Northern Trust Corporation (NTRS) — Cash Flow Reinvestment Rate

Latest as of December 2025: 4.65x

Northern Trust Corporation (NTRS) has a Cash Flow Reinvestment Rate of 4.65x as of December 2025, reinvesting $1.81 Billion (capex $229.90 Million plus investments $-1.58 Billion) from operating cash flow of $388.40 Million. Explore Northern Trust Corporation (NTRS) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

4.65x
(Capex + Investments) / Operating CF

Total Reinvested

$1.81 Billion
Capex + Investments

Operating Cash Flow

$388.40 Million
USD

Capital Expenditures

$229.90 Million
USD

Northern Trust Corporation Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Northern Trust Corporation across 36 annual periods. Also explore Northern Trust Corporation (NTRS) total assets for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Northern Trust Corporation (1989–2025)

Year-by-year capital reinvestment analysis for Northern Trust Corporation. For live market cap and broader valuation context, see market value of Northern Trust Corporation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.88x $4.84 Billion $5.53 Billion $74.00 Million ▼ -84.1%
2023 5.51x $14.48 Billion $2.63 Billion $675.80 Million ▼ -49.4%
2022 10.89x $26.06 Billion $2.39 Billion $128.60 Million ▲ +954.6%
2021 1.03x $1.40 Billion $1.36 Billion $95.50 Million ▼ -77.3%
2020 4.55x $8.63 Billion $1.90 Billion $135.80 Million ▲ +410.6%
2019 0.89x $2.31 Billion $2.59 Billion $158.00 Million ▼ -64.8%
2018 2.53x $4.48 Billion $1.77 Billion $506.00 Million ▼ -69.9%
2017 8.43x $14.49 Billion $1.72 Billion $472.80 Million ▲ +19.3%
2016 7.06x $10.67 Billion $1.51 Billion $473.40 Million ▲ +68.8%
2015 4.18x $7.68 Billion $1.83 Billion $433.50 Million ▲ +9.4%
2014 3.83x $3.58 Billion $936.00 Million $409.50 Million ▲ +541.3%
2013 0.60x $500.60 Million $839.30 Million $384.90 Million ▼ -88.0%
2012 4.96x $4.04 Billion $814.40 Million $312.50 Million ▲ +1576.8%
2011 0.30x $371.10 Million $1.25 Billion $371.10 Million ▼ -96.3%
2010 8.02x $6.34 Billion $790.20 Million $311.10 Million ▲ +2490.1%
2009 0.31x $314.20 Million $1.01 Billion $314.20 Million ▼ -14.0%
2008 0.36x $308.00 Million $855.30 Million $308.00 Million ▲ +25.1%
2007 0.29x $253.50 Million $880.70 Million $253.50 Million ▼ -53.1%
2006 0.61x $238.50 Million $388.50 Million $238.50 Million ▲ +83.7%
2005 0.33x $194.90 Million $583.10 Million $194.90 Million ▲ +64.4%
2004 0.20x $133.10 Million $654.80 Million $133.10 Million ▲ +26.9%
2003 0.16x $81.90 Million $511.40 Million $81.90 Million ▲ +1.4%
2002 0.16x $110.40 Million $698.70 Million $110.40 Million ▼ -10.7%
2001 0.18x $128.30 Million $725.50 Million $128.30 Million ▼ -52.1%
2000 0.37x $137.10 Million $371.10 Million $137.10 Million ▲ +88.8%
1999 0.20x $99.90 Million $510.50 Million $99.90 Million ▼ -0.2%
1998 0.20x $84.50 Million $430.90 Million $84.50 Million ▼ -31.4%
1997 0.29x $57.50 Million $201.10 Million $57.50 Million ▲ +75.2%
1996 0.16x $56.80 Million $348.00 Million $56.80 Million ▼ -44.6%
1995 0.29x $41.80 Million $141.80 Million $41.80 Million ▲ +155.1%
1994 0.12x $44.80 Million $387.70 Million $44.80 Million ▼ -25.6%
1993 0.16x $48.90 Million $314.90 Million $48.90 Million ▼ -3.8%
1992 0.16x $56.50 Million $350.00 Million $56.50 Million ▲ +6.5%
1991 0.15x $35.70 Million $235.50 Million $35.70 Million ▼ -76.9%
1990 0.66x $86.30 Million $131.30 Million $86.30 Million ▲ +88.8%
1989 0.35x $78.00 Million $224.00 Million $78.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow