NatWest (NWG) EBITDA Margin (2009 - 2026)
NatWest (NWG) posted EBITDA Margin of 46.65% for Q1 2026, up 3.98% on a QoQ basis from 44.87% in Q4 2025, and up 112.0% year-over-year from 22.0% in Q1 2025.
NatWest (NWG) EBITDA Margin (2009 - 2026) Analysis & Trends
NatWest's EBITDA Margin history runs 18 years deep, the most recent figure standing at 46.65% for Q1 2026.
- Quarterly EBITDA Margin rose 112.0% year-over-year to 46.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 46.6% (up 271.0% YoY) and the FY2025 annual result came in at 68.56%, down 1.0% from the prior year.
- EBITDA Margin was 46.65% for Q1 2026 at NatWest, up from 44.87% in the prior quarter.
- Across five years, EBITDA Margin topped out at 50.39% in Q3 2025 and bottomed at 33.63% in Q3 2022.
- A 5-year average of 42.5% and a median of 44.27% in 2025 frame the typical range for EBITDA Margin.
- Peak annual rise in EBITDA Margin reached 1759 bps in 2022, while the deepest fall reached 1318 bps in 2022.
- NatWest's EBITDA Margin stood at 38.46% in 2022, then declined by 8 bps to 35.54% in 2023, then rose by 10 bps to 39.01% in 2024, then increased by 15 bps to 44.87% in 2025, then advanced by 4 bps to 46.65% in 2026.
- Business Quant data shows NWG's EBITDA Margin at 46.65% in Q1 2026, 44.87% in Q4 2025, and 50.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | 258,184.93% |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | 779.48% |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | 167.25% |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | 39.06% |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1,471.89% |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 66.28% |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | 46.65% |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | 76.58% |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 123.92% |
| 10 | Itau Unibanco Holding | 89.22 Bn | 46.51 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.65% |
| Dec 31, 2025 | 44.87% |
| Sep 30, 2025 | 50.39% |
| Jun 30, 2025 | 44.27% |
| Mar 31, 2025 | 45.53% |
| Dec 31, 2024 | 39.01% |
| Sep 30, 2024 | 44.71% |
| Jun 30, 2024 | 46.43% |
| Mar 31, 2024 | 38.27% |
| Dec 31, 2023 | 35.54% |
| Sep 30, 2023 | 38.19% |
| Jun 30, 2023 | 45.49% |
| Mar 31, 2023 | 46.90% |
| Dec 31, 2022 | 38.46% |
| Sep 30, 2022 | 33.63% |
| Jun 30, 2022 | 43.48% |
| Mar 31, 2022 | 40.69% |
| Dec 31, 2021 | 20.87% |
| Sep 30, 2021 | 36.34% |
| Jun 30, 2021 | 56.65% |