NWG vs SNTUF
NatWest Group PLC and Santander UK PLC, side by side — 10 fiscal years reported in GBP, drawn from SEC filings.
Most recent reported year
| Metric | NWG | SNTUF |
|---|---|---|
| Revenue | £30.2B | £4.7B |
| Net income | £5.8B | £1.1B |
| Gross margin | · | · |
| Net margin | 19.3% | 23.0% |
| Return on equity | 14.2% | 7.5% |
| Diluted EPS | £0.67 | · |
| Dividend / share | · | £0.08 |
| Payout ratio | 40.7% | 2.4% |
| Free cash flow | £6.4B | · |
| Equity | £42.6B | · |
| Net debt / equity | · | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 17.6% | 4.2% |
| Profit CAGR 5y | · | · |
NWG bills 6.4× the revenue of SNTUF, and SNTUF keeps more of each dollar of revenue as profit (23.0% against 19.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NWG | SNTUF |
|---|---|---|
| FY2025 | £30.2B | £4.7B |
| FY2024 | £29.3B | £4.7B |
| FY2023 | £25.4B | £5.1B |
| FY2022 | £16.6B | £5.0B |
| FY2021 | £12.7B | £4.5B |
| FY2020 | £13.4B | £3.9B |
| FY2019 | £18.2B | £4.0B |
| FY2018 | £16.7B | £4.5B |
| FY2017 | £16.1B | £4.9B |
| FY2016 | £15.9B | £4.8B |
Bottom line
| Fiscal year | NWG | SNTUF |
|---|---|---|
| FY2025 | £5.8B | £1.1B |
| FY2024 | £4.8B | £971.0M |
| FY2023 | £4.6B | £1.5B |
| FY2022 | £3.6B | £1.4B |
| FY2021 | £3.3B | £1.4B |
| FY2020 | £-434.0M | £452.0M |
| FY2019 | £3.8B | £714.0M |
| FY2018 | £2.2B | £1.1B |
| FY2017 | £1.5B | £1.3B |
| FY2016 | £-5.2B | £1.3B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +£25,514,000,000 | NWG |
| FY2024 | +£24,666,000,000 | NWG |
| FY2023 | +£20,286,000,000 | NWG |
| FY2022 | +£11,618,000,000 | NWG |
| FY2021 | +£8,203,000,000 | NWG |
| FY2020 | +£9,595,000,000 | NWG |
| FY2019 | +£14,128,000,000 | NWG |
| FY2018 | +£12,122,000,000 | NWG |
| FY2017 | +£11,151,000,000 | NWG |
| FY2016 | +£11,150,000,000 | NWG |
| FY2015 | +£12,317,000,000 | NWG |
NWG has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.7 pp | SNTUF |
| FY2024 | −4.4 pp | SNTUF |
| FY2023 | −12.0 pp | SNTUF |
| FY2022 | −6.4 pp | SNTUF |
| FY2021 | −4.7 pp | SNTUF |
| FY2020 | −15.5 pp | SNTUF |
| FY2019 | +2.8 pp | NWG |
| FY2018 | −12.4 pp | SNTUF |
| FY2017 | −17.1 pp | SNTUF |
| FY2016 | −60.4 pp | SNTUF |
| FY2015 | −28.1 pp | SNTUF |
The higher net margin has changed hands between NWG and SNTUF over this period.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWG's net margin has been more volatile than SNTUF's over the 11 comparable fiscal years — 16.6 percentage points of standard deviation against 5.3.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NWG and SNTUF over these 11 fiscal years — NWG led in 1 and SNTUF in 10.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWG's return on equity has been more volatile than SNTUF's over the 11 comparable fiscal years — 7.1 percentage points of standard deviation against 2.1.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NWG and SNTUF over these 11 fiscal years — NWG led in 5 and SNTUF in 6.
11 of 11 comparable fiscal years — a year missing data on either side is not counted.