(NTRS) Northern Trust - Ratings and Ratios
Asset Servicing, Wealth Management
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.70% |
| Yield on Cost 5y | 3.83% |
| Yield CAGR 5y | 2.58% |
| Payout Consistency | 98.8% |
| Payout Ratio | 36.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 32.1% |
| Value at Risk 5%th | 47.1% |
| Relative Tail Risk | -10.85% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.14 |
| Alpha | 26.12 |
| CAGR/Max DD | 0.55 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.485 |
| Beta | 1.101 |
| Beta Downside | 1.102 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.76% |
| Mean DD | 10.79% |
| Median DD | 9.15% |
Description: NTRS Northern Trust December 17, 2025
Northern Trust Corporation (NASDAQ: NTRS) is a U.S.-based financial holding company that operates two primary segments: Asset Servicing and Wealth Management. The Asset Servicing segment delivers custody, fund administration, securities lending, foreign-exchange, treasury, brokerage, and cash-management services to a broad institutional client base that includes corporate retirement plans, sovereign wealth funds, insurance companies, and fund managers. The Wealth Management segment provides trust, investment-management, brokerage, private-banking, and family-office services to high-net-worth individuals, business owners, and privately-held enterprises.
Key operating metrics (FY 2023) show ≈ $1.4 trillion in assets under custody/administration and ≈ $1.2 trillion in wealth-management assets under management, generating $5.6 billion in revenue with a net income of $1.1 billion, reflecting a profit margin of roughly 20 %. The firm’s revenue mix is roughly 55 % from Asset Servicing and 45 % from Wealth Management, indicating balanced exposure to both institutional and affluent-client cycles.
Sector drivers that materially affect Northern Trust include (1) the ongoing fee-compression pressure in custodial services, mitigated by the firm’s higher-margin advisory and risk-analytics offerings; (2) rising interest-rate environments that boost net interest income on cash-management and banking products; and (3) increasing demand for ESG-focused reporting and data solutions, where Northern Trust’s technology platform provides a competitive edge.
Assuming the FY 2024 outlook follows the same growth trajectory, the company’s AUM-driven fee revenue could grow 3-5 % year-over-year, but this is contingent on sustained market volatility that fuels demand for outsourced investment-operations services. A material shift in regulatory capital requirements or a prolonged low-rate environment would materially alter these expectations.
For a deeper quantitative dive into Northern Trust’s valuation dynamics, you might explore the analytics on ValueRay to see how its forward-looking metrics compare to peers.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 1.73b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.70 > 1.0 |
| NWC/Revenue: -476.4% < 20% (prev -418.1%; Δ -58.22% < -1%) |
| CFO/TA 0.01 > 3% & CFO 2.51b > Net Income 1.73b |
| Net Debt (-41.07b) to EBITDA (3.06b): -13.40 < 3 |
| Current Ratio: 0.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (191.0m) vs 12m ago -4.76% < -2% |
| Gross Margin: 55.21% > 18% (prev 0.51%; Δ 5470 % > 0.5%) |
| Asset Turnover: 8.81% > 50% (prev 9.93%; Δ -1.11% > 0%) |
| Interest Coverage Ratio: 0.36 > 6 (EBITDA TTM 3.06b / Interest Expense TTM 6.44b) |
Altman Z'' -2.12
| A: -0.40 (Total Current Assets 69.48b - Total Current Liabilities 137.92b) / Total Assets 170.26b |
| B: 0.10 (Retained Earnings 16.40b / Total Assets 170.26b) |
| C: 0.01 (EBIT TTM 2.30b / Avg Total Assets 163.01b) |
| D: 0.10 (Book Value of Equity 16.17b / Total Liabilities 157.31b) |
| Altman-Z'' Score: -2.12= D |
Beneish M -3.90
| DSRI: 0.12 (Receivables 41.1m/354.2m, Revenue 14.37b/15.46b) |
| GMI: 0.92 (GM 55.21% / 50.82%) |
| AQI: 0.96 (AQ_t 0.59 / AQ_t-1 0.62) |
| SGI: 0.93 (Revenue 14.37b / 15.46b) |
| TATA: -0.00 (NI 1.73b - CFO 2.51b) / TA 170.26b) |
| Beneish M-Score: -3.90 = AAA |
ValueRay F-Score (Strict, 0-100) 60.33
| 1. Piotroski: 5.0pt |
| 2. FCF Yield: -6.57% |
| 3. FCF Margin: 11.93% |
| 4. Debt/Equity: 1.21 |
| 5. Debt/Ebitda: -13.40 |
| 6. ROIC - WACC: -2.34% |
| 7. RoE: 13.41% |
| 8. Revenue Trend: 88.70% |
| 9. EPS Trend: 29.47% |
What is the price of NTRS shares?
