Natwest Group PLC (NWG) — Tangible Net Worth Ratio
Natwest Group PLC (NWG) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($43.83 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore NWG net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Natwest Group PLC Tangible Net Worth Ratio (1985–2025)
This chart shows how Natwest Group PLC's Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $43.83 Billion with intangible assets of $0.00 USD. For live market cap and overall valuation, see Natwest Group PLC stock valuation.
Annual Tangible Net Worth Ratio for Natwest Group PLC (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Natwest Group PLC from 1985 to 2025, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore NWG capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.8% | $42.61 Billion | $1.77 Billion | $714.55 Billion | ▲ +0.7 pp |
| 2024 | 95.1% | $39.38 Billion | $1.91 Billion | $707.99 Billion | ▲ +0.3 pp |
| 2023 | 94.8% | $37.19 Billion | $1.93 Billion | $692.67 Billion | ▼ -0.8 pp |
| 2022 | 95.6% | $36.50 Billion | $1.59 Billion | $720.05 Billion | ▼ -4.2 pp |
| 2021 | 99.8% | $773.56 Billion | $1.20 Billion | $781.99 Billion | ▼ 0.0 pp |
| 2020 | 99.9% | $789.53 Billion | $1.05 Billion | $799.49 Billion | ▲ +0.0 pp |
| 2019 | 99.9% | $713.06 Billion | $1.01 Billion | $723.04 Billion | ▲ +2.0 pp |
| 2018 | 97.8% | $46.49 Billion | $1.01 Billion | $694.24 Billion | ▼ -0.2 pp |
| 2017 | 98.0% | $49.09 Billion | $985.00 Million | $738.06 Billion | ▼ -0.1 pp |
| 2016 | 98.1% | $49.40 Billion | $922.00 Million | $798.66 Billion | ▼ -0.1 pp |
| 2015 | 98.2% | $54.15 Billion | $979.00 Million | $815.41 Billion | ▲ +0.7 pp |
| 2014 | 97.5% | $60.19 Billion | $1.52 Billion | $1.05 Trillion | ▲ +1.2 pp |
| 2013 | 96.2% | $59.22 Billion | $2.23 Billion | $1.03 Trillion | ▼ -0.5 pp |
| 2012 | 96.8% | $70.45 Billion | $2.28 Billion | $1.31 Trillion | ▼ 0.0 pp |
| 2011 | 96.8% | $76.05 Billion | $2.43 Billion | $1.51 Trillion | ▲ +15.6 pp |
| 2010 | 81.2% | $76.85 Billion | $14.45 Billion | $1.45 Trillion | ▲ +0.1 pp |
| 2009 | 81.1% | $94.63 Billion | $17.85 Billion | $1.70 Trillion | ▲ +12.3 pp |
| 2008 | 68.8% | $64.31 Billion | $20.05 Billion | $2.22 Trillion | ▼ -23.6 pp |
| 2007 | 92.4% | $91.43 Billion | $6.96 Billion | $1.84 Trillion | ▼ -5.4 pp |
| 2006 | 97.8% | $45.49 Billion | $1.01 Billion | $871.43 Billion | ▲ +50.9 pp |
| 2005 | 46.9% | $37.54 Billion | $19.93 Billion | $776.83 Billion | ▼ -1.6 pp |
| 2004 | 48.5% | $37.40 Billion | $19.24 Billion | $588.12 Billion | ▼ -0.7 pp |
| 2003 | 49.3% | $25.89 Billion | $13.13 Billion | $454.43 Billion | ▼ -6.8 pp |
| 2002 | 56.1% | $28.89 Billion | $12.70 Billion | $440.89 Billion | ▼ -40.2 pp |
| 2001 | 96.2% | $353.17 Billion | $13.32 Billion | $368.78 Billion | ▲ +0.1 pp |
| 2000 | 96.1% | $309.57 Billion | $12.08 Billion | $320.00 Billion | ▼ -3.9 pp |
| 1999 | 100.0% | $85.82 Billion | $0.00 | $88.85 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $77.06 Billion | $0.00 | $79.68 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | $70.05 Billion | $0.00 | $72.60 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | $58.87 Billion | $0.00 | $61.12 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | $49.44 Billion | $0.00 | $51.23 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | $43.62 Billion | $0.00 | $45.28 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $35.93 Billion | $0.00 | $37.44 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $34.44 Billion | $0.00 | $34.56 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $32.06 Billion | $0.00 | $32.18 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $29.97 Billion | $0.00 | $30.10 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $27.31 Billion | $0.00 | $27.44 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $21.53 Billion | $0.00 | $21.66 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $14.92 Billion | $0.00 | $15.03 Billion | — |