Diversified Utilities
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NWE vs AVA
Revenue, margins, valuation, and 5-year total return — side by side.
Diversified Utilities
NWE vs AVA — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Diversified Utilities | Diversified Utilities |
| Market Cap | $4.37B | $3.35B |
| Revenue (TTM) | $1.64B | $1.96B |
| Net Income (TTM) | $168M | $193M |
| Gross Margin | 61.9% | 54.6% |
| Operating Margin | 19.2% | 18.0% |
| Forward P/E | 18.9x | 15.8x |
| Total Debt | $3.29B | $3.38B |
| Cash & Equiv. | $9M | $19M |
NWE vs AVA — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Northwestern Energy… (NWE) | 100 | 118.2 | +18.2% |
| Avista Corporation (AVA) | 100 | 103.6 | +3.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NWE vs AVA
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NWE carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 6.4%, EPS growth -19.5%, 3Y rev CAGR 2.9%
- 63.9% 10Y total return vs AVA's 39.6%
- Lower volatility, beta 0.24, current ratio 0.72x
AVA is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 22 yrs, beta -0.00, yield 4.8%
- Beta -0.00, yield 4.8%, current ratio 0.83x
- Lower P/E (15.8x vs 18.9x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.4% revenue growth vs AVA's 1.3% | |
| Value | Lower P/E (15.8x vs 18.9x) | |
| Quality / Margins | 10.2% margin vs AVA's 9.8% | |
| Stability / Safety | Lower D/E ratio (113.9% vs 124.6%) | |
| Dividends | 4.8% yield, 22-year raise streak, vs NWE's 3.7% | |
| Momentum (1Y) | +27.0% vs AVA's +1.8% | |
| Efficiency (ROA) | 2.4% ROA vs NWE's 2.0%, ROIC 4.5% vs 4.0% |
NWE vs AVA — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
NWE vs AVA — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NWE leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
AVA and NWE operate at a comparable scale, with $2.0B and $1.6B in trailing revenue. Profitability is closely matched — net margins range from 10.2% (NWE) to 9.8% (AVA). On growth, NWE holds the edge at +6.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.6B | $2.0B |
| EBITDAEarnings before interest/tax | $569M | $643M |
| Net IncomeAfter-tax profit | $168M | $193M |
| Free Cash FlowCash after capex | -$148M | $469M |
| Gross MarginGross profit ÷ Revenue | +61.9% | +54.6% |
| Operating MarginEBIT ÷ Revenue | +19.2% | +18.0% |
| Net MarginNet income ÷ Revenue | +10.2% | +9.8% |
| FCF MarginFCF ÷ Revenue | -9.0% | +23.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +6.6% | +0.0% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.6% | +3.6% |
Valuation Metrics
AVA leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 17.1x trailing earnings, AVA trades at a 29% valuation discount to NWE's 24.2x P/E. On an enterprise value basis, AVA's 10.4x EV/EBITDA is more attractive than NWE's 13.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.4B | $3.3B |
| Enterprise ValueMkt cap + debt − cash | $7.7B | $6.7B |
| Trailing P/EPrice ÷ TTM EPS | 24.18x | 17.05x |
| Forward P/EPrice ÷ next-FY EPS est. | 18.95x | 15.83x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.70x |
| EV / EBITDAEnterprise value multiple | 13.30x | 10.43x |
| Price / SalesMarket cap ÷ Revenue | 2.71x | 1.71x |
| Price / BookPrice ÷ Book value/share | 1.51x | 1.21x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
AVA leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
AVA delivers a 7.3% return on equity — every $100 of shareholder capital generates $7 in annual profit, vs $6 for NWE. NWE carries lower financial leverage with a 1.14x debt-to-equity ratio, signaling a more conservative balance sheet compared to AVA's 1.25x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.8% | +7.3% |
| ROA (TTM)Return on assets | +2.0% | +2.4% |
| ROICReturn on invested capital | +4.0% | +4.5% |
| ROCEReturn on capital employed | +4.4% | +4.7% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 1.14x | 1.25x |
| Net DebtTotal debt minus cash | $3.3B | $3.4B |
| Cash & Equiv.Liquid assets | $9M | $19M |
| Total DebtShort + long-term debt | $3.3B | $3.4B |
| Interest CoverageEBIT ÷ Interest expense | 2.25x | 2.47x |
Total Returns (Dividends Reinvested)
NWE leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NWE five years ago would be worth $12,256 today (with dividends reinvested), compared to $10,560 for AVA. Over the past 12 months, NWE leads with a +27.0% total return vs AVA's +1.8%. The 3-year compound annual growth rate (CAGR) favors NWE at 9.8% vs AVA's 1.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +10.8% | +6.1% |
| 1-Year ReturnPast 12 months | +27.0% | +1.8% |
| 3-Year ReturnCumulative with dividends | +32.4% | +4.3% |
| 5-Year ReturnCumulative with dividends | +22.6% | +5.6% |
| 10-Year ReturnCumulative with dividends | +63.9% | +39.6% |
| CAGR (3Y)Annualised 3-year return | +9.8% | +1.4% |
Risk & Volatility
Evenly matched — NWE and AVA each lead in 1 of 2 comparable metrics.
