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Northern Trust（NTRS）与Realty Income（O）财务数据对比。点击上方公司名可切换其他公司
Northern Trust的季度营收约是Realty Income的1.5倍（$2.2B vs $1.5B），Northern Trust净利率更高（23.7% vs 19.9%，领先3.8%），Northern Trust同比增速更快（13.8% vs 11.0%），过去两年Northern Trust的营收复合增速更高（37.8% vs 8.6%）
Northern Trust是总部位于美国伊利诺伊州芝加哥的专业金融服务企业，主要服务对象包括各类企业、机构投资者以及超高净值个人客户，是美国规模最大、持续运营历史最悠久的银行机构之一。截至2025年12月末，其管理资产规模达1.8万亿美元，托管资产规模达14.9万亿美元。
Realty Income是一家房地产投资信托企业，投资范围覆盖美国、英国及欧洲其他六个国家的独立单租户商业地产，旗下物业普遍采用三重净租约模式。公司注册地为美国马里兰州，总部位于加利福尼亚州圣迭戈市。
NTRS vs O — 直观对比
营收规模更大
NTRS
是对方的1.5倍
$1.5B
营收增速更快
NTRS
高出2.7%
11.0%
净利率更高
NTRS
高出3.8%
19.9%
两年增速更快
NTRS
近两年复合增速
8.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.5B |
| 净利润 | $525.5M | $296.1M |
| 毛利率 | — | — |
| 营业利润率 | — | 21.7% |
| 净利率 | 23.7% | 19.9% |
| 营收同比 | 13.8% | 11.0% |
| 净利润同比 | 13.0% | 48.3% |
| 每股收益（稀释后） | $2.71 | $0.32 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收NTRSO
| Q1 26 | $2.2B | — | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.2B | $1.3B |
净利润NTRSO
| Q1 26 | $525.5M | — | ||
| Q4 25 | $466.0M | $296.1M | ||
| Q3 25 | $457.6M | $315.8M | ||
| Q2 25 | $421.3M | $196.9M | ||
| Q1 25 | $392.0M | $249.8M | ||
| Q4 24 | $455.4M | $199.6M | ||
| Q3 24 | $464.9M | $269.5M | ||
| Q2 24 | $896.1M | $259.4M |
营业利润率NTRSO
| Q1 26 | — | — | ||
| Q4 25 | 48.5% | 21.7% | ||
| Q3 25 | 49.0% | 23.2% | ||
| Q2 25 | 45.9% | 15.8% | ||
| Q1 25 | 43.0% | 19.3% | ||
| Q4 24 | 48.6% | 16.5% | ||
| Q3 24 | 50.2% | 21.5% | ||
| Q2 24 | — | 20.7% |
净利率NTRSO
| Q1 26 | 23.7% | — | ||
| Q4 25 | 35.6% | 19.9% | ||
| Q3 25 | 36.2% | 21.5% | ||
| Q2 25 | 34.2% | 14.0% | ||
| Q1 25 | 32.3% | 18.1% | ||
| Q4 24 | 37.3% | 14.9% | ||
| Q3 24 | 38.9% | 20.2% | ||
| Q2 24 | 76.8% | 19.4% |
每股收益（稀释后）NTRSO
| Q1 26 | $2.71 | — | ||
| Q4 25 | $2.42 | $0.32 | ||
| Q3 25 | $2.29 | $0.35 | ||
| Q2 25 | $2.13 | $0.22 | ||
| Q1 25 | $1.90 | $0.28 | ||
| Q4 24 | $2.25 | $0.23 | ||
| Q3 24 | $2.22 | $0.30 | ||
| Q2 24 | $4.34 | $0.29 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $434.8M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $13.0B | $39.4B |
| 总资产 | $174.6B | $72.8B |
| 负债/权益比越低杠杆越低 | 0.22× | — |
8季度趋势，按日历期对齐
现金及短期投资NTRSO
| Q1 26 | — | — | ||
| Q4 25 | — | $434.8M | ||
| Q3 25 | — | $417.2M | ||
| Q2 25 | — | $800.4M | ||
| Q1 25 | — | $319.0M | ||
