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 September 13, 2026. Differences are shown without an overall score or investment verdict.
NTRS
Northern Trust Corporation
$173.40Financial ServicesDelayed quote: Sep 22, 2026, 4:00 PM EDT
RJF
Raymond James Financial, Inc.
$159.39Financial ServicesDelayed quote: Sep 22, 2026, 4:00 PM EDT
Total return — NTRS vs RJF
growth of $100 · dividends reinvested · last 10yNTRS +263.4% (+13.8%/yr)RJF +434.4% (+18.2%/yr)RJF compounded faster over this window
NTRS RJF
NTRS vs RJF: by the numbers
- •NTRS is the larger company ($31.72B vs $30.62B market cap).
- •RJF trades at the lower trailing earnings multiple (13.88 vs 14.88 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 (1.69% vs 1.22%).
Metrics side by side
Valuation
| Metric | NTRS | RJF |
|---|---|---|
| P/E ratio | 14.88 | 13.88 |
| Forward P/E | 15.11 | 13.12 |
| P/S ratio | 2.09 | 1.81 |
| P/B ratio | 2.37 | 2.41 |
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% |
Dividends
| Metric | NTRS | RJF |
|---|---|---|
| Dividend yield | 1.69% | 1.22% |
| Payout ratio | 27.47% | 18.47% |
Growth (annualized)
| Metric | NTRS | RJF |
|---|---|---|
| Revenue CAGR (5Y) | 19.50% | 13.02% |
| EPS CAGR (5Y) | 9.91% | 21.61% |
| Total return CAGR (5Y) | 14.29% | 15.53% |
Frequently asked
- Which has the lower trailing P/E, NTRS or RJF?
- RJF has the lower trailing P/E: NTRS trades at 14.88 and RJF at 13.88. 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 1.69% and RJF yields 1.22% 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 13.67% and RJF delivered 18.02% 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 growth
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 September 13, 2026.