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). Read NTRS total debt and obligations for a breakdown of total debt and financial obligations.
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 how much does Northern Trust Corporation reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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 Northern Trust Corporation stock valuation.
| 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 | — |