Northern Trust (NTRS) Financial Statements
Price: $101.44
Market Cap: $19.78B
Avg Volume: 1.26M
Market Cap: $19.78B
Avg Volume: 1.26M
Country: US
Industry: Asset Management
Sector: Financial Services
Industry: Asset Management
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Northern Trust.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.29B | $6.77B | $6.75B | $6.55B | $5.98B | $6.09B | $5.97B | $5.40B | $5.01B | $4.75B |
| Cost of Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $8.29B | $6.77B | $6.75B | $6.55B | $5.98B | $6.09B | $5.97B | $5.40B | $5.01B | $4.75B |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $2.90B | $2.84B | $2.69B | $2.44B | $2.33B | $2.21B | $2.16B | $2.05B | $1.82B | $1.73B |
| Selling and Marketing Expenses | $81.30M | $74.80M | $76.70M | $65.50M | $59.20M | $104.20M | $98.30M | $95.40M | $83.60M | $93.20M |
| Selling General and Administrative Expenses | $2.98B | $2.91B | $2.69B | $2.44B | $2.33B | $2.21B | $2.16B | $2.05B | $1.82B | $1.73B |
| Other Expenses | $5.31B | $3.86B | $-7.18B | $-6.90B | $-6.81B | $-6.34B | $2.38B | $1.86B | $1.63B | $1.50B |
| Operating Expenses | $8.29B | $6.77B | $-4.50B | $-4.45B | $-4.47B | $-4.13B | $4.70B | $4.08B | $3.63B | $3.39B |
| Cost and Expenses | $8.29B | $6.77B | $-4.50B | $-4.45B | $-4.47B | $-4.13B | $4.70B | $4.75B | $4.14B | $3.89B |
| Interest Income | $9.76B | $7.33B | $2.88B | $1.41B | $1.64B | $2.50B | $2.32B | $1.77B | $1.42B | $1.22B |
| Interest Expense | $7.59B | $5.34B | $990.50M | $23.80M | $200.30M | $822.00M | $698.70M | $340.20M | $182.00M | $153.90M |
| Depreciation and Amortization | $716.80M | $634.60M | $553.60M | $515.70M | $500.30M | $458.90M | $460.90M | $421.70M | $373.30M | $351.60M |
| EBITDA | $- | $2.10B | $2.32B | $2.53B | $2.13B | $2.40B | $2.42B | $2.06B | $1.89B | $1.82B |
| EBITDA Ratio | 0.00% | 30.99% | 41.72% | 38.58% | 35.61% | 39.47% | 52.18% | 44.34% | 41.39% | 41.52% |
| Operating Income | $-10.96B | $1.46B | $2.26B | $2.01B | $1.63B | $1.94B | $2.66B | $1.97B | $1.70B | $1.62B |
| Operating Income Ratio | -132.22% | 21.63% | 33.52% | 30.71% | 27.24% | 31.94% | 44.46% | 36.54% | 33.94% | 34.11% |
| Total Other Income Expenses Net | $13.62B | $- | $-313.00M | $-233.60M | $-287.50M | $-225.60M | $-232.30M | $-236.20M | $-299.70M | $-242.90M |
| Income Before Tax | $2.66B | $1.46B | $1.77B | $2.01B | $1.63B | $1.94B | $1.96B | $1.63B | $1.52B | $1.47B |
| Income Before Tax Ratio | 32.08% | 21.63% | 26.17% | 30.71% | 27.24% | 31.94% | 32.77% | 30.24% | 30.30% | 30.87% |
| Income Tax Expense | $628.40M | $357.50M | $430.30M | $464.80M | $418.30M | $451.90M | $401.40M | $434.90M | $484.60M | $491.20M |
| Net Income | $2.03B | $1.11B | $1.34B | $1.55B | $1.21B | $1.49B | $1.56B | $1.20B | $1.03B | $973.80M |
| Net Income Ratio | 24.50% | 16.35% | 19.79% | 23.61% | 20.24% | 24.51% | 26.05% | 22.19% | 20.62% | 20.52% |
