Northern Trust Corporation (NTRS) — Working Capital to Net Assets Ratio
Northern Trust Corporation (NTRS) has a Working Capital to Net Assets ratio of 254.3% as of March 2026. Working capital of $33.02 Billion (current assets of $43.16 Billion minus current liabilities of $10.14 Billion) is measured against net assets of $12.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Northern Trust Corporation balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northern Trust Corporation Working Capital to Net Assets (1989–2025)
This chart shows how Northern Trust Corporation's Working Capital to Net Assets ratio has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 254.3%, reflecting working capital of $33.02 Billion against net assets of $12.99 Billion USD. Check tangible net worth ratio of Northern Trust Corporation to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Northern Trust Corporation (1989–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northern Trust Corporation from 1989 to 2025, covering 37 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market cap of Northern Trust Corporation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -709.7% | $-91.96 Billion | $12.96 Billion | $63.78 Billion | $155.74 Billion | ▼ -173.9 pp |
| 2024 | -535.8% | $-68.52 Billion | $12.79 Billion | $56.58 Billion | $125.10 Billion | ▼ -74.8 pp |
| 2023 | -461.0% | $-54.85 Billion | $11.90 Billion | $65.14 Billion | $119.99 Billion | ▼ -15.4 pp |
| 2022 | -445.6% | $-50.17 Billion | $11.26 Billion | $76.22 Billion | $126.40 Billion | ▼ -493.6 pp |
| 2021 | 47.9% | $84.69 Billion | $176.65 Billion | $85.19 Billion | $499.80 Million | ▲ +25.3 pp |
| 2020 | 22.7% | $36.61 Billion | $161.40 Billion | $84.63 Billion | $48.02 Billion | ▼ -425.8 pp |
| 2019 | 448.4% | $49.74 Billion | $11.09 Billion | $57.52 Billion | $7.79 Billion | ▲ +1043.0 pp |
| 2018 | -594.6% | $-62.48 Billion | $10.51 Billion | $55.82 Billion | $118.30 Billion | ▲ +128.4 pp |
| 2017 | -722.9% | $-73.85 Billion | $10.22 Billion | $51.31 Billion | $125.16 Billion | ▼ -96.1 pp |
| 2016 | -626.8% | $-61.24 Billion | $9.77 Billion | $49.83 Billion | $111.07 Billion | ▲ +72.9 pp |
| 2015 | -699.7% | $-60.92 Billion | $8.71 Billion | $44.01 Billion | $104.93 Billion | ▲ +26.5 pp |
| 2014 | -726.2% | $-61.36 Billion | $8.45 Billion | $36.78 Billion | $98.14 Billion | ▼ -3.6 pp |
| 2013 | -722.6% | $-57.17 Billion | $7.91 Billion | $33.88 Billion | $91.05 Billion | ▼ -44.4 pp |
| 2012 | -678.2% | $-51.05 Billion | $7.53 Billion | $34.79 Billion | $85.83 Billion | ▼ -119.9 pp |
| 2011 | -558.3% | $-39.74 Billion | $7.12 Billion | $45.89 Billion | $85.62 Billion | ▲ +167.8 pp |
| 2010 | -726.1% | $-49.59 Billion | $6.83 Billion | $24.10 Billion | $73.69 Billion | ▼ -434.3 pp |
| 2009 | -291.8% | $-18.42 Billion | $6.31 Billion | $49.63 Billion | $68.05 Billion | ▲ +43.4 pp |
| 2008 | -335.2% | $-21.42 Billion | $6.39 Billion | $45.04 Billion | $66.46 Billion | ▲ +150.0 pp |
| 2007 | -485.2% | $-21.88 Billion | $4.51 Billion | $34.67 Billion | $56.55 Billion | ▼ -22.8 pp |
| 2006 | -462.4% | $-18.24 Billion | $3.94 Billion | $33.33 Billion | $51.57 Billion | ▼ -26.3 pp |
| 2005 | -436.1% | $-15.70 Billion | $3.60 Billion | $25.67 Billion | $41.37 Billion | ▲ +202.3 pp |
| 2004 | -638.4% | $-21.04 Billion | $3.30 Billion | $14.03 Billion | $35.07 Billion | ▲ +25.7 pp |
| 2003 | -664.2% | $-20.29 Billion | $3.06 Billion | $10.58 Billion | $30.87 Billion | ▼ -71.0 pp |
| 2002 | -593.2% | $-17.79 Billion | $3.00 Billion | $11.65 Billion | $29.44 Billion | ▲ +28.3 pp |
| 2001 | -621.4% | $-17.24 Billion | $2.77 Billion | $10.14 Billion | $27.38 Billion | ▲ +182.8 pp |
| 2000 | -804.2% | $-19.80 Billion | $2.46 Billion | $8.22 Billion | $28.02 Billion | ▲ +87.1 pp |
| 1999 | -891.3% | $-19.38 Billion | $2.17 Billion | $4.66 Billion | $24.04 Billion | ▲ +15.8 pp |
| 1998 | -907.1% | $-17.60 Billion | $1.94 Billion | $5.99 Billion | $23.59 Billion | ▲ +87.0 pp |
| 1997 | -994.1% | $-17.29 Billion | $1.74 Billion | $4.06 Billion | $21.34 Billion | ▲ +0.2 pp |
| 1996 | -994.4% | $-15.35 Billion | $1.54 Billion | $3.35 Billion | $18.71 Billion | ▲ +24.0 pp |
| 1995 | -1018.4% | $-14.79 Billion | $1.45 Billion | $2.88 Billion | $17.67 Billion | ▼ -17.1 pp |
| 1994 | -1001.3% | $-12.82 Billion | $1.28 Billion | $3.06 Billion | $15.88 Billion | ▼ -106.9 pp |
| 1993 | -894.4% | $-10.30 Billion | $1.15 Billion | $3.98 Billion | $14.28 Billion | ▲ +45.1 pp |
| 1992 | -939.5% | $-9.49 Billion | $1.01 Billion | $3.49 Billion | $12.99 Billion | ▲ +194.6 pp |
| 1991 | -1134.1% | $-9.31 Billion | $820.70 Million | $2.35 Billion | $11.66 Billion | ▲ +63.5 pp |
| 1990 | -1197.6% | $-8.49 Billion | $708.50 Million | $2.08 Billion | $10.57 Billion | ▲ +162.0 pp |
| 1989 | -1359.7% | $-8.04 Billion | $591.20 Million | $1.65 Billion | $9.69 Billion | — |