Northern Trust Corporation (NTRS)
NASDAQ: NTRS · Real-Time Price · USD
177.58
-0.07 (-0.04%)
Nov 10, 2026, 10:10 AM EST - Market open
Northern Trust Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,427 | 1,737 | 2,031 | 1,107 | 1,336 | 1,545 |
Depreciation & Amortization | 97.9 | 106.8 | 119.2 | 125.2 | 119.4 | 125.5 |
Other Amortization | 694 | 672.3 | 597.6 | 509.4 | 434.2 | 390.1 |
Gain (Loss) on Sale of Investments | -9.8 | -67.8 | 154.2 | 172.5 | 60.3 | 100 |
Provision for Credit Losses | -11 | -7.5 | -3 | 24.5 | 12 | -81.5 |
Change in Income Taxes | -104.4 | -104.4 | 183.5 | -44.4 | 61.3 | 37.2 |
Change in Other Net Operating Assets | -858.6 | 2,843 | -3,294 | -60.6 | 697.3 | -927.4 |
Other Operating Activities | -348.7 | 378.9 | -232.9 | 705.9 | -500.7 | 174.6 |
Operating Cash Flow | 1,828 | 5,534 | -486 | 2,626 | 2,392 | 1,356 |
Operating Cash Flow Growth | -27.17% | - | - | 9.75% | 76.43% | -28.51% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -89.8 | -74 | -101.5 | -116.5 | -128.6 | -95.5 |
Investment in Securities | -4,522 | -4,491 | -1,798 | 3,672 | 6,204 | -407.3 |
Purchase / Sale of Intangibles | -646.5 | -700.2 | -644 | -559.3 | -594.9 | -419.6 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | 1,218 | 1,521 | 4,166 | -4,702 | -2,442 | -6,745 |
Other Investing Activities | 8,273 | -16,426 | -4,186 | 6,490 | 22,891 | -10,936 |
Investing Cash Flow | 4,232 | -20,170 | -2,564 | 4,784 | 25,930 | -18,603 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 566.8 | - | 1,366 | 5,899 | 492.1 |
Long-Term Debt Issued | - | 1,250 | - | 2,000 | 1,989 | - |
Total Debt Issued | 3,432 | 1,817 | - | 3,366 | 7,888 | 492.1 |
Short-Term Debt Repaid | - | -188.2 | -1,312 | -1,059 | - | -686.5 |
Long-Term Debt Repaid | - | -1,350 | - | - | -500 | -778.8 |
Total Debt Repaid | -3,009 | -1,538 | -1,312 | -1,059 | -500 | -1,465 |
Net Debt Issued (Repaid) | 422.9 | 278.4 | -1,312 | 2,307 | 7,388 | -973.2 |
Issuance of Common Stock | 4.7 | 6.4 | 9.4 | 2.3 | 3.9 | 53.8 |
Repurchase of Common Stock | -1,432 | -1,274 | -937.8 | -347.5 | -35.4 | -267.6 |
Common Dividends Paid | -604.6 | -591.6 | -602.3 | -621.5 | -750.2 | -583.3 |
Preferred Dividends Paid | -41.8 | -41.8 | -41.8 | -41.8 | -46.5 | -41.8 |
Total Dividends Paid | -646.4 | -633.4 | -644.1 | -663.3 | -796.7 | -625.1 |
Net Increase (Decrease) in Deposit Accounts | -3,236 | 16,809 | 6,331 | -8,478 | -32,997 | 17,886 |
Other Financing Activities | -6.9 | -11.1 | -6.4 | -2.7 | - | 0.1 |
Financing Cash Flow | -4,893 | 15,176 | 3,440 | -7,183 | -26,437 | 16,074 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -69.7 | 656.4 | -504.3 | -89.8 | -287.4 | -159.6 |
Net Cash Flow | 1,097 | 1,196 | -114.3 | 137.3 | 1,597 | -1,333 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,739 | 5,460 | -587.5 | 2,509 | 2,264 | 1,261 |
Free Cash Flow Growth | -28.41% | - | - | 10.84% | 79.59% | -28.42% |
Free Cash Flow Margin | 18.63% | 67.45% | -7.08% | 37.18% | 33.54% | 19.26% |
Free Cash Flow Per Share | 9.36 | 28.40 | -2.91 | 12.09 | 10.84 | 6.03 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 6,036 | 6,224 | 7,610 | 5,286 | 822.4 | 30.8 |
Cash Income Tax Paid | 629.7 | 426.8 | 268.6 | 362.5 | 459.9 | 371 |