Northern Trust Corporation Net Assets

Latest as of June 2026: $13.40 Billion USD

Northern Trust Corporation net assets. Based on the latest financial reports, Northern Trust Corporation (NTRS) has net assets worth $13.40 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($179.30 Billion) and total liabilities ($165.90 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Northern Trust Corporation to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	$13.40 Billion
% of Total Assets	7.47%
Annual Growth Rate	8.95%
5-Year Change	-92.66%
10-Year Change	32.62%
Growth Volatility	222.34

Net Assets of Northern Trust Corporation (1989–2025)

Net assets of Northern Trust Corporation from 1989 to 2025. This chart illustrates how Northern Trust Corporation's net assets have evolved over time, based on quarterly financial data. See how leveraged is Northern Trust Corporation's balance sheet to measure how much of total assets are equity-financed.

Annual Net Assets for Northern Trust Corporation (1989–2025)

The table below shows the annual net assets of Northern Trust Corporation from 1989 to 2025. For live market cap and overall valuation, see NTRS company net worth.

Year	Net Assets	Change
2025-12-31	$12.96 Billion	+1.33%
2024-12-31	$12.79 Billion	+7.48%
2023-12-31	$11.90 Billion	+5.67%
2022-12-31	$11.26 Billion	-93.63%
2021-12-31	$176.65 Billion	+9.45%
2020-12-31	$161.40 Billion	+1355.26%
2019-12-31	$11.09 Billion	+5.55%
2018-12-31	$10.51 Billion	+2.86%
2017-12-31	$10.22 Billion	+4.56%
2016-12-31	$9.77 Billion	+12.23%
2015-12-31	$8.71 Billion	+3.04%
2014-12-31	$8.45 Billion	+6.79%
2013-12-31	$7.91 Billion	+5.11%
2012-12-31	$7.53 Billion	+5.76%
2011-12-31	$7.12 Billion	+4.20%
2010-12-31	$6.83 Billion	+8.21%
2009-12-31	$6.31 Billion	-1.21%
2008-12-31	$6.39 Billion	+41.70%
2007-12-31	$4.51 Billion	+14.33%
2006-12-31	$3.94 Billion	+9.53%
2005-12-31	$3.60 Billion	+9.26%
2004-12-31	$3.30 Billion	+7.87%
2003-12-31	$3.06 Billion	+1.85%
2002-12-31	$3.00 Billion	+8.16%
2001-12-31	$2.77 Billion	+12.64%
2000-12-31	$2.46 Billion	+13.22%
1999-12-31	$2.17 Billion	+12.08%
1998-12-31	$1.94 Billion	+11.58%
1997-12-31	$1.74 Billion	+12.62%
1996-12-31	$1.54 Billion	+6.30%
1995-12-31	$1.45 Billion	+13.42%
1994-12-31	$1.28 Billion	+11.20%
1993-12-31	$1.15 Billion	+13.97%
1992-12-31	$1.01 Billion	+23.13%
1991-12-31	$820.70 Million	+15.84%
1990-12-31	$708.50 Million	+19.84%
1989-12-31	$591.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Northern Trust Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 7196.6% over the analyzed period, indicating profitable operations and earnings retention.

Northern Trust Corporation Net Assets Breakdown (December 2025)

Northern Trust Corporation net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	$16.71 Billion	128.95%
Common Stock	$408.60 Million	3.15%
Other Comprehensive Income	$-590.50 Million	-4.56%
Total Equity	$12.96 Billion	100.00%

Northern Trust Corporation Competitors by Market Cap

The table below lists competitors of Northern Trust Corporation ranked by their market capitalization.

