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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 14, 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	67,903	70,040	40,875	24,757	31,200	37,109
Market Cap Growth	34.28%	71.35%	65.10%	-20.65%	-15.92%	35.57%
Enterprise Value	-	84,439	55,235	37,023	43,489	54,441
Last Close Price	17.04	17.50	10.16	5.63	6.46	6.58
PE Ratio	9.21	9.65	7.63	4.63	7.95	8.95
PS Ratio	3.16	3.26	2.27	1.37	2.01	2.63
PB Ratio	1.18	1.22	0.83	0.52	0.71	0.66
P/TBV Ratio	1.70	1.67	1.10	0.70	0.88	0.85
P/FCF Ratio	-	8.13	24.90	-1.07	-0.58	0.52
P/OCF Ratio	-	7.36	18.38	-1.12	-0.59	0.51
EV/Sales Ratio	-	3.93	3.07	2.05	2.80	3.86
EV/EBITDA Ratio	-	54.41	41.61	31.14	43.15	43.63
EV/FCF Ratio	-	9.80	33.65	-1.59	-0.81	0.76
Debt / Equity Ratio	0.14	0.14	0.16	0.15	0.17	0.20
Debt / EBITDA Ratio	5.31	5.31	5.80	6.12	7.52	9.13
Debt / FCF Ratio	0.96	0.96	4.69	-0.31	-0.14	0.16
Net Debt / Equity Ratio	0.14	0.14	0.16	0.15	0.17	0.20
Net Debt / EBITDA Ratio	5.31	5.31	5.80	6.12	7.52	9.13
Net Debt / FCF Ratio	0.96	0.96	4.69	-0.31	-0.14	0.16
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	10.86%	10.36%	13.11%	21.58%	12.58%	11.17%
FCF Yield	-26.10%	12.30%	4.02%	-93.83%	-171.53%	192.31%
Dividend Yield	5.02%	4.54%	5.26%	8.41%	12.16%	3.87%
Payout Ratio	94.26%	40.73%	37.41%	36.77%	89.15%	30.68%
Buyback Yield / Dilution	4.58%	4.58%	7.63%	7.15%	8.38%	3.51%
Total Shareholder Return	9.60%	9.12%	12.89%	15.56%	20.54%	7.37%

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

SEC Filings: 10-K · 10-Q