Tax
Income Tax
Northern Trust Income Tax increased by 4.4% to $175.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $129.40M to $175.10M. Over 4 years (FY 2021 to FY 2025), Income Tax shows an upward trend with a 6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $118.40M | $122.40M | $103.20M | $121.50M | $144.40M | $129.70M | $34.70M | $109.40M | $108.90M | $106.50M | $32.70M | $75.90M | $277.50M | $136.20M | $138.80M | $129.40M | $143.50M | $161.90M | $167.80M | $175.10M |
| QoQ Change | — | +3.4% | -15.7% | +17.7% | +18.8% | -10.2% | -73.2% | +215.3% | -0.5% | -2.2% | -69.3% | +132.1% | +265.6% | -50.9% | +1.9% | -6.8% | +10.9% | +12.8% | +3.6% | +4.4% |
| YoY Change | — | — | — | — | +22.0% | +6.0% | -66.4% | -10.0% | -24.6% | -17.9% | -5.8% | -30.6% | +154.8% | +27.9% | +324.5% | +70.5% | -48.3% | +18.9% | +20.9% | +35.3% |
Range$32.70M – $277.50M
CAGR+8.6%
Avg YoY Growth+29.8%
Median YoY Growth+12.4%
Current Streak4 quarters 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 | $129.40M | $143.50M | $161.90M | $167.80M | $175.10M |
Income Tax at Other Companies
Frequently Asked Questions
- What is Northern Trust's income tax?
- Northern Trust (NTRS) reported income tax of $175.10M in Q1 2026.
- How has Northern Trust's income tax changed year-over-year?
- Northern Trust's income tax increased by 35.3% year-over-year, from $129.40M to $175.10M.
- What is the long-term trend for Northern Trust's income tax?
- Over 4 years (2021 to 2025), Northern Trust's income tax has grown at a 6.7% compound annual growth rate (CAGR), from $464.80M to $602.60M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.