Northern Trust Corporation (NTRS) — Capital Reinvestment Ratio
Northern Trust Corporation (NTRS) has a Capital Reinvestment Ratio of 0.59x as of December 2025, meaning it reinvests 1% of its operating cash flow ($388.40 Million) in capital expenditures ($229.90 Million). Check Northern Trust Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Northern Trust Corporation Capital Reinvestment Ratio (1989–2025)
This chart tracks Northern Trust Corporation's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Northern Trust Corporation.
Annual Capital Reinvestment Ratio for Northern Trust Corporation (1989–2025)
Year-by-year Capital Reinvestment Ratio for Northern Trust Corporation from 1989 to 2025. See free cash flow generation of Northern Trust Corporation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | $5.53 Billion | $74.00 Million | ▼ -94.8% |
| 2023 | 0.26x | $2.63 Billion | $675.80 Million | ▲ +378.8% |
| 2022 | 0.05x | $2.39 Billion | $128.60 Million | ▼ -23.7% |
| 2021 | 0.07x | $1.36 Billion | $95.50 Million | ▼ -1.6% |
| 2020 | 0.07x | $1.90 Billion | $135.80 Million | ▲ +17.5% |
| 2019 | 0.06x | $2.59 Billion | $158.00 Million | ▼ -78.7% |
| 2018 | 0.29x | $1.77 Billion | $506.00 Million | ▲ +4.2% |
| 2017 | 0.27x | $1.72 Billion | $472.80 Million | ▼ -12.3% |
| 2016 | 0.31x | $1.51 Billion | $473.40 Million | ▲ +32.7% |
| 2015 | 0.24x | $1.83 Billion | $433.50 Million | ▼ -46.0% |
| 2014 | 0.44x | $936.00 Million | $409.50 Million | ▼ -4.6% |
| 2013 | 0.46x | $839.30 Million | $384.90 Million | ▲ +19.5% |
| 2012 | 0.38x | $814.40 Million | $312.50 Million | ▲ +29.7% |
| 2011 | 0.30x | $1.25 Billion | $371.10 Million | ▼ -24.9% |
| 2010 | 0.39x | $790.20 Million | $311.10 Million | ▲ +27.1% |
| 2009 | 0.31x | $1.01 Billion | $314.20 Million | ▼ -14.0% |
| 2008 | 0.36x | $855.30 Million | $308.00 Million | ▲ +25.1% |
| 2007 | 0.29x | $880.70 Million | $253.50 Million | ▼ -53.1% |
| 2006 | 0.61x | $388.50 Million | $238.50 Million | ▲ +83.7% |
| 2005 | 0.33x | $583.10 Million | $194.90 Million | ▲ +64.4% |
| 2004 | 0.20x | $654.80 Million | $133.10 Million | ▲ +26.9% |
| 2003 | 0.16x | $511.40 Million | $81.90 Million | ▲ +1.4% |
| 2002 | 0.16x | $698.70 Million | $110.40 Million | ▼ -10.7% |
| 2001 | 0.18x | $725.50 Million | $128.30 Million | ▼ -52.1% |
| 2000 | 0.37x | $371.10 Million | $137.10 Million | ▲ +88.8% |
| 1999 | 0.20x | $510.50 Million | $99.90 Million | ▼ -0.2% |
| 1998 | 0.20x | $430.90 Million | $84.50 Million | ▼ -31.4% |
| 1997 | 0.29x | $201.10 Million | $57.50 Million | ▲ +75.2% |
| 1996 | 0.16x | $348.00 Million | $56.80 Million | ▼ -44.6% |
| 1995 | 0.29x | $141.80 Million | $41.80 Million | ▲ +155.1% |
| 1994 | 0.12x | $387.70 Million | $44.80 Million | ▼ -25.6% |
| 1993 | 0.16x | $314.90 Million | $48.90 Million | ▼ -3.8% |
| 1992 | 0.16x | $350.00 Million | $56.50 Million | ▲ +6.5% |
| 1991 | 0.15x | $235.50 Million | $35.70 Million | ▼ -76.9% |
| 1990 | 0.66x | $131.30 Million | $86.30 Million | ▲ +88.8% |
| 1989 | 0.35x | $224.00 Million | $78.00 Million | — |