NatWest (NWG) Debt to Equity (2018 - 2026)

NatWest has reported Debt to Equity for 9 years, with the latest figure at $1.61 in Q1 2026.

• For the quarter ending Q1 2026, Debt to Equity rose 8.06% year-over-year to $1.61; the trailing twelve-month figure through Mar 2026 stood at $1.61 (up 8.06% YoY), and the FY2025 full-year result was $1.59, up 2.22% from the prior year.
• Debt to Equity for Q1 2026 stood at $1.61, up from $1.59 in the prior quarter.
• The five-year high for Debt to Equity was $1.65 in Q3 2024, with the low at $1.22 in Q1 2022.
• Historically, Debt to Equity has averaged $1.5 across 5 years, with a median of $1.55 in 2024.
• Annual changes were most pronounced in 2023 — Debt to Equity gained 29.76% — and 2025, when it retreated 8.16%.
• NatWest's Debt to Equity stood at $1.35 in 2022, then grew by 10.09% to $1.48 in 2023, then advanced by 4.8% to $1.55 in 2024, then gained by 2.22% to $1.59 in 2025, then grew by 1.36% to $1.61 in 2026.
• The last three Debt to Equity figures came in at $1.61 (Q1 2026), $1.59 (Q4 2025), and $1.6 (Q3 2025), per Business Quant data.