Northern Trust financials
$172.94−0.92%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.30B | $15.88B | $12.12B | $7.75B | $6.49B | $6.18B | $6.91B | $6.67B | $5.72B | $5.14B |
| Gross profit | $8.09B | $8.29B | $6.77B | $6.76B | $6.46B | $5.98B | $6.09B | $5.97B | $5.38B | $4.96B |
| Gross margin | 56.5% | 52.2% | 55.9% | 87.2% | 99.6% | 96.8% | 88.1% | 89.5% | 94.0% | 96.5% |
| Operating income | $2.34B | $2.66B | $1.46B | $1.77B | $2.01B | $1.63B | $1.94B | $1.96B | $1.63B | $1.52B |
| Net income | $1.70B | $1.99B | $1.07B | $1.29B | $1.50B | $1.14B | $1.43B | $1.49B | $1.13B | $990.4M |
| Net margin | 11.9% | 12.5% | 8.8% | 16.7% | 23.2% | 18.5% | 20.7% | 22.3% | 19.8% | 19.3% |
| Diluted EPS | $8.74 | $9.77 | $5.08 | $6.14 | $7.14 | $5.46 | $6.63 | $6.64 | $4.92 | $4.32 |
| EBITDA | $2.34B | $2.66B | $1.46B | $1.77B | $2.01B | $1.63B | $1.94B | $1.96B | $1.63B | $1.52B |
| Operating cash flow | $5.53B | -$486.0M | $2.63B | $2.39B | $1.36B | $1.90B | $2.59B | $1.77B | $1.72B | $1.51B |
| Free cash flow | $5.46B | -$587.5M | $2.51B | $2.26B | $1.26B | $1.76B | $2.43B | $1.67B | $1.63B | $1.40B |
| Diluted shares | 192.2M | 201.9M | 207.6M | 208.9M | 208.9M | 209.0M | 215.6M | 224.5M | 229.7M | 229.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.87B | $4.68B | $4.79B | $4.65B | $3.06B | $4.39B |
| Short-term investments | $115.37B | $92.47B | $86.36B | $94.91B | $128.79B | $121.29B |
| Total debt | $13.99B | $13.37B | $13.41B | $12.38B | $7.24B | $8.32B |
| Total assets | $177.13B | $155.51B | $150.78B | $155.04B | $183.89B | $170.00B |
| Total liabilities | $164.17B | $142.72B | $138.89B | $143.78B | $171.87B | $158.32B |
| Shareholders' equity | $12.96B | $12.79B | $11.90B | $11.26B | $12.02B | $11.69B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology