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Northern Trust NTRS Price / book

Price / book at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
2.3×+0.2×
State Street logo
State StreetSTT
1.7×+0.6×
SEI Investments logo
SEI InvestmentsSEIC
4.2×-0.4×
SS&C Technologies logo
SS&C TechnologiesSSNC
2.3×-0.6×
AlTi Global, Inc. logo
AlTi Global, Inc.ALTI
0.6×+0.2×
Silvercrest Asset Management Group logo
Silvercrest Asset Management GroupSAMG
2.2×+0.2×

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$33.33B+37.0%
P/E17.8×+3.8×
P/S4.1×-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.

Based on the most recent quarter.

The source filing: Northern Trust’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000073124-26-000035

FAQ

What is Northern Trust's price / book?
Northern Trust (NTRS) reported price / book of 2× in Q1 2026.
How has Northern Trust's price / book changed year-over-year?
Northern Trust's price / book increased by 33.4% year-over-year, from 1.5× to 2×.
What is the long-term trend for Northern Trust's price / book?
Over 5 years (2020 to 2025), Northern Trust's price / book has grown at a 3.8% compound annual growth rate (CAGR), from 1.7× to 2×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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