NatWest Group Free Cash Flow (FCF) History (NWG)
NatWest Group reported £6.41B in free cash flow for fiscal 2025, an increase of 389.83% from the previous fiscal year, with a free cash flow margin of 21.19%.
View full NatWest Group company overviewNatWest Group free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | £6.41B | £5.10B | +389.83% | +21.19% |
| 2024 | 2024-12-31 | £1.31B | £19.56B | — | +4.46% |
| 2023 | 2023-12-31 | −£18.25B | £25.99B | — | −71.90% |
| 2022 | 2022-12-31 | −£44.24B | −£97.02B | — | −266.90% |
| 2021 | 2021-12-31 | £52.78B | £24.06B | +83.79% | +415.55% |
| 2020 | 2020-12-31 | £28.72B | £32.36B | — | +213.57% |
| 2019 | 2019-12-31 | −£3.64B | £3.73B | — | −20.03% |
| 2018 | 2018-12-31 | −£7.37B | −£41.95B | — | −44.23% |
| 2017 | 2017-12-31 | £34.58B | £39.14B | — | +215.28% |
| 2016 | 2016-12-31 | −£4.56B | −£4.70B | — | −28.61% |
| 2015 | 2015-12-31 | £135.0M | — | — | +0.80% |
NatWest Group quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
NatWest Group free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from £28.72B to £6.41B, a compound annual decline of 25.92%.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review NatWest Group filings at SEC.gov ↗