Operating
Deferred Taxes
Northern Trust Deferred Taxes remained flat by 0.0% to $48.63M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 839.6%, from $5.18M to $48.63M. Over 4 years (FY 2021 to FY 2025), Deferred Taxes shows an upward trend with a 214.0% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityVolatile
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Positive values indicate tax benefits that improve cash flow, while negative values indicate cash tax outflows exceeding accounting expense.
Detailed definition
This reflects the difference between income tax expense recognized in the financial statements and the actual tax payabl...
Peer comparison
Common across all industries; highly dependent on specific tax jurisdictions and capital expenditure cycles.
Metric ID:
deferred_income_taxesHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $2.00M | -$142.70M | -$48.20M | $20.70M | $194.50M |
| YoY Change | — | <-999% | +66.2% | +142.9% | +839.6% |
Range-$142.70M – $194.50M
CAGR+214.0%
Avg YoY Growth<-999%
Median YoY Growth+104.6%
Current Streak3 years growth
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Asset Servicing Segment | $50.80M | $58.10M | $64.30M | $71.30M | $83.20M |
| Wealth Management Segment | $74.40M | $75.60M | $83.70M | $83.50M | $82.30M |
| Total | $48.63M | $48.63M | $48.63M | $48.63M | — |
Deferred Taxes at Other Companies
Frequently Asked Questions
- What is Northern Trust's deferred taxes?
- Northern Trust (NTRS) reported deferred taxes of $48.63M in Q4 2025.
- How has Northern Trust's deferred taxes changed year-over-year?
- Northern Trust's deferred taxes increased by 839.6% year-over-year, from $5.18M to $48.63M.
- What is the long-term trend for Northern Trust's deferred taxes?
- Over 4 years (2021 to 2025), Northern Trust's deferred taxes has grown at a 214.0% compound annual growth rate (CAGR), from $2.00M to $194.50M.
- What does deferred taxes mean?
- The difference between tax reported on the income statement and actual cash taxes paid.