Northern Trust (LTS:0K91) FCF Margin %: -24.46% (As of Mar. 2026)


LTS:0K91 Northern Trust Corp LTS:0K91
78 GF Score
Price $173.63
GF Value $117.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Northern Trust FCF Margin %?

Northern Trust LTS:0K91 -1.22% 78 FCF Margin % is -24.46% as of Mar. 2026. GuruFocus rates LTS:0K91 with a GF Score™ of 78/100 and a GF Value™ of $117.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,461 Asset Management companies, Northern Trust ranks better than 53.94% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Northern Trust's Free Cash Flow for the three months ended in Mar. 2026 was $-540 Mil. Northern Trust's Revenue for the three months ended in Mar. 2026 was $2,206 Mil. Therefore, Northern Trust's FCF Margin % for the quarter that ended in Mar. 2026 was -24.46%.

As of today, Northern Trust's current FCF Yield % is 5.14%.

The historical rank and industry rank for Northern Trust's FCF Margin % or its related term are showing as below:

LTS:0K91' s FCF Margin % Range Over the Past 10 Years
Min: -14.85   Med: 22.56   Max: 58.86
Current: 19.8


During the past 13 years, the highest FCF Margin % of Northern Trust was 58.86%. The lowest was -14.85%. And the median was 22.56%.

LTS:0K91's FCF Margin % is ranked better than
53.94% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs LTS:0K91: 19.80


Northern Trust FCF Margin % Related Terms


Northern Trust FCF Margin % Historical Data

* Premium members only.

The historical data trend for Northern Trust's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northern Trust FCF Margin % Chart

Northern Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.01 24.68 28.79 -14.85 58.86

Northern Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.29 82.69 17.65 8.64 -24.46

LTS:0K91 vs ARES, RJF, TROW: FCF Margin % Comparison

For the Asset Management subindustry, Northern Trust's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northern Trust FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Northern Trust's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Northern Trust's FCF Margin % falls into.


LTS:0K91
78GF Score
Northern Trust Corp LTS:0K91
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Trust FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Northern Trust's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4759.3/8086.4
=58.86 %

Northern Trust's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-539.5/2205.6
=-24.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of -24.46% mean?
Northern Trust (LTS:0K91) has a FCF Margin % of -24.46% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Northern Trust and its competitors. According to the industry distribution chart, Northern Trust ranks #673 out of 1461 companies in the Asset Management industry, placing it in the top 46.1%.
Is Northern Trust's FCF Margin % too high?
Northern Trust's current FCF Margin % is -24.46%. Based on the distribution chart, Northern Trust ranks #673 out of 1461 companies in the Asset Management industry, which is above the industry midpoint. Overall, Northern Trust has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Trust's FCF Margin % compare to ARES and RJF?
According to the Asset Management industry distribution chart, Northern Trust ranks #673 out of 1461 companies for FCF Margin %. This puts Northern Trust in the upper half of its industry. The industry median FCF Margin % is 14.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Northern Trust and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Trust's current FCF Margin % is -24.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Trust stock overvalued right now?
Based on GuruFocus' analysis, Northern Trust (LTS:0K91) is currently considered Significantly Overvalued. The stock's GF Value™ is $117.42, compared to a current price of $173.63 — trading 47.9% above its estimated fair value. The current FCF Margin % is -24.46%. Northern Trust's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Northern Trust (LTS:0K91), the current FCF Margin % is -24.46% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northern Trust (LTS:0K91) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Trust stock appears to be overvalued. The current stock price of $173.63 is trading 47.9% above its estimated GF Value™ of $117.42. GuruFocus considers Northern Trust to be Significantly Overvalued.

Key valuation signals for LTS:0K91:

  • FCF Margin %: -24.46%
  • GF Value™: $117.42 vs. price of $173.63 (47.9% above fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the LTS:0K91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Trust Business Description

Address 50 South La Salle Street, Chicago, IL, USA, 60603
Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of December 2025, Northern Trust had assets under custody or administration of $18.7 trillion and assets under management of $1.8 trillion.
78GF Score

Get the complete analysis for LTS:0K91

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$173.63
Price
$117.42
GF Value