NatWest NWG
NYSE NWG
$17.22 -0.93 (-5.12%)
As of: Oct 1, 2026 · 12:27 PM EDT

NatWest (NWG) Operating Margin (2009 - 2021)

Updated

NatWest's Operating Margin came in at 16.37% for Q4 2021, up 14.67 percentage points from 1.71% a year earlier but down 4.18 percentage points from the prior quarter.

Analysis

NatWest (NWG) Operating Margin (2009 - 2021) Analysis & Trends

For FY2021, NatWest's Operating Margin was 21.49%, up 26.55 percentage points from FY2020.

  • Operating Margin carries a five-year change of -7.69 percentage points (FY2016 to FY2021).
  • Going back by year, Operating Margin was -5.07% in FY2020 (-16.83 pp), 11.77% in FY2019 (-6.57 pp) and 18.34% in FY2018.
  • The five-year range for quarterly Operating Margin is -41.82% (Q2 2020) to 45.59% (Q2 2017).
  • Year-over-year, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +20.31 percentage points over the last five quarters.
  • The fastest year-over-year change in Operating Margin over five years came in Q2 2021 (a gain of 71.90 percentage points), and the weakest in Q1 2018 (a drop of 21.54 percentage points).
  • Business Quant data shows NWG's Operating Margin at 20.55% (Q3 2021), 30.08% (Q2 2021) and 17.87% (Q1 2021) in the three quarters before Q4 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Jpmorgan Chase 879.54 Bn 909.01 Bn - -
2 Banco Santander Chile 418.48 Bn 538.42 Bn - -
3 Bank Of America 381.92 Bn -1,994.15 Bn - -
4 Hsbc Holdings 341.10 Bn 341.15 Bn - -
5 Morgan Stanley 295.71 Bn -213.38 Bn - -
6 Royal Bank Of Canada 275.38 Bn 126.13 Bn - -
7 Mitsubishi Ufj Financial 273.79 Bn -1,314.70 Bn 10.89 Bn -
8 Goldman Sachs 262.78 Bn -3,294.34 Bn - -
9 Wells Fargo & Company 242.61 Bn 244.75 Bn - -
10 NatWest 74.70 Bn -793.68 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2021 16.37%
Sep 30, 2021 20.55%
Jun 30, 2021 30.08%
Mar 31, 2021 17.87%
Dec 31, 2020 1.71%
Sep 30, 2020 12.04%
Jun 30, 2020 -41.82%
Mar 31, 2020 7.66%
Dec 31, 2019 5.41%
Dec 31, 2018 16.06%
Mar 31, 2018 21.14%
Sep 30, 2017 27.59%
Jun 30, 2017 45.59%
Mar 31, 2017 42.68%
Dec 31, 2016 36.85%
Sep 30, 2016 40.27%
Jun 30, 2016 23.87%
Mar 31, 2016 14.36%
Dec 31, 2015 27.62%
Sep 30, 2015 25.95%
API Access

NatWest Operating 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=operating-margin&ticker=NWG&period=max&api_key=YOUR_API_KEY