| EPS | $10.45 | $5.09 | $6.16 | $7.16 | $5.48 | $6.66 | $6.97 | $4.95 | $4.35 | $4.03 |
| EPS Diluted | $10.42 | $5.08 | $6.14 | $7.14 | $5.46 | $6.63 | $6.93 | $4.92 | $4.32 | $3.99 |
| Weighted Average Shares Outstanding | 199.94M | 207.25M | 208.31M | 208.08M | 208.32M | 214.53M | 223.15M | 228.26M | 227.58M | 232.28M |
| Weighted Average Shares Outstanding Diluted | 200.55M | 207.56M | 208.87M | 208.90M | 209.01M | 215.60M | 224.49M | 229.65M | 229.15M | 234.22M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $45.40B | $4.79B | $4.69B | $3.06B | $4.39B | $4.46B | $4.72B | $4.54B | $5.34B | $6.43B |
| Short Term Investments | $10.69B | $10.10B | $26.70B | $13.63B | $19.19B | $13.44B | $35.88B | $11.92B | $11.51B | $11.24B |
| Cash and Short Term Investments | $4.68B | $14.89B | $4.69B | $3.06B | $4.39B | $4.46B | $4.72B | $4.54B | $5.34B | $6.43B |
| Net Receivables | $41.10M | $212.60M | $1.70B | $1.95B | $1.17B | $911.30M | $1.74B | $1.88B | $1.34B | $2.70B |
| Inventory | $- | $- | $68.64B | $6.69B | $11.12B | $6.53B | $71.10B | $79.81B | $67.05B | $62.87B |
| Other Current Assets | $-41.10M | $- | $- | $73.49B | $67.96B | $45.68B | $42.57B | $53.58B | $39.83B | $40.76B |
| Total Current Assets | $4.68B | $795.50M | $8.29B | $85.19B | $84.63B | $57.52B | $55.82B | $51.31B | $49.83B | $44.01B |
| Property Plant Equipment Net | $490.30M | $1.02B | $500.50M | $488.70M | $514.90M | $483.30M | $428.20M | $464.60M | $466.60M | $446.90M |
| Goodwill | $694.90M | $702.30M | $691.30M | $706.20M | $707.20M | $696.80M | $669.30M | $605.60M | $519.40M | $526.40M |
| Intangible Assets | $- | $2.10B | $2.04B | $1.77B | $1.71B | $120.60M | $138.60M | $161.40M | $41.80M | $46.50M |
| Goodwill and Intangible Assets | $694.90M | $2.80B | $691.30M | $706.20M | $707.20M | $696.80M | $669.30M | $605.60M | $519.40M | $526.40M |
| Long Term Investments | $51.30B | $49.31B | $53.60B | $62.74B | $61.08B | $52.26B | $52.25B | $47.43B | $44.92B | $37.99B |
| Tax Assets | $- | $- | $- | $- | $- | $- | $-1.01B | $-638.40M | $-422.00M | $-423.60M |
| Other Non-Current Assets | $-52.48B | $99.81B | $-55.51B | $-63.93B | $-62.30B | $-53.44B | $24.05B | $39.42B | $28.61B | $34.20B |
| Total Non-Current Assets | $150.83B | $152.95B | $-719.70M | $63.93B | $62.30B | $53.44B | $76.39B | $87.28B | $74.09B | $72.74B |
| Other Assets | $155.51B | $-2.96B | $147.46B | $34.77B | $23.08B | $25.87B | $- | $- | $- | $- |
| Total Assets | $155.51B | $150.78B | $155.04B | $183.89B | $170.00B | $136.83B | $132.21B | $138.59B | $123.93B | $116.75B |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $499.80M | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $- | $- | $-499.80M | $- | $- | $- | $- | $- | $- |
| Total Current Liabilities | $- | $- | $35.48B | $499.80M | $48.02B | $7.79B | $118.30B | $125.16B | $111.07B | $104.93B |
