Northern Trust Corporation (NTRS) — Cash Flow Quality Index
Northern Trust Corporation (NTRS) has a Cash Flow Quality Index of -0.61x as of March 2026. Operating cash flow of $-320.00 Million is below net income of $525.50 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how efficiently does Northern Trust Corporation generate cash to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Northern Trust Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Northern Trust Corporation across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Northern Trust Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Northern Trust Corporation (1989–2025)
Year-by-year earnings quality comparison for Northern Trust Corporation. For live market cap and the full company financial profile, see Northern Trust Corporation stock valuation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.19x | $5.53 Billion | $1.74 Billion | ▲ +1431.4% |
| 2024 | -0.24x | $-486.00 Million | $2.03 Billion | ▼ -110.1% |
| 2023 | 2.37x | $2.63 Billion | $1.11 Billion | ▲ +32.4% |
| 2022 | 1.79x | $2.39 Billion | $1.34 Billion | ▲ +104.1% |
| 2021 | 0.88x | $1.36 Billion | $1.55 Billion | ▼ -44.1% |
| 2020 | 1.57x | $1.90 Billion | $1.21 Billion | ▼ -9.7% |
| 2019 | 1.74x | $2.59 Billion | $1.49 Billion | ▲ +53.0% |
| 2018 | 1.14x | $1.77 Billion | $1.56 Billion | ▼ -20.9% |
| 2017 | 1.43x | $1.72 Billion | $1.20 Billion | ▼ -1.9% |
| 2016 | 1.46x | $1.51 Billion | $1.03 Billion | ▼ -22.4% |
| 2015 | 1.88x | $1.83 Billion | $973.80 Million | ▲ +63.4% |
| 2014 | 1.15x | $936.00 Million | $811.80 Million | ▲ +0.5% |
| 2013 | 1.15x | $839.30 Million | $731.30 Million | ▼ -3.1% |
| 2012 | 1.18x | $814.40 Million | $687.30 Million | ▼ -43.0% |
| 2011 | 2.08x | $1.25 Billion | $603.60 Million | ▲ +76.1% |
| 2010 | 1.18x | $790.20 Million | $669.50 Million | ▲ +0.5% |
| 2009 | 1.17x | $1.01 Billion | $864.20 Million | ▲ +9.1% |
| 2008 | 1.08x | $855.30 Million | $794.80 Million | ▼ -11.2% |
| 2007 | 1.21x | $880.70 Million | $726.90 Million | ▲ +107.5% |
| 2006 | 0.58x | $388.50 Million | $665.40 Million | ▼ -41.5% |
| 2005 | 1.00x | $583.10 Million | $584.40 Million | ▼ -23.0% |
| 2004 | 1.30x | $654.80 Million | $505.60 Million | ▲ +2.5% |
| 2003 | 1.26x | $511.40 Million | $404.80 Million | ▼ -19.2% |
| 2002 | 1.56x | $698.70 Million | $447.10 Million | ▲ +5.0% |
| 2001 | 1.49x | $725.50 Million | $487.50 Million | ▲ +94.5% |
| 2000 | 0.76x | $371.10 Million | $485.10 Million | ▼ -39.3% |
| 1999 | 1.26x | $510.50 Million | $405.00 Million | ▲ +3.5% |
| 1998 | 1.22x | $430.90 Million | $353.90 Million | ▲ +87.3% |
| 1997 | 0.65x | $201.10 Million | $309.40 Million | ▼ -51.7% |
| 1996 | 1.34x | $348.00 Million | $258.80 Million | ▲ +108.6% |
| 1995 | 0.64x | $141.80 Million | $220.00 Million | ▼ -69.7% |
| 1994 | 2.13x | $387.70 Million | $182.20 Million | ▲ +13.5% |
| 1993 | 1.88x | $314.90 Million | $167.90 Million | ▼ -19.9% |
| 1992 | 2.34x | $350.00 Million | $149.50 Million | ▲ +26.7% |
| 1991 | 1.85x | $235.50 Million | $127.40 Million | ▲ +62.5% |
| 1990 | 1.14x | $131.30 Million | $115.40 Million | ▼ -42.5% |
| 1989 | 1.98x | $224.00 Million | $113.20 Million | — |