Discontinued — last reported Q4 '19

Operating

Pension Expense

Northern Trust Pension Expense increased by 71.4% to $7.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 94.8%, from $137.90M to $7.20M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows an upward trend with a 88.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2019

How to read this metric

Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.

Detailed definition

Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...

Peer comparison

Standard adjustment for companies with legacy defined benefit pension plans.

Metric ID: pension_and_postretirement_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$4.50M$20.70M$0.00$0.00$3.60M$16.50M$0.00$0.00$3.90M$208.00M$0.00$0.00$4.00M$137.90M$0.00$0.00$4.20M$7.20M
QoQ Change+360.0%-100.0%+358.3%-100.0%>999%-100.0%>999%-100.0%+71.4%
YoY Change-20.0%-20.3%+8.3%>999%+2.6%-33.7%+5.0%-94.8%
Range$0.00$208.00M
Avg YoY Growth+126.0%
Median YoY Growth-8.7%
Current Streak2+ quarters growth

Frequently Asked Questions

What is Northern Trust's pension expense?
Northern Trust (NTRS) reported pension expense of $7.20M in Q1 2026.
How has Northern Trust's pension expense changed year-over-year?
Northern Trust's pension expense decreased by 94.8% year-over-year, from $137.90M to $7.20M.
What is the long-term trend for Northern Trust's pension expense?
Over 4 years (2021 to 2025), Northern Trust's pension expense has grown at a 88.7% compound annual growth rate (CAGR), from $11.20M to $142.10M.
What does pension expense mean?
Non-cash accounting charges related to employee pension and retirement benefit plans.