NatWest Group plc (NWG) EBITDA Margin (2009 - 2026)
NatWest's EBITDA Margin came in at -25.00% for Q2 2026, up 19.49 percentage points from -44.49% a year earlier and up 4.23 percentage points from the prior quarter.
Powered by 
Analysis
NatWest Group plc (NWG) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NatWest reported EBITDA Margin of -29.62%, up 21.41 percentage points year-over-year; for FY2025, it was -24.08%, up 21.21 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -27.80 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was -45.29% in FY2024 (-25.87 pp), -19.42% in FY2023 (-43.52 pp), 24.10% in FY2022 (-6.24 pp) and 30.34% in FY2021 (+26.62 pp).
- The Q2 2026 figure represents the highest quarterly EBITDA Margin since Q2 2023.
- Year-over-year, EBITDA Margin has increased for seven consecutive quarters, with an average year-over-year change of +15.05 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2025 (a gain of 26.26 percentage points), and the weakest in Q1 2024 (a drop of 67.72 percentage points).
- Business Quant data shows NWG's EBITDA Margin at -29.23% (Q1 2026), -33.79% (Q4 2025) and -30.68% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 273.31% |
| Mar 31, 2026 | -29.23% |
| Dec 31, 2025 | -33.79% |
| Sep 30, 2025 | -30.68% |
| Jun 30, 2025 | -44.49% |
| Mar 31, 2025 | -43.79% |
| Dec 31, 2024 | -60.05% |
| Sep 30, 2024 | -56.54% |
| Jun 30, 2024 | -55.04% |
| Mar 31, 2024 | -67.54% |
| Dec 31, 2023 | -65.34% |
| Sep 30, 2023 | -51.20% |
| Jun 30, 2023 | -16.70% |
| Mar 31, 2023 | 0.18% |
| Dec 31, 2022 | 0.76% |
| Sep 30, 2022 | 5.73% |
| Jun 30, 2022 | 20.77% |
| Mar 31, 2022 | 20.74% |
| Dec 31, 2021 | 4.46% |
| Sep 30, 2021 | 13.14% |
API Access
NatWest Group plc EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NWG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();