57/100B15.595
USD
-0.37
(-2.29%)
Market Closed
Last updated: · Delayed 15 min
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Q4 FY2026 · Earnings report
EPS estimate 0.43Revenue estimate 6.19B
Q4 FY2026 · Earnings report
EPS estimate 0.43Revenue estimate 6.19B
NatWest Group total debt 1985–2026
NatWest Group's total debt was 71.30B GBP on 30 September 2026, up 1,062.0% on a year before. At the end of fiscal year 2025 it was 71.83B GBP.
Last updated 7 Nov 2026 · Next report 12 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 71.30B | +1,061.95% | 70.65B | -651.33M | 1.84 |
| FY2025 | 31 Dec 2025 | 71.83B | +8.96% | 98.23B | 26.41B | 1.69 |
| FY2024 | 31 Dec 2024 | 65.92B | +9.73% | 106.93B | 41.01B | 1.68 |
| FY2023 | 31 Dec 2023 | 60.07B | +8.60% | 116.47B | 56.40B | 1.62 |
| FY2022 | 31 Dec 2022 | 55.32B | -5.17% | 154.98B | 99.67B | 1.52 |
| FY2021 | 31 Dec 2021 | 58.33B | +3.19% | 261.23B | 202.90B | 1.40 |
| FY2020 | 31 Dec 2020 | 56.53B | -0.61% | 209.81B | 153.28B | 1.29 |
| FY2019 | 31 Dec 2019 | 56.88B | +13.96% | 145.91B | 89.04B | 1.31 |
| FY2018 | 31 Dec 2018 | 49.91B | +15.31% | 34.81B | -15.10B | 1.09 |
| FY2017 | 31 Dec 2017 | 43.28B | -7.25% | 99.35B | 56.07B | 0.90 |
| FY2016 | 31 Dec 2016 | 46.66B | -8.50% | 75.03B | 28.37B | 0.96 |
| FY2015 | 31 Dec 2015 | 51.00B | -30.32% | 79.40B | 28.41B | 0.95 |
| FY2014 | 31 Dec 2014 | 73.19B | -20.30% | 74.87B | 1.69B | 1.28 |
| FY2013 | 31 Dec 2013 | 91.83B | -24.33% | 82.66B | -9.17B | 1.56 |
| FY2012 | 31 Dec 2012 | 121.37B | -35.77% | 79.29B | -42.08B | 1.78 |
| FY2011 | 31 Dec 2011 | 188.94B | -36.92% | 79.27B | -109.67B | 2.53 |
| FY2010 | 31 Dec 2010 | 299.53B | -1.86% | 57.01B | -242.52B | 3.99 |
| FY2009 | 31 Dec 2009 | 305.22B | -2.44% | 52.26B | -252.96B | 3.93 |
| FY2008 | 31 Dec 2008 | 312.87B | +0.21% | 12.40B | -300.47B | 5.31 |
| FY2007 | 31 Dec 2007 | 312.22B | +174.80% | 17.87B | -294.35B | 5.89 |
| FY2006 | 31 Dec 2006 | 113.62B | -4.28% | 6.12B | -107.50B | 2.82 |
| FY2005 | 31 Dec 2005 | 118.69B | +85.46% | 4.76B | -113.94B | 3.35 |
| FY2004 | 31 Dec 2004 | 64.00B | +10.15% | 4.29B | -59.71B | 1.89 |
| FY2003 | 31 Dec 2003 | 58.10B | +220.95% | 3.82B | -54.28B | 2.51 |
| FY2002 | 31 Dec 2002 | 18.10B | +15.99% | 3.48B | -14.62B | 0.67 |
| FY2001 | 31 Dec 2001 | 15.61B | +49.56% | 3.09B | -12.52B | 0.57 |
| FY2000 | 31 Dec 2000 | 10.44B | +244.20% | 16.90B | 6.47B | 0.45 |
| FY1999 | 30 Sept 1999 | 3.03B | +16.12% | 8.16B | 5.13B | 0.72 |
| FY1998 | 30 Sept 1998 | 2.61B | +2.39% | 6.22B | 3.61B | 0.88 |
| FY1997 | 30 Sept 1997 | 2.55B | +13.33% | 9.54B | 6.99B | 0.84 |
| FY1996 | 30 Sept 1996 | 2.25B | +25.77% | 7.03B | 4.78B | 0.90 |
| FY1995 | 30 Sept 1995 | 1.79B | +7.90% | 4.33B | 2.54B | 0.83 |
| FY1994 | 30 Sept 1994 | 1.66B | +10.17% | 3.63B | 1.97B | 0.88 |
| FY1993 | 30 Sept 1993 | 1.51B | +1,104.00% | 3.47B | 1.97B | 0.80 |
| FY1992 | 30 Sept 1992 | 125.00M | 0.00% | 8.63B | 8.51B | 0.07 |
| FY1991 | 30 Sept 1991 | 125.00M | 0.00% | 8.08B | 7.96B | 0.08 |
| FY1990 | 30 Sept 1990 | 125.00M | 0.00% | 7.48B | 7.36B | 0.08 |
| FY1989 | 30 Sept 1989 | 125.00M | 0.00% | 6.73B | 6.60B | 0.09 |
| FY1988 | 30 Sept 1988 | 125.00M | — | 6.77B | 6.65B | 0.10 |
| FY1987 | 30 Sept 1987 | 0.00 | — | 5.49B | 5.49B | 0.00 |
| FY1986 | 30 Sept 1986 | 0.00 | -100.00% | 4.52B | 4.52B | 0.00 |
| FY1985 | 30 Sept 1985 | 114.00M | — | 3.35B | 3.24B | 0.13 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 71.30B | +1,061.95% | 70.65B | -651.33M | 1.84 |
| Q2 FY2026 | 30 Jun 2026 | 76.19B | +8.90% | 95.20B | 19.00B | 1.74 |
| Q1 FY2026 | 31 Mar 2026 | 6.64B | -5.17% | 135.78B | 129.14B | 0.15 |
| Q4 FY2025 | 31 Dec 2025 | 71.83B | +8.96% | 98.23B | 26.41B | 1.69 |
| Q3 FY2025 | 30 Sept 2025 | 6.14B | -7.99% | 141.54B | 135.41B | 0.14 |
| Q2 FY2025 | 30 Jun 2025 | 69.96B | +11.66% | 112.23B | 42.27B | 1.67 |
| Q1 FY2025 | 31 Mar 2025 | 7.00B | +7.97% | 152.34B | 145.34B | 0.17 |
| Q4 FY2024 | 31 Dec 2024 | 65.92B | +9.73% | 106.93B | 41.01B | 1.68 |
| Q3 FY2024 | 30 Sept 2024 | 6.67B | +7.39% | 160.07B | 153.41B | 0.17 |
| Q2 FY2024 | 30 Jun 2024 | 62.66B | +3.25% | 115.83B | 53.18B | 1.67 |
| Q1 FY2024 | 31 Mar 2024 | 6.49B | -5.35% | 116.92B | 110.43B | 0.17 |
| Q4 FY2023 | 31 Dec 2023 | 60.07B | +8.60% | 176.06B | 115.98B | 1.62 |
| Q3 FY2023 | 30 Sept 2023 | 6.21B | -5.79% | 192.31B | 186.10B | 0.18 |
| Q2 FY2023 | 30 Jun 2023 | 60.68B | +7.40% | 182.79B | 122.11B | 1.75 |
| Q1 FY2023 | 31 Mar 2023 | 6.85B | -16.58% | 195.60B | 188.75B | 0.18 |
| Q4 FY2022 | 31 Dec 2022 | 55.32B | -5.17% | 199.17B | 143.85B | 1.52 |
| Q3 FY2022 | 30 Sept 2022 | 6.59B | -24.01% | 240.71B | 234.12B | 0.19 |
| Q2 FY2022 | 30 Jun 2022 | 56.50B | +1.35% | 254.74B | 198.24B | 1.46 |
| Q1 FY2022 | 31 Mar 2022 | 8.22B | +1.71% | 260.51B | 252.30B | 0.21 |
