Not anymore, the security model for native applications is broken, OS does not sandbox applications as effectively as browsers do. Pre Web 2.0 you constantly had all sorts of installed in your system because of installers just doing as they pleased, Applications like Adobe CC abuse the root rights have critical security flaws because of this, run many system services, mess up registry, Oracle put adware on the JRE installers. Large and small companies constantly abused this. 5-6 months you would reinstall your OS just to get a clean base, the performance boost on a fresh install was always strange experience, you felt happy on the boost but you also sad will not last even few weeks.

While there are high performance and graphics heavy tools and niche products that still require native apps , with tech like WebGL , WASM , WebAssembly this limitation is also going away. Unless your application falls into this category where the gap between Browsers and native is still very big, do your users a favour and build a non native application.