Natwest Group PLC (NWG) — Cash Flow Quality Index

Latest as of June 2025: 3.84x

Natwest Group PLC (NWG) has a Cash Flow Quality Index of 3.84x as of June 2025. Operating cash flow of $5.12 Billion exceeds net income of $1.33 Billion, indicating high earnings quality where cash backs reported profits. Explore NWG long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

3.84x
Operating CF / Net Income

Operating Cash Flow

$5.12 Billion
USD

Net Income

$1.33 Billion
USD

Data as of

Jun 2025
Most recent filing

Natwest Group PLC Cash Flow Quality Index (1991–2024)

Historical Cash Flow Quality Index for Natwest Group PLC across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check NWG tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Natwest Group PLC (1991–2024)

Year-by-year earnings quality comparison for Natwest Group PLC. For live market cap and the full company financial profile, see NWG market cap overview.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 0.28x $1.77 Billion $6.28 Billion ▲ +687.0%
2023 -0.05x $-223.00 Million $4.64 Billion ▲ +99.5%
2022 -8.95x $-43.60 Billion $4.87 Billion ▼ -171.9%
2021 12.45x $53.69 Billion $4.31 Billion ▲ +1527.1%
2019 -0.87x $-3.69 Billion $4.23 Billion ▼ -1185.6%
2018 -0.07x $-228.00 Million $3.36 Billion ▼ -100.4%
2017 17.30x $38.74 Billion $2.24 Billion ▲ +471.7%
2007 3.03x $29.76 Billion $9.83 Billion ▲ +121.3%
2006 1.37x $12.56 Billion $9.19 Billion ▲ +140.6%
2005 0.57x $4.51 Billion $7.94 Billion ▲ +66.1%
2004 0.34x $2.49 Billion $7.28 Billion ▼ -89.4%
2003 3.24x $19.71 Billion $6.08 Billion ▲ +12.5%
2002 2.88x $13.74 Billion $4.76 Billion ▼ -16.7%
2000 3.46x $11.33 Billion $3.27 Billion ▼ -16.1%
1999 4.13x $5.00 Billion $1.21 Billion ▲ +258.4%
1998 1.15x $1.09 Billion $944.00 Million ▼ -65.6%
1997 3.35x $2.34 Billion $698.00 Million ▼ -31.2%
1996 4.87x $3.04 Billion $623.00 Million ▲ +44.0%
1995 3.38x $2.04 Billion $602.00 Million ▲ +40.6%
1994 2.41x $1.16 Billion $480.00 Million ▲ +179.8%
1993 0.86x $252.00 Million $293.00 Million ▲ +133.2%
1992 -2.59x $-131.90 Million $50.90 Million ▼ -154.8%
1991 4.73x $359.00 Million $75.90 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.