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Northern Trust NTRS Free cash flow

Free cash flow at other companies

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State StreetSTT
-$12.41B-672%
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AlTi Global, Inc.ALTI
$5.31M+117%
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$11.24M-51.2%
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Silvercrest Asset Management GroupSAMG
-$31.31M-24.7%
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SEI InvestmentsSEIC
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SS&C TechnologiesSSNC

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%

Valuation

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Market cap$32.17B+36.5%
P/E17.2×+3.6×
P/S3.9×-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
Debt / equity0.0×

Where this comes from

Calculated from Northern Trust’s reported figures.

The official record: Northern Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northern Trust's free cash flow?
Northern Trust (NTRS) reported free cash flow of -$329.4M in Q1 2026.
How has Northern Trust's free cash flow changed year-over-year?
Northern Trust's free cash flow decreased by 112.0% year-over-year, from $2.74B to -$329.4M.
What is the long-term trend for Northern Trust's free cash flow?
Over 4 years (2021 to 2025), Northern Trust's free cash flow has grown at a 44.3% compound annual growth rate (CAGR), from $1.26B to $5.46B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.