Company Dossier · Financials
Northern Trust
- S&P 500
- Russell 1000
What Northern Trust is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.
Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →
The latest read
Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.
- Revenue over the four quarters to June 30, 2026: $5.26 billion, up 8.2% from a year earlier.SEC EDGAR filings (XBRL)
- Free cash flow (operating cash flow minus capital expenditure) over the four quarters to June 30, 2026: $0.45 billion, down 82% from a year earlier.SEC EDGAR filings (XBRL)
- Capital expenditure over the four quarters to June 30, 2026: $0.08 billion, down 11% from a year earlier.SEC EDGAR filings (XBRL)
- Share buybacks in the fiscal year to December 31, 2025: $1.27 billion.SEC EDGAR filings (10-K)
- Long-term debt issued in the fiscal year to December 31, 2025: $0.50 billion.SEC EDGAR filings (10-K)
- Latest earnings call or results release (October 21, 2026): sentiment 0.65 on a −1 to +1 scale (mixed), confidence 0.70 of 1.Palanor Discourse
- Latest annual report (filed February 24, 2026): 0 risk factors added, 0 removed.Risk Factor Changes (10-K Item 1A)
- Insiders were net sellers in Q3 2026: $0.3 million on the open market.SEC Form 4
- 1,023 institutional managers reported a position at June 30, 2026 (+63 on the quarter before).SEC Form 13F
- H-1B filings certified in Q2 2026: 13 (53 a year earlier).U.S. Department of Labor (OFLC)
Company Posture
How Company Posture is measured →What Northern Trust is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.
Retrenching · Confident
Expanding ↔ Retrenching
Retrenching
- Capital spending32nd pct
- Debt raised—
- Buybacks vs capex19th pct
- Hiring filings3rd pct
- Deals and private raises48th pct
- Patent publications46th pct
Confident ↔ Hedging
Confident
- Call sentiment73rd pct
- Call confidence38th pct
- Guidance changes—
- Risk factors added75th pct
- Insider open-market trades88th pct
- + Call sentiment
- + Insider open-market trades
- + Risk factors added
Pressure
Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).
- Fails-to-deliver47th pct
- Stress filings49th pct
Credit
How these are built →Northern Trust's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.
Bonds priced, last 12 months
$1.3B
U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.
| Priced | Amount | Coupon | Matures | Spread | Yield |
|---|---|---|---|---|---|
| Nov 12, 2025 | $500M | 4.150% | 2030 (5y) | +50bp | 4.161% |
| Nov 12, 2025 | $750M | 5.117% | 2040 (15y) | +105bp | 5.117% |
From the pricing term sheets Northern Trust filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.
Charts
Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.
Cash flow
Capital returned and raised
What the company says
Hiring and ownership
In the news
Headlines that name Northern Trust, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.
- NeutralNorthern Trust CFO Dave Fox to Retire, Ensuring Smooth Transition Through Q1 2027 (NTRS)
gurufocus.com · via Marketaux · Sep 30, 2026
Filings and records
The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.
- Oct 20, 20268-KDirector or officer changeItem 5.02
- Oct 20, 2026LobbyingLobbying report (NORTHERN TRUST CORPORATION)third_quarter 2026 · $0.1 million
- Oct 20, 2026LobbyingLobbying report (MEHLMAN CONSULTING, INC.)third_quarter 2026 · $0.1 million
- Sep 29, 20268-KDirector or officer changeItem 5.02
- Sep 29, 2026Patent
- Jul 20, 2026LobbyingLobbying report (NORTHERN TRUST CORPORATION)second_quarter 2026 · $0.1 million
- Jul 17, 2026LobbyingLobbying report (MEHLMAN CONSULTING, INC.)second_quarter 2026 · $0.1 million
- Apr 22, 20268-KShareholder vote resultsItem 5.07
- Apr 20, 2026LobbyingLobbying report (NORTHERN TRUST CORPORATION)first_quarter 2026 · $0.1 million
- Apr 17, 2026LobbyingLobbying report (MEHLMAN CONSULTING, INC.)first_quarter 2026 · $0.1 million
- Mar 17, 2026Patent
- Feb 24, 202610-KAnnual report (10-K)0 risk factors added, 0 removed
- Jan 20, 2026LobbyingLobbying report (NORTHERN TRUST CORPORATION)fourth_quarter 2025 · $0.2 million
- Jan 16, 2026LobbyingLobbying report (MEHLMAN CONSULTING, INC.)fourth_quarter 2025 · $0.1 million
- Sep 23, 2025Patent
- Sep 3, 20258-KDirector or officer changeItem 5.02
- Apr 23, 20258-KShareholder vote resultsItem 5.07
- Feb 24, 202510-KAnnual report (10-K)0 risk factors added, 1 removed
- Feb 21, 20258-KDirector or officer changeItem 5.02
- Jan 22, 20258-KDirector or officer changeItem 5.02
- Mar 12, 2024Patent
- Feb 27, 202410-KAnnual report (10-K)2 risk factors added, 1 removed
- Jan 9, 2024Patent
Peers
Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.
| Company | Revenue | Free cash flow | Through |
|---|---|---|---|
| Ares Management ARES | $6.0B | — | Jun 30, 2026 |
| Brookfield Asset Management BAM | $4.1B | — | Jun 30, 2026 |
| Invesco IVZ | $6.9B | $1.9B | Jun 30, 2026 |
| T. Rowe Price TROW | $7.6B | $1.7B | Jun 30, 2026 |
| Franklin Resources BEN | $9.3B | $0.9B | Jun 30, 2026 |
| SEI Investments Company SEIC | $2.5B | $0.7B | Jun 30, 2026 |
| Affiliated Managers Group AMG | $2.3B | $1.1B | Jun 30, 2026 |
| State Street Corporation STT | $15.1B | $2.0B | Jun 30, 2026 |