Natwest Group PLC (NYSE:NWG) — Market Cap & Net Worth

$74.11 Billion USD  · Rank #374

Market Cap & Net Worth: Natwest Group PLC (NWG)

Natwest Group PLC (NYSE:NWG) has a market capitalization of $74.11 Billion ($74.11 Billion) as of September 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #374 globally and #193 in its home market, demonstrating a -0.27% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Natwest Group PLC's stock price $18.62 by its total outstanding shares 3979881128 (3.98 Billion). Also see Natwest Group PLC assets under control for a full breakdown of the balance sheet.

Natwest Group PLC Market Cap History: 2015 to 2026

Natwest Group PLC's market capitalization history from 2015 to 2026. Data shows growth from $23.46 Billion to $74.11 Billion (9.93% CAGR). Also see cash flow conversion of Natwest Group PLC for how efficiently the company converts equity into cash flow.

Natwest Group PLC Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Natwest Group PLC's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Natwest Group PLC stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

2.36x

Natwest Group PLC's market cap is 2.36 times its annual revenue

Industry average: 1.84x Higher than industry average

Latest Price to Earnings (P/E) Ratio

11.94x

Natwest Group PLC's market cap is 11.94 times its annual earnings

Industry average: 91.94x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $14.63 Billion $14.92 Billion -$5.26 Billion 0.98x N/A
2017 $20.21 Billion $14.76 Billion $1.47 Billion 1.37x 13.72x
2018 $14.89 Billion $15.73 Billion $2.16 Billion 0.95x 6.89x
2019 $19.23 Billion $15.05 Billion $3.54 Billion 1.28x 5.43x
2020 $14.44 Billion $13.08 Billion -$372.00 Million 1.10x N/A
2021 $20.06 Billion $12.04 Billion $3.27 Billion 1.67x 6.14x
2022 $22.12 Billion $16.15 Billion $3.59 Billion 1.37x 6.16x
2023 $21.04 Billion $24.76 Billion $4.64 Billion 0.85x 4.54x
2024 $40.48 Billion $28.57 Billion $4.80 Billion 1.42x 8.43x
2025 $69.65 Billion $29.48 Billion $5.83 Billion 2.36x 11.94x

Competitor Companies of NWG by Market Capitalization

Companies near Natwest Group PLC in the global market cap rankings as of September 18, 2026. Review NWG intangible-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Natwest Group PLC by market ranking:

  • Mizuho Financial Group Inc. (NYSE:MFG): Ranked #186 globally with a market cap of $130.47 Billion USD.
  • China Merchants Bank Co Ltd (SHG:600036): Ranked #200 globally with a market cap of $123.52 Billion USD ( CN¥844.14 Billion CNY).
  • BNP Paribas SA (PA:BNP): Ranked #203 globally with a market cap of $122.45 Billion USD ( €104.73 Billion EUR).
  • UNICREDIT S.P.A. ADR (F:CRIP): Ranked #221 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#186 Mizuho Financial Group Inc. NYSE:MFG $130.47 Billion $10.93
#200 China Merchants Bank Co Ltd SHG:600036 $123.52 Billion CN¥40.92
#203 BNP Paribas SA PA:BNP $122.45 Billion €102.32
#221 UNICREDIT S.P.A. ADR F:CRIP $112.81 Billion €32.20

Natwest Group PLC Historical Marketcap From 2015 to 2026

Between 2015 and today, Natwest Group PLC's market cap moved from $23.46 Billion to $ 74.11 Billion, with a yearly change of 9.93%.

Year Market Cap Change (%)
2026 $74.11 Billion +6.40%
2025 $69.65 Billion +72.07%
2024 $40.48 Billion +92.37%
2023 $21.04 Billion -4.89%
2022 $22.12 Billion +10.30%
2021 $20.06 Billion +38.93%
2020 $14.44 Billion -24.93%
2019 $19.23 Billion +29.19%
2018 $14.89 Billion -26.34%
2017 $20.21 Billion +38.16%
2016 $14.63 Billion -37.65%
2015 $23.46 Billion --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of Natwest Group PLC was reported to be:

Source Market Cap
Yahoo Finance $74.11 Billion USD
MoneyControl $74.11 Billion USD
MarketWatch $74.11 Billion USD
marketcap.company $74.11 Billion USD
Reuters $74.11 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Natwest Group PLC

NYSE:NWG USA Banks - Regional
Market Cap
$74.11 Billion
Market Cap Rank
#374 Global
#193 in USA
Share Price
$18.62
Change (1 day)
+0.00%
52-Week Range
$13.62 - $19.42
All Time High
$19.42
About

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