Latest headcount
23,800
YoY change
+2.1%
Headcount CAGR
-7.8%
Revenue / employee
$600.8K
Employee count history for Northern Trust
| Fiscal year | Employees |
|---|---|
| 1993 | 316,000 |
| 1996 | 332,000 |
| 1997 | 332,000 |
| 1998 | 370,000 |
| 1999 | 370,000 |
| 2000 | 9,466 |
| 2001 | 9,453 |
| 2002 | 9,317 |
| 2003 | 8,056 |
| 2004 | 8,022 |
| 2005 | 9,008 |
| 2006 | 9,726 |
| 2007 | 10,918 |
| 2008 | 12,200 |
| 2009 | 12,400 |
| 2010 | 12,800 |
| 2011 | 14,100 |
| 2012 | 14,200 |
| 2013 | 14,800 |
| 2014 | 15,400 |
| 2015 | 16,200 |
| 2016 | 17,100 |
| 2017 | 18,100 |
| 2018 | 18,800 |
| 2019 | 19,800 |
| 2020 | 20,900 |
| 2021 | 21,100 |
| 2022 | 23,600 |
| 2023 | 23,100 |
| 2024 | 23,300 |
| 2025 | 23,800 |
Revenue per employee for Northern Trust
Annual revenue divided by reported headcount, normalized to US dollars.
| Fiscal year | Revenue per employee (USD) |
|---|---|
| 1993 | $4K |
| 1996 | $5.8K |
| 1997 | $6.8K |
| 1998 | $7K |
| 1999 | $7.6K |
| 2000 | $378K |
| 2001 | $348.5K |
| 2002 | $297.9K |
| 2003 | $322.5K |
| 2004 | $352.7K |
| 2005 | $393.5K |
| 2006 | $462.8K |
| 2007 | $498.8K |
| 2008 | $452K |
| 2009 | $347K |
| 2010 | $314.5K |
| 2011 | $295.6K |
| 2012 | $295.3K |
| 2013 | $289.1K |
| 2014 | $293K |
| 2015 | $293.6K |
| 2016 | $293.6K |
| 2017 | $315.8K |
| 2018 | $354.2K |
| 2019 | $348.2K |
| 2020 | $301.5K |
| 2021 | $307.5K |
| 2022 | $328.5K |
| 2023 | $524.5K |
| 2024 | $681.4K |
| 2025 | $600.8K |
Earnings per employee for Northern Trust
Annual net income divided by reported headcount, normalized to US dollars; years with a net loss dip below zero.
| Fiscal year | Earnings per employee (USD) |
|---|---|
| 1993 | $531.3 |
| 1996 | $779.5 |
| 1997 | $931.9 |
| 1998 | $956.5 |
| 1999 | $1.1K |
| 2000 | $51.2K |
| 2001 | $51.6K |
| 2002 | $48K |
| 2003 | $50.2K |
| 2004 | $63K |
| 2005 | $64.9K |
| 2006 | $68.4K |
| 2007 | $66.6K |
| 2008 | $65.1K |
| 2009 | $69.7K |
| 2010 | $52.3K |
| 2011 | $42.8K |
| 2012 | $48.4K |
| 2013 | $49.4K |
| 2014 | $52.7K |
| 2015 | $60.1K |
| 2016 | $60.4K |
| 2017 | $66.2K |
| 2018 | $82.8K |
| 2019 | $75.4K |
| 2020 | $57.9K |
| 2021 | $73.2K |
| 2022 | $56.6K |
| 2023 | $47.9K |
| 2024 | $87.2K |
| 2025 | $73K |
Employee count history for Northern Trust (NTRS)
Annual figures come from annual reports (10-K, or 20-F/40-F for foreign filers); interim rows reflect headcount disclosed in periodic filings. Year-over-year change compares each filing with the prior year's equivalent. Revenue and earnings per employee are annual figures normalized to US dollars.
- 202523,800+2.1%
- 202423,300+0.9%
- 202323,100-2.1%
- 202223,600+11.8%
- 202121,100+1.0%
- 202020,900+5.6%
- 201919,800+5.3%
- 201818,800+3.9%
- 201718,100+5.8%
- 201617,100+5.6%
- 201516,200+5.2%
- 201415,400+4.1%
- 201314,800+4.2%
- 201214,200+0.7%
- 201114,100+10.2%
- 201012,800+3.2%
- 200912,400+1.6%
- 200812,200+11.7%
- 200710,918+12.3%
- 20069,726+8.0%
- 20059,008+12.3%
- 20048,022-0.4%
- 20038,056-13.5%
- 20029,317-1.4%
- 20019,453-0.1%
- 20009,466-97.4%
- 1999370,0000.0%
- 1998370,000+11.4%
- 1997332,0000.0%
- 1996332,000—
- 1995332,000+5.1%
- 1994316,000—
- 1993316,000—
About Northern Trust's employee count
Northern Trust (NTRS) employed 23,800 people in fiscal year 2025, based on its most recent annual report. That headcount grew by +500 (+2.1%) from 23,300 a year earlier.
Across the 1993–2025 period, the company's reported workforce went from 316,000 to 23,800 employees — a compound annual growth rate (CAGR) of -7.8% per year.
Northern Trust generated about $600.8K of revenue and $73K of net income per employee in its latest annual period. Revenue and earnings per employee gauge how efficiently a company turns headcount into output, and are most telling when tracked over time or compared with peers in the same industry.
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