NTRS Northern Trust PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: NTRS
- PE Ratio
As of Nov 5, 2025, the NTRS stock has a P/E ratio of 14.87. The calculation is based on the latest EPS of $8.62 and the stock price of $128.19 per share. An increase of 19% has been observed in the PE ratio compared to its average of 12.5 of the past four quarters.
NTRS PE ratio history
The mean historical PE ratio of Northern Trust over the last ten years is 15.52. The current 14.87 price-to-earnings ratio is 4.2% less than the historical average. Analyzing the last ten years, NTRS's PE ratio reached its highest point in the Jun 2017 quarter at 21.94, with a price of $97.21 and an EPS of $4.43. The Mar 2025 quarter saw the lowest point at 9.17, with a price of $98.65 and an EPS of $10.76.
Northern Trust PE ratio by year
Maximum annual increase: 27.5% in 2019
Maximum annual decrease: -38.01% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 10.46 | -36.91% | $102.5 | $9.8 |
| 2023 | 16.58 | 15.38% | $84.38 | $5.09 |
| 2022 | 14.37 | -14% | $88.49 | $6.16 |
| 2021 | 16.71 | -1.71% | $119.61 | $7.16 |
| 2020 | 17 | 6.58% | $93.14 | $5.48 |
| 2019 | 15.95 | 27.5% | $106.24 | $6.66 |
| 2018 | 12.51 | -38.01% | $83.59 | $6.68 |
| 2017 | 20.18 | -1.42% | $99.89 | $4.95 |
| 2016 | 20.47 | 14.42% | $89.05 | $4.35 |
| 2015 | 17.89 | -11.35% | $72.09 | $4.03 |
| 2014 | 20.18 | -1.85% | $67.4 | $3.34 |
| 2013 | 20.56 | 15.57% | $61.89 | $3.01 |
| 2012 | 17.79 | 10.77% | $50.16 | $2.82 |
| 2011 | 16.06 | -20.57% | $39.66 | $2.47 |
| 2010 | 20.22 | 22.69% | $55.41 | $2.74 |
Northern Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 15.61 | 5.26% | $134.6 | $8.62 |
| Jun 2025 | 14.83 | 61.72% | $126.79 | $8.55 |
| Mar 2025 | 9.17 | -12.33% | $98.65 | $10.76 |
| Dec 2024 | 10.46 | -6.27% | $102.5 | $9.8 |
| Sep 2024 | 11.16 | -2.62% | $90.03 | $8.07 |
| Jun 2024 | 11.46 | -41.5% | $83.98 | $7.33 |
| Mar 2024 | 19.59 | 18.15% | $88.92 | $4.54 |
| Dec 2023 | 16.58 | 25.99% | $84.38 | $5.09 |
| Sep 2023 | 13.16 | -0.75% | $69.48 | $5.28 |
| Jun 2023 | 13.26 | -11.36% | $74.14 | $5.59 |
| Mar 2023 | 14.96 | 4.11% | $88.13 | $5.89 |
| Dec 2022 | 14.37 | 23.56% | $88.49 | $6.16 |
| Sep 2022 | 11.63 | -11.15% | $85.56 | $7.36 |
| Jun 2022 | 13.09 | -18.59% | $96.48 | $7.37 |
| Mar 2022 | 16.08 | -3.77% | $116.45 | $7.24 |
NTRS Price vs fair value
NTRS average PE ratio chart
Currently, NTRS's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.
PE comparison
With a price to earnings (P/E) of 14.87, NTRS stands higher than the Financial Services sector, the industry and its peers average. Looking at the Financial Services sector average of 13.73, Northern Trust's price to earnings (P/E) is 8% higher.
NTRS PE vs peers
NTRS's PE ratio is less than its peer stocks JPM and COF, but it is above WFC's and STT's. Northern Trust is currently trading at a higher PE ratio (14.87) than its peers average of 13.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WAFD Washington Federal Inc | 11.41 | $2.37B |
| STT State Street Corp | 12.2 | $32.65B |
| BOKF Bok Financial Corp | 12.75 | $6.77B |
| WFC Wells Fargo & Company | 14.13 | $272.25B |
| NTRS Northern Trust Corp | 14.89 | $24.27B |
| JPM Jpmorgan Chase & Co | 15.4 | $847.88B |
| BK Bank of New York Mellon Corp | 15.51 | $75.71B |
| COF Capital One Financial Corp | 92.95 | $140.64B |
| FLG Flagstar Financial Inc. | N/A | $4.6B |
Frequently asked questions
What is Northern Trust's PE ratio?
The price to earnings ratio for NTRS stock as of Nov 5, 2025, stands at 14.87.
What is the 3-year average PE ratio for Northern Trust (NTRS)?
The 3-year average PE ratio for NTRS stock is 13.72.
What is the 5-year average PE ratio for Northern Trust (NTRS)?
The 5-year average PE ratio for NTRS stock is 14.72.
What is the highest PE ratio for NTRS?
The highest quarterly PE ratio in the last ten years has been 21.94 and it was in the Jun 2017 quarter.
How does the current PE ratio for NTRS compare to its historical average?
NTRS's current price to earnings ratio is 4.2% below its 10-year historical average.
How is NTRS's PE ratio calculated (Northern Trust PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Northern Trust's share price is $128.19. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $8.62. Therefore, Northern Trust's price to earnings ratio for today is 14.87. PE RATIO(14.87) = STOCK PRICE($128.19) / TTM EPS($8.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.