US stock · Financial Services sector · Asset Management
N
Northern Trust Corporation
NTRS
NASDAQ74.83
USD
+0.37
(+0.50%)
Market Closed
12.16P/E
11Forward P/E
0.50P/E to S&P500
15.590BMarket CAP
3.96%Div Yield
Upcoming Earnings
18 Jul-24 Jul
Shares Short
5/31/23
3.89M
Short % of Float
2.15%
Short % of Shares Outs.
1.87%
% Held by Insiders
0.61%
% Held by Institutions
85.01%
Beta
1.08
PEG Ratio
3.39
52w. high/low
104.57/69.54
Avg. Daily Volume
1.33M
Return %
Stock
S&P 500
1 year
(27.44)
9.18
3 years
(16.22)
34.24
5 years
(29.81)
55.11
Scale: |
High
Low
88.92
33.88
66.08
43.32
59.36
45.30
56.86
33.20
50.46
39.86
62.02
49.27
70.84
58.30
79.25
61.10
90.96
54.38
101.45
81.92
115.61
75.96
110.48
81.75
109.88
60.67
126.73
88.20
135.15
76.15
100.25
69.54
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
15.97
19.32
16.08
15.07
15.62
14.00
14.73
15.93
17.68
19.05
20.62
23.40
24.70
25.62
31.03
32.46
32.58
Earnings per share
3.31
3.59
3.67
2.77
2.50
2.86
3.06
3.44
4.19
4.54
5.25
6.97
6.96
5.81
7.42
6.41
5.88
FCF per share
2.86
2.47
2.97
1.98
3.66
2.09
1.90
2.23
6.03
4.55
5.47
5.65
9.29
6.42
4.04
11.48
4.35
Dividends per share
1.00
1.12
1.30
1.13
1.13
1.47
0.92
1.28
1.50
1.57
1.78
2.02
2.69
3.03
3.00
3.60
3.85
CAPEX per share
1.15
1.39
1.33
1.29
1.54
1.30
1.61
1.74
1.87
2.08
2.07
2.27
2.80
2.69
2.47
- -
2.76
Book Value per sh.
20.53
28.85
26.80
28.22
29.48
31.31
33.07
35.83
37.48
42.93
44.76
47.09
51.70
56.11
57.68
54.05
53.93
Comm.Shares outs.
220
221
236
242
241
240
239
236
232
228
228
223
215
208
208
208
208
Avg. annual P/E ratio
19.8
18.6
15.0
18.5
18.0
16.0
18.3
18.7
17.1
15.3
17.2
14.7
13.5
14.6
14.9
15.9
12.2
P/E to S&P500
1.1
0.9
0.2
0.9
1.1
1.1
1.1
1.0
0.9
0.7
0.7
0.6
0.6
0.4
0.5
0.7
0.5
Avg. annual div. yield
1.5%
1.7%
2.4%
2.2%
2.5%
3.2%
1.6%
2.0%
2.1%
2.3%
2.0%
2.0%
2.9%
3.6%
2.7%
3.5%
4.4%
Revenue (m)
3,509
4,279
3,787
3,648
3,770
3,367
3,525
3,757
4,107
4,335
4,707
5,221
5,299
5,338
6,465
6,761
6,787
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
31.1%
- -
40.6%
Depreciation (m)
211
220
244
250
265
289
319
336
352
373
422
461
459
500
516
59
423
Net profit (m)
727
795
864
670
604
687
731
812
974
1,033
1,199
1,556
1,492
1,209
1,545
1,336
1,281
Income tax rate
31.5%
37.7%
31.2%
32.4%
31.7%
30.7%
32.0%
31.8%
33.5%
31.9%
26.6%
20.5%
23.2%
25.7%
23.1%
24.4%
23.6%
Net profit margin
20.7%
18.6%
22.8%
18.4%
16.0%
20.4%
20.7%
21.6%
23.7%
23.8%
25.5%
29.8%
28.2%
22.7%
23.9%
19.8%
18.6%
Working capital (m)
7,761
10,697
8,956
(49,592)
(54,354)
(51,047)
(57,169)
(61,355)
(60,915)
(61,241)
(73,855)
(62,478)
14,394
108,968
120,497
8,294
71,631
Long-term debt (m)
3,613
4,623
4,666
4,902
4,537
4,472
5,542
5,075
7,201
8,214
9,275
11,303
10,744
8,601
7,898
12,383
16,205
Equity (m)
4,509
6,389
6,312
6,830
7,117
7,527
7,912
8,449
8,706
9,770
10,216
10,508
11,091
11,688
12,017
11,260
11,588
ROIC
24.9%
15.1%
12.3%
9.1%
8.3%
7.7%
7.4%
7.9%
9.1%
9.0%
10.8%
15.2%
14.1%
0.8%
0.9%
1.3%
1.4%
Return on capital
4.4%
3.3%
2.0%
1.6%
1.3%
1.3%
1.3%
1.2%
1.4%
1.4%
1.4%
2.0%
2.0%
1.1%
1.1%
1.8%
1.8%
Return on equity
16.1%
12.4%
13.7%
9.8%
8.5%
9.1%
9.2%
9.6%
11.2%
10.6%
