57/100B15.595
USD
-0.37
(-2.29%)
Market Closed
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 0.43Revenue estimate 6.19B
Q4 FY2026 · Earnings report
EPS estimate 0.43Revenue estimate 6.19B
NatWest Group balance sheet 1985–2026
NatWest Group had 70.65B GBP in cash and short-term investments on 30 September 2026, against total debt of 71.30B GBP: net debt of 651.33M GBP.
Total assets Total liabilities Shareholders' equity
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| Fiscal year | Latest Q3 FY2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 | FY2015 31 Dec 2015 | FY2014 31 Dec 2014 | FY2013 31 Dec 2013 | FY2012 31 Dec 2012 | FY2011 31 Dec 2011 | FY2010 31 Dec 2010 | FY2009 31 Dec 2009 | FY2008 31 Dec 2008 | FY2007 31 Dec 2007 | FY2006 31 Dec 2006 | FY2005 31 Dec 2005 | FY2004 31 Dec 2004 | FY2003 31 Dec 2003 | FY2002 31 Dec 2002 | FY2001 31 Dec 2001 | FY2000 31 Dec 2000 | FY1999 30 Sept 1999 | FY1998 30 Sept 1998 | FY1997 30 Sept 1997 | FY1996 30 Sept 1996 | FY1995 30 Sept 1995 | FY1994 30 Sept 1994 | FY1993 30 Sept 1993 | FY1992 30 Sept 1992 | FY1991 30 Sept 1991 | FY1990 30 Sept 1990 | FY1989 30 Sept 1989 | FY1988 30 Sept 1988 | FY1987 30 Sept 1987 | FY1986 30 Sept 1986 | FY1985 30 Sept 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and equivalents | 70.65B | 85.35B | 93.05B | 104.52B | 145.06B | 177.82B | 124.64B | 81.04B | 88.90B | 98.34B | 74.25B | 79.40B | 74.87B | 82.66B | 79.29B | 79.27B | 57.01B | 52.26B | 11.83B | 17.87B | 6.12B | 4.76B | 4.29B | 6.32B | 3.48B | 3.09B | 16.90B | 8.16B | 6.22B | 9.54B | 7.03B | 4.33B | 3.63B | 3.47B | 8.63B | 8.08B | 7.48B | 6.73B | 6.77B | 5.49B | 4.52B | 3.35B |
Short-term investments | 0.00 | 12.89B | 13.88B | 11.95B | 9.92B | 83.41B | 85.17B | 64.87B | -54.09B | 1.02B | 781.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 570.00M | 0.00 | 0.00 | 0.00 | 0.00 | -2.50B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 70.65B | 98.23B | 106.93B | 116.47B | 154.98B | 261.23B | 209.81B | 145.91B | 34.81B | 99.35B | 75.03B | 79.40B | 74.87B | 82.66B | 79.29B | 79.27B | 57.01B | 52.26B | 12.40B | 17.87B | 6.12B | 4.76B | 4.29B | 3.82B | 3.48B | 3.09B | 16.90B | 8.16B | 6.22B | 9.54B | 7.03B | 4.33B | 3.63B | 3.47B | 8.63B | 8.08B | 7.48B | 6.73B | 6.77B | 5.49B | 4.52B | 3.35B | |
Cash growth | -50.09% | -8.13% | -8.19% | -24.85% | -40.67% | +24.51% | +43.79% | +319.19% | -64.97% | +32.42% | -5.51% | |||||||||||||||||||||||||||||||
Receivables | 0.00 | 71.00M | 7.00M | 49.00M | 279.00M | 248.00M | 216.00M | 275.00M | 317.00M | 378.00M | 412.00M | 326.00M | 486.00M | 530.00M | 526.00M | 672.00M | 1.19B | 0.00 | 1.21B | 1.21B | 668.00M | 857.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -302.49B | -187.84B | -347.48B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total current assets | 70.65B | 98.30B | 106.94B | 116.87B | 155.60B | 261.84B | 210.35B | 146.57B | 89.70B | 99.73B | 75.44B | 79.73B | 75.36B | 83.19B | 79.82B | 79.94B | 57.01B | 52.26B | 13.61B | 19.08B | 6.79B | 4.76B | 4.29B | 3.82B | 3.48B | 3.09B | 16.90B | 8.16B | 6.22B | 9.54B | 7.03B | 4.33B | 3.63B | 3.47B | 8.63B | 8.08B | 7.48B | 6.73B | 6.77B | 5.49B | 4.52B | 3.35B |