| Long Term Debt | $13.37B | $6.84B | $12.38B | $7.40B | $9.30B | $4.00B | $3.40B | $1.46B | $3.10B | $3.15B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $-719.70M | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $-13.37B | $132.05B | $131.39B | $164.47B | $149.01B | $121.74B | $118.30B | $126.91B | $111.05B | $104.90B |
| Total Non-Current Liabilities | $4.08B | $138.89B | $1.35B | $7.24B | $8.60B | $4.00B | $3.40B | $3.21B | $3.08B | $3.12B |
| Other Liabilities | $142.72B | $- | $106.95B | $-499.80M | $-48.02B | $113.95B | $- | $- | $- | $- |
| Total Liabilities | $142.72B | $138.89B | $143.78B | $7.24B | $8.60B | $125.74B | $121.70B | $128.37B | $114.16B | $108.04B |
| Preferred Stock | $884.90M | $884.90M | $884.90M | $884.90M | $884.90M | $1.27B | $882.00M | $882.00M | $882.00M | $388.50M |
| Common Stock | $408.60M | $408.60M | $10.37B | $11.13B | $10.80B | $9.82B | $9.63B | $9.33B | $8.89B | $8.32B |
| Retained Earnings | $15.61B | $14.23B | $13.80B | $13.12B | $12.21B | $11.66B | $10.78B | $9.69B | $8.91B | $8.24B |
| Accumulated Other Comprehensive Income Loss | $-814.00M | $-1.14B | $-1.57B | $-35.60M | $428.00M | $-194.70M | $-453.70M | $-414.30M | $-370.00M | $-372.70M |
| Other Total Stockholders Equity | $-3.31B | $-2.49B | $-2.26B | $-2.36B | $-2.24B | $-2.05B | $-1.11B | $-345.20M | $-58.60M | $38.70M |
| Total Stockholders Equity | $12.79B | $11.90B | $11.26B | $12.02B | $11.69B | $11.09B | $10.51B | $10.22B | $9.77B | $8.71B |
| Total Equity | $12.79B | $11.90B | $11.26B | $12.02B | $11.69B | $11.09B | $10.51B | $10.22B | $9.77B | $8.71B |
| Total Liabilities and Stockholders Equity | $155.51B | $150.78B | $155.04B | $183.89B | $170.00B | $136.83B | $132.21B | $138.59B | $123.93B | $116.75B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $155.51B | $150.78B | $155.04B | $183.89B | $170.00B | $136.83B | $132.21B | $138.59B | $123.93B | $116.75B |
| Total Investments | $61.99B | $59.41B | $80.30B | $76.36B | $80.27B | $65.69B | $88.13B | $80.53B | $80.08B | $69.89B |
| Total Debt | $13.37B | $13.41B | $12.38B | $7.24B | $8.60B | $11.79B | $14.07B | $12.40B | $8.89B | $8.10B |
| Net Debt | $-32.03B | $-23.82B | $7.70B | $4.18B | $4.21B | $7.32B | $9.35B | $7.86B | $3.55B | $1.67B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.03B | $1.11B | $1.34B | $1.55B | $1.21B | $1.49B | $1.56B | $1.20B | $1.03B | $973.80M |
| Depreciation and Amortization | $716.80M | $634.60M | $553.60M | $515.60M | $500.30M | $458.90M | $460.90M | $421.70M | $373.30M | $351.60M |
| Deferred Income Tax | $20.70M | $-48.20M | $-142.70M | $2.00M | $16.40M | $34.30M | $10.50M | $-76.10M | $-175.80M | $-146.20M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-3.15B | $-19.20M | $931.20M | $-898.00M | $-11.50M | $1.01B | $-998.10M | $413.80M | $-438.70M | $983.80M |
| Accounts Receivables | $177.40M | $-32.40M | $119.20M | $-423.70M | $29.90M | $-121.00M | $-327.00M | $-83.10M | $-258.20M | $190.60M |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $-41.90M | $85.80M | $172.60M | $-7.80M | $-23.60M | $-23.60M | $28.50M | $10.70M | $-100.00K | $-8.20M |
| Other Working Capital | $-3.29B | $-72.60M | $639.40M | $-466.50M | $-17.80M | $1.15B | $-699.60M | $486.20M | $-180.40M | $801.40M |
| Other Non Cash Items | $-102.40M | $951.10M | $-285.70M | $191.10M | $182.30M | $-402.80M | $737.80M | $-238.00M | $718.70M | $-328.60M |
| Net Cash Provided by Operating Activities | $-486.00M | $2.63B | $2.39B | $1.36B | $1.90B | $2.59B | $1.77B | $1.72B | $1.51B | $1.83B |
| Investments in Property Plant and Equipment | $-101.50M | $-116.50M | $-128.60M | $-95.50M | $-135.80M | $-158.00M | $-97.60M | $-91.60M | $-111.30M | $-98.50M |
| Acquisitions Net | $- | $- | $- | $- | $- | $-10.50M | $-104.20M | $-188.50M | $-16.90M | $- |
| Purchases of Investments | $-39.53B | $-40.09B | $-37.40B | $-68.63B | $-51.07B | $-26.97B | $-34.06B | $-21.74B | $-23.32B | $-19.57B |
| Sales Maturities of Investments | $37.86B | $43.74B | $44.18B | $64.98B | $44.41B | $27.35B | $29.00B | $20.03B | $15.34B | $15.20B |
| Other Investing Activities | $-784.90M | $1.26B | $19.28B | $-14.86B | $-23.12B | $-3.62B | $9.59B | $-12.03B | $-2.09B | $-2.44B |
| Net Cash Used for Investing Activities | $-2.56B | $4.78B | $25.93B | $-18.60B | $-29.92B | $-3.40B | $4.33B | $-14.02B | $-10.19B | $-6.90B |
| Debt Repayment | $-103.80M | $940.90M | $5.46B | $-1.21B | $-2.21B | $-686.50M | $2.04B | $1.11B | $1.07B | $2.08B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-937.80M | $-347.50M | $-35.40M | $-267.60M | $-699.80M | $-1.10B | $-924.30M | $-523.10M | $-411.10M | $-496.90M |
| Dividends Paid | $-644.10M | $-663.30M | $-796.70M | $-625.10M | $-630.50M | $-576.10M | $-451.80M | $-406.60M | $-356.40M | $-348.40M |
| Other Financing Activities | $5.13B | $-7.11B | $-31.06B | $18.17B | $31.02B | $2.98B | $-6.49B | $11.07B | $7.24B | $7.30B |
| Net Cash Used Provided by Financing Activities | $3.44B | $-7.18B | $-26.44B | $16.07B | $27.87B | $615.90M | $-5.82B | $11.25B | $7.54B | $8.53B |
| Effect of Forex Changes on Cash | $-504.30M | $-89.80M | $-287.40M | $-159.60M | $84.60M | $74.70M | $-212.90M | $234.60M | $58.70M | $-70.90M |
| Net Change in Cash | $-114.30M | $137.30M | $1.60B | $-1.33B | $-69.70M | $-122.40M | $63.50M | $-813.90M | $-1.09B | $3.40B |
| Cash at End of Period | $4.68B | $4.79B | $4.65B | $3.06B | $4.39B | $4.46B | $4.58B | $4.52B | $5.33B | $6.42B |
| Cash at Beginning of Period | $4.79B | $4.65B | $3.06B | $4.39B | $4.46B | $4.58B | $4.52B | $5.33B | $6.42B | $3.02B |
| Operating Cash Flow | $-486.00M | $2.63B | $2.39B | $1.36B | $1.90B | $2.59B | $1.77B | $1.72B | $1.51B | $1.83B |
| Capital Expenditure | $-745.50M | $-675.80M | $-723.50M | $-515.10M | $-560.40M | $-599.80M | $-506.00M | $-472.80M | $-473.40M | $-433.50M |
| Free Cash Flow | $-1.23B | $1.95B | $1.67B | $840.90M | $1.34B | $1.99B | $1.26B | $1.25B | $1.04B | $1.40B |