Revenue beat(2)1
Avg Revenue beat(2)-0.02%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)1.75%
Revenue beat(4)2
Avg Revenue beat(4)-0.2%
Min Revenue beat(4)-2.11%
Max Revenue beat(4)1.75%
Revenue beat(8)3
Avg Revenue beat(8)-1.5%
Revenue beat(12)3
Avg Revenue beat(12)-2.41%
Revenue beat(16)6
Avg Revenue beat(16)-0.51%
PT rev (1m)-1.2%
PT rev (3m)17.14%
EPS NQ rev (1m)0.92%
EPS NQ rev (3m)8.73%
EPS NY rev (1m)0.8%
EPS NY rev (3m)8.52%
Revenue NQ rev (1m)4.53%
Revenue NQ rev (3m)7.13%
Revenue NY rev (1m)1.01%
Revenue NY rev (3m)3.49%
Valuation
Industry RankSector Rank
PE 16.97
Fwd PE 14.75
P/S 2.08
P/FCF 5.95
P/OCF 5.12
P/B 2.19
P/tB 2.88
EV/EBITDA 9.55
EPS(TTM)9.01
EY5.89%
EPS(NY)10.36
Fwd EY6.78%
FCF(TTM)25.68
FCFY16.8%
OCF(TTM)29.86
OCFY19.53%
SpS73.43
BVpS69.92
TBVpS53.06
PEG (NY)1.13
PEG (5Y)1.99
Graham Number119.06
Profitability
Industry RankSector Rank
ROA 0.95%
ROE 12.96%
ROCE 9.7%
ROIC 1%
ROICexc 1.03%
ROICexgc 1.11%
OM 17.19%
PM (TTM) 12.34%
GM 59.43%
FCFM 34.98%
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)1.2%
ROICexgc(5y)1.12%
ROCE(3y)10.44%
ROCE(5y)10.16%
ROICexgc growth 3Y1.7%
ROICexgc growth 5Y6.58%
ROICexc growth 3Y2.17%
ROICexc growth 5Y6.34%
OM growth 3Y-10.54%
OM growth 5Y-8.12%
PM growth 3Y-10.35%
PM growth 5Y-7.81%
GM growth 3Y-13.01%
GM growth 5Y-9.72%
F-Score7
Asset Turnover0.08
Health
Industry RankSector Rank
Debt/Equity 12.29
Debt/FCF 33.46
Debt/EBITDA 51.06
Cap/Depr 99.37%
Cap/Sales 5.69%
Interest Coverage 0.38
Cash Conversion 177.44%
Profit Quality 283.43%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z -0.64
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)103.29%
Cap/Depr(5y)108.09%
Cap/Sales(3y)5.54%
Cap/Sales(5y)6.87%
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 Y15.03%
EPS Next 2Y12.55%
EPS Next 3Y12.13%
EPS Next 5Y11.6%
Revenue 1Y (TTM)-9.98%
Revenue growth 3Y22.03%
Revenue growth 5Y17.19%
Sales Q2Q%8.99%
Revenue Next Year7.88%
Revenue Next 2Y5.63%
Revenue Next 3Y5.45%
Revenue Next 5Y4.83%
EBIT growth 1Y-17.53%
EBIT growth 3Y9.17%
EBIT growth 5Y7.67%
EBIT Next Year14.68%
EBIT Next 3Y8.33%
EBIT Next 5YN/A
FCF growth 1Y486.46%
FCF growth 3Y41.81%
FCF growth 5Y28.92%
OCF growth 1Y1238.58%
OCF growth 3Y32.25%
OCF growth 5Y23.88%

NORTHERN TRUST CORP / NTRS Fundamental Analysis 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 6 / 10 to NORTHERN TRUST CORP (NTRS). This can be considered as Fairly Valued.


Can you provide the profitability details for NORTHERN TRUST CORP?

NORTHERN TRUST CORP (NTRS) has a profitability rating of 3 / 10.


What is the earnings growth outlook for NORTHERN TRUST CORP?

The Earnings per Share (EPS) of NORTHERN TRUST CORP (NTRS) is expected to grow by 15.03% in the next year.


Can you provide the dividend sustainability for NTRS stock?

The dividend rating of NORTHERN TRUST CORP (NTRS) is 6 / 10 and the dividend payout ratio is 37.72%.