NatWest Group plc (LON: NWG)

NatWest Group Income Statement

Financials in millions GBP. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	25,473	13,156	10,512	10,796	14,253
Revenue Growth (YoY)	93.62%	25.15%	-2.63%	-24.25%	6.84%
Gross Profit	25,473	13,156	10,512	10,796	14,253
Selling, General & Admin	1,606	1,641	2,026	1,535	2,828
Other Operating Expenses	-2,213	5,661	5,732	5,242	4,177
Operating Expenses	2,213	7,302	7,758	6,777	7,005
Operating Income	-359	7,659	4,264	-289	3,971
Interest Expense	3,441	2,795	1,699	2,322	3,328
Interest & Investment Income	21,026	12,637	9,313	10,071	11,375
Other Expense / Income	11,156	12,637	7,614	7,811	8,047
Pretax Income	6,187	5,132	4,032	-351	4,232
Income Tax	1,434	1,275	996	83	432
Net Income	4,636	3,589	3,268	-434	3,539
Net Income Growth	29.17%	9.82%	-	-	63.92%
Shares Outstanding (Basic)	9,164	9,872	10,021	11,231	11,205
Shares Change	-7.15%	-1.33%	-10.40%	-0.06%	0.34%
EPS (Basic)	0.48	0.34	0.29	-0.04	0.32
EPS (Diluted)	0.48	0.34	0.29	-0.04	0.31
EPS Growth	41.18%	17.24%	-	-	63.16%
Free Cash Flow	-14,921	-44,236	52,786	28,719	-4,252
Free Cash Flow Per Share	-1.62	-4.46	5.25	2.56	-0.38
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	-1.41%	58.22%	40.56%	-2.68%	27.86%
Profit Margin	18.20%	27.28%	31.09%	-4.02%	24.83%
Free Cash Flow Margin	-58.58%	-336.24%	502.15%	266.02%	-29.83%
Effective Tax Rate	23.18%	24.84%	24.70%	-	10.21%
EBITDA	575	8,492	5,187	502	5,147
EBITDA Margin	2.26%	64.55%	49.34%	4.65%	36.11%
Depreciation & Amortization	934	833	923	914	1,489
EBIT	-359	7,659	4,264	-412	3,658
EBIT Margin	-1.41%	58.22%	40.56%	-3.82%	25.66%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.