NORTHERN TRUST CORP (NTRS) Fundamental Analysis & Valuation

NASDAQ:NTRS • US6658591044

Current stock price

151.74 USD
+6.11 (+4.2%)
At close:
151.74 USD
0 (0%)
After Hours:

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.
  • Each year in the past 5 years NTRS has been profitable.
  • 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 62.76% of its industry peers.
  • NTRS's Return On Equity of 12.96% is fine compared to the rest of the industry. NTRS outperforms 69.04% of its industry peers.
  • NTRS has a Return On Invested Capital of 1.00%. This is in the lower half of the industry: NTRS underperforms 67.78% 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 7.24%.
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

  • NTRS has a Profit Margin (12.34%) which is comparable to the rest of the industry.
  • NTRS's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 17.19%, NTRS is not doing good in the industry: 61.51% of the companies in the same industry are doing better.
  • In the last couple of years the Operating Margin of NTRS has declined.
  • NTRS's Gross Margin of 59.43% is fine compared to the rest of the industry. NTRS outperforms 66.53% of its industry peers.
  • NTRS's Gross Margin has declined in the last couple of years.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. NTRS Health Analysis

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 -0.65. 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 -0.65, NTRS is doing worse than 83.26% of the companies in the same industry.
  • The Debt to FCF ratio of NTRS is 33.46, which is on the high side as it means it would take NTRS, 33.46 years of fcf income to pay off 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 50.63% of the companies in the same industry.
  • NTRS has a Debt/Equity ratio of 12.29. This is a high value indicating a heavy dependency on external financing.
  • NTRS has a worse Debt to Equity ratio (12.29) than 91.21% of its industry peers.
Industry RankSector Rank
Debt/Equity 12.29
Debt/FCF 33.46
Altman-Z -0.65
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 Current ratio of 0.04. This is amonst the worse of the industry: NTRS underperforms 94.56% 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 94.56% 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

More info and screens

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

5

3. NTRS Growth Analysis

3.1 Past

  • NTRS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.01%, which is quite good.
  • 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.
  • NTRS shows a decrease in Revenue. In the last year, the revenue decreased by -9.98%.
  • NTRS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.19% yearly.
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

  • NTRS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.60% yearly.
  • 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 Y14.12%
EPS Next 2Y11.96%
EPS Next 3Y11.93%
EPS Next 5Y11.6%
Revenue Next Year7.88%
Revenue Next 2Y5.63%
Revenue Next 3Y5.45%
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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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

More info and screens

Find the best growth stocksShow best growing peers

5

4. NTRS Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.84 indicates a correct valuation of NTRS.
  • NTRS's Price/Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.91. NTRS is valued slightly cheaper when compared to this.
  • A Price/Forward Earnings ratio of 14.76 indicates a correct valuation of NTRS.
  • The rest of the industry has a similar Price/Forward Earnings ratio as NTRS.
  • NTRS is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.84
Fwd PE 14.76
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

  • 88.28% of the companies in the same industry are more expensive than NTRS, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NTRS indicates a rather cheap valuation: NTRS is cheaper than 84.10% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.91
EV/EBITDA 9.16
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.
PEG (NY)1.19
PEG (5Y)1.97
EPS Next 2Y11.96%
EPS Next 3Y11.93%

More info and screens

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

7

5. NTRS Dividend Analysis

5.1 Amount

  • NTRS has a Yearly Dividend Yield of 2.37%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 6.89, NTRS has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.89, NTRS pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.37%

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 their dividend for at least 10 years, which is a reliable track record.
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 2Y11.96%
EPS Next 3Y11.93%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

NTRS Fundamentals: All Metrics, Ratios and Statistics

NORTHERN TRUST CORP

NASDAQ:NTRS (4/8/2026, 5:56:54 PM)

After market: 151.74 0 (0%)

151.74

+6.11 (+4.2%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)01-22
Earnings (Next)04-21
Inst Owners85.74%
Inst Owner Change0%
Ins Owners0.96%
Ins Owner Change7.84%
Market Cap28.12B
Revenue(TTM)13.61B
Net Income(TTM)1.68B
Analysts56.36
Price Target162.86 (7.33%)
Short Float %1.13%
Short Ratio1.79
Dividend
Industry RankSector Rank
Dividend Yield 2.37%
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)0%
PT rev (3m)18.56%
EPS NQ rev (1m)1.18%
EPS NQ rev (3m)9.02%
EPS NY rev (1m)0%
EPS NY rev (3m)7.66%
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 16.84
Fwd PE 14.76
P/S 2.07
P/FCF 5.91
P/OCF 5.08
P/B 2.17
P/tB 2.86
EV/EBITDA 9.16
EPS(TTM)9.01
EY5.94%
EPS(NY)10.28
Fwd EY6.78%
FCF(TTM)25.68
FCFY16.92%
OCF(TTM)29.86
OCFY19.68%
SpS73.43
BVpS69.92
TBVpS53.06
PEG (NY)1.19
PEG (5Y)1.97
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 -0.65
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 Y14.12%
EPS Next 2Y11.96%
EPS Next 3Y11.93%
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 Year14.94%
EBIT Next 3Y9.29%
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 3 / 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.


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 14.12% in the next year.


Can you provide the dividend sustainability for NTRS stock?

The dividend rating of NORTHERN TRUST CORP (NTRS) is 7 / 10 and the dividend payout ratio is 37.72%.