NatWest Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2026	FY 2025	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	58,232	70,058	40,899	24,749	31,199	34,436
Market Cap Growth	21.77%	71.30%	65.25%	-20.67%	-9.40%	25.57%
Enterprise Value	-39,473	83,930	55,659	37,621	44,575	50,303
Last Close Price	14.60	17.50	10.17	5.63	6.46	6.58
PE Ratio	7.90	9.65	7.63	4.63	7.95	8.95
PS Ratio	2.71	4.39	2.85	1.75	2.42	2.93
PB Ratio	1.02	1.64	1.04	0.67	0.86	0.82
P/TBV Ratio	1.39	1.67	1.10	0.70	0.88	0.85
P/FCF Ratio	-	10.93	31.27	-1.36	-0.71	0.65
P/OCF Ratio	-	9.91	23.08	-1.42	-0.72	0.64
EV/Sales Ratio	-	5.26	3.88	2.65	3.46	4.28
EV/EBITDA Ratio	-	-	52.61	40.28	53.51	54.50
EV/FCF Ratio	-	13.10	42.55	-2.06	-1.01	0.95
Debt / Equity Ratio	0.22	0.22	0.24	0.24	0.26	0.27
Debt / EBITDA Ratio	-	-	8.93	9.58	11.38	12.43
Debt / FCF Ratio	1.45	1.45	7.23	-0.49	-0.21	0.22
Net Debt / Equity Ratio	0.22	0.22	0.24	0.24	0.26	0.28
Net Debt / EBITDA Ratio	-	-	8.93	9.58	11.38	12.43
Net Debt / FCF Ratio	1.45	1.45	7.23	-0.49	-0.21	0.22
Asset Turnover	0.02	0.02	0.02	0.02	0.02	0.01
Return on Equity (ROE)	14.23%	14.23%	12.36%	12.88%	9.85%	6.65%
Earnings Yield	12.66%	10.36%	13.11%	21.58%	12.58%	11.17%
FCF Yield	-30.02%	9.15%	3.20%	-73.73%	-141.79%	153.28%
Dividend Yield	5.86%	4.54%	5.26%	8.41%	12.16%	3.87%
Payout Ratio	94.26%	43.37%	39.83%	38.76%	95.96%	34.44%
Buyback Yield / Dilution	1.11%	0.83%	6.64%	9.76%	6.58%	5.24%
Total Shareholder Return	6.97%	5.36%	11.90%	18.17%	18.74%	9.11%

Updated Feb 13, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q