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Northern Trust NTRS Free cash flow margin

Free cash flow margin at other companies

State Street logo
State StreetSTT
-25.9%
SEI Investments logo
SEI InvestmentsSEIC
28%-1.1pp
SS&C Technologies logo
SS&C TechnologiesSSNC
26.5%+2.8pp
BEN
Franklin ResourcesBEN
11%+1.6pp
Ameriprise Financial logo
Ameriprise FinancialAMP
36.7%-1.6pp
T Rowe Price Group logo
T Rowe Price GroupTROW
24%

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$31.85B+34.5%
P/E17×+6.3×
P/S3.9×-1.4×

Profitability

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Net margin22.8%-3.9pp

Returns & leverage

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Return on equity14.5%-3.2pp
Debt / equity0.0×

Where this comes from

Calculated from Northern Trust’s reported figures.

Based on trailing twelve months.

The official record: Northern Trust’s 10-Q, filed October 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Trust's free cash flow margin?
Northern Trust (NTRS) reported free cash flow margin of 65.1% in Q3 2024.
How has Northern Trust's free cash flow margin changed year-over-year?
Northern Trust's free cash flow margin decreased by 27.4% year-over-year, from 89.6% to 65.1%.
What is the long-term trend for Northern Trust's free cash flow margin?
Over 3 years (2020 to 2023), Northern Trust's free cash flow margin has grown at a 7.2% compound annual growth rate (CAGR), from 46.7% to 57.5%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.