Northern Trust annual return on equity
2008
2009
2010
2011
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2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Northern Trust Return on Equity (ROE) Growth & History (NTRS)
Northern Trust's return on equity was 13.49% for fiscal 2025.
View full Northern Trust company overviewNorthern Trust annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.49% | −2.96 pp |
| 2024 | 2024-12-31 | 16.46% | +6.89 pp |
| 2023 | 2023-12-31 | 9.56% | −1.92 pp |
| 2022 | 2022-12-31 | 11.48% | −1.56 pp |
| 2021 | 2021-12-31 | 13.04% | +2.42 pp |
| 2020 | 2020-12-31 | 10.62% | −3.20 pp |
| 2019 | 2019-12-31 | 13.82% | −1.20 pp |
| 2018 | 2018-12-31 | 15.02% | +3.02 pp |
| 2017 | 2017-12-31 | 12.00% | +0.82 pp |
| 2016 | 2016-12-31 | 11.18% | −0.18 pp |
| 2015 | 2015-12-31 | 11.35% | +1.43 pp |
| 2014 | 2014-12-31 | 9.92% | +0.45 pp |
| 2013 | 2013-12-31 | 9.47% | +0.09 pp |
| 2012 | 2012-12-31 | 9.39% | +0.73 pp |
| 2011 | 2011-12-31 | 8.66% | −1.53 pp |
| 2010 | 2010-12-31 | 10.19% | −3.42 pp |
| 2009 | 2009-12-31 | 13.61% | −0.98 pp |
| 2008 | 2008-12-31 | 14.59% | — |
Northern Trust quarterly return on equity
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Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.00% | +2.73 pp |
| Q1 2026 | 2026-03-31 | 4.05% | +1.00 pp |
| Q4 2025 | 2025-12-31 | 3.60% | +0.03 pp |
| Q3 2025 | 2025-09-30 | 3.54% | −0.12 pp |
| Q2 2025 | 2025-06-30 | 3.27% | −3.97 pp |
| Q1 2025 | 2025-03-31 | 3.05% | +1.27 pp |
| Q4 2024 | 2024-12-31 | 3.57% | +2.61 pp |
| Q3 2024 | 2024-09-30 | 3.66% | +0.87 pp |
| Q2 2024 | 2024-06-30 | 7.24% | +4.38 pp |
| Q1 2024 | 2024-03-31 | 1.79% | −1.14 pp |
| Q4 2023 | 2023-12-31 | 0.95% | −0.44 pp |
| Q3 2023 | 2023-09-30 | 2.79% | −0.78 pp |
| Q2 2023 | 2023-06-30 | 2.86% | −0.67 pp |
| Q1 2023 | 2023-03-31 | 2.93% | −0.39 pp |
| Q4 2022 | 2022-12-31 | 1.40% | −2.00 pp |
| Q3 2022 | 2022-09-30 | 3.57% | +0.24 pp |
| Q2 2022 | 2022-06-30 | 3.52% | +0.36 pp |
| Q1 2022 | 2022-03-31 | 3.32% | +0.08 pp |
| Q4 2021 | 2021-12-31 | 3.40% | +1.33 pp |
| Q3 2021 | 2021-09-30 | 3.34% | +0.77 pp |
| Q2 2021 | 2021-06-30 | 3.16% | +0.35 pp |
| Q1 2021 | 2021-03-31 | 3.24% | −0.04 pp |
| Q4 2020 | 2020-12-31 | 2.07% | −1.32 pp |
| Q3 2020 | 2020-09-30 | 2.57% | −0.99 pp |
| Q2 2020 | 2020-06-30 | 2.81% | −0.82 pp |
| Q1 2020 | 2020-03-31 | 3.28% | −0.00 pp |
| Q4 2019 | 2019-12-31 | 3.39% | −0.54 pp |
| Q3 2019 | 2019-09-30 | 3.56% | −0.06 pp |
| Q2 2019 | 2019-06-30 | 3.64% | −0.16 pp |
| Q1 2019 | 2019-03-31 | 3.29% | −0.45 pp |
| Q4 2018 | 2018-12-31 | 3.93% | +0.43 pp |
| Q3 2018 | 2018-09-30 | 3.61% | +0.66 pp |
| Q2 2018 | 2018-06-30 | 3.79% | +1.12 pp |
| Q1 2018 | 2018-03-31 | 3.73% | +0.94 pp |
| Q4 2017 | 2017-12-31 | 3.50% | +0.74 pp |
| Q3 2017 | 2017-09-30 | 2.95% | +0.17 pp |
| Q2 2017 | 2017-06-30 | 2.67% | −0.28 pp |
| Q1 2017 | 2017-03-31 | 2.80% | −0.00 pp |
| Q4 2016 | 2016-12-31 | 2.75% | +0.02 pp |
| Q3 2016 | 2016-09-30 | 2.78% | +0.10 pp |
| Q2 2016 | 2016-06-30 | 2.96% | −0.14 pp |
| Q1 2016 | 2016-03-31 | 2.80% | +0.09 pp |
| Q4 2015 | 2015-12-31 | 2.74% | −0.14 pp |
| Q3 2015 | 2015-09-30 | 2.68% | +0.21 pp |
| Q2 2015 | 2015-06-30 | 3.10% | +0.83 pp |
| Q1 2015 | 2015-03-31 | 2.71% | +0.42 pp |
| Q4 2014 | 2014-12-31 | 2.87% | +0.71 pp |
| Q3 2014 | 2014-09-30 | 2.47% | −0.19 pp |
| Q2 2014 | 2014-06-30 | 2.28% | −0.22 pp |
| Q1 2014 | 2014-03-31 | 2.29% | +0.12 pp |
| Q4 2013 | 2013-12-31 | 2.16% | −0.07 pp |
| Q3 2013 | 2013-09-30 | 2.66% | +0.26 pp |
| Q2 2013 | 2013-06-30 | 2.49% | +0.03 pp |
| Q1 2013 | 2013-03-31 | 2.17% | −0.08 pp |
| Q4 2012 | 2012-12-31 | 2.23% | +0.40 pp |
| Q3 2012 | 2012-09-30 | 2.40% | −0.01 pp |
| Q2 2012 | 2012-06-30 | 2.46% | +0.28 pp |
| Q1 2012 | 2012-03-31 | 2.25% | +0.05 pp |
| Q4 2011 | 2011-12-31 | 1.82% | −0.49 pp |
| Q3 2011 | 2011-09-30 | 2.40% | +0.08 pp |
| Q2 2011 | 2011-06-30 | 2.18% | −0.88 pp |
| Q1 2011 | 2011-03-31 | 2.20% | −0.27 pp |
| Q4 2010 | 2010-12-31 | 2.31% | −0.89 pp |
| Q3 2010 | 2010-09-30 | 2.32% | −0.72 pp |
| Q2 2010 | 2010-06-30 | 3.06% | −1.96 pp |
| Q1 2010 | 2010-03-31 | 2.46% | — |
| Q4 2009 | 2009-12-31 | 3.20% | — |
| Q3 2009 | 2009-09-30 | 3.04% | — |
| Q2 2009 | 2009-06-30 | 5.02% | — |
Northern Trust return on equity trends
Over the last five fiscal years, Northern Trust's return on equity increased from 10.62% to 13.49%, a change of +2.87 percentage points. The latest reported quarter, Q2 2026, shows 6.00%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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