TOTAL REV $70.77M
TOTAL EXP $70.13M
NET $643.7K

Investment Profile · FY 2019

Northwestern University

Evanston, Illinois · NCAA Division I-FBS · Private nonprofit, 4-year or above · Enrollment 8,244

ZIP 60208 · IPEDS unitid 147767

Revenue Percentile (Division)
69th

Key Financial Metrics · 2019

Total Revenue
$70.77M

Total Expenses
$70.13M

Net Result
$643.7K

Unique Athletes
154

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 98.2%Women’s programs 1.8%

$69.48M
$1.29M

Sport Program Investment

Revenue by sport

Football

$59.51M

Basketball

$9.34M

Golf

$501K

Wrestling

$206.4K

Swimming and Diving

$195.2K

Tennis

$185.7K

Lacrosse

$173.1K

Baseball

$137.2K

Field Hockey

$98.3K

Fencing

$96.6K

Expense by sport

Football

$33.09M

Basketball

$14.37M

Golf

$2.09M

Wrestling

$1.37M

Swimming and Diving

$2.98M

Tennis

$1.92M

Lacrosse

$2M

Baseball

$1.76M

Field Hockey

$1.68M

Fencing

$940.5K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 115 0 $59.51M $33.09M $26.42M
Basketball 2 15 15 $9.34M $14.37M $-5.03M
Golf 8 9 8 $501K $2.09M $-1.59M
Wrestling 28 25 0 $206.4K $1.37M $-1.17M
Swimming and Diving 18 28 36 $195.2K $2.98M $-2.78M
Tennis 22 11 8 $185.7K $1.92M $-1.74M
Lacrosse 11 0 39 $173.1K $2M $-1.83M
Baseball 1 30 0 $137.2K $1.76M $-1.62M
Field Hockey 6 0 26 $98.3K $1.68M $-1.58M
Fencing 5 0 35 $96.6K $940.5K $-843.9K
Soccer 15 28 29 $92.9K $3.25M $-3.16M
Volleyball 26 0 22 $91.4K $2.03M $-1.94M
Softball 16 0 24 $88K $1.79M $-1.7M
Track and Field, X-Country 25 0 25 $55.6K $860K $-804.3K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$459.6K

Athletes Tracked
154

Top Sport Share
Football · 84.1%

Program Count
14

Unique men
115

Unique women
39

Per-sport slots
528

Multi-sport coeff
3.43x

Coed men

Coed women

The program has 154 unique athletes filling 528 sport roster slots — a 3.43x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NCAA Division I-FBS
Sector
Private nonprofit, 4-year or above
Total Enrollment
8,244
Revenue Tier
Above-median (69th pct.)
Peers in Division
127 schools
Peers in Illinois
96 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Rutgers University-New Brunswick NJ $69.73M $0 $-1.04M
Oklahoma State University-Main Campus OK $69.01M $17.3M $-1.76M
University of Pittsburgh-Pittsburgh Campus PA $68.89M $6.2M $-1.88M
University of Mississippi MS $68.85M $-6.48M $-1.93M
University of Missouri-Columbia MO $68.29M $7.76M $-2.48M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $8.6K Athletic revenue per enrolled student
Expense Ratio 99.1% Expenses as % of revenue
Top Sport Share 84.1% Revenue concentration in top program
Division Percentile 69th Revenue rank within NCAA Division I-FBS

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.