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Northern Trust NTRS Other — Revenue from Contract with Customer, Excluding Assessed Tax

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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$32.17B+33.6%
P/E17.2×+3.3×
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

Reported directly by Northern Trust in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 other — revenue from contract with customer, excluding assessed tax?
Northern Trust (NTRS) reported other — revenue from contract with customer, excluding assessed tax of $68.6M in Q1 2026.
How has Northern Trust's other — revenue from contract with customer, excluding assessed tax changed year-over-year?
Northern Trust's other — revenue from contract with customer, excluding assessed tax increased by 8.2% year-over-year, from $63.4M to $68.6M.
What is the long-term trend for Northern Trust's other — revenue from contract with customer, excluding assessed tax?
Over 4 years (2021 to 2025), Northern Trust's other — revenue from contract with customer, excluding assessed tax has grown at a 2.3% compound annual growth rate (CAGR), from $226.7M to $248.4M.
What does other — revenue from contract with customer, excluding assessed tax mean?
This metric represents the recurring service fees generated from specialized trust, investment, and administrative activities that fall outside the primary core business segments. It captures revenue derived from contractual service obligations provided to institutional and private clients, excluding any pass-through taxes. This serves as a key indicator of the firm's ability to monetize ancillary service offerings and niche financial solutions.