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NatWest Group (NatWest Group) Pretax Margin % : 35.27% (As of Dec. 2023)


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What is NatWest Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NatWest Group's Pre-Tax Income for the three months ended in Dec. 2023 was $1,591 Mil. NatWest Group's Revenue for the three months ended in Dec. 2023 was $4,511 Mil. Therefore, NatWest Group's pretax margin for the quarter that ended in Dec. 2023 was 35.27%.

The historical rank and industry rank for NatWest Group's Pretax Margin % or its related term are showing as below:

NWG' s Pretax Margin % Range Over the Past 10 Years
Min: -33.01   Med: 21.6   Max: 41.8
Current: 41.76


NWG's Pretax Margin % is ranked better than
68.45% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs NWG: 41.76

NatWest Group Pretax Margin % Historical Data

The historical data trend for NatWest Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NatWest Group Pretax Margin % Chart

NatWest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.99 -5.14 37.18 38.44 41.80

NatWest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.53 46.90 45.81 38.19 35.27

Competitive Comparison of NatWest Group's Pretax Margin %

For the Banks - Regional subindustry, NatWest Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NatWest Group's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NatWest Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where NatWest Group's Pretax Margin % falls into.



NatWest Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

NatWest Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=7820.253/18707.595
=41.80 %

NatWest Group's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1591.139/4511.392
=35.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NatWest Group  (NYSE:NWG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


NatWest Group Pretax Margin % Related Terms

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NatWest Group (NatWest Group) Business Description

Address
Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.

NatWest Group (NatWest Group) Headlines