11.7%
14.8%
13.5%
10.3%
12.9%
11.9%
11.1%
Plowback ratio
69.8%
68.8%
64.5%
59.2%
54.7%
48.5%
69.8%
62.7%
64.2%
65.5%
66.1%
71.0%
61.4%
47.9%
59.5%
43.8%
37.3%
Div.&Repurch./FCF
69.0%
57.7%
151.2%
58.3%
39.9%
102.9%
116.7%
148.8%
60.3%
74.0%
74.5%
109.1%
84.1%
99.5%
106.2%
32.8%
88.8%
Capital Structure
2 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 2,071
Total assets
$ 151,108
Long-term debt
$ 16,205
Cash and equiv.
$ 45,703
Goodwill
$ 695
Retained earnings
$ 13,958
Common stock
208
Enterprise Value
$ (13,907)
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
83,458
83,215
73,326
Receivables
1,172
1,952
1,698
Inventory
- -
- -
- -
Other
24,339
40,653
(84,370)
Current assets
108,968
120,497
8,294
Acc. Payable
- -
- -
- -
Debt due
- -
- -
- -
Other
- -
- -
- -
Current liabilities
- -
- -
- -
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
4.59%
6.98%
7.65%
Cash flow
184.50%
43.11%
38.87%
Earnings
(13.54)%
(2.21)%
8.23%
Dividends
20.01%
14.03%
15.10%
Book value
(6.30)%
1.86%
4.10%
Insider Trading
Type
Shares
Date
Smith David Byron Jr
Gift
2,700
04/28/23
Tribbett Charles A
Award
51
04/25/23
Tribbett Charles A
Award
1,855
04/25/23
Thompson Donald
Award
51
04/25/23
Thompson Donald
Award
1,855
04/25/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
1,387
1,362
1,634
1,667
6,050
2022
1,719
1,769
1,755
1,519
6,761
2023
1,745
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
1.80
1.77
1.90
1.95
7.42
2022
1.87
1.90
1.90
0.75
6.41
2023
1.61
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.72
0.78
0.72
0.78
3.00
2022
0.72
0.78
0.72
1.60
3.82
2023
0.75
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Asset Management
CEO:
Mr. Michael Gerard O'Grady
Full-time employees:
23,800
City:
Chicago
Address:
50 South La Salle Street
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide. It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services. This segment serves corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, sovereign wealth funds, and other institutional investors. The Wealth Management segment offers trust, investment management, custody, and philanthropic; financial consulting; guardianship and estate administration; family business consulting; family financial education; brokerage services; and private and business banking services. This segment serves high-net-worth individuals and families, business owners, executives, professionals, retirees, and established privately held businesses. The company also provides asset management services, such as active and passive equity; active and passive fixed income; cash management; alternative asset classes comprising private equity and hedge funds of funds; and multi-manager advisory services and products through separately managed accounts, bank common and collective funds, registered investment companies, exchange traded funds, non-U.S. collective investment funds, and unregistered private investment funds. In addition, it offers overlay and other risk management services. Northern Trust Corporation was founded in 1889 and is headquartered in Chicago, Illinois.