EBITDA for Northern Trust (NTRS)
According to Northern Trust's latest reported financial statements, the company's current EBITDA (TTM) is $3.20B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NTRS
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.20B
YoY change
-4.8%
5Y CAGR
+8.6%
Peak year (2024)
$3.38B
Cumulative EBITDA
$47.01B
EBITDA history chart for Northern Trust (NTRS) from 1985 to 2025
EBITDA history table for Northern Trust (NTRS) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.21B | -4.8% | ||
| 2024 | $3.38B | +60.8% | ||
| 2023 | $2.10B | -9.5% | ||
| 2022 | $2.32B | -8.1% | ||
| 2021 | $2.53B | +18.7% | ||
| 2020 | $2.13B | -11.4% | ||
| 2019 | $2.40B | -0.6% | ||
| 2018 | $2.42B | +17.7% | ||
| 2017 | $2.06B | +8.7% | ||
| 2016 | $1.89B | +4.1% | ||
| 2015 | $1.82B | +19.1% | ||
| 2014 | $1.53B | +9.5% | ||
| 2013 | $1.39B | +8.8% | ||
| 2012 | $1.28B | +11.6% | ||
| 2011 | $1.15B | -7.3% | ||
| 2010 | $1.24B | -17.3% | ||
| 2009 | $1.50B | +0.2% | ||
| 2008 | $1.50B | +17.6% | ||
| 2007 | $1.27B | +4.0% | ||
| 2006 | $1.22B | +13.4% | ||
| 2005 | $1.08B | +15.9% | ||
| 2004 | $931.70M | +14.0% | ||
| 2003 | $817.40M | +12.5% | ||
| 2002 | $726.70M | -3.8% | ||
| 2001 | $755.70M | +17.8% | ||
| 2000 | $641.30M | -1.5% | ||
| 1999 | $650.80M | +49.9% | ||
| 1998 | $434.30M | +13.6% | ||
| 1997 | $382.20M | +7.3% | ||
| 1996 | $356.30M | -1.8% | ||
| 1995 | $362.70M | +19.7% | ||
| 1994 | $302.90M | -14.2% | ||
| 1993 | $353.10M | +46.8% | ||
| 1992 | $240.50M | +23.8% | ||
| 1991 | $194.20M | +10.2% | ||
| 1990 | $176.20M | +24.7% | ||
| 1989 | $141.30M | +29.3% | ||
| 1988 | $109.30M | -267.9% | ||
| 1987 | -$65.10M | -224.5% | ||
| 1986 | $52.30M | +53.4% | ||
| 1985 | $34.10M | — |
EBITDA values are taken from Northern Trust's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for Northern Trust (NTRS) came in at $3.21B – edged down 4.8% year-over-year.
Over 2020–2025 (5 years), Northern Trust EBITDA expanded at a +8.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Northern Trust EBITDA edged down 4.8%, falling from $3.38B to $3.21B.
The highest annual EBITDA of $3.38B was reported in 2024. The lowest in the available history was -$65.10M in 1987.
Within Financial Services, Northern Trust (NTRS) ranks 9th among 8 peers we track. The peer median for EBITDA is $27.98B.
Northern Trust EBITDA by Year
Northern Trust EBITDA 2025: $3.21B
Northern Trust EBITDA in 2025 was $3.21B, edged down 4.8% below 2024.
Northern Trust EBITDA 2024: $3.38B
Northern Trust EBITDA in 2024 was $3.38B, surged 60.8% from 2023. This figure represents the highest annual value in the available history.
Northern Trust EBITDA 2023: $2.10B
Northern Trust EBITDA in 2023 was $2.10B, declined 9.5% below 2022.
Northern Trust EBITDA 2022: $2.32B
Northern Trust EBITDA in 2022 was $2.32B, declined 8.1% below 2021.
Northern Trust EBITDA 2021: $2.53B
Northern Trust EBITDA in 2021 was $2.53B.
See more financial history for Northern Trust (NTRS).
Sector peers — EBITDA
Companies in the same sector as Northern Trust, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Northern Trust's EBITDA?
- Latest reported EBITDA for Northern Trust (NTRS) is $3.20B (period ending March 31, 2026).
How has Northern Trust EBITDA changed year-over-year?
- Northern Trust (NTRS) EBITDA changed -4.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Northern Trust EBITDA?
- Northern Trust (NTRS) EBITDA compound annual growth rate is +8.6% over the most recent 5 years available.
When did Northern Trust EBITDA hit its highest annual value?
- Northern Trust EBITDA reached its highest annual value of $3.38B in 2024.
What was Northern Trust EBITDA in 2024?
- Northern Trust (NTRS) EBITDA in 2024 was $3.38B.
What was Northern Trust EBITDA in 2025?
- Northern Trust (NTRS) EBITDA in 2025 was $3.21B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
NTRS Overview
Company profile, financial tools, and key metrics
NTRS Revenue Counter
Earns $462.10 every second. See per minute, hour, and day.
NTRS Earnings Counter
Earns $59.31 per second net profit. See per minute, hour, and day.
NTRS Economic Scale
Exceeds Rwanda's GDP. Compare with world economies.
NTRS What If Invested
What if you had invested $1,000? See historical returns from any date.
NTRS How It Makes Money
Discover visual breakdown of $14.57B in revenue — where it comes from and where it goes.
NTRS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NTRS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NTRS Daily Price Character
Steady · 44.7% historical win rate (green days). Streaks & record days.
NTRS Buybacks
4.97% TTM buyback yield. Shareholder yield & SBC comparison.
NTRS Stock Split History
5 splits on record. Dates, ratios, and cumulative multiple.
NTRS Dividend Profile
Yield: 1.91%. Safety: 7/8. See full history.
NTRS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
NTRS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.