Stock AnalizNorthern Trust Corp. NTRS
Major Banks · data as of November 13, 2026
Northern Trust Corp. (NTRS) is a financial company listed in the US with a market value of about $32.3B. In the twelve months to September 30, 2026 it had revenue of $9.3B and net income of $2.4B, a net margin of 26.0%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is shareholder returns (4/5); the weakest is track record (1/5).
Key numbers: a P/E of 14.0, a price to free cash flow of 18.6, 5-year revenue growth of 6% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 46% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.3B | $8.1B | $8.3B | $6.8B | $6.8B | $6.5B | $6.1B | $6.1B | $6.0B | $5.4B | $5.0B |
| Net income | $2.4B | $1.7B | $2.0B | $1.1B | $1.3B | $1.5B | $1.2B | $1.5B | $1.6B | $1.2B | $1.0B |
| Free cash flow | $1.7B | $5.5B | -$588M | $2.5B | $2.3B | $1.3B | $1.8B | $2.4B | $1.7B | $1.6B | $1.4B |
| EPS (diluted) | $12.74 | $8.74 | $9.77 | $5.08 | $6.14 | $7.14 | $5.46 | $6.63 | $6.64 | $4.92 | $4.32 |
| Net margin | 26.0% | 21.5% | 24.5% | 16.4% | 19.8% | 23.9% | 19.8% | 24.6% | 26.1% | 22.3% | 20.8% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 14 analysts is $180.75, 1% above the current price; targets range from $158.00 to $194.00; the consensus rating is “Hold”; expected EPS is $13.41 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Northern Trust’s P/E ratio?
About 14.0, based on the last twelve months of diluted earnings per share (forward P/E about 14.3).
Is Northern Trust stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 46% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Northern Trust pay a dividend?
Yes. The dividend yield is about 1.97%, and it has paid dividends for 10 years in our data.
Is Northern Trust a good stock to buy?
We do not give buy or sell advice. Northern Trust scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.