Property, plant and equipment | 0.00 | 4.28B | 3.97B | 4.23B | 4.24B | 4.23B | 4.42B | 4.93B | 4.35B | 4.60B | 4.59B | 4.48B | 6.17B | 7.91B | 9.78B | 11.87B | 16.54B | 19.40B | 17.17B | 18.75B | 18.42B | 18.05B | 16.43B | 13.93B | 10.49B | 8.81B | 6.12B | 2.53B | 2.01B | 1.08B | 955.00M | 881.00M | 802.00M | 737.00M | 746.20M | 680.00M | 670.80M | 667.70M | 565.60M | 421.10M | 448.80M | 424.70M |
Long-term investments | 666.40B | 445.95B | 442.16B | 433.47B | 453.31B | 90.92B | 137.76B | 120.41B | 267.45B | 216.45B | 320.21B | 345.97B | 445.87B | 410.45B | 614.57B | 753.88B | 666.76B | 728.24B | 1.27T | 625.08B | 262.93B | 231.47B | 122.54B | 82.25B | 68.93B | 65.60B | 92.34B | 22.85B | 21.55B | 13.25B | 10.61B | 8.69B | 6.99B | 4.47B | 1.14B | 958.00M | 921.30M | 949.40M | 568.50M | 620.30M | 584.70M | 572.20M |
Goodwill and intangibles | 10.19B | 7.29B | 7.59B | 7.61B | 7.12B | 6.72B | 6.66B | 6.62B | 6.62B | 6.54B | 6.48B | 6.54B | 7.78B | 12.37B | 13.55B | 14.86B | 14.45B | 17.85B | 35.61B | 49.92B | 18.90B | 19.93B | 19.24B | 13.13B | 12.70B | 13.33B | 12.08B | 11.00M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Goodwill | — | 5.52B | 5.68B | 5.68B | 5.52B | 5.52B | 5.61B | 5.61B | 5.61B | 5.56B | 5.56B | |||||||||||||||||||||||||||||||
Intangible assets | 10.19B | 1.77B | 1.91B | 1.93B | 1.59B | 1.20B | 1.05B | 1.02B | 1.01B | 985.00M | 922.00M | |||||||||||||||||||||||||||||||
Other non-current assets | 16.55B | 157.47B | 145.46B | 128.60B | 97.61B | 417.09B | 439.41B | 443.51B | -224.33B | -1.74B | -1.80B | -2.63B | -459.82B | -430.73B | -637.90B | -780.61B | -697.75B | -765.48B | -1.30T | -693.75B | -300.25B | -269.45B | -158.21B | -109.31B | -92.11B | -87.74B | -110.54B | -25.39B | -23.56B | -14.33B | -11.56B | -9.57B | -7.79B | -5.21B | -1.89B | -1.64B | -1.59B | -1.62B | -1.13B | -1.04B | -1.03B | -996.90M |
Total assets | 763.78B | 714.55B | 707.99B | 692.67B | 720.05B | 781.99B | 799.49B | 723.04B | 694.24B | 738.06B | 798.66B | 815.41B | 1.05T | 1.03T | 1.31T | 1.51T | 1.45T | 1.70T | 2.22T | 1.84T | 871.43B | 776.83B | 588.12B | 454.43B | 440.89B | 368.78B | 320.00B | 88.85B | 79.68B | 72.60B | 61.12B | 51.23B | 45.28B | 37.44B | 34.56B | 32.18B | 30.10B | 27.44B | 21.66B | 19.12B | 16.60B | 15.03B |
Accounts payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Deferred revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 451.00M | 469.00M | 483.00M | 359.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Short-term debt | 4.78B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other current liabilities | 0.00 | 480.23B | 477.58B | 467.62B | 489.60B | 529.41B | 491.92B | 429.74B | -3.52B | -3.31B | -4.13B | -3.75B | -586.00M | -516.00M | -527.00M | -700.00M | -723.00M | 0.00 | -585.00M | -1.63B | -789.00M | -952.00M | 0.00 | 0.00 | 0.00 | 0.00 | -255.32B | -73.53B | -67.75B | -61.79B | -52.20B | -43.95B | -39.45B | -32.88B | -31.69B | -29.41B | -27.46B | -24.77B | -19.54B | -17.50B | -14.84B | -13.64B |
