Northern Trust Corporation (NTRS) — Cash Flow Reinvestment Rate
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. See cash generation quality of Northern Trust Corporation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Northern Trust Corporation Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Northern Trust Corporation across 36 annual periods. For the full cash flow conversion analysis, see NTRS cash flow metrics.
Annual Cash Flow Reinvestment Rate for Northern Trust Corporation (1989–2025)
Year-by-year capital reinvestment analysis for Northern Trust Corporation. See financial agility of Northern Trust Corporation to measure the company's free cash flow as a share of total liabilities.
| 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 | — |