Northern (NTRS) Ratios
Northern Ratios
MX:NTRS's free cash flow for Q3 2026 was $1.67B. For the 2026 fiscal year, MX:NTRS's free cash flow was decreased by $-157.40M and operating cash flow was $1.82B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.41 | 0.45 | 0.54 | 0.60 | 0.68 |
| Quick Ratio | 0.41 | 0.45 | 0.54 | 0.60 | 0.68 |
| Cash Ratio | 0.39 | 0.36 | 0.34 | 0.37 | 0.43 |
| Solvency Ratio | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Operating Cash Flow Ratio | 0.04 | -0.00 | 0.02 | 0.02 | 0.01 |
| Short-Term Operating Cash Flow Coverage | 0.43 | -0.19 | 0.69 | 0.97 | 1.31 |
| Net Current Asset Value | $ -100.39B | $ -86.14B | $ -73.74B | $ -67.56B | $ -61.64B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.09 | 0.10 | 0.11 | 0.10 | 0.05 |
| Debt-to-Equity Ratio | 1.27 | 1.25 | 1.45 | 1.32 | 0.70 |
| Debt-to-Capital Ratio | 0.56 | 0.56 | 0.59 | 0.57 | 0.41 |
| Long-Term Debt-to-Capital Ratio | 0.21 | 0.51 | 0.53 | 0.52 | 0.36 |
| Financial Leverage Ratio | 13.67 | 12.16 | 12.67 | 13.77 | 15.30 |
| Debt Service Coverage Ratio | 0.13 | 0.27 | 0.19 | 0.55 | 1.95 |
| Interest Coverage Ratio | 0.38 | 0.35 | 0.27 | 1.78 | 84.46 |
| Debt to Market Cap | 0.64 | 0.78 | 0.99 | 0.81 | 0.31 |
| Interest Debt Per Share | 120.73 | 117.15 | 108.95 | 76.03 | 40.63 |
| Net Debt to EBITDA | -14.37 | -8.71 | -11.35 | -13.70 | -24.21 |
| Profitability Margins | |||||
| Gross Profit Margin | 56.54% | 52.24% | 55.70% | 87.07% | 100.89% |
| EBIT Margin | 16.30% | 16.75% | 12.09% | 22.79% | 30.98% |
| EBITDA Margin | 21.75% | 21.27% | 17.33% | 29.93% | 38.93% |
| Operating Profit Margin | 16.30% | 16.75% | 12.09% | 22.79% | 30.98% |
| Pretax Profit Margin | 16.36% | 16.75% | 12.09% | 22.79% | 30.98% |
| Net Profit Margin | 12.15% | 12.79% | 9.14% | 17.23% | 23.82% |
| Continuous Operations Profit Margin | 12.15% | 12.79% | 9.14% | 17.23% | 23.82% |
| Net Income Per EBT | 74.24% | 76.37% | 75.59% | 75.64% | 76.88% |
| EBT Per EBIT | 100.34% | 100.00% | 100.00% | 100.00% | 100.00% |
| Return on Assets (ROA) | 0.98% | 1.31% | 0.73% | 0.86% | 0.84% |
| Return on Equity (ROE) | 13.40% | 15.88% | 9.31% | 11.87% | 12.86% |
| Return on Capital Employed (ROCE) | 10.90% | 8.75% | 4.76% | 6.17% | 8.77% |
| Return on Invested Capital (ROIC) | 5.04% | 6.15% | 3.20% | 4.30% | 6.45% |
| Return on Tangible Assets | 0.98% | 1.31% | 0.74% | 0.87% | 0.84% |
| Earnings Yield | 6.78% | 9.85% | 6.33% | 7.25% | 6.21% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.00 | 386.27 | 56.99 | 4.56 | 3.32 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 30.78 | 32.38 | 24.13 | 15.49 | 13.28 |
| Asset Turnover | 0.08 | 0.10 | 0.08 | 0.05 | 0.04 |
| Working Capital Turnover Ratio | -0.18 | -0.26 | -0.23 | -0.15 | -0.15 |
| Cash Conversion Cycle | 0.00 | 0.94 | 6.40 | 79.97 | 109.82 |
| Days of Sales Outstanding | 0.00 | 0.94 | 6.40 | 79.97 | 109.82 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 0.00 | 0.94 | 6.40 | 79.97 | 109.82 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 29.51 | -2.41 | 12.67 | 11.48 | 6.52 |
| Free Cash Flow Per Share | 29.11 | -6.12 | 9.41 | 8.01 | 4.04 |
| Dividend Paid and CapEx Coverage Ratio | 7.82 | -0.35 | 1.96 | 1.57 | 1.19 |
| Capital Expenditure Coverage Ratio | 74.78 | -0.65 | 3.89 | 3.31 | 2.63 |
| Operating Cash Flow Coverage Ratio | 0.34 | -0.03 | 0.15 | 0.16 | 0.16 |
| Operating Cash Flow to Sales Ratio | 0.39 | -0.03 | 0.22 | 0.31 | 0.21 |
| Free Cash Flow Yield | 21.31% | -5.97% | 11.15% | 9.05% | 3.38% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 15.54 | 10.46 | 15.79 | 13.80 | 16.11 |
| Price-to-Sales (P/S) Ratio | 1.79 | 1.30 | 1.44 | 2.38 | 3.84 |
| Price-to-Book (P/B) Ratio | 1.98 | 1.61 | 1.47 | 1.64 | 2.07 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 4.69 | -16.75 | 8.97 | 11.05 | 29.60 |
| Price-to-Operating Cash Flow Ratio | 4.63 | -42.45 | 6.66 | 7.70 | 18.35 |
| Price-to-Earnings Growth (PEG) Ratio | -1.51 | 0.11 | -0.91 | -0.99 | 0.53 |
| Enterprise Value Multiple | -6.14 | -2.60 | -3.02 | -5.75 | -14.36 |
| Enterprise Value | -19.09B | -8.77B | -6.33B | -13.35B | -36.27B |
| EV to EBITDA | -6.14 | -2.60 | -3.02 | -5.75 | -14.36 |
| EV to Sales | -1.33 | -0.55 | -0.52 | -1.72 | -5.59 |
| EV to Free Cash Flow | -3.50 | 7.12 | -3.25 | -8.00 | -43.13 |
| EV to Operating Cash Flow | -3.45 | 18.05 | -2.41 | -5.58 | -26.75 |
| Tangible Book Value Per Share | 65.30 | 60.09 | 54.02 | 50.73 | 54.36 |
| Shareholders’ Equity Per Share | 69.10 | 63.54 | 57.41 | 54.05 | 57.75 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.26 | 0.24 | 0.24 | 0.24 | 0.23 |
| Revenue Per Share | 76.25 | 78.88 | 58.46 | 37.21 | 31.18 |
| Net Income Per Share | 9.26 | 10.09 | 5.34 | 6.41 | 7.43 |
| Tax Burden | 0.74 | 0.76 | 0.76 | 0.76 | 0.77 |
| Interest Burden | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.24 | 0.19 | 0.23 | 0.35 | 0.38 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 3.19 | -0.24 | 2.37 | 1.79 | 0.88 |
Currency in USD