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Northwestern Energy Group Inc(NWE)Earnings, Financials & Key Ratios
NWE•NASDAQ•Utilities
$71.08
$4.37B mkt cap·24.2× P/E·Price updated May 6, 2026
AboutNorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,819 miles of electric transmission and 18,177 miles of electric distribution lines with approximately 400 transmission and distribution substations; and 2,166 miles of natural gas transmission and 4,945 miles of natural gas distribution lines with approximately 138 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,320 miles of electric distribution lines in South Dakota; and 55 miles of natural gas transmission and 2,517 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 753,600 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.Show more
- Revenue$1.61B+6.4%
- EBITDA$575M+4.4%
- Net Income$181M-19.2%
- Free Cash Flow-$130M+8.8%
- EBITDA Margin35.72%-1.8%
- Net Margin11.24%-24.0%
- ROE6.31%-20.6%
- Interest Coverage2.25-14.6%
- Debt/Equity1.14+5.0%
- Net Debt/EBITDA5.70+1.4%
- CapEx / Revenue32.56%-10.2%
- CapEx Coverage0.75+1.6%
NWE Key Insights
Northwestern Energy Group Inc (NWE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓20 years of consecutive dividend growth
- ✓20 consecutive years of dividend growth
- ✓Healthy dividend yield of 3.7%
✗Weaknesses
- ✗High leverage: 5.7x Debt/EBITDA
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NWE Price & Volume
Northwestern Energy Group Inc (NWE) stock price & volume — 10-year historical chart
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NWE Growth Metrics
Northwestern Energy Group Inc (NWE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.86%
5 Years6.09%
3 Years2.91%
TTM9.06%
Profit CAGR
10 Years1.82%
5 Years3.13%
3 Years-0.35%
TTM-28.98%
EPS CAGR
10 Years-0.75%
5 Years-0.8%
3 Years-3.29%
TTM-29.17%
Return on Capital
10 Years4.66%
5 Years4.35%
3 Years4.42%
Last Year4.36%
NWE Recent Earnings
Northwestern Energy Group Inc (NWE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
Apr 29, 2026EPS
$1.31
Est $1.29
+1.6%
Revenue
$498M
Est $502M
-0.9%
Q1 2026
Feb 11, 2026EPS
$1.17
Est $1.19
-1.7%
Revenue
$414M
Est $414M
+0.0%
Q4 2025
Oct 29, 2025EPS
$0.79
Est $0.75
+5.3%
Revenue
$387M
Est $413M
-6.3%
Q3 2025
Jul 30, 2025EPS
$0.40
Est $0.38
+5.3%
Revenue
$343M
Est $374M
-8.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $1.31vs $1.29+1.6% | $498Mvs $502M-0.9% |
| Q1 2026 | Feb 11, 2026 | $1.17vs $1.19-1.7% | $414Mvs $414M+0.0% |
| Q4 2025 | Oct 29, 2025 | $0.79vs $0.75+5.3% | $387Mvs $413M-6.3% |
| Q3 2025 | Jul 30, 2025 | $0.40vs $0.38+5.3% | $343Mvs $374M-8.2% |
Based on last 12 quarters of dataView full earnings history →
NWE Peer Comparison
Northwestern Energy Group Inc (NWE) competitors in Regulated electric and gas utilities — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AVA | 3.35B | 40.58 | 17.05 | 1.34% | 9.83% | 7.25% | 1.25 | |
