stockrowNatWest Group plc
NatWest Group plc’s revenue for fiscal 2025 (year ended December 2025) was $38.9 billion, up 6.42% from fiscal 2024.
- Revenue
- +12.9%
- EPS
- +40.5%
- Free cash flow
- −47.4%
- Total debt
- −8.24%
Quarter to September 2026, against a year earlier
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NatWest Group plc (NWG) Debt to equity
NatWest Group plc's debt to equity at the end of the quarter to 30 September 2026 was 0.1×, down 0.0× from fiscal 2025 (0.1×). Over the past ten years it has ranged from 0.1× (fiscal 2025) to 0.9× (fiscal 2016) — the current reading is the lowest in ten years. That is below the Banks Regional industry median of 0.2× and below the Financial sector median of 0.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.1× | (7.77%) |
| FY2024 | 0.2× | 1.37% |
| FY2023 | 0.2× | (10.38%) |
| FY2022 | 0.2× | (14.93%) |
| FY2021 | 0.2× | (29.98%) |
| FY2020 | 0.3× | 25.67% |
| FY2019 | 0.2× | 1.10% |
| FY2018 | 0.2× | (74.30%) |
| FY2017 | 0.9× | (6.66%) |
| FY2016 | 0.9× | 0.29% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 0.1× | (16.79%) |
| Jun 2026 | 0.2× | (0.92%) |
| Mar 2026 | 0.2× | 5.04% |
| Sep 2025 | 0.1× | 1.19% |
| 34 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| NWG NatWest Group plc | 0.1× |
| NU Nu Holdings Ltd. compare | 0.4× |
| FITB Fifth Third Bancorp compare | 0.5× |
| USB U.S. Bancorp compare | 0.8× |
| TFC Truist Financial Corporation compare | 0.9× |
| PNC The PNC Financial Services Group, Inc compare | 1.3× |
| DB Deutsche Bank Aktiengesellschaft compare | 1.4× |
| LYG Lloyds Banking Group PLC compare | 2.2× |
| KB KB Financial Group Inc compare | 2.5× |
| Banks Regional industry median | 0.2× |
| Financial sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NWG
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement