NatWest (NWG) Invested Capital (2009 - 2026)
NatWest's Invested Capital was $155.45 billion in Q2 2026, up 8.0% from $143.96 billion a year earlier and up 1.2% from the prior quarter.
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Analysis
NatWest (NWG) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at NatWest came in at $145.32 billion, up 13.2% from FY2024.
- Invested Capital has now increased for three consecutive years, with a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In earlier years, Invested Capital was $128.42 billion in FY2024 (+11.9%), $114.78 billion in FY2023 (+8.3%), $105.94 billion in FY2022 (-15.5%) and $125.38 billion in FY2021 (+8.9%).
- The Q2 2026 figure marks the highest quarterly Invested Capital since Q1 2015.
- Compared with a year earlier, Invested Capital has increased for 13 straight quarters, with growth averaging 12.6% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q3 2023 (growth of 20.5%); the worst was Q3 2022 (a decline of 22.0%).
- Per Business Quant data, NWG's Invested Capital in the three quarters before Q2 2026 was $153.54 billion (Q1 2026), $146.6 billion (Q4 2025) and $148.45 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 886.05 Bn | 915.53 Bn | - | 447.03 Bn |
| 2 | Banco Santander Chile | 409.93 Bn | 529.88 Bn | - | 9,394.86 Bn |
| 3 | Bank Of America | 377.01 Bn | -1,999.06 Bn | - | 361.07 Bn |
| 4 | Hsbc Holdings | 329.11 Bn | 329.16 Bn | - | - |
| 5 | Morgan Stanley | 295.54 Bn | -213.55 Bn | - | 147.26 Bn |
| 6 | Royal Bank Of Canada | 273.59 Bn | 124.33 Bn | - | 490.36 Bn |
| 7 | Mitsubishi Ufj Financial | 268.33 Bn | -1,320.16 Bn | 10.89 Bn | 224.49 Bn |
| 8 | Goldman Sachs | 261.29 Bn | -3,295.82 Bn | - | 560.62 Bn |
| 9 | Wells Fargo & Company | 243.13 Bn | 245.26 Bn | - | 207.49 Bn |
| 10 | NatWest | 71.58 Bn | -796.80 Bn | - | 155.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 155.45 Bn |
| Mar 31, 2026 | 153.54 Bn |
| Dec 31, 2025 | 146.60 Bn |
| Sep 30, 2025 | 148.45 Bn |
| Jun 30, 2025 | 143.96 Bn |
| Mar 31, 2025 | 130.37 Bn |
| Dec 31, 2024 | 128.95 Bn |
| Sep 30, 2024 | 132.65 Bn |
| Jun 30, 2024 | 120.97 Bn |
| Mar 31, 2024 | 125.87 Bn |
| Dec 31, 2023 | 114.53 Bn |
| Sep 30, 2023 | 116.23 Bn |
| Jun 30, 2023 | 113.31 Bn |
| Mar 31, 2023 | 110.18 Bn |
| Dec 31, 2022 | 100.41 Bn |
| Sep 30, 2022 | 96.47 Bn |
| Jun 30, 2022 | 108.77 Bn |
| Mar 31, 2022 | 116.81 Bn |
| Dec 31, 2021 | 122.84 Bn |
| Sep 30, 2021 | 123.72 Bn |
API Access
NatWest Invested Capital 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=invested-capital&ticker=NWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();