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Northern Trust (LTS:0K91) Net Margin % : 23.62% (As of Sep. 2024)


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What is Northern Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Northern Trust's Net Income for the three months ended in Sep. 2024 was $465 Mil. Northern Trust's Revenue for the three months ended in Sep. 2024 was $1,969 Mil. Therefore, Northern Trust's net margin for the quarter that ended in Sep. 2024 was 23.62%.

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

LTS:0K91' s Net Margin % Range Over the Past 10 Years
Min: 16.35   Med: 21.25   Max: 26.11
Current: 21.44


LTS:0K91's Net Margin % is ranked worse than
73.4% of 1643 companies
in the Asset Management industry
Industry Median: 87.84 vs LTS:0K91: 21.44

Northern Trust Net Margin % Historical Data

The historical data trend for Northern Trust's Net 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.

* Premium members only.

Northern Trust Net Margin % Chart

Northern Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.57 19.82 23.90 19.76 16.35

Northern Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net 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 18.99 7.32 13.04 33.00 23.62

Competitive Comparison of Northern Trust's Net Margin %

For the Asset Management subindustry, Northern Trust's Net Margin %, along with its competitors' market caps and Net 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's Net Margin % Distribution in the Asset Management Industry

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

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



Northern Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Northern Trust's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1107.3/6773.5
=16.35 %

Northern Trust's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=464.9/1968.5
=23.62 %

* 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  (LTS:0K91) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Northern Trust Net Margin % Related Terms

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Northern Trust Business Description

Traded in Other Exchanges
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 September 2024, Northern Trust had assets under custody or administration of $17.4 trillion and assets under management of $1.6 trillion.

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