NatWest (NWG) EBITDA Margin (2009 - 2026)
NatWest (NWG) posted quarterly EBITDA Margin of 20.68% for Q2 2026, down 4142.0% year-over-year from 0.51% in Q2 2025, and down 70.56% on a QoQ basis from 70.24% in Q1 2026.
NatWest (NWG) EBITDA Margin (2009 - 2026) Analysis & Trends
NatWest has reported EBITDA Margin for 18 years, with the latest figure at 20.68% in Q2 2026.
- EBITDA Margin for Q2 2026 came in at 20.68%, down 4142.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 46.65% (down 1033.0% YoY), and the FY2025 annual result was 25.86%, up 522.0% from the prior year.
- EBITDA Margin fell to 20.68% in Q2 2026, from 70.24% in the prior quarter.
- Over five years, EBITDA Margin peaked at 138.76% in Q1 2022 and troughed at 20.68% in Q2 2026.
- A 5-year average of 77.1% and a median of 64.31% in 2023 frame the typical range for EBITDA Margin.
- The widest annual swing landed in 2023, when EBITDA Margin plunged 6405 bps; it then surged 1805 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 118.02% in 2022, then plunged by 51 bps to 58.41% in 2023, then rose by 1 bps to 59.06% in 2024, then gained by 21 bps to 71.35% in 2025, then tumbled by 71 bps to 20.68% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 20.68% in Q2 2026, 70.24% in Q1 2026, and 71.35% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 75.24% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 77.50% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -20.34% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 111.11% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 53.44% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 79.03% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 66.98% |
| 10 | Itau Unibanco Holding | 40.31 Bn | 42.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.68% |
| Mar 31, 2026 | 70.24% |
| Dec 31, 2025 | 71.35% |
| Sep 30, 2025 | 64.52% |
| Jun 30, 2025 | 62.10% |
| Mar 31, 2025 | 59.70% |
| Dec 31, 2024 | 59.06% |
| Sep 30, 2024 | 46.47% |
| Jun 30, 2024 | 51.93% |
| Mar 31, 2024 | 52.66% |
| Dec 31, 2023 | 58.41% |
| Sep 30, 2023 | 64.11% |
| Jun 30, 2023 | 86.65% |
| Mar 31, 2023 | 102.66% |
| Dec 31, 2022 | 118.02% |
| Sep 30, 2022 | 128.15% |
| Jun 30, 2022 | 132.30% |
| Mar 31, 2022 | 138.76% |
| Dec 31, 2021 | 159.84% |
| Sep 30, 2021 | 146.09% |