Northern Trust Corporation (NTRS) vs Raymond James Financial, Inc. (RJF)
A side-by-side comparison of Northern Trust Corporation and Raymond James Financial, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
NTRS
Northern Trust Corporation
$185.50Financial ServicesAt close: Aug 7, 2026, 4:00 PM ET
RJF
Raymond James Financial, Inc.
$176.56Financial ServicesAt close: Aug 7, 2026, 4:00 PM ET
Total return — NTRS vs RJF
growth of $100 · dividends reinvested · last 30yNTRS +2152.6%RJF +8749.8%RJF compounded faster
NTRS RJF
NTRS vs RJF: by the numbers
- •NTRS is the larger company ($33.94B vs $33.92B market cap).
- •RJF trades at the lower trailing earnings multiple (15.38 vs 15.92 P/E), one valuation lens rather than an overall verdict.
- •NTRS converts more revenue to profit (14.76% vs 13.62% net margin).
- •NTRS grew revenue faster over the past five years (19.50% vs 13.02% CAGR).
- •NTRS pays the higher dividend yield (1.73% vs 1.20%).
Metrics side by side
Valuation
| Metric | NTRS | RJF |
|---|---|---|
| P/E ratio | 15.92 | 15.38 |
| Forward P/E | 16.19 | 14.51 |
| P/S ratio | 2.26 | 2.06 |
| P/B ratio | 2.56 | 2.74 |
| PEG ratio | 1.61 | 2.76 |
Profitability
| Metric | NTRS | RJF |
|---|---|---|
| Gross margin | 59.78% | 83.54% |
| Operating margin | 19.83% | 28.66% |
| Net margin | 14.76% | 13.62% |
| ROE | 16.72% | 18.16% |
| ROIC | 5.04% | 15.88% |
Dividends
| Metric | NTRS | RJF |
|---|---|---|
| Dividend yield | 1.73% | 1.20% |
| Payout ratio | 36.41% | 20.13% |
Growth (annualized)
| Metric | NTRS | RJF |
|---|---|---|
| Revenue CAGR (5Y) | 19.50% | 13.02% |
| EPS CAGR (5Y) | 9.91% | 21.61% |
| Total return CAGR (5Y) | 13.31% | 16.26% |
Frequently asked
- Which has the lower trailing P/E, NTRS or RJF?
- RJF has the lower trailing P/E: NTRS trades at 15.92 and RJF at 15.38. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NTRS or RJF?
- Over the past five years, NTRS grew revenue faster — NTRS at a 19.50% CAGR versus RJF at 13.02%.
- Does NTRS or RJF pay a bigger dividend?
- NTRS yields 1.73% and RJF yields 1.20% based on trailing dividends and the latest price.
- Is NTRS or RJF more profitable?
- NTRS runs the higher net margin — NTRS at 14.76% versus RJF at 13.62%.
- How have NTRS and RJF total returns compared?
- Over the past 10 years, NTRS delivered 13.42% and RJF delivered 18.59% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Northern Trust P/E ratioRaymond James Financial P/E ratioNorthern Trust dividend yieldRaymond James Financial dividend yieldNorthern Trust ROERaymond James Financial ROENorthern Trust operating marginRaymond James Financial operating marginNorthern Trust revenue growthRaymond James Financial revenue growthNorthern Trust free cash flowRaymond James Financial free cash flow
Northern Trust & Raymond James Financial appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 8, 2026.