The Tip Desk

NORTHERN TRUST CORP

Company Stats

Market Cap
$31.0B
as of Sep 30, 2026
Shares Outstanding
181.1M
Free Float
98.4%

Income Statement

Revenue
$8.1B
Net Income
$1.7B
Revenue Growth, 3Y
6.1%
FCF Margin, 3Y Avg
32.5%
FCF Margin, Worst Year
-7.1%

Cash Flow

Free Cash Flow
$5.5B
FCF Yield
17.6%
Owner FCF Yield
17.2%

Returns & Capital

Dividends Paid
$591.6M
Dividend Yield
1.9%
Dividend Payout, 3Y Avg
39.9%
Share Repurchases
$1.3B
Buyback Yield, 3Y Avg
2.8%
SBC, 3Y Avg
$121.4M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$8.1B$5.5B67.5%
FY2024$8.3B-$587.5M-7.1%
FY2023$6.8B$2.5B37.0%
FY2022$6.8B$2.3B33.5%
FY2021$6.5B$1.3B19.5%

Annual filing data through FY ended December 31, 2025; shares and float as of November 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage