Stock · NTRS · Financial Services

Northern Trust Corporation

United States · Large Cap · listed since 1990 · Revenue 12 mo. $15.3B

Price as of 11/06/2026

StockScorer score
8.2
of 10 9 of 11 points Not rated To the score
Price
$172.76
1 Y +25.0%
Market cap
$31B
Phase
Growth
revenue growing, core business profitable
Revenue +22.6% a year (3 years)EBIT margin 16.3%Payout 33.7% of operating cash flow

Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals.

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Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytics services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage, transition management, banking, and cash management services. It serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic services; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage; and private and business banking services. This segment also provides global custody, fiduciary services, family office consulting, and technology solutions to high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. In addition, it offers asset management and related services comprising active and passive equity; active and passive fixed income; cash management; multi-asset and alternative asset classes that include private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange-traded funds, non-U.S. collective investment funds, and unregistered private investment funds. Further, the company provides overlay and other risk management services. The company was founded in 1889 and is headquartered in Chicago, Illinois.

Original text from the data provider

Summary

Northern Trust Corporation is around the middle of the Financial Services sector overall

55.5 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The market value is below the value without growth: the price requires no FCF growth.

Required FCF growth per year

no growth

no growth afterwards

1 sign supports the expectation, 1 speaks against it.

What supports it

with respect to the priced-in expectation

  • Low capital needs capex median 3.5% of revenue (10 years)

What speaks against it

with respect to the priced-in expectation

  • Revenue declined revenue −9.9% year on year

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 2 of 3 changes for the better.

  • Gross margin59.8% → 60.9%+1.2 ppbetter
  • EBIT margin19.8% → 20.8%+1.0 ppbetter
  • Net debt−$36.0B → −$29.7B+17.4%worse

3 more unchanged: Revenue, 12 mo., Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability57.9around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity13.40%12.46%Rank 55
Return on capital (Greenblatt)501.83%59.04%Rank 91
EBIT margin16.30%23.06%Rank 29
FCF margin38.18%19.82%Rank 76
Gross margin56.54%65.53%Rank 38
Growth28.4below the middleGrows more slowly than the sector: Revenue growth, 1 year −9.93%, sector 7.39%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−9.93%7.39%Rank 11
Earnings growth, 3 years per year12.92%15.20%Rank 43
Earnings growth, 5 years per year9.74%15.17%Rank 33
Sustainable growth (ROE × retained earnings)0.52%1.25%Rank 28
Valuation69.7above the middleValued lower than the sector: EV/sales −1.14, sector 2.82.
MetricStockSector medianPosition in sector
Earnings yield5.33%6.47%Rank 34
FCF yield17.60%7.16%Rank 82
EV/saleslower is better−1.142.82Rank 94
EV/EBITlower is betterdoes not count towards the rank−7.0114.24
Momentum53.8around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year25.05%7.80%Rank 76
Share price, 6 months8.18%8.71%Rank 47
Share price, 3 months−1.74%0.45%Rank 38
Distance from 52-week high−9.77%−10.68%Rank 55
Quality63.8above the middleQuality above the sector: Dividend streak in years 26, sector 5.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better9.84%1.23%Rank 9
Change in share countlower is better−6.58%−0.60%Rank 94
Dividend streak in years265Rank 97
Price reaction to results, market-adjusted0.36%0.00%Rank 56
Balance sheet & risk59.3around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio7.32%9.21%Rank 40
Net debt/EBITDAlower is better−15.220.12Rank 93
Debt to equitylower is better1.270.90Rank 43
Volatility, 1 yearlower is better24.33%25.95%Rank 62

Ten years in figures

Revenue from $5.0B (2016) to $14.3B (2025), 12.3% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
20165.030.2%1.0229M3.6
20175.728.6%1.2230M7.9
20186.729.4%1.3224M9.3
20196.928.2%2.4216M7.3
20206.325.8%1.8209M4.2
20216.531.0%1.3209M4.2
20227.822.8%2.3209M−31.8
202312.112.1%1.9208M−23.8
202415.916.8%−1.2202M−29.4
202514.316.3%5.5189M−44.7
8.2 / 10Not ratedStockScorer score9 of 11 points

6 of 7 StockScorer Score rules met · How the score is built

Northern Trust Corporation mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Northern Trust Corporation's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Northern Trust Corporation. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

6 of 7 rules met

9 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does Northern Trust Corporation stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Growth Momentum (CAN SLIM principle)
  • Mohanram G-Score: Growth Quality
  • Defensive: Low Volatility
  • Moat Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Altman Z-Score: Stress Test
  • Undervalued Stocks: Multi-Factor Check
  • Levermann Strategy (13 Criteria)
  • Dividend Aristocrats & Continuity
  • Earnings Quality: Accrual Check (Sloan)
  • Balanced GARP
  • High-Growth / Rule of 40

Northern Trust Corporation key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Northern Trust Corporation.

MetricStockSector
P/E ratio18.815.2
P/B ratio2.51.8
Return on equity (ROE)13.4%12.5%
Equity ratio7.3%9.2%
Debt-to-equity (D/E)1.270.90
Dividend yield1.9%3.3%

Similar stocks in Financial Services

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
NTRSNorthern Trust Corporationthis page
RJFRaymond James Financial Inc.Low5.5
PFGPrincipal Financial Group IncLow4.5
TROWT. Rowe Price Group IncLow2.7
PSPershing Square Inc.locked
AMPAmeriprise Financial Inclocked

Frequently asked questions about Northern Trust Corporation stock

How does Northern Trust Corporation stock (NTRS) score in the StockScorer model?
Northern Trust Corporation stock reaches a StockScorer score of 8.2 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is Northern Trust Corporation's P/E ratio?
Northern Trust Corporation's P/E ratio is 18.8. The Financial Services sector median is 15.2.
What sector is Northern Trust Corporation in?
Northern Trust Corporation is assigned to the Financial Services sector. Its rank within the sector is 55.5 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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