Northern Trust (LTS:0K91) Tax Rate % : 26.12% (As of Mar. 2024)

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What is Northern Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Northern Trust's Tax Expense for the three months ended in Mar. 2024 was $76 Mil. Northern Trust's Pre-Tax Income for the three months ended in Mar. 2024 was $291 Mil. Therefore, Northern Trust's Tax Rate % for the quarter that ended in Mar. 2024 was 26.12%.

Northern Trust Tax Rate % Historical Data

The historical data trend for Northern Trust's Tax Rate % 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.

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Northern Trust Tax Rate % Chart

Northern Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.24

25.70

23.12

24.36

24.41

Northern Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.64	24.71	24.52	22.43	26.12

Northern Trust Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Northern Trust's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	357.5	/	1464.8
	=	24.41 %

Northern Trust's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	75.9	/	290.6
	=	26.12 %

Northern Trust Tax Rate % Related Terms

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Northern Trust (LTS:0K91) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern Trust Corp (LTS:0K91) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NTRSO.PFD:USA NTRS:USA NT4:Germany N1TR34:Brazil

Address

50 South La Salle Street, Chicago, IL, USA, 60603

Website

https://www.northerntrust.com

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 Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.

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