Stocks Comparison
Northern Trust vs State Street: revenue, profit, margins and growth compared
Northern Trust brought in $8.1B of revenue in fiscal 2025, State Street $13.9B in fiscal 2025. Revenue changed by -2.5% at Northern Trust and +7.3% at State Street on the year before, so State Street grew faster. Northern Trust kept 21.5% of its revenue as net profit, State Street 21.1%. Free cash flow was $5.5B at Northern Trust and $10.8B at State Street.
Side by side, latest fiscal year
| NTRS | STT | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $8.1B | $13.9B |
| Revenue growth | -2.5% | +7.3% |
| Net income | $1.7B | $2.9B |
| Net margin | 21.5% | 21.1% |
| Free cash flow | $5.5B | $10.8B |
| Free cash flow margin | 67.5% | 77.8% |
| Earnings per share (diluted) | $8.74 | $9.40 |
| Cash | $5.9B | $4.4B |
| Debt | n/a | n/a |
| Price to earnings | 20.1 | 19.3 |
| Market value | $32.2B | $49.8B |
| Dividend yield | 1.76% | 1.76% |
| Rank by revenue in sector | #69 of 444 · Finance | #48 of 444 · Finance |
Over the years
Questions about Northern Trust and State Street
Which is bigger by revenue, Northern Trust or State Street?
State Street is bigger by revenue: $13.9B in fiscal 2025, against $8.1B for Northern Trust in fiscal 2025.
Which keeps more of its revenue as profit, Northern Trust or State Street?
Northern Trust had a net margin of 21.5% in fiscal 2025; State Street had 21.1% in fiscal 2025.
Which grew revenue faster, Northern Trust or State Street?
In their latest fiscal years revenue changed by -2.5% at Northern Trust and +7.3% at State Street.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.