Natwest Group PLC Cash Flow Conversion Efficiency
Natwest Group PLC cash flow conversion efficiency. Based on the latest financial reports, Natwest Group PLC (NWG) has a cash flow conversion efficiency ratio of 0.166x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($7.07 Billion) by net assets ($42.61 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Natwest Group PLC (1991–2025)
Cash flow conversion efficiency of Natwest Group PLC from 1991 to 2025. This chart illustrates how Natwest Group PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NWG stock price and chart for real-time trading data and today's change.
Natwest Group PLC Cash Flow Conversion Ratio Explained
Natwest Group PLC cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Natwest Group PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Natwest Group PLC ranked by their cash flow conversion efficiency. Also see market cap of Natwest Group PLC for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Barrick Gold Corp
TO:ABX
|
0.050x |
|
Barrick Mining Corporation
NYSE:B
|
0.071x |
|
ENGIE ADR/1 EO 1
F:GZFB
|
N/A |
|
TE Connectivity Ltd
NYSE:TEL
|
0.112x |
|
Air Products and Chemicals Inc
NYSE:APD
|
0.050x |
|
NetEase Inc
F:NEH
|
0.080x |
|
Wesfarmers Ltd
AU:WES
|
0.317x |
|
Public Storage
NYSE:PSA
|
0.094x |
Annual Cash Flow Conversion Efficiency for Natwest Group PLC (1991–2025)
The table below shows the annual cash flow conversion efficiency of Natwest Group PLC from 1991 to 2025. Review NWG cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $42.61 Billion | $7.07 Billion | 0.166x | +268.80% |
| 2024-12-31 | $39.38 Billion | $1.77 Billion | 0.045x | +109.60% |
| 2023-12-31 | $37.19 Billion | $-17.44 Billion | -0.469x | +60.75% |
| 2022-12-31 | $36.50 Billion | $-43.60 Billion | -1.195x | -1821.23% |
| 2021-12-31 | $773.56 Billion | $53.69 Billion | 0.069x | +88.33% |
| 2020-12-31 | $789.53 Billion | $29.09 Billion | 0.037x | +811.54% |
| 2019-12-31 | $713.06 Billion | $-3.69 Billion | -0.005x | -5.60% |
| 2018-12-31 | $46.49 Billion | $-228.00 Million | -0.005x | -100.62% |
| 2017-12-31 | $49.09 Billion | $38.74 Billion | 0.789x | +1168.12% |
| 2016-12-31 | $49.40 Billion | $-3.65 Billion | -0.074x | -535.78% |
| 2015-12-31 | $54.15 Billion | $918.00 Million | 0.017x | +105.01% |
| 2014-12-31 | $60.19 Billion | $-20.39 Billion | -0.339x | +34.52% |
| 2013-12-31 | $59.22 Billion | $-30.63 Billion | -0.517x | +19.22% |
| 2012-12-31 | $70.45 Billion | $-45.11 Billion | -0.640x | -2729.71% |
| 2011-12-31 | $76.05 Billion | $1.85 Billion | 0.024x | -90.30% |
| 2010-12-31 | $76.85 Billion | $19.29 Billion | 0.251x | +2494.57% |
| 2009-12-31 | $94.63 Billion | $-992.00 Million | -0.010x | +99.11% |
| 2008-12-31 | $64.31 Billion | $-75.34 Billion | -1.171x | -459.89% |
| 2007-12-31 | $91.43 Billion | $29.76 Billion | 0.325x | +17.85% |
| 2006-12-31 | $45.49 Billion | $12.56 Billion | 0.276x | +129.87% |
| 2005-12-31 | $37.54 Billion | $4.51 Billion | 0.120x | +80.24% |
| 2004-12-31 | $37.40 Billion | $2.49 Billion | 0.067x | -91.24% |
| 2003-12-31 | $25.89 Billion | $19.71 Billion | 0.761x | +60.11% |
| 2002-12-31 | $28.89 Billion | $13.74 Billion | 0.475x | +2204.46% |
| 2001-12-31 | $353.17 Billion | $7.29 Billion | 0.021x | -43.62% |
| 2000-12-31 | $309.57 Billion | $11.33 Billion | 0.037x | -37.17% |
| 1999-12-31 | $85.82 Billion | $5.00 Billion | 0.058x | +312.89% |
| 1998-12-31 | $77.06 Billion | $1.09 Billion | 0.014x | -57.74% |
| 1997-12-31 | $70.05 Billion | $2.34 Billion | 0.033x | -35.27% |
| 1996-12-31 | $58.87 Billion | $3.04 Billion | 0.052x | +25.19% |
| 1995-12-31 | $49.44 Billion | $2.04 Billion | 0.041x | +55.54% |
| 1994-12-31 | $43.62 Billion | $1.16 Billion | 0.026x | +277.56% |
| 1993-12-31 | $35.93 Billion | $252.00 Million | 0.007x | +283.10% |
| 1992-12-31 | $34.44 Billion | $-131.90 Million | -0.004x | -134.20% |
| 1991-12-31 | $32.06 Billion | $359.00 Million | 0.011x | -- |
About Natwest Group PLC
NatWest Group plc, together with its subsidiaries, provides banking and financial products and services in the United Kingdom and internationally. It operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. The Retail Banking segment offers a range of banking products and related financial services, such as current accounts, mortgages, personal unsecured lend… Read more