Total current liabilities | 4.78B | 480.31B | 477.84B | 467.95B | 489.66B | 529.41B | 491.92B | 429.74B | 228.54B | 110.46B | 334.44B | 369.00B | 2.83B | 3.14B | 3.60B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Long-term debt | 66.51B | 71.83B | 65.92B | 60.07B | 55.32B | 58.33B | 56.53B | 56.88B | 0.00 | 0.00 | 0.00 | 0.00 | 59.22B | 91.83B | 121.37B | 188.94B | 299.53B | 305.22B | 312.87B | 312.22B | 113.62B | 118.69B | 64.00B | 58.10B | 18.10B | 0.00 | 10.44B | 3.03B | 2.61B | 2.55B | 2.25B | 1.79B | 1.66B | 1.51B | 125.00M | 125.00M | 125.00M | 125.00M | 125.00M | 0.00 | 0.00 | 114.00M |
Other non-current liabilities | 653.65B | 119.80B | 124.85B | 127.46B | 138.58B | 152.45B | 207.21B | 192.87B | -905.00M | -1.05B | -1.15B | -1.24B | -59.22B | -91.83B | -121.37B | -192.42B | -304.30B | -311.04B | -320.51B | -318.50B | -116.99B | -122.03B | -75.56B | -58.10B | -18.10B | 0.00 | -10.44B | -3.03B | -2.61B | -2.55B | -2.25B | -1.79B | -1.66B | -1.51B | -125.00M | -125.00M | -125.00M | -125.00M | -125.00M | 0.00 | 0.00 | -114.00M |
Lease obligations, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Lease obligations, long-term | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total liabilities | 724.95B | 671.94B | 668.61B | 655.49B | 683.56B | 740.19B | 755.67B | 679.48B | 647.75B | 688.96B | 749.25B | 761.26B | 990.57B | 968.66B | 1.24T | 1.43T | 1.38T | 1.60T | 2.15T | 1.75T | 825.94B | 739.28B | 550.73B | 428.54B | 412.00B | 15.61B | 10.44B | 3.03B | 2.61B | 2.55B | 2.25B | 1.79B | 1.66B | 1.51B | 125.00M | 125.00M | 125.00M | 125.00M | 125.00M | 0.00 | 0.00 | 114.00M |
Common stock and paid-in capital | 9.97B | 10.02B | 10.13B | 10.84B | 11.70B | 11.47B | 12.13B | 12.09B | 16.11B | 11.97B | 11.82B | 11.63B | 6.88B | 6.71B | 6.58B | 15.32B | 15.13B | 14.63B | 10.97B | 2.53B | 32.87B | 826.00M | 822.00M | 769.00M | 754.00M | 893.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Retained earnings | 26.64B | 14.42B | 11.43B | 10.65B | 10.02B | 12.97B | 12.57B | 13.95B | 14.31B | 17.13B | -12.94B | -4.02B | -2.52B | 867.00M | 10.60B | 18.93B | 60.01B | 12.13B | 7.54B | 21.07B | 15.49B | 11.35B | 7.22B | 7.85B | 6.77B | 6.07B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accumulated other comprehensive income | 2.82B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.43B | 3.45B | 8.70B | 36.94B | 27.95B | 26.63B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -32.05B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Shareholders' equity | 38.83B | 42.60B | 39.35B | 37.16B | 36.49B | 41.80B | 43.86B | 43.55B | 45.74B | 48.33B | 48.61B | 53.43B | 57.25B | 58.74B | 68.13B | 74.82B | 75.13B | 77.74B | 58.88B | 53.04B | 40.23B | 35.44B | 33.91B | 23.18B | 27.05B | 27.62B | 23.12B | 4.20B | 2.95B | 3.04B | 2.51B | 2.16B | 1.89B | 1.88B | 1.76B | 1.60B | 1.51B | 1.41B | 1.27B | 1.05B | 957.50M | 881.10M |
