Northern Trust Gross Margin 2010-2024 | NTRS
- Northern Trust average gross margin for 2023 was 66.01%, a 30.7% decline from 2022.
- Northern Trust average gross margin for 2022 was 95.25%, a 3.91% decline from 2021.
- Northern Trust average gross margin for 2021 was 99.13%, a 6.09% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.