Company	Market Cap
ADYEN NV UNSP.ADR/001 F:1N8U	$30.86 Billion
Fiserv Inc. NASDAQ:FISV	$30.88 Billion
Shinhan Financial Group Co Ltd NYSE:SHG	$30.88 Billion
HANN.RUECKV.SE ADR 1/2/ON F:HNRB	$30.91 Billion
China Pacific Insurance Group Co Ltd SHG:601601	$30.71 Billion
Oil & Natural Gas Corporation Limited NSE:ONGC	$30.66 Billion
Daimler Truck Holding AG F:DTG	$30.60 Billion
PetroChina Company Limited F:PC6	$30.59 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Northern Trust Corporation's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 12,788,400,000 to 12,957,900,000, a change of 169,500,000 (1.3%).
Net income of 1,736,900,000 contributed positively to equity growth.
Dividend payments of 633,400,000 reduced retained earnings.
Share repurchases of 1,273,500,000 reduced equity.
Other comprehensive income increased equity by 223,500,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	$1.74 Billion	+13.4%
Dividends Paid	$633.40 Million	-4.89%
Share Repurchases	$1.27 Billion	-9.83%
Other Comprehensive Income	$223.50 Million	+1.72%
Other Changes	$116.00 Million	+0.9%
Total Change	$-	1.33%

Book Value vs Market Value Analysis

This analysis compares Northern Trust Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.46x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 59.36x to 2.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1989-12-31	$2.85	$169.16	x
1990-12-31	$3.37	$169.16	x
1991-12-31	$3.85	$169.16	x
1992-12-31	$4.67	$169.16	x
1993-12-31	$5.27	$169.16	x
1994-12-31	$5.68	$169.16	x
1995-12-31	$6.25	$169.16	x
1996-12-31	$6.75	$169.16	x
1997-12-31	$7.58	$169.16	x
1998-12-31	$8.45	$169.16	x
1999-12-31	$9.46	$169.16	x
2000-12-31	$10.68	$169.16	x
2001-12-31	$12.11	$169.16	x
2002-12-31	$13.28	$169.16	x
2003-12-31	$13.64	$169.16	x
2004-12-31	$15.01	$169.16	x
2005-12-31	$16.25	$169.16	x
2006-12-31	$17.78	$169.16	x
2007-12-31	$20.21	$169.16	x
2008-12-31	$28.52	$169.16	x
2009-12-31	$26.70	$169.16	x
2010-12-31	$28.17	$169.16	x
2011-12-31	$29.43	$169.16	x
2012-12-31	$31.25	$169.16	x
2013-12-31	$32.89	$169.16	x
2014-12-31	$35.54	$169.16	x
2015-12-31	$37.17	$169.16	x
2016-12-31	$42.64	$169.16	x
2017-12-31	$44.49	$169.16	x
2018-12-31	$46.81	$169.16	x
2019-12-31	$51.44	$169.16	x
2020-12-31	$772.23	$169.16	x
2021-12-31	$845.65	$169.16	x
2022-12-31	$53.91	$169.16	x
2023-12-31	$57.32	$169.16	x
2024-12-31	$63.35	$169.16	x
2025-12-31	$68.71	$169.16	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Northern Trust Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 13.40%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.15%
• Asset Turnover: 0.08x
• Equity Multiplier: 13.67x
Recent ROE (13.40%) is below the historical average (13.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1989	19.15%	9.20%	0.11x	18.50x	$54.08 Million
1990	16.29%	8.72%	0.11x	16.64x	$44.55 Million
1991	15.52%	10.11%	0.10x	16.07x	$45.33 Million
1992	14.79%	12.14%	0.08x	14.80x	$48.45 Million
1993	14.58%	13.34%	0.07x	14.68x	$52.73 Million
1994	14.23%	12.32%	0.08x	14.49x	$54.13 Million
1995	15.15%	12.34%	0.09x	13.72x	$74.74 Million
1996	16.76%	13.40%	0.09x	13.99x	$104.39 Million
1997	17.79%	13.65%	0.09x	14.56x	$135.50 Million
1998	18.24%	13.75%	0.09x	14.36x	$159.87 Million
1999	18.62%	14.44%	0.10x	13.20x	$187.53 Million
2000	19.70%	13.56%	0.10x	14.63x	$238.88 Million
2001	17.58%	14.80%	0.08x	14.30x	$210.15 Million
2002	14.90%	16.11%	0.07x	13.16x	$147.12 Million
2003	13.25%	15.58%	0.06x	13.57x	$99.27 Million
2004	15.34%	17.87%	0.06x	13.74x	$176.04 Million
2005	16.23%	16.49%	0.07x	14.83x	$224.32 Million
2006	16.87%	14.78%	0.07x	15.39x	$271.01 Million
2007	16.12%	13.35%	0.08x	14.99x	$275.99 Million
2008	12.44%	14.41%	0.07x	12.84x	$155.86 Million
2009	13.69%	20.09%	0.05x	13.01x	$232.99 Million
2010	9.80%	16.63%	0.05x	12.28x	$-13.53 Million
2011	8.48%	14.48%	0.04x	14.08x	$-108.13 Million
2012	9.13%	16.39%	0.04x	12.95x	$-65.40 Million
2013	9.24%	17.09%	0.04x	13.01x	$-59.90 Million
2014	9.61%	17.99%	0.04x	13.01x	$-33.09 Million
2015	11.19%	20.47%	0.04x	13.41x	$103.21 Million
2016	10.57%	20.56%	0.04x	12.68x	$55.46 Million
2017	11.74%	20.98%	0.04x	13.57x	$177.38 Million
2018	14.81%	23.37%	0.05x	12.58x	$505.57 Million
2019	13.45%	21.64%	0.05x	12.34x	$383.10 Million
2020	0.75%	19.19%	0.04x	1.05x	$-14.93 Billion
2021	0.87%	23.82%	0.04x	1.04x	$-16.12 Billion
2022	11.87%	17.23%	0.05x	13.77x	$210.05 Million
2023	9.31%	9.14%	0.08x	12.67x	$-82.49 Million
2024	15.88%	12.79%	0.10x	12.16x	$752.26 Million
2025	13.40%	12.15%	0.08x	13.67x	$441.11 Million