Minority interest | 11.07M | 14.00M | 28.00M | 31.00M | 8.00M | 7.00M | -36.00M | 9.00M | 754.00M | 763.00M | 795.00M | 716.00M | 2.95B | 473.00M | 2.32B | 1.23B | 1.72B | 16.90B | 5.44B | 38.39B | 5.26B | 2.11B | 3.49B | 2.71B | 1.84B | 585.00M | 546.00M | 148.00M | 94.00M | 192.00M | 152.00M | 21.00M | 18.00M | 21.00M | 17.40M | 16.50M | 8.80M | 8.80M | 8.60M | 6.30M | 6.30M | 3.50M |
| 71.30B | 71.83B | 65.92B | 60.07B | 55.32B | 58.33B | 56.53B | 56.88B | 49.91B | 43.28B | 46.66B | 51.00B | 73.19B | 91.83B | 121.37B | 188.94B | 299.53B | 305.22B | 312.87B | 312.22B | 113.62B | 118.69B | 64.00B | 58.10B | 18.10B | 15.61B | 10.44B | 3.03B | 2.61B | 2.55B | 2.25B | 1.79B | 1.66B | 1.51B | 125.00M | 125.00M | 125.00M | 125.00M | 125.00M | 0.00 | 0.00 | 114.00M | |
Net cash | -651.33M | 26.41B | 41.01B | 56.40B | 99.67B | 202.90B | 153.28B | 89.04B | -15.10B | 56.07B | 28.37B | 28.41B | 1.69B | -9.17B | -42.08B | -109.67B | -242.52B | -252.96B | -300.47B | -294.35B | -107.50B | -113.94B | -59.71B | -54.28B | -14.62B | -12.52B | 6.47B | 5.13B | 3.61B | 6.99B | 4.78B | 2.54B | 1.97B | 1.97B | 8.51B | 7.96B | 7.36B | 6.60B | 6.65B | 5.49B | 4.52B | 3.24B |
Working capital | 65.86B | -382.01B | -370.90B | -351.08B | -334.06B | -267.58B | -281.57B | -283.17B | -138.85B | -10.72B | -259.00B | -289.27B | 72.53B | 80.05B | 76.21B | 79.94B | 57.01B | 52.26B | 13.61B | 19.08B | 6.79B | 4.76B | 4.29B | 3.82B | 3.48B | 3.09B | 16.90B | 8.16B | 6.22B | 9.54B | 7.03B | 4.33B | 3.63B | 3.47B | 8.63B | 8.08B | 7.48B | 6.73B | 6.77B | 5.49B | 4.52B | 3.35B |
Book value per share | 19.36 | 20.97 | 18.48 | 16.12 | 14.70 | 15.44 | 15.62 | 15.50 | 16.34 | 17.44 | 17.83 | 19.88 | 21.54 | 22.60 | 26.42 | 29.78 | 30.18 | 28.27 | 21.41 | 19.29 | 14.63 | 12.89 | 12.33 | 8.43 | 9.84 | 10.04 | 8.41 | 1.53 | 1.07 | 1.11 | 0.91 | 0.79 | 0.69 | 0.68 | 0.64 | 0.58 | 0.55 | 0.51 | 0.46 | 0.38 | 0.35 | 0.32 |
Tangible book value | 28.63B | 35.31B | 31.76B | 29.54B | 29.37B | 35.07B | 37.21B | 36.93B | 39.12B | 41.79B | 42.13B | 46.89B | 49.47B | 46.37B | 54.59B | 59.96B | 60.68B | 59.89B | 23.27B | 3.12B | 21.32B | 15.50B | 14.66B | 10.04B | 14.36B | 14.30B | 11.04B | 4.19B | 2.95B | 3.04B | 2.51B | 2.16B | 1.89B | 1.88B | 1.76B | 1.60B | 1.51B | 1.41B | 1.27B | 1.05B | 957.50M | 881.10M |
Tangible book value per share | 14.28 | 17.38 | 14.92 | 12.82 | 11.83 | 12.96 | 13.25 | 13.14 | 13.97 | 15.08 | 15.45 | 17.45 | 18.61 | 17.84 | 21.17 | 23.87 | 24.37 | 21.78 | 8.46 | 1.14 | 7.75 | 5.64 | 5.33 | 3.65 | 5.22 | 5.20 | 4.01 | 1.52 | 1.07 | 1.11 | 0.91 | 0.79 | 0.69 | 0.68 | 0.64 | 0.58 | 0.55 | 0.51 | 0.46 | 0.38 | 0.35 | 0.32 |
