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Northern Trust NTRS Debt-to-equity

Debt-to-equity at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
1.4×0.0×
State Street logo
State StreetSTT
0.9×0.0×
SEI Investments logo
SEI InvestmentsSEIC
0.0×
SS&C Technologies logo
SS&C TechnologiesSSNC
1.2×+0.2×
AlTi Global, Inc. logo
AlTi Global, Inc.ALTI
0.1×0.0×
Silvercrest Asset Management Group logo
Silvercrest Asset Management GroupSAMG
0.4×+0.1×

Other financials

Income statement

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Revenue$2.2B+13.7%
Net income$525.5M+34.1%
EPS (diluted)$2.71+42.6%

Balance sheet

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Cash & equivalents$6.4B-2.2%
Total debt$624.4M-3.8%
Total equity$13.0B+0.8%
Total assets$174.57B+5.8%

Cash flow

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Operating cash flow-$320.0M-112%
CapEx$9.4M-24.2%
Free cash flow-$329.4M-112%

Valuation

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Market cap$33.33B+37.0%
P/E17.8×+3.8×
P/S4.1×-1.4×

Profitability

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Net margin22.8%-3.9pp
FCF margin65.1%-24.5pp

Returns & leverage

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Return on equity14.5%-3.2pp

Where this comes from

Calculated from Northern Trust’s reported figures.

Based on the most recent quarter.

The source filing: Northern Trust’s 10-K, filed February 24, 2026. Open the filing →

Filed
Feb 24, 2026, 4:29 PM EST
Fiscal year
FY2025
Accession
0000073124-26-000016

FAQ

What is Northern Trust's debt-to-equity?
Northern Trust (NTRS) reported debt-to-equity of 0× in Q4 2025.
How has Northern Trust's debt-to-equity changed year-over-year?
Northern Trust's debt-to-equity decreased by 4.9% year-over-year, from 0.1× to 0×.
What is the long-term trend for Northern Trust's debt-to-equity?
Over 5 years (2020 to 2025), Northern Trust's debt-to-equity has grown at a -4.3% compound annual growth rate (CAGR), from 0.1× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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