Northern Trust Corporation Cash Flow Quality Index
Northern Trust Corporation cash flow quality index. Northern Trust Corporation (NTRS) has a Cash Flow Quality Index of -0.08x as of June 2026. Operating cash flow of $-64.90 Million is below net income of $792.30 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NTRS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Northern Trust Corporation (1989–2025)
Cash flow quality index of Northern Trust Corporation from 1989 to 2025. Historical Cash Flow Quality Index for Northern Trust Corporation across 37 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Northern Trust Corporation net asset quality index to measure how much of total assets are equity-financed.
Northern Trust Corporation Cash Flow Quality Index by Year (1989–2025)
Northern Trust Corporation cash flow quality index by year from 1989 to 2025. Year-by-year earnings quality comparison for Northern Trust Corporation. For the full cash flow conversion analysis, see NTRS cash generation efficiency.
| 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 | — |