NatWest Group plc (NWG) Earnings History
Annual and quarterly earnings data from 1991 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 51.3% | 21.7% | 16.8% |
| 2023 | 100.0% | 46.1% | 32.7% |
| 2022 | 100.0% | 43.7% | 27.7% |
| 2021 | 88.0% | 34.7% | 27.8% |
| 2020 | 82.3% | -4.2% | -2.8% |
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NatWest Group plc (NWG) Earnings Overview
As of March 2, 2026, NatWest Group plc (NWG) reported trailing twelve-month net income of $5.25B, reflecting +0.1% year-over-year growth. The company earned $1.28 per diluted share over the past four quarters, with a net profit margin of 0.2%.
Looking at the long-term picture, NWG's 5-year EPS compound annual growth rate (CAGR) stands at +13.6%, showing solid earnings momentum. The company achieved its highest annual net income of $7.55B in fiscal 2007.
NatWest Group plc maintains positive profitability with a gross margin of 0.5%, operating margin of 0.2%, and net margin of 0.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including HSBC ($17.69B net income, 0.2% margin), SAN ($13.60B net income, 0.1% margin), BBVA ($10.41B net income, 0.3% margin), NWG has outperformed on profitability metrics. Compare NWG vs HSBC →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
34 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.80B | +3.6% | $6.20B | $1.06 | 16.8% | 21.7% |
| 2023 | $4.64B | +29.2% | $6.53B | $0.98 | 32.7% | 46.1% |
| 2022 | $3.59B | +9.8% | $5.68B | $0.68 | 27.7% | 43.7% |
| 2021 | $3.27B | +978.5% | $4.07B | $0.54 | 27.8% | 34.7% |
| 2020 | -$372M | -110.5% | -$553M | $-0.17 | -2.8% | -4.2% |
| 2019 | $3.54B | +63.9% | $3.98B | $0.56 | 23.5% | 26.5% |
| 2018 | $2.16B | +46.6% | $4.04B | $0.28 | 13.7% | 25.7% |
| 2017 | $1.47B | +128.3% | $3.83B | $0.14 | 10.0% | 25.9% |
| 2016 | -$5.20B | -226.2% | -$3.15B | $-1.28 | -34.9% | -21.2% |
| 2015 | -$1.59B | +42.5% | $1.06B | $-0.36 | -9.9% | 6.6% |
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Start ComparisonFrequently Asked Questions
Is NWG growing earnings?
NWG EPS of $1.28 reflects slowing growth at +0.1%, below the 5-year CAGR of +13.6%. TTM net income is $5.2B. Expansion rate has moderated.
What are NWG's profit margins?
NatWest Group plc net margin is +0.2%, with operating margin at +0.2%. Below-average margins reflect competitive or cost pressures.
How consistent are NWG's earnings?
NWG earnings data spans 1991-2024. The current earnings trend is +0.1% YoY. Historical data enables comparison across business cycles.