| Q4 24 | — | $445.0M | ||
| Q3 24 | — | $397.0M | ||
| Q2 24 | — | $442.8M |
总债务NTRSO
| Q1 26 | $2.9B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益NTRSO
| Q1 26 | $13.0B | — | ||
| Q4 25 | $13.0B | $39.4B | ||
| Q3 25 | $13.0B | $39.1B | ||
| Q2 25 | $12.9B | $39.2B | ||
| Q1 25 | $12.9B | $39.0B | ||
| Q4 24 | $12.8B | $38.8B | ||
| Q3 24 | $12.7B | $38.5B | ||
| Q2 24 | $12.7B | $38.6B |
总资产NTRSO
| Q1 26 | $174.6B | — | ||
| Q4 25 | $177.1B | $72.8B | ||
| Q3 25 | $170.3B | $71.3B | ||
| Q2 25 | $171.9B | $71.4B | ||
| Q1 25 | $165.1B | $69.8B | ||
| Q4 24 | $155.5B | $68.8B | ||
| Q3 24 | $155.8B | $68.5B | ||
| Q2 24 | $156.8B | $68.1B |
负债/权益比NTRSO
| Q1 26 | 0.22× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $1.2B |
| 自由现金流率自由现金流/营收 | — | 77.6% |
| 资本支出强度资本支出/营收 | — | 3.3% |
| 现金转化率经营现金流/净利润 | — | 4.06× |
| 过去12个月自由现金流最近4个季度 | — | $3.9B |
8季度趋势，按日历期对齐
经营现金流NTRSO
| Q1 26 | — | — | ||
| Q4 25 | $388.4M | $1.2B | ||
| Q3 25 | $525.8M | $943.1M | ||
| Q2 25 | $1.9B | $1.1B | ||
| Q1 25 | $2.7B | $787.5M | ||
| Q4 24 | $-2.6B | $972.0M | ||
| Q3 24 | $611.1M | $841.5M | ||
| Q2 24 | $3.0B | $981.2M |
自由现金流NTRSO
| Q1 26 | — | — | ||
| Q4 25 | $355.6M | $1.2B | ||
| Q3 25 | $509.4M | $909.9M | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $2.7B | $764.6M | ||
| Q4 24 | $-2.7B | $935.8M | ||
| Q3 24 | $585.4M | $807.9M | ||
| Q2 24 | $3.0B | $939.2M |
自由现金流率NTRSO
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | 77.6% | ||
| Q3 25 | 40.3% | 61.9% | ||
| Q2 25 | 150.8% | 73.3% | ||
| Q1 25 | 225.5% | 55.4% | ||
| Q4 24 | -218.9% | 69.8% | ||
| Q3 24 | 48.9% | 60.7% | ||
| Q2 24 | 254.7% | 70.1% |
资本支出强度NTRSO
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 3.3% | ||
| Q3 25 | 1.3% | 2.3% | ||
| Q2 25 | 1.0% | 1.9% | ||
| Q1 25 | 1.0% | 1.7% | ||
| Q4 24 | 3.3% | 2.7% | ||
| Q3 24 | 2.1% | 2.5% | ||
| Q2 24 | 1.8% | 3.1% |
现金转化率NTRSO
| Q1 26 | — | — | ||
| Q4 25 | 0.83× | 4.06× | ||
| Q3 25 | 1.15× | 2.99× | ||
| Q2 25 | 4.44× | 5.39× | ||
| Q1 25 | 7.01× | 3.15× | ||
| Q4 24 | -5.79× | 4.87× | ||
| Q3 24 | 1.31× | 3.12× | ||
| Q2 24 | 3.34× | 3.78× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
NTRS
| Trust, Investment and Other Servicing Fees | $1.3B | 61% |
| Other | $871.8M | 39% |
O
| Product And Service Retail | $900.8M | 61% |
| Other | $531.5M | 36% |
