Saturday 17 October 2026
Export NWG’s income statement to Excel — free account
NatWest Group plc
In the quarter to June 2026, revenue grew 14.1%, EPS grew 77.8%, free cash flow fell 47.4% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.
17.51
0.04
+0.23%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 13.64 | 19.11 | 0.00 | 12.42 | 11.97 | 6.50 | 9.88 | 11.22 |
Piotroski F-Score |
3 | 7 | 4 | 5 | 4 | 8 | 6 | 4 | 5 | 8 |
P/S ratio |
1.61 | 2.29 | 1.66 | 1.86 | 1.66 | 2.12 | 1.91 | 1.02 | 1.35 | 1.88 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.56 | 0.45 | 0.39 | 0.41 | 0.71 | 2.96 |
P/Operating CF |
(1.02) | (1.36) | (1.01) | (1.16) | (0.80) | (1.03) | (1.02) | (0.74) | (1.26) | (2.10) |
P/B ratio |
0.48 | 0.70 | 0.53 | 0.75 | 0.50 | 0.68 | 0.87 | 0.55 | 0.84 | 1.24 |
Price to Tangible BV |
0.54 | 0.81 | 0.62 | 0.90 | 0.61 | 0.82 | 1.11 | 0.70 | 1.05 | 1.50 |
EV/Sales |
(4.69) | (0.83) | (1.99) | (4.70) | (7.61) | (11.36) | (8.22) | (7.42) | (5.01) | (2.98) |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
3.57 | 0.59 | 1.46 | 19.16 | (2.64) | (2.46) | (1.70) | (3.10) | (2.70) | (5.01) |
EV/FCF |
3.78 | 0.63 | 1.55 | 27.52 | (2.56) | (2.41) | (1.67) | (3.02) | (2.63) | (4.68) |
Quick Ratio |
0.21 | 0.37 | 0.33 | 0.33 | 0.36 | 0.43 | 0.36 | 0.30 | 0.27 | 0.25 |
Current Ratio |
1.06 | 1.16 | 0.97 | 1.04 | 1.06 | 1.07 | 1.08 | 1.06 | 1.06 | 1.04 |
Net Debt/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Assets |
5.84% | 5.86% | 1.52% | 1.38% | 1.58% | 1.08% | 0.87% | 0.82% | 0.87% | 0.86% |
Debt/Equity |
0.94 | 0.88 | 0.23 | 0.23 | 0.29 | 0.20 | 0.17 | 0.15 | 0.16 | 0.14 |
Asset Turnover |
0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.04 | 0.04 |
Operating CF/Net income |
0.52 | 51.52 | (0.14) | (0.99) | (38.64) | 18.20 | (13.05) | (3.97) | 0.39 | 1.29 |
Capex/Depreciation |
(1.74) | (1.15) | (1.16) | (0.14) | (0.08) | (3.75) | 5.88 | 4.19 | (2.07) | (0.84) |
| (12.59%) | 1.49% | 3.46% | 6.80% | (1.73%) | 7.13% | 8.05% | 11.96% | 11.96% | 13.57% | |
| (0.81%) | 0.10% | 0.23% | 0.43% | (0.10%) | 0.39% | 0.42% | 0.62% | 0.65% | 0.78% | |
ROIC |
(58.02%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
(22.85%) | 0.91% | (11.39%) | 16.57% | (2.51%) | 7.59% | 8.28% | 14.19% | 15.79% | 25.55% |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
100.77% | 63.00% | 56.20% | 46.10% | 53.29% | 55.97% | 42.97% | 28.56% | 24.78% | 24.09% |
Intangible Assets out of Total Assets |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(9.88) | (6.78) | (7.61) | (7.09) | (12.73) | (5.09) | (3.75) | (6.45) | (3.69) | (2.26) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.78 | 9.58 | 15.56 | 19.33 | 24.21 |
Earnings Yield |
