NatWest NWG
NYSE NWG
$18.24 -0.02 (-0.11%)
As of: Sep 30, 2026 · 10:07 AM EDT

NatWest (NWG) EBT Margin (2009 - 2026)

Updated

NatWest's EBT Margin was 50.73% in Q2 2026, up 6.46 percentage points from 44.27% a year earlier and up 4.08 percentage points from the prior quarter.

Analysis

NatWest (NWG) EBT Margin (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, NatWest's EBT Margin was 48.19% through Jun 30, 2026, up 4.79 percentage points year-over-year; for FY2025, it came in at 46.32%, up 4.19 percentage points from FY2024.

  • EBT Margin has now increased for five consecutive years, with a five-year change of +51.64 percentage points (FY2020 to FY2025).
  • In earlier years, EBT Margin was 42.13% in FY2024 (+0.26 pp), 41.88% in FY2023 (+2.87 pp), 39.01% in FY2022 (+2.15 pp) and 36.86% in FY2021 (+42.17 pp).
  • The Q2 2026 figure marks the highest quarterly EBT Margin since Q2 2021.
  • Compared with a year earlier, EBT Margin has increased for four straight quarters, with an average year-over-year change of +4.28 percentage points over the last eight quarters.
  • The best year-over-year quarter for EBT Margin over five years was Q3 2021 (a gain of 23.53 percentage points); the worst was Q2 2022 (a drop of 12.99 percentage points).
  • Per Business Quant data, NWG's EBT Margin in the three quarters before Q2 2026 was 46.65% (Q1 2026), 44.87% (Q4 2025) and 50.39% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Jpmorgan Chase 895.36 Bn 924.83 Bn - 47.98%
2 Banco Santander Chile 425.01 Bn 544.95 Bn - -
3 Bank Of America 389.22 Bn -1,986.85 Bn - 36.65%
4 Hsbc Holdings 347.56 Bn 347.61 Bn - -
5 Morgan Stanley 304.44 Bn -204.66 Bn - 34.42%
6 Royal Bank Of Canada 281.54 Bn 132.29 Bn - 41.80%
7 Mitsubishi Ufj Financial 277.23 Bn -1,311.26 Bn 10.89 Bn -
8 Goldman Sachs 267.12 Bn -3,289.99 Bn - 42.10%
9 Wells Fargo & Company 244.76 Bn 246.90 Bn - 35.57%
10 NatWest 75.48 Bn -792.89 Bn - 50.73%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 50.73%
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 45.99%
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%
API Access

NatWest EBT 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=ebt-margin&ticker=NWG&period=max&api_key=YOUR_API_KEY