Over the past week, the price has changed by +2.10%, over one month by +6.02%, over three months by +19.87% and over the past year by +39.42%.
Is NTRS a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 10
- Sell: 1
- Strong Sell: 2
What are the forecasts/targets for the NTRS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 143.4 | -3.5% |
| Analysts Target Price | 143.4 | -3.5% |
| ValueRay Target Price | 166 | 11.7% |
NTRS Fundamental Data Overview January 21, 2026
P/E Forward = 15.528
P/S = 3.4987
P/B = 2.2806
P/EG = 7.394
Revenue TTM = 14.37b USD
EBIT TTM = 2.30b USD
EBITDA TTM = 3.06b USD
Long Term Debt = 13.52b USD (from longTermDebt, last quarter)
Short Term Debt = 2.12b USD (from shortTermDebt, last quarter)
Debt = 15.64b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -41.07b USD (from netDebt column, last quarter)
Enterprise Value = -26.08b USD (27.75b + Debt 15.64b - CCE 69.48b)
Interest Coverage Ratio = 0.36 (Ebit TTM 2.30b / Interest Expense TTM 6.44b)
EV/FCF = -15.21x (Enterprise Value -26.08b / FCF TTM 1.71b)
FCF Yield = -6.57% (FCF TTM 1.71b / Enterprise Value -26.08b)
FCF Margin = 11.93% (FCF TTM 1.71b / Revenue TTM 14.37b)
Net Margin = 12.02% (Net Income TTM 1.73b / Revenue TTM 14.37b)
Gross Margin = 55.21% ((Revenue TTM 14.37b - Cost of Revenue TTM 6.43b) / Revenue TTM)
Gross Margin QoQ = 57.07% (prev 55.04%)
Tobins Q-Ratio = -0.15 (set to none) (Enterprise Value -26.08b / Total Assets 170.26b)
Interest Expense / Debt = 9.93% (Interest Expense 1.55b / Debt 15.64b)
Taxrate = 26.13% (161.9m / 619.5m)
NOPAT = 1.70b (EBIT 2.30b * (1 - 26.13%))
Current Ratio = 0.50 (Total Current Assets 69.48b / Total Current Liabilities 137.92b)
Debt / Equity = 1.21 (Debt 15.64b / totalStockholderEquity, last quarter 12.96b)
Debt / EBITDA = -13.40 (Net Debt -41.07b / EBITDA 3.06b)
Debt / FCF = -23.95 (Net Debt -41.07b / FCF TTM 1.71b)
Total Stockholder Equity = 12.87b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.06% (Net Income 1.73b / Total Assets 170.26b)
RoE = 13.41% (Net Income TTM 1.73b / Total Stockholder Equity 12.87b)
RoCE = 8.71% (EBIT 2.30b / Capital Employed (Equity 12.87b + L.T.Debt 13.52b))
RoIC = 6.68% (NOPAT 1.70b / Invested Capital 25.43b)
WACC = 9.02% (E(27.75b)/V(43.40b) * Re(9.97%) + D(15.64b)/V(43.40b) * Rd(9.93%) * (1-Tc(0.26)))
Discount Rate = 9.97% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.82%
[DCF Debug] Terminal Value 74.48% ; FCFF base≈2.72b ; Y1≈2.72b ; Y5≈2.90b
Fair Price DCF = 441.6 (EV 42.45b - Net Debt -41.07b = Equity 83.51b / Shares 189.1m; r=9.02% [WACC]; 5y FCF grow -0.32% → 2.90% )
EPS Correlation: 29.47 | EPS CAGR: 4.96% | SUE: 0.04 | # QB: 0
Revenue Correlation: 88.70 | Revenue CAGR: 22.57% | SUE: 0.70 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.12 | Chg30d=+0.041 | Revisions Net=+3 | Analysts=8
EPS next Year (2026-12-31): EPS=9.50 | Chg30d=+0.161 | Revisions Net=+8 | Growth EPS=+9.8% | Growth Revenue=+4.5%
Additional Sources for NTRS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle