Stock Analysis
Northern Trust CorpNTRS
P/E 13.51×· 5Y range 7.50–20.23×· 44th percentile of history
Sector: Financial Services · Industry: State Commercial Banks
AnalystsHold21 analystsP/E 13.5× sits at the 44th percentile of its 5.086926762491444-year history.
Cash covers 35% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Strengths
- Profitability75
Risks
- Growth24
- Financial Health26
Weak fundamentals — valuation is the only support.
Bull Case
- ✓ROE 16.7% — efficient capital deployment
What's happening with NTRS
Profile
Strong profitability; growth, financial health, valuation and moat lag behind.
How is each axis scored?
- Valuation41/100 · Weak
- P/E vs own history (44th pct)12/25
- FCF yield (1.5%)5/25
- P/S (5.8x)12/25
- EV/EBIT (17.5x)12/25
- Growth24/100 · Weak
- Revenue CAGR (3.6%)6/25
- Net income CAGR (3.0%)6/25
- EPS CAGR 5Y (5.1%)12/25
- Fwd implied growth (-4.2%)0/25
- Profitability75/100 · Strong
- ROIC (7.7%)5/25
- ROE (16.7%)20/25
- Net margin (42.6%)25/25
- Operating margin (44.4%)25/25
- Financial Health26/100 · Weak
- Altman Z (0.15)3/25
- Current ratio (0.37)0/25
- Interest coverage (0.2x)3/25
- Net cash / debt (D/A 6%)20/25
- Quality50/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.47)20/25
- FCF conversion (20%)3/25
- Margin stability (σ 9.7%)12/25
- Moat49/100 · Weak
- ROIC >12% years (4/10 yrs)6/25
- Median gross margin (n/a)0/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst 20.1%)25/25
Risk Flags
- ⚠Altman Z 0.2 — distress-zone balance sheet
- ⚠Interest coverage 0.2× — thin debt cushion
About Northern Trust Corp
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Show more
Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.
Headquarters: CHICAGO, IL · Employees: 23,800 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
41D+P/E (TTM)13.5xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 7.5x–20.2x · 44th pct
P/FCF6.3xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield1.5%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.6%–29.5% · 16th pct
P/S (TTM)5.75xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 3.0x–6.5x · 89th pct
EV/EBIT17.5xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 16.9x–19.5x · 14th pct
EV/Sales15.2xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E14.1xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.26xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.97A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield2.14%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio28.5%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
75B+ROIC7.7%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE16.7%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA1.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin42.6%A
Grade A: HighNet Income / Revenue
Operating Margin44.4%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin100.0%A
Grade A: PremiumGross Profit / Revenue
FCF Margin8.5%C
Grade C: AverageFCF / Revenue
True FCF Margin8.5%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
24ERevenue CAGR3.6%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR3.0%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)5.1%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-4.2%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-12.5%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
26EAltman Z-Score0.15D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.37xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.37xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage0.2xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment23.8yD
Grade D: SlowYears to repay net debt via FCF
Net Debt/EBIT4.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.22xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.35xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
50CPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.47A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion19.9%D
Grade D: PoorFCF / Net Income
Margin Stability9.7%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue1.6%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.05xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dhandapani Chandra Filed | Dhandapani Chandra | Grant / award | +31 | |
Petrino Richard Filed | Petrino Richard | Grant / award | +6 | |
Klevorn Marcy S Filed | Klevorn Marcy S | Grant / award | +65 | |
Harrison Dean M Filed | Harrison Dean M | Grant / award | +152 | |
Thompson Donald Filed | Thompson Donald | Grant / award | +145 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Tribbett Charles A Filed | Tribbett Charles A | Grant / award | +80 | |
Mehta Siddharth N Filed | Mehta Siddharth N | Grant / award | +31 | |
CROWN SUSAN Filed | CROWN SUSAN | Grant / award | +87 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
49D+ROIC >12% Years4/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)—
Median annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor20.1%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$12.25
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$316.49
Cash & short-term investments per share (Finnhub)
Book Value / Share$73.23
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$16.35B
Total debt obligations (short + long term)
Cash & Equiv.$5.74B
Cash and short-term investments
Net Debt$10.61B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$13.40B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$30.29B
Current Market Capitalization
Beta1.23C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Northern Trust Corp (NTRS)
Piotroski F-Score of 5/9 indicates mixed fundamentals for Northern Trust Corp. Altman Z-Score of 0.15 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.47 suggests a low likelihood of earnings manipulation.
- Takes ~23.8 years to repay net debt from free cash flow.
- Interest coverage of 0.2× leaves little room for earnings shocks.
- The stock currently yields 2.1% in dividends.
See how NTRS ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all NTRS moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 161.78 | -3.40% | -3.14 |
| Oct 14 | After-hours | 162.64 | -2.89% | -2.62 |
| Sep 22 | Regular | 174.02 | -2.75% | -2.01 |
| Sep 22 | After-hours | 173.57 | -3.01% | -2.21 |
Frequently Asked Questions about NTRS
What is the current Northern Trust Corp (NTRS) stock price?
NTRS is trading at $165.54 at the last market close, up 0.06% on the session. PreMarketPrice tracks NTRS pre-market, intraday and after-hours prices.
Is NTRS stock a buy right now?
PreMarketPrice's quantitative model rates Northern Trust Corp's financial health at 26/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is NTRS stock overvalued?
Northern Trust Corp trades at a trailing P/E of 13.5 and our valuation score rates it 41/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Northern Trust Corp report earnings?
No confirmed earnings date is currently scheduled for NTRS. The Earnings section lists recent reports and updates as dates are announced.
What sector does Northern Trust Corp operate in?
Northern Trust Corp operates in the Financial Services sector, within the State Commercial Banks industry. The Related Stocks section lists sector peers for comparison.
What does Northern Trust Corp do?
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals.
About Northern Trust Corp (NTRS) Stock
Northern Trust Corp (NTRS) is a US-listed stock operating in the Financial Services sector, specifically the State Commercial Banks industry. As of the latest update, Northern Trust Corp is trading at $165.54, up 0.06% on the day with a market capitalization of $30.3 billion. The financial health score for NTRS is 26/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for NTRS stock.
NTRS Stock Analysis & Key Metrics
On PreMarketPrice, you can track Northern Trust Corp (NTRS) across multiple dimensions:
- Pre-market price & movement: Real-time NTRS stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for NTRS with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Northern Trust Corp across multiple reporting periods.
- Financial health score: A composite score of 26/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for NTRS.
- Sector peers: Compare NTRS against 6 other financial services stocks on key financial metrics.
Is NTRS a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Northern Trust Corp (NTRS) as an investment. The financial health score of 26/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Northern Trust Corp (NTRS) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.