Industry Comparison

This section compares Northern Trust Corporation's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $725,187,812
Average return on equity (ROE) among peers: -56.27%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Northern Trust Corporation (NTRS)	$13.40 Billion	19.15%	12.38x	$30.83 Billion
Acadian Asset Management Inc (AAMI)	$-21.60 Million	0.00%	0.00x	$3.16 Billion
AllianceBernstein Holding L.P. (AB)	$1.30 Billion	15.06%	0.01x	$3.19 Billion
Associated Capital Group Inc (AC)	$651.26 Million	0.46%	0.16x	$78.56 Million
Abrdn Emerging Markets Equity Income Fund Inc (AEF)	$440.82 Million	-22.01%	0.14x	$265.69 Million
AFC Gamma Inc (AFCG)	$320.05 Million	6.55%	0.46x	$67.85 Million
AgriFORCE Growing Systems Ltd (AGRI)	$6.11 Million	-266.31%	0.76x	$194.14 Million
Alpha Compute Corp (ALP)	$12.33 Million	-46.28%	0.02x	$5.62 Million
Alvarium Tiedemann Holdings Inc. (ALTI)	$83.45 Million	-7.38%	0.39x	$262.31 Million
Amber International Holding Limited (AMBR)	$79.29 Million	-255.69%	1.80x	$154.04 Million
Affiliated Managers Group, Inc. (AMG)	$4.38 Billion	12.90%	1.02x	$10.08 Billion

About Northern Trust Corporation

NASDAQ:NTRS USA Asset Management

Market Cap

$30.95 Billion

Market Cap Rank

#866 Global

#387 in USA

Share Price

$169.16

Change (1 day)

-2.17%

52-Week Range

$122.72 - $191.47

All Time High

$191.47