Northern Trust Corporation (NTRS) — Free Cash Flow Generation Index
Northern Trust Corporation (NTRS) has a Free Cash Flow Generation Index of 0.41x as of December 2025. Free cash flow of $158.50 Million represents 0% of operating cash flow ($388.40 Million). See Northern Trust Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Northern Trust Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Northern Trust Corporation across 36 annual periods. Explore NTRS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Northern Trust Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for Northern Trust Corporation. For the full company profile including market capitalisation, see market value of Northern Trust Corporation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.99x | $5.46 Billion | $5.53 Billion | $74.00 Million | ▲ +32.9% |
| 2023 | 0.74x | $1.95 Billion | $2.63 Billion | $675.80 Million | ▼ -21.5% |
| 2022 | 0.95x | $2.26 Billion | $2.39 Billion | $128.60 Million | ▲ +1.8% |
| 2021 | 0.93x | $1.26 Billion | $1.36 Billion | $95.50 Million | ▲ +0.1% |
| 2020 | 0.93x | $1.76 Billion | $1.90 Billion | $135.80 Million | ▼ -1.1% |
| 2019 | 0.94x | $2.43 Billion | $2.59 Billion | $158.00 Million | ▲ +31.6% |
| 2018 | 0.71x | $1.26 Billion | $1.77 Billion | $506.00 Million | ▼ -1.6% |
| 2017 | 0.73x | $1.25 Billion | $1.72 Billion | $472.80 Million | ▲ +5.6% |
| 2016 | 0.69x | $1.04 Billion | $1.51 Billion | $473.40 Million | ▼ -10.1% |
| 2015 | 0.76x | $1.40 Billion | $1.83 Billion | $433.50 Million | ▲ +35.8% |
| 2014 | 0.56x | $526.50 Million | $936.00 Million | $409.50 Million | ▲ +3.9% |
| 2013 | 0.54x | $454.40 Million | $839.30 Million | $384.90 Million | ▼ -12.2% |
| 2012 | 0.62x | $501.90 Million | $814.40 Million | $312.50 Million | ▼ -12.5% |
| 2011 | 0.70x | $883.20 Million | $1.25 Billion | $371.10 Million | ▲ +16.1% |
| 2010 | 0.61x | $479.10 Million | $790.20 Million | $311.10 Million | ▼ -12.2% |
| 2009 | 0.69x | $700.50 Million | $1.01 Billion | $314.20 Million | ▲ +7.9% |
| 2008 | 0.64x | $547.30 Million | $855.30 Million | $308.00 Million | ▼ -10.1% |
| 2007 | 0.71x | $627.20 Million | $880.70 Million | $253.50 Million | ▲ +84.4% |
| 2006 | 0.39x | $150.00 Million | $388.50 Million | $238.50 Million | ▼ -42.0% |
| 2005 | 0.67x | $388.20 Million | $583.10 Million | $194.90 Million | ▼ -16.4% |
| 2004 | 0.80x | $521.70 Million | $654.80 Million | $133.10 Million | ▼ -5.1% |
| 2003 | 0.84x | $429.50 Million | $511.40 Million | $81.90 Million | ▼ -0.3% |
| 2002 | 0.84x | $588.30 Million | $698.70 Million | $110.40 Million | ▲ +2.3% |
| 2001 | 0.82x | $597.20 Million | $725.50 Million | $128.30 Million | ▲ +30.5% |
| 2000 | 0.63x | $234.00 Million | $371.10 Million | $137.10 Million | ▼ -21.6% |
| 1999 | 0.80x | $410.60 Million | $510.50 Million | $99.90 Million | ▲ +0.1% |
| 1998 | 0.80x | $346.40 Million | $430.90 Million | $84.50 Million | ▲ +12.6% |
| 1997 | 0.71x | $143.60 Million | $201.10 Million | $57.50 Million | ▼ -14.7% |
| 1996 | 0.84x | $291.20 Million | $348.00 Million | $56.80 Million | ▲ +18.7% |
| 1995 | 0.71x | $100.00 Million | $141.80 Million | $41.80 Million | ▼ -20.3% |
| 1994 | 0.88x | $342.90 Million | $387.70 Million | $44.80 Million | ▲ +4.7% |
| 1993 | 0.84x | $266.00 Million | $314.90 Million | $48.90 Million | ▲ +0.7% |
| 1992 | 0.84x | $293.50 Million | $350.00 Million | $56.50 Million | ▼ -1.2% |
| 1991 | 0.85x | $199.80 Million | $235.50 Million | $35.70 Million | ▲ +147.5% |
| 1990 | 0.34x | $45.00 Million | $131.30 Million | $86.30 Million | ▼ -47.4% |
| 1989 | 0.65x | $146.00 Million | $224.00 Million | $78.00 Million | — |