Current ratio | 14.77 | 0.20 | 0.22 | 0.25 | 0.32 | 0.49 | 0.43 | 0.34 | 0.39 | 0.90 | 0.23 | 0.22 | 26.60 | 26.48 | 22.15 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Debt to equity | 1.84 | 1.69 | 1.68 | 1.62 | 1.52 | 1.40 | 1.29 | 1.31 | 1.09 | 0.90 | 0.96 | 0.95 | 1.28 | 1.56 | 1.78 | 2.53 | 3.99 | 3.93 | 5.31 | 5.89 | 2.82 | 3.35 | 1.89 | 2.51 | 0.67 | 0.57 | 0.45 | 0.72 | 0.88 | 0.84 | 0.90 | 0.83 | 0.88 | 0.80 | 0.07 | 0.08 | 0.08 | 0.09 | 0.10 | 0.00 | 0.00 | 0.13 |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 | Q3 FY2017 30 Sept 2017 | Q2 FY2017 30 Jun 2017 | Q1 FY2017 31 Mar 2017 | Q4 FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and equivalents | 70.65B | 77.11B | 78.97B | 85.35B | 84.69B | 90.71B | 99.05B | 93.05B | 105.63B | 115.83B | 116.92B | 104.52B | 119.59B | 123.16B | 123.40B | 145.06B | 155.27B | 179.53B | 168.78B | 177.82B | 164.85B | 151.79B | 140.35B | 124.49B | 106.39B | 100.34B | 77.43B | 81.04B | 84.25B | 85.38B | 83.80B | 88.90B | 106.50B | 102.59B | 95.38B | 98.34B | 88.21B | 86.81B | 83.16B | 74.25B |
Short-term investments | 0.00 | 18.09B | 56.82B | 12.89B | 56.86B | 21.53B | 53.29B | 13.88B | 54.45B | 0.00 | 0.00 | 71.54B | 72.72B | 59.63B | 72.20B | 54.11B | 85.45B | 75.22B | 91.73B | 83.41B | 66.36B | 56.09B | 65.56B | 148.00M | 0.00 | 62.32B | 0.00 | 64.87B | 0.00 | 0.00 | 0.00 | 484.00M | 0.00 | 0.00 | 0.00 | 1.02B | 0.00 | 0.00 | 0.00 | 781.00M |
| 70.65B | 95.20B | 135.78B | 98.23B | 141.54B | 112.23B | 152.34B | 106.93B | 160.07B | 115.83B | 116.92B | 176.06B | 192.31B | 182.79B | 195.60B | 199.17B | 240.71B | 254.74B | 260.51B | 261.23B | 231.21B | 207.87B | 205.91B | 124.64B | 106.39B | 162.66B | 77.43B | 145.91B | 84.25B | 85.38B | 83.80B | 89.38B | 106.50B | 102.59B | 95.38B | 99.35B | 88.21B | 86.81B | 83.16B | 75.03B | |
Cash growth | -50.09% | -15.18% | -10.87% | -8.13% | -11.58% | -3.11% | +30.30% | -39.26% | -16.76% | -36.63% | ||||||||||||||||||||||||||||||
Receivables | 0.00 | 0.00 | 0.00 | 71.00M | 0.00 | 0.00 | 0.00 | 7.00M | 0.00 | 0.00 | 0.00 | 292.00M | 0.00 | 0.00 | 0.00 | 327.00M | 0.00 | 0.00 | 0.00 | 248.00M | 0.00 | 0.00 | 0.00 | 216.00M | 0.00 | 0.00 | 0.00 | 275.00M | 0.00 | 0.00 | 0.00 | 317.00M | 0.00 | 0.00 | 0.00 | 378.00M | 0.00 | 0.00 | 0.00 | 412.00M |
Inventory | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other current assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total current assets | 70.65B | 95.20B | 135.78B | 98.30B | 141.54B | 112.23B | 152.34B | 106.94B | 160.07B | 115.83B | 116.92B | 176.70B | 192.31B | 182.79B | 195.60B | 199.84B | 240.71B | 254.74B | 260.51B | 261.84B | 231.21B | 207.87B | 205.91B | 124.85B | 106.39B | 162.66B | 77.43B | 146.57B | 84.25B | 85.38B | 83.80B | 89.70B | 106.50B | 102.59B | 95.38B | 99.73B | 88.21B | 86.81B | 83.16B | 75.44B |
Property, plant and equipment | 0.00 | 0.00 | 0.00 | 4.28B | 0.00 | 0.00 | 0.00 | 3.97B | 0.00 | 0.00 | 0.00 | 4.23B | 0.00 | 0.00 | 0.00 | 4.24B | 0.00 | 0.00 | 0.00 | 4.23B | 0.00 | 0.00 | 0.00 | 4.42B | 0.00 | 0.00 | 0.00 | 4.93B | 0.00 | 0.00 | 0.00 | 4.35B | 4.25B | 4.37B | 4.47B | 4.60B | 4.78B | 4.82B | 5.00B | 4.59B |
Long-term investments | 666.40B | 473.19B | 468.71B | 445.95B | 450.79B | 457.80B | 438.30B | 442.16B | 437.09B | 409.60B | 379.61B | 68.52B | 38.97B | 69.59B | 35.25B | 97.17B | 95.38B | 99.29B | 44.29B | 90.92B | 37.41B | 78.19B | 57.40B | 290.66B | 293.87B | 158.09B | 351.40B | 120.41B | 331.85B | 244.70B | 285.24B | 267.45B | 218.84B | 243.99B | 242.67B | 216.45B | 260.09B | 280.22B | 281.40B | 320.21B |
Goodwill and intangibles | 10.19B | 10.21B | 7.22B | 7.29B | 7.48B | 7.51B | 7.54B | 7.59B | 7.59B | 7.59B | 7.60B | 7.61B | 7.52B | 7.45B | 7.17B | 7.12B | 6.96B | 6.87B | 6.77B | 6.72B | 6.72B | 6.69B | 6.67B | 6.66B | 6.60B | 6.60B | 6.62B | 6.62B | 6.65B | 6.63B | 6.62B | 6.62B | 6.58B | 6.57B | 6.53B | 6.54B | 6.48B | 6.47B | 6.46B | 6.48B |
Goodwill | — | 10.21B | 7.22B | 5.52B | 7.48B | 7.51B | 7.54B | 5.68B | 7.59B | — | ||||||||||||||||||||||||||||||
Intangible assets | 10.19B | — | — | 1.77B | — | — | — | 1.91B | — | 7.59B | ||||||||||||||||||||||||||||||
Other non-current assets | 16.55B | 166.78B | 137.93B | 157.47B | 125.82B | 153.23B | 111.86B | 145.46B | 107.15B | 157.31B | 193.33B | 433.72B | 478.35B | 442.77B | 457.61B | 409.51B | 458.44B | 445.58B | 473.82B | 417.09B | 502.93B | 483.10B | 499.81B | -301.73B | -300.47B | 479.54B | -358.02B | 443.51B | -338.50B | -251.33B | -291.85B | -278.42B | -229.67B | -254.93B | -253.68B | -227.59B | -271.35B | -291.51B | -292.86B | -331.28B |
Total assets | 763.78B | 745.37B | 749.64B | 714.55B | 725.64B | 730.78B | 710.03B | 707.99B | 711.90B | 690.34B | 697.45B | 692.67B | 717.14B | 702.60B | 695.62B | 720.05B | 801.49B | 806.48B | 785.40B | 781.99B | 778.28B | 775.86B | 769.78B | 799.49B | 791.56B | 806.89B | 817.64B | 723.04B | 776.51B | 729.87B | 719.14B | 694.24B | 719.89B | 748.34B | 738.51B | 738.06B | 751.76B | 782.65B | 783.28B | 798.66B |
Accounts payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Deferred revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Short-term debt | 4.78B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other current liabilities | 0.00 | 488.89B | 551.09B | 480.23B | 537.44B | 482.84B | 525.16B | 477.58B | 519.41B | 472.35B | 511.10B | 467.62B | 518.72B | 472.11B | 509.14B | 489.60B | 562.49B | 538.50B | 576.42B | 529.41B | 564.64B | 510.75B | 542.43B | -63.00M | 0.00 | 476.75B | 0.00 | 429.74B | 0.00 | 0.00 | 0.00 | -100.00M | -10.63B | -7.80B | 0.00 | -227.00M | -9.09B | -11.38B | -9.21B | -336.00M |
Total current liabilities | 4.78B | 488.89B | 551.09B | 480.31B | 537.44B | 482.84B | 525.16B | 477.84B | 519.41B | 472.35B | 511.10B | 467.62B | 518.72B | 472.11B | 509.14B | 489.60B | 562.49B | 538.50B | 576.42B | 529.41B | 564.64B | 510.75B | 542.43B | 990.00M | 0.00 | 476.75B | 0.00 | 429.74B | 0.00 | 0.00 | 0.00 | 1.74B | 5.60B | 5.84B | 6.00B | 1.07B | 6.93B | 6.60B | 6.94B | 1.31B |
Long-term debt | 66.51B | 76.19B | 6.64B | 71.83B | 6.14B | 69.96B | 7.00B | 65.92B | 6.67B | 62.66B | 6.49B | 60.07B | 6.21B | 60.68B | 6.85B | 55.32B | 6.59B | 56.50B | 8.22B | 58.33B | 8.68B | 55.75B | 8.08B | 9.96B | 10.47B | 64.67B | 10.90B | 56.88B | 10.20B | 9.81B | 9.65B | 41.73B | 49.41B | 47.33B | 45.64B | 43.28B | 45.95B | 36.09B | 43.68B | 38.91B |
Other non-current liabilities | 653.65B | 136.46B | 148.24B | 119.80B | 139.68B | 136.00B | 136.27B | 124.85B | 147.28B | 117.76B | 141.97B | 127.79B | 156.76B | 135.01B | 141.91B | 138.64B | 197.45B | 172.85B | 161.52B | 152.45B | 163.08B | 165.48B | 176.62B | -9.96B | -10.47B | 222.41B | -10.90B | 192.87B | -10.20B | -9.81B | -9.65B | -41.73B | -49.41B | -47.33B | -45.64B | -43.28B | -45.95B | -36.09B | -43.68B | -38.91B |
Lease obligations, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Lease obligations, long-term | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Total liabilities | 724.95B | 701.54B | 705.97B | 671.94B | 683.25B | 688.80B | 668.43B | 668.61B | 673.36B | 652.78B | 659.56B | 655.49B | 681.68B | 667.80B | 657.91B | 683.56B | 766.54B | 767.85B | 746.15B | 740.19B | 736.39B | 731.97B | 727.13B | 755.67B | 748.41B | 763.83B | 773.52B | 679.48B | 732.36B | 683.63B | 672.29B | 647.75B | 671.22B | 699.85B | 688.96B | 688.96B | 702.29B | 732.61B | 733.76B | 749.25B |
Common stock and paid-in capital | 9.97B | 9.88B | 9.97B | 10.02B | 10.07B | 10.13B | 10.13B | 10.13B | 10.42B | 10.43B | 12.92B | 10.84B | 12.81B | 9.85B | 13.15B | 11.70B | 13.08B | 10.58B | 13.05B | 11.47B | 12.96B | 11.78B | 12.92B | 12.13B | 17.21B | 12.13B | 17.22B | 12.09B | 12.09B | 12.09B | 12.09B | 16.11B | 17.11B | 16.09B | 16.94B | 11.97B | 16.66B | 16.37B | 41.65B | 11.82B |
Retained earnings | 26.64B | 15.16B | 15.59B | 14.42B | 13.16B | 12.68B | 12.71B | 11.43B | 11.20B | 10.58B | 11.32B | 10.65B | 9.76B | 9.58B | 10.97B | 10.02B | 8.89B | 10.96B | 11.18B | 12.97B | 12.84B | 12.63B | 11.99B | 12.57B | 13.07B | 12.94B | 14.34B | 13.95B | 13.22B | 14.78B | 15.26B | 14.31B | 16.82B | 16.53B | 17.87B | 17.13B | 17.67B | 18.18B | 14.87B | -12.94B |
Accumulated other comprehensive income | 2.82B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 18.08B | 16.90B | 0.00 | 16.67B | 0.00 | 18.32B | 18.30B | 18.29B | 18.37B | 18.00B | 18.23B | 18.04B | 18.39B | 18.46B | 19.19B | 19.43B | 24.16B |
Shareholders' equity | 38.83B | 43.76B | 43.66B | 42.60B | 42.36B | 41.96B | 41.59B | 39.35B | 38.50B | 37.52B | 37.85B | 37.16B | 35.42B | 34.76B | 37.71B | 36.49B | 34.94B | 38.62B | 39.24B | 41.80B | 41.88B | 43.88B | 42.68B | 43.86B | 43.19B | 43.10B | 44.16B | 43.55B | 44.13B | 46.22B | 46.13B | 45.74B | 47.88B | 47.76B | 48.80B | 48.33B | 48.73B | 49.21B | 48.71B | 48.61B |
Minority interest | 11.07M | 9.94M | 16.00M | 14.00M | 19.00M | 18.00M | 16.00M | 28.00M | 41.00M | 42.00M | 40.00M | 31.00M | 37.00M | 40.00M | 9.00M | 8.00M | 12.00M | 10.00M | 9.00M | 7.00M | 11.00M | 10.00M | -35.00M | -36.00M | -38.00M | -42.00M | -40.00M | 9.00M | 16.00M | 16.00M | 718.00M | 754.00M | 791.00M | 734.00M | 752.00M | 763.00M | 746.00M | 844.00M | 805.00M | 795.00M |
