Northern Financial Statements
NASDAQ: NTRSFinancial ServicesAsset ManagementUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Northern revenue and earnings
In fiscal 2025, Northern generated $8.09 billion in revenue, down 2.5% from fiscal 2024, its first annual decline since 2010. Net income was $1.74 billion (-14.5% year over year), for a net margin of 21.5% versus a median of 19.8% in the prior 5 years. Diluted earnings per share came in at $8.74, down from $9.77.
Over the last 5 fiscal years, NTRS's revenue has grown at a 5.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Northern income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.09B | 8.29B | 6.77B | 6.76B | 6.46B | 6.10B | 6.07B | 5.96B | 5.38B | 4.96B |
| Revenue growth (YoY) | -2.46% | +22.39% | +0.18% | +4.59% | +5.96% | +0.46% | +1.89% | +10.88% | +8.33% | +5.51% |
| Operating Expenses | 5.75B | 5.63B | 5.28B | 4.98B | 4.54B | 4.35B | 4.14B | 4.02B | 3.77B | 3.47B |
| Interest Expense | 6.21B | 7.59B | 5.34B | 990.50M | 23.80M | 200.30M | 822.00M | 698.70M | 340.20M | 182.00M |
| Pretax Income | 2.34B | 2.66B | 1.46B | 1.77B | 2.01B | 1.63B | 1.94B | 1.96B | 1.63B | 1.52B |
| Income Tax | 602.60M | 628.40M | 357.50M | 430.30M | 464.80M | 418.30M | 451.90M | 401.40M | 434.90M | 484.60M |
| Net Income | 1.74B | 2.03B | 1.11B | 1.34B | 1.55B | 1.21B | 1.49B | 1.56B | 1.20B | 1.03B |
| Net Income growth (YoY) | -14.48% | +83.43% | -17.12% | -13.54% | +27.78% | -18.96% | -4.12% | +29.81% | +16.13% | +6.03% |
| EPS (Basic) | 8.78 | 9.80 | 5.09 | 6.16 | 7.16 | 5.48 | 6.66 | 6.68 | 4.95 | 4.35 |
| EPS (Diluted) | 8.74 | 9.77 | 5.08 | 6.14 | 7.14 | 5.46 | 6.63 | 6.64 | 4.92 | 4.32 |
| Shares Outstanding (Basic) | 191.36M | 201.26M | 207.25M | 208.31M | 208.08M | 208.32M | 214.53M | 223.15M | 228.26M | 227.58M |
| Shares Outstanding (Diluted) | 192.25M | 201.87M | 207.56M | 208.87M | 208.90M | 209.01M | 215.60M | 224.49M | 229.65M | 229.15M |
| Net Margin | 21.48% | 24.50% | 16.35% | 19.76% | 23.90% | 19.82% | 24.57% | 26.11% | 22.31% | 20.81% |
This table shows 10 annual periods of Northern's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow NTRS's reporting calendar. What is a income statement?