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) Price to free cash flow
As of 5 November 2026, NatWest Group plc (NWG) trades at a price to free cash flow of 3.6×. Over the past ten years it has ranged from 0.0× (June 2020) to 4.4× (August 2026); the current reading is higher than 97% of that period. That is below the Banks Regional industry median of 10.6× and below the Financial sector median of 9.7×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 3.0× | 318.63% |
| FY2024 | 0.7× | 70.74% |
| FY2023 | 0.4× | 7.07% |
| FY2022 | 0.4× | (14.35%) |
| FY2021 | 0.5× | (19.06%) |
| FY2020 | 0.6× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 4.1× | 63.93% |
| Mar 2026 | 2.5× | 4.39% |
| Sep 2025 | 2.4× | 197.15% |
| Mar 2025 | 0.8× | 23.76% |
| 30 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| NU Nu Holdings Ltd. compare | n/m |
| DB Deutsche Bank Aktiengesellschaft compare | 1.2× |
| LYG Lloyds Banking Group PLC compare | 2.0× |
| NWG NatWest Group plc | 3.6× |
| USB U.S. Bancorp compare | 7.5× |
| KB KB Financial Group Inc compare | 9.4× |
| PNC The PNC Financial Services Group, Inc compare | 11.6× |
| TFC Truist Financial Corporation compare | 13.2× |
| FITB Fifth Third Bancorp compare | 18.3× |
| Banks Regional industry median | 10.6× |
| Financial sector median | 9.7× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement