NTRS vs. TROW: Northern Trust vs. T. Rowe Price Stock Comparison
How do Northern Trust (NTRS) and T. Rowe Price (TROW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Northern Trust (NTRS) and T. Rowe Price (TROW) are both classified in the Asset Management & Custody Banks sub-industry within the broader Capital Markets industry, placing them in the closest GICS peer bucket.
| Profile Item | NTRS | TROW |
|---|---|---|
| Name | Northern Trust Corporation | T. Rowe Price Group Inc. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Asset Management & Custody Banks | Asset Management & Custody Banks |
| Market Capitalization | 31.29 billion USD | 23.13 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | March 17, 1980 | April 2, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Total Return (1Y) | 39.45% | 14.59% |
| Total Return (3Y, Annualized) | 40.68% | 11.26% |
| Total Return (5Y, Annualized) | 11.05% | -8.60% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Volatility (1Y, Annualized) | 24.90% | 24.99% |
| Beta (5Y) | 1.18 | 1.39 |
| Max Drawdown (5Y) | -50.03% | -57.57% |
| Avg. Volume (3M) | 1.11M | 1.72M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.41 | 0.41 |
| Sortino Ratio (1Y) | 2.17 | 0.58 |
Profitability
ROE (TTM)
Both Northern Trust (NTRS) at 18.44% and T. Rowe Price (TROW) at 18.20% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
NTRS
Financial Services industry group
18.44%
- Max
- 44.78%
- Q3
- 21.85%
- NTRS
- 18.44%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
TROW
Financial Services industry group
18.20%
- Max
- 44.78%
- Q3
- 21.85%
- TROW
- 18.20%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
T. Rowe Price (TROW) at 28.40% retains a top-quartile share of revenue as profit, ahead of Northern Trust (NTRS) at 26.00%, which keeps about the industry-typical share.
NTRS
Financial Services industry group
26.00%
- Max
- 62.84%
- Q3
- 28.05%
- NTRS
- 26.00%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
TROW
Financial Services industry group
28.40%
- Max
- 62.84%
- TROW
- 28.40%
- Q3
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Northern Trust (NTRS) at 34.80% and T. Rowe Price (TROW) at 38.60% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
NTRS
Financial Services industry group
34.80%
- Max
- 107.33%
- Q3
- 55.90%
- NTRS
- 34.80%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
TROW
Financial Services industry group
38.60%
- Max
- 107.33%
- Q3
- 55.90%
- TROW
- 38.60%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | NTRS | TROW |
|---|---|---|
| ROE (TTM) | 18.44% | 18.20% |
| ROA (TTM) | 1.44% | 10.67% |
| Net Margin (TTM) | 26.00% | 28.40% |
| Operating Margin (TTM) | 34.80% | 38.60% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
T. Rowe Price (TROW) at 3.12% is around its peer norm for revenue growth, while Northern Trust (NTRS) at -2.46% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Northern Trust (NTRS) at -10.54% and T. Rowe Price (TROW) at 0.98% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Revenue Growth (YoY) | -2.46% | 3.12% |
| Revenue Growth (3Y CAGR) | 6.15% | 4.08% |
| EPS Growth (YoY) | -10.54% | 0.98% |
| EPS Growth (3Y CAGR) | 12.49% | 11.31% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Northern Trust (NTRS) in Financial Services and T. Rowe Price (TROW) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Northern Trust (NTRS) in Financial Services and T. Rowe Price (TROW) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
T. Rowe Price (TROW) at 4.76% delivers top-quartile income for its industry, while Northern Trust (NTRS) at 1.91% pays a more typical yield — both are credible income propositions, TROW the richer one.
NTRS
Financial Services industry group
1.91%
- Max
- 9.77%
- Q3
- 3.92%
- NTRS
- 1.91%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
4.76%
- Max
- 9.77%
- TROW
- 4.76%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Northern Trust (NTRS) at 25.73% and T. Rowe Price (TROW) at 52.33% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
NTRS
Financial Services industry group
25.73%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- NTRS
- 25.73%
- Q1
- 0.00%
- Min
- 0.00%
TROW
Financial Services industry group
52.33%
- Max
- 241.07%
- Q3
- 97.36%
- TROW
- 52.33%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | NTRS | TROW |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 4.76% |
| Dividend Payout Ratio (TTM) | 25.73% | 52.33% |
Valuation
P/E Ratio (TTM)
Both Northern Trust (NTRS) at 13.55 and T. Rowe Price (TROW) at 10.97 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
NTRS
Financial Services industry group
13.55
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- NTRS
- 13.55
- Q1
- 9.68
- Min
- 0.16
TROW
Financial Services industry group
10.97
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- TROW
- 10.97
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
On P/S ratio, both Northern Trust (NTRS) at 3.35 and T. Rowe Price (TROW) at 3.00 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
NTRS
Financial Services industry group
3.35
- Max
- 9.23
- Q3
- 4.57
- NTRS
- 3.35
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
TROW
Financial Services industry group
3.00
- Max
- 9.23
- Q3
- 4.57
- TROW
- 3.00
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
On P/B ratio, both Northern Trust (NTRS) at 2.51 and T. Rowe Price (TROW) at 2.03 are valued close to their industries’ norm against book — neither stands out from peers.
NTRS
Financial Services industry group
2.51
- Max
- 7.79
- Q3
- 3.63
- NTRS
- 2.51
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
TROW
Financial Services industry group
2.03
- Max
- 7.79
- Q3
- 3.63
- TROW
- 2.03
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | NTRS | TROW |
|---|---|---|
| P/E Ratio (TTM) | 13.55 | 10.97 |
| P/S Ratio (TTM) | 3.35 | 3.00 |
| P/B Ratio (MRQ) | 2.51 | 2.03 |
| Free Cash Flow Yield (TTM) | -- | -- |