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.

Compare

Total returnNTRS vs RJF

growth of $100 · dividends reinvested · last 10y
NTRS +263.4% (+13.8%/yr)RJF +434.4% (+18.2%/yr)RJF compounded faster over this window
100200300400500Start $10020182020202220242026$363$534
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

MetricNTRSRJF
P/E ratio14.8813.88
Forward P/E15.1113.12
P/S ratio2.091.81
P/B ratio2.372.41

Profitability

MetricNTRSRJF
Gross margin59.78%83.54%
Operating margin19.83%28.66%
Net margin14.76%13.62%
ROE16.72%18.16%

Dividends

MetricNTRSRJF
Dividend yield1.69%1.22%
Payout ratio27.47%18.47%

Growth (annualized)

MetricNTRSRJF
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.

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.