| Q4 FY2021 | 31 Dec 2021 | 58.33B | +485.54% | 261.23B | 202.90B | 1.40 |
| Q3 FY2021 | 30 Sept 2021 | 8.68B | -17.12% | 231.21B | 222.53B | 0.21 |
| Q2 FY2021 | 30 Jun 2021 | 55.75B | -13.80% | 207.87B | 152.12B | 1.27 |
| Q1 FY2021 | 31 Mar 2021 | 8.08B | -25.88% | 205.91B | 197.83B | 0.19 |
| Q4 FY2020 | 31 Dec 2020 | 9.96B | -82.48% | 124.64B | 114.68B | 0.23 |
| Q3 FY2020 | 30 Sept 2020 | 10.47B | +2.62% | 106.39B | 95.92B | 0.24 |
| Q2 FY2020 | 30 Jun 2020 | 64.67B | +559.36% | 162.66B | 97.99B | 1.50 |
| Q1 FY2020 | 31 Mar 2020 | 10.90B | +12.92% | 77.43B | 66.53B | 0.25 |
| Q4 FY2019 | 31 Dec 2019 | 56.88B | +13.96% | 145.91B | 89.04B | 1.31 |
| Q3 FY2019 | 30 Sept 2019 | 10.20B | -79.36% | 84.25B | 74.05B | 0.23 |
| Q2 FY2019 | 30 Jun 2019 | 9.81B | -79.28% | 85.38B | 75.57B | 0.21 |
| Q1 FY2019 | 31 Mar 2019 | 9.65B | -78.85% | 83.80B | 74.15B | 0.21 |
| Q4 FY2018 | 31 Dec 2018 | 49.91B | +15.31% | 89.38B | 39.47B | 1.09 |
| Q3 FY2018 | 30 Sept 2018 | 49.41B | +7.53% | 106.50B | 57.10B | 1.03 |
| Q2 FY2018 | 30 Jun 2018 | 47.33B | +1.29% | 102.59B | 55.27B | 0.99 |
| Q1 FY2018 | 31 Mar 2018 | 45.64B | +4.49% | 95.38B | 49.74B | 0.94 |
| Q4 FY2017 | 31 Dec 2017 | 43.28B | -7.25% | 99.35B | 56.07B | 0.90 |
| Q3 FY2017 | 30 Sept 2017 | 45.95B | -3.31% | 88.21B | 42.26B | 0.94 |
| Q2 FY2017 | 30 Jun 2017 | 46.72B | -1.14% | 86.81B | 40.09B | 0.95 |
| Q1 FY2017 | 31 Mar 2017 | 43.68B | -13.42% | 83.16B | 39.48B | 0.90 |
| Q4 FY2016 | 31 Dec 2016 | 46.66B | -8.50% | 75.03B | 28.37B | 0.96 |
| Q3 FY2016 | 30 Sept 2016 | 47.52B | -17.42% | 69.25B | 21.74B | 0.89 |
| Q2 FY2016 | 30 Jun 2016 | 47.26B | -23.16% | 65.31B | 18.05B | 0.89 |
| Q1 FY2016 | 31 Mar 2016 | 50.45B | -25.66% | 72.08B | 21.64B | 0.95 |
| Q4 FY2015 | 31 Dec 2015 | 51.00B | -30.32% | 79.40B | 28.41B | 0.95 |
| Q3 FY2015 | 30 Sept 2015 | 57.54B | -26.13% | 77.22B | 19.68B | 1.00 |
| Q2 FY2015 | 30 Jun 2015 | 61.50B | +632.17% | 81.90B | 20.40B | 1.10 |
| Q1 FY2015 | 31 Mar 2015 | 67.86B | -21.00% | 75.52B | 7.66B | 1.19 |
| Q4 FY2014 | 31 Dec 2014 | 73.19B | -20.30% | 74.87B | 1.69B | 1.28 |
| Q3 FY2014 | 30 Sept 2014 | 77.90B | -18.43% | 67.90B | -10.00B | 1.25 |
| Q2 FY2014 | 30 Jun 2014 | 8.40B | -92.09% | 68.67B | 60.27B | 1.49 |
| Q1 FY2014 | 31 Mar 2014 | 85.89B | -28.74% | 69.65B | -16.25B | 1.42 |
| Q4 FY2013 | 31 Dec 2013 | 91.83B | -24.33% | 82.66B | -9.17B | 1.56 |
| Q3 FY2013 | 30 Sept 2013 | 95.50B | -41.06% | 87.07B | -8.44B | 1.41 |
