Northern Income Tax Expense from 2010 to 2024

NTRS Stock  USD 81.41  0.18  0.22%   
Northern Trust Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense will likely drop to about 269 M in 2024. From the period from 2010 to 2024, Northern Trust Income Tax Expense quarterly data regression had mean square error of 14876.4 T and mean deviation of  89,243,774. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-03-31
Previous Quarter
106.5 M
Current Value
32.7 M
Quarterly Volatility
45.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northern Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern main balance sheet or income statement drivers, such as Interest Expense of 5.6 B, Other Operating Expenses of 11.2 B or Operating Income of 995.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.0398 or PTB Ratio of 2.87. Northern financial statements analysis is a perfect complement when working with Northern Trust Valuation or Volatility modules.
  
This module can also supplement Northern Trust's financial leverage analysis and stock options assessment as well as various Northern Trust Technical models . Check out the analysis of Northern Trust Correlation against competitors.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.

Latest Northern Trust's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Northern Trust over the last few years. It is Northern Trust's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Trust's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Northern Income Tax Expense Regression Statistics

Arithmetic Mean365,163,521
Coefficient Of Variation35.93
Mean Deviation89,243,774
Median401,400,000
Standard Deviation131,214,146
Sample Variance17217.2T
Range525.3M
R-Value0.44
Mean Square Error14876.4T
R-Squared0.20
Significance0.1
Slope13,044,892
Total Sum of Squares241040.1T

Northern Income Tax Expense History

2024269 M
2023357.5 M
2022430.3 M
2021464.8 M
2020418.3 M
2019451.9 M
2018401.4 M

About Northern Trust Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Northern Trust income statement, its balance sheet, and the statement of cash flows. Northern Trust investors use historical funamental indicators, such as Northern Trust's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Northern Trust investors may use each financial statement separately, they are all related. The changes in Northern Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Northern Trust's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Northern Trust Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Northern Trust. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense357.5 M269 M

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When determining whether Northern Trust is a strong investment it is important to analyze Northern Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Northern Trust's future performance. For an informed investment choice regarding Northern Stock, refer to the following important reports:
Check out the analysis of Northern Trust Correlation against competitors.
For more information on how to buy Northern Stock please use our How to Invest in Northern Trust guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Northern Trust's price analysis, check to measure Northern Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northern Trust is operating at the current time. Most of Northern Trust's value examination focuses on studying past and present price action to predict the probability of Northern Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Trust's price. Additionally, you may evaluate how the addition of Northern Trust to your portfolios can decrease your overall portfolio volatility.
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Is Northern Trust's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Trust. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Dividend Share
3
Earnings Share
4.53
Revenue Per Share
32.345
Quarterly Revenue Growth
(0.04)
The market value of Northern Trust is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Trust's value that differs from its market value or its book value, called intrinsic value, which is Northern Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Trust's market value can be influenced by many factors that don't directly affect Northern Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.