| 71.30B | 76.19B | 6.64B | 71.83B | 6.14B | 69.96B | 7.00B | 65.92B | 6.67B | 62.66B | 6.49B | 60.07B | 6.21B | 60.68B | 6.85B | 55.32B | 6.59B | 56.50B | 8.22B | 58.33B | 8.68B | 55.75B | 8.08B | 9.96B | 10.47B | 64.67B | 10.90B | 56.88B | 10.20B | 9.81B | 9.65B | 49.91B | 49.41B | 47.33B | 45.64B | 43.28B | 45.95B | 46.72B | 43.68B | 46.66B | |
Net cash | -651.33M | 19.00B | 129.14B | 26.41B | 135.41B | 42.27B | 145.34B | 41.01B | 153.41B | 53.18B | 110.43B | 115.98B | 186.10B | 122.11B | 188.75B | 143.85B | 234.12B | 198.24B | 252.30B | 202.90B | 222.53B | 152.12B | 197.83B | 114.68B | 95.92B | 97.99B | 66.53B | 89.04B | 74.05B | 75.57B | 74.15B | 39.47B | 57.10B | 55.27B | 49.74B | 56.07B | 42.26B | 40.09B | 39.48B | 28.37B |
Working capital | 65.86B | -393.70B | -415.30B | -382.01B | -395.90B | -370.60B | -372.82B | -370.90B | -359.34B | -356.52B | -394.19B | -290.92B | -326.41B | -289.32B | -313.54B | -289.77B | -321.78B | -283.76B | -315.91B | -267.58B | -333.43B | -302.88B | -336.52B | 123.86B | 106.39B | -314.08B | 77.43B | -283.17B | 84.25B | 85.38B | 83.80B | 87.96B | 100.90B | 96.75B | 89.37B | 98.66B | 81.29B | 80.20B | 76.22B | 74.13B |
Book value per share | 19.36 | 21.73 | 21.71 | 21.04 | 20.78 | 20.51 | 20.33 | 19.17 | 18.39 | 17.32 | 13.76 | 13.51 | 16.03 | 14.17 | 15.74 | 15.03 | 14.20 | 16.06 | 14.93 | 15.76 | 15.66 | 15.55 | 15.12 | 15.60 | 15.25 | 15.34 | 15.72 | 15.49 | 15.70 | 16.45 | 16.44 | 16.31 | 17.07 | 17.21 | 17.50 | 17.34 | 17.58 | 17.97 | 17.67 | 17.80 |
Tangible book value | 28.63B | 33.55B | 36.43B | 35.31B | 34.89B | 34.45B | 34.05B | 31.76B | 30.91B | 29.93B | 30.25B | 29.54B | 27.91B | 27.31B | 30.54B | 29.37B | 27.98B | 31.75B | 32.46B | 35.07B | 35.15B | 37.18B | 36.02B | 37.21B | 36.59B | 36.50B | 37.54B | 36.93B | 37.48B | 39.59B | 39.52B | 39.12B | 41.30B | 41.19B | 42.27B | 41.79B | 42.24B | 42.74B | 42.24B | 42.13B |
Tangible book value per share | 14.28 | 16.66 | 18.11 | 17.44 | 17.12 | 16.84 | 16.65 | 15.47 | 14.77 | 13.82 | 11.00 | 10.74 | 12.63 | 11.13 | 12.75 | 12.10 | 11.37 | 13.21 | 12.35 | 13.23 | 13.14 | 13.17 | 12.76 | 13.23 | 12.92 | 12.99 | 13.36 | 13.13 | 13.34 | 14.09 | 14.08 | 13.95 | 14.72 | 14.84 | 15.15 | 15.00 | 15.24 | 15.61 | 15.33 | 15.42 |
Current ratio | 14.77 | 0.19 | 0.25 | 0.20 | 0.26 | 0.23 | 0.29 | 0.22 | 0.31 | 0.25 | 0.23 | 0.38 | 0.37 | 0.39 | 0.38 | 0.41 | 0.43 | 0.47 | 0.45 | 0.49 | 0.41 | 0.41 | 0.38 | 126.11 | — | 0.34 | — | 0.34 | — | — | — | 51.49 | 19.01 | 17.56 | 15.89 | 92.86 | 12.74 | 13.15 | 11.99 | 57.55 |
Debt to equity | 1.84 | 1.74 | 0.15 | 1.69 | 0.14 | 1.67 | 0.17 | 1.68 | 0.17 | 1.67 | 0.17 | 1.62 | 0.18 | 1.75 | 0.18 | 1.52 | 0.19 | 1.46 | 0.21 | 1.40 | 0.21 | 1.27 | 0.19 | 0.23 | 0.24 | 1.50 | 0.25 | 1.31 | 0.23 | 0.21 | 0.21 | 1.09 | 1.03 | 0.99 | 0.94 | 0.90 | 0.94 | 0.95 | 0.90 | 0.96 |
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.
Common questions about NatWest Group's cash and debt
Source: Financial Modeling Prep