| Q2 FY2013 | 30 Jun 2013 | 106.26B | -42.20% | 89.61B | -16.65B | 1.54 |
| Q1 FY2013 | 31 Mar 2013 | 120.53B | — | 86.72B | -33.81B | 1.71 |
| Q4 FY2012 | 31 Dec 2012 | 121.37B | -35.77% | 79.29B | -42.08B | 1.78 |
| Q3 FY2012 | 30 Sept 2012 | 162.03B | -39.83% | 80.12B | -81.91B | 2.23 |
| Q2 FY2012 | 30 Jun 2012 | 183.83B | -37.94% | 78.65B | -105.18B | 2.48 |
| Q4 FY2011 | 31 Dec 2011 | 188.94B | -23.02% | 79.27B | -109.67B | 2.53 |
| Q3 FY2011 | 30 Sept 2011 | 269.28B | +2.40% | 78.45B | -190.84B | 3.48 |
| Q2 FY2011 | 30 Jun 2011 | 296.21B | +20.98% | 64.35B | -231.86B | 3.96 |
| Q4 FY2010 | 31 Dec 2010 | 245.43B | -19.59% | 57.01B | -188.41B | 3.27 |
| Q3 FY2010 | 30 Sept 2010 | 262.97B | -20.33% | 61.42B | -201.56B | 3.48 |
| Q2 FY2010 | 30 Jun 2010 | 244.84B | -20.99% | 29.59B | -215.25B | 3.19 |
| Q4 FY2009 | 31 Dec 2009 | 305.22B | -10.79% | 52.26B | -252.96B | 3.93 |
| Q3 FY2009 | 30 Sept 2009 | 330.08B | — | 37.15B | -292.94B | 5.83 |
| Q2 FY2009 | 30 Jun 2009 | 309.88B | -1.43% | 39.95B | -269.94B | 5.57 |
| Q4 FY2008 | 31 Dec 2008 | 342.15B | +11.61% | 12.40B | -329.75B | 5.81 |
| Q2 FY2008 | 30 Jun 2008 | 314.38B | +156.43% | 77.90B | -236.48B | 5.10 |
| Q4 FY2007 | 31 Dec 2007 | 306.55B | +1,214.13% | 17.87B | -288.68B | 5.78 |
| Q2 FY2007 | 30 Jun 2007 | 122.60B | +7.85% | 4.08B | -118.52B | 2.95 |
| Q4 FY2006 | 31 Dec 2006 | 23.33B | -53.87% | 6.12B | -17.21B | 0.58 |
| Q2 FY2006 | 30 Jun 2006 | 113.68B | +8.50% | 3.76B | -109.92B | 3.04 |
| Q4 FY2005 | 31 Dec 2005 | 50.57B | +83.23% | 4.76B | -45.81B | 1.43 |
| Q2 FY2005 | 30 Jun 2005 | 104.77B | +42.76% | 3.42B | -101.35B | 3.15 |
| Q4 FY2004 | 31 Dec 2004 | 27.60B | +16.13% | 4.29B | -23.31B | 0.87 |
| Q2 FY2004 | 30 Jun 2004 | 73.39B | — | 6.31B | -67.09B | 2.34 |
| Q4 FY2003 | 31 Dec 2003 | 23.77B | +31.27% | 3.82B | -19.94B | 0.85 |
| Q2 FY2003 | 30 Jun 2003 | 0.00 | — | 0.00 | 0.00 | — |
| Q4 FY2002 | 31 Dec 2002 | 18.10B | +15.99% | 3.48B | -14.62B | 0.67 |
| Q2 FY2002 | 30 Jun 2002 | 0.00 | — | 0.00 | 0.00 | — |
| Q4 FY2001 | 31 Dec 2001 | 15.61B | +49.56% | 3.09B | -12.52B | 0.57 |
| Q2 FY2001 | 30 Jun 2001 | 0.00 | — | 0.00 | 0.00 | — |
| Q4 FY2000 | 31 Dec 2000 | 10.44B | — | 16.90B | 6.47B | 0.45 |
| Q2 FY2000 | 30 Jun 2000 | 0.00 | — | 0.00 | 0.00 | — |
Figures in GBP at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about NatWest Group's debt
Source: Financial Modeling Prep