Risk & Volatility
AVA is the less volatile stock with a -0.00 beta — it tends to amplify market swings less than NWE's 0.24 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.24x | -0.00x |
| 52-Week HighHighest price in past year | $75.18 | $43.49 |
| 52-Week LowLowest price in past year | $50.46 | $35.50 |
| % of 52W HighCurrent price vs 52-week peak | +94.5% | +93.3% |
| RSI (14)Momentum oscillator 0–100 | 51.4 | 50.6 |
| Avg Volume (50D)Average daily shares traded | 459K | 559K |
Analyst Outlook
AVA leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates NWE as "Hold" and AVA as "Hold". Consensus price targets imply 0.2% upside for AVA (target: $41) vs -6.7% for NWE (target: $66). For income investors, AVA offers the higher dividend yield at 4.83% vs NWE's 3.70%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $66.33 | $40.67 |
| # AnalystsCovering analysts | 18 | 15 |
| Dividend YieldAnnual dividend ÷ price | +3.7% | +4.8% |
| Dividend StreakConsecutive years of raises | 20 | 22 |
| Dividend / ShareAnnual DPS | $2.63 | $1.96 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
AVA leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). NWE leads in 2 (Income & Cash Flow, Total Returns). 1 tied.
NWE vs AVA: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NWE or AVA a better buy right now?
For growth investors, Northwestern Energy Group Inc (NWE) is the stronger pick with 6.
4% revenue growth year-over-year, versus 1. 3% for Avista Corporation (AVA). Avista Corporation (AVA) offers the better valuation at 17. 1x trailing P/E (15. 8x forward), making it the more compelling value choice. Analysts rate Northwestern Energy Group Inc (NWE) a "Hold" — based on 18 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NWE or AVA?
On trailing P/E, Avista Corporation (AVA) is the cheapest at 17.
1x versus Northwestern Energy Group Inc at 24. 2x. On forward P/E, Avista Corporation is actually cheaper at 15. 8x.
03Which is the better long-term investment — NWE or AVA?
Over the past 5 years, Northwestern Energy Group Inc (NWE) delivered a total return of +22.
6%, compared to +5. 6% for Avista Corporation (AVA). Over 10 years, the gap is even starker: NWE returned +63. 9% versus AVA's +39. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NWE or AVA?
By beta (market sensitivity over 5 years), Avista Corporation (AVA) is the lower-risk stock at -0.
00β versus Northwestern Energy Group Inc's 0. 24β — meaning NWE is approximately -8040% more volatile than AVA relative to the S&P 500. On balance sheet safety, Northwestern Energy Group Inc (NWE) carries a lower debt/equity ratio of 114% versus 125% for Avista Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — NWE or AVA?
By revenue growth (latest reported year), Northwestern Energy Group Inc (NWE) is pulling ahead at 6.
4% versus 1. 3% for Avista Corporation (AVA). On earnings-per-share growth, the picture is similar: Avista Corporation grew EPS 4. 4% year-over-year, compared to -19. 5% for Northwestern Energy Group Inc. Over a 3-year CAGR, AVA leads at 4. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NWE or AVA?
Northwestern Energy Group Inc (NWE) is the more profitable company, earning 11.
2% net margin versus 9. 8% for Avista Corporation — meaning it keeps 11. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NWE leads at 20. 2% versus 18. 0% for AVA. At the gross margin level — before operating expenses — NWE leads at 82. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NWE or AVA more undervalued right now?
On forward earnings alone, Avista Corporation (AVA) trades at 15.
8x forward P/E versus 18. 9x for Northwestern Energy Group Inc — 3. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AVA: 0. 2% to $40. 67.
08Which pays a better dividend — NWE or AVA?
All stocks in this comparison pay dividends.
Avista Corporation (AVA) offers the highest yield at 4. 8%, versus 3. 7% for Northwestern Energy Group Inc (NWE).
09Is NWE or AVA better for a retirement portfolio?
For long-horizon retirement investors, Avista Corporation (AVA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
00), 4. 8% yield). Both have compounded well over 10 years (AVA: +39. 6%, NWE: +63. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NWE and AVA?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NWE is a small-cap income-oriented stock; AVA is a small-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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