Company / Income Tax
Northern Trust Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$602.6M
FY2025
5-year range
$357.5M / $628.4M
FY2021-FY2025
Trend
-4.1%
vs FY2024
Sector context
#45 of 392
Financials
What the data says
Northern Trust's income tax of $603M is higher than 89% of companies in the Financials sector (FY2025). Income Tax has fluctuated over the past 10 years, ranging from $358M in FY2023 to $628M in FY2024.
Based on SEC 10-K filings.
$603M in FY2025 with a 5-year CAGR of +7.6%. Top quartile in the Financials sector.
Increased from $358M to $603M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +11.9%
- 5-Year CAGR
- +7.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in FinancialsTop 89% of 392This company $602.6M Sector average $321.5M
▼
+87.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +7.6%, indicating consistent growth.
- In FY2025, income tax decreased 4.1% year-over-year.
- Ranks #45 out of 392 companies in the Financials sector.
- Peak income tax was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.16 (distress zone, below 1.8 threshold)
- Strong profit margin: 21.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $602.6M | -4.1% |
| FY2024 | $628.4M | +75.8% |
| FY2023 | $357.5M | -16.9% |
| FY2022 | $430.3M | -7.4% |
| FY2021 | $464.8M | +11.1% |
| FY2020 | $418.3M | -7.4% |
| FY2019 | $451.9M | +12.6% |
| FY2018 | $401.4M | -7.7% |
| FY2017 | $434.9M | -10.3% |
| FY2016 | $484.6M | -1.3% |
As of FY2025 · SEC 10-K · Updated Mar 15, 2026