Northern Trust Corporation Capital Reinvestment Ratio
Northern Trust Corporation 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). See NTRS FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Northern Trust Corporation (1989–2025)
Capital reinvestment ratio of Northern Trust Corporation from 1989 to 2025. This chart tracks Northern Trust Corporation's Capital Reinvestment Ratio across 36 annual periods. See Northern Trust Corporation (NTRS) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Northern Trust Corporation Capital Reinvestment Ratio by Year (1989–2025)
Northern Trust Corporation capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see Northern Trust Corporation cash flow conversion.
| 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 | — |