(14.10%) | (2.74%) | 7.33% | 5.23% | (0.76%) | 8.05% | 8.35% | 15.38% | 10.12% | 8.91% |
Free Cash Flow Yield |
(76.84%) | (57.47%) | (77.44%) | (9.19%) | 179.52% | 221.76% | 258.93% | 241.86% | 141.64% | 33.84% |
Revenue per Share |
3.78 | 3.55 | 3.78 | 4.01 | 3.00 | 3.11 | 4.00 | 6.71 | 8.65 | 9.67 |
Operating CF per Share |
(0.91) | 9.06 | (0.05) | (0.71) | 6.65 | 13.68 | (10.92) | (4.73) | 0.54 | 2.32 |
Capex per Share |
(0.34) | (0.22) | (0.20) | (0.05) | (0.02) | (1.08) | 1.24 | 1.06 | (0.66) | (0.32) |
Free Cash Flow per Share |
(1.25) | 8.85 | (0.25) | (0.76) | 6.63 | 12.60 | (9.69) | (3.67) | (0.12) | 2.00 |
Cash per Share |
23.06 | 41.47 | 39.26 | 35.24 | 44.24 | 63.37 | 47.71 | 40.67 | 42.92 | 43.14 |
Shareholders Equity per Share |
12.33 | 11.48 | 11.13 | 9.93 | 10.02 | 10.65 | 9.15 | 10.10 | 11.91 | 13.96 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
12.33 | 11.48 | 11.13 | 9.93 | 10.02 | 10.65 | 9.15 | 10.10 | 11.91 | 13.96 |
Free Cash Flow |
(6,777.86) | 48,735.97 | (1,420.23) | (4,235.48) | 37,232.15 | 68,011.07 | (47,821.03) | (16,817.53) | (527.77) | 8,042.75 |
Working Capital |
35,038.60 | 99,994.10 | (19,008.90) | 24,137.20 | 38,505.90 | 53,421.30 | 49,873.10 | 38,507.50 | 36,562.00 | 28,280.90 |
Capital Expenditures |
(1,831.01) | (1,193.43) | (1,115.89) | (274.53) | (125.83) | (5,809.80) | 6,104.10 | 4,873.60 | (2,792.21) | (1,283.10) |
Net Current Asset Value |
(372,445.70) | (169,506.80) | (221,167.00) | (239,091.80) | (249,980.60) | (171,689.60) | (148,018.50) | (145,940.50) | (153,782.50) | (150,835.50) |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.09 | 0.06 | 0.05 | 0.01 | 0.01 | 0.35 | (0.31) | (0.16) | 0.08 | 0.03 |
Price to Operating Income |
0.00 | 12.17 | 5.97 | 7.72 | 6.47 | 7.22 | 6.22 | 3.33 | 4.93 | 7.08 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.17 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
(2.65%) | 14.02% | (0.48%) | (1.59%) | 11.60% | 16.55% | (16.58%) | (7.02%) | (0.22%) | 3.38% |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 | 0.03 | 0.03 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
60,049.52 | 79,336.04 | 58,603.00 | 42,744.92 | 71,105.05 | 108,724.24 | 61,476.59 | 16,593.36 | 12,198.38 | 13,815.20 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Payables |
596,660.55 | 571,005.90 | 543,137.85 | 505,251.90 | 539,235.00 | 638,367.00 | 639,102.40 | 573,236.90 | 579,170.70 | 618,237.50 |
Average Assets |
1,164,589.00 | 1,016,812.80 | 938,935.75 | 924,956.70 | 974,897.25 | 1,050,931.50 | 982,975.30 | 876,124.75 | 883,175.00 | 923,507.60 |
Average Common Equity |
74,874.01 | 65,114.15 | 62,662.95 | 58,835.76 | 55,943.34 | 56,876.66 | 51,312.60 | 45,700.03 | 48,289.65 | 53,257.45 |
Columns are period end dates