Northern Trust revenue and financials
$169.46Change from previous close: −0.71%Absolute change: −$1.21
In the fiscal year ended December 2025, Northern Trust reported revenue of $8.09B (−2.46% year over year). Net income was $1.74B, a net margin of 21.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −2.46%
- 2025 vs 2024
- Net income growth
- −14.48%
- 2025 vs 2024
- Net margin
- 21.5%
- 2024: 24.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,534 | -486 | 2,626 | 2,392 | 1,356 | 1,897 | 2,592 | 1,768 | 1,720 | 1,510 |
| Depreciation and amortization | 779 | 717 | 635 | 554 | 516 | 500 | 459 | 461 | — | — |
| Capital expenditure | -74.0 | -102 | -117 | -129 | -95.5 | -136 | -158 | -97.6 | -91.6 | -111 |
| Investing cash flow | -20,170 | -2,564 | 4,784 | 25,930 | -18,603 | — | — | — | — | — |
| Financing cash flow | 15,176 | 3,440 | -7,183 | -26,437 | 16,074 | — | — | — | — | — |
| Dividends paid | -592 | -602 | -622 | -750 | -583 | -585 | -530 | -405 | -357 | -333 |
| Share repurchases | -1,274 | -938 | -348 | -35.4 | -268 | -300 | -1,100 | -924 | -523 | -411 |
| Debt issued | 1,817 | 0.0 | 3,366 | 7,888 | 492 | — | — | — | — | — |
| Debt repaid | -1,538 | -1,312 | -1,059 | -500 | -1,465 | — | — | — | — | — |
| Effect of exchange rates | 656 | -504 | -89.8 | -287 | -160 | — | — | — | — | — |
| Net change in cash | 1,196 | -114 | 137 | 1,597 | -1,333 | — | — | — | — | — |
| Free cash flow | 5,460 | -588 | 2,509 | 2,264 | 1,261 | — | — | — | — | — |