 OTTR | 3.73B | 88.89 | 13.57 | -1.99% | 21.34% | 15.21% | 0.59 | |
 IDA | 7.98B | 144.08 | 24.42 | -0.75% | 18.61% | 9.4% | 1.02 | |
 POR | 5.65B | 48.82 | 17.69 | -1.95% | 7.22% | 6.25% | 1.34 | |
 MGEE | 2.97B | 80.80 | 21.72 | 9.85% | 18.61% | 10.82% | 0.72 | |
 BKH | 5.62B | 73.83 | 18.55 | 8.57% | 12.62% | 7.68% | 1.20 | |
 NWN | 2.05B | 48.66 | 17.57 | 11.83% | 9.56% | 8.27% | 1.87 | |
 SR | 5.09B | 86.21 | 19.73 | -4.5% | 14.48% | 10.44% | 1.54 |
Compare NWE vs Peers
Northwestern Energy Group Inc (NWE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NWE Income Statement
Northwestern Energy Group Inc (NWE) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.31B | 1.19B | 1.26B | 1.2B | 1.37B | 1.48B | 1.42B | 1.51B | 1.61B | 1.64B |
| Revenue Growth % | 3.85% | -8.7% | 5.53% | -4.71% | 14.49% | 7.69% | -3.77% | 6.45% | 6.38% | 9.06% |
| Cost of Revenue | 410.35M | 272.88M | 527.07M | 306.19M | 425.55M | 713.44M | 640.79M | 227.84M | 284.92M | 625.33M |
| Gross Profit | 895.3M▲ 0% | 919.13M▲ 2.7% | 730.84M▼ 20.5% | 892.48M▲ 22.1% | 946.77M▲ 6.1% | 764.4M▼ 19.3% | 781.36M▲ 2.2% | 1.29B▲ 64.6% | 1.33B▲ 3.1% | 1.02B▲ 0% |
| Gross Margin % | 68.57% | 77.11% | 58.1% | 74.46% | 68.99% | 51.72% | 54.94% | 84.95% | 82.31% | 61.9% |
| Gross Profit Growth % | 4.56% | 2.66% | -20.49% | 22.12% | 6.08% | -19.26% | 2.22% | 64.59% | 3.08% | - |
| Operating Expenses | 633.89M | 652.85M | 453.99M | 656.28M | 671.09M | 501.32M | 480.9M | 962.74M | 999.82M | 701.04M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 427.55M | 440.75M | 449.77M | 415.85M | 463.15M | 458.1M | 510.93M | 550.96M | 575.34M | 569.06M |
| EBITDA Margin % | 32.75% | 36.98% | 35.76% | 34.69% | 33.75% | 31% | 35.93% | 36.39% | 35.72% | 34.67% |
| EBITDA Growth % | 5.49% | 3.09% | 2.05% | -7.54% | 11.37% | -1.09% | 11.53% | 7.83% | 4.43% | -1.76% |
| Depreciation & Amortization | 166.14M | 174.48M | 172.92M | 179.64M | 187.47M | 195.02M | 210.47M | 227.63M | 249.53M | 253.94M |
| D&A / Revenue % | 12.72% | 14.64% | 13.75% | 14.99% | 13.66% | 13.2% | 14.8% | 15.04% | 15.49% | 15.47% |
| Operating Income (EBIT) | 261.42M▲ 0% | 266.27M▲ 1.9% | 276.85M▲ 4.0% | 236.2M▼ 14.7% | 275.68M▲ 16.7% | 263.08M▼ 4.6% | 300.45M▲ 14.2% | 323.32M▲ 7.6% | 325.82M▲ 0.8% | 315.12M▲ 0% |
| Operating Margin % | 20.02% | 22.34% | 22.01% | 19.71% | 20.09% | 17.8% | 21.13% | 21.36% | 20.23% | 19.2% |
| Operating Income Growth % | 6.29% | 1.86% | 3.97% | -14.68% | 16.71% | -4.57% | 14.21% | 7.61% | 0.77% | - |
| Interest Expense | 92.26M | 91.99M | 95.07M | 96.81M | 93.67M | 100.11M | 114.62M | 131.67M | 150.35M | 4M |
| Interest Coverage | 2.91x | 2.94x | 2.83x | 2.49x | 3.03x | 2.82x | 2.76x | 2.63x | 2.25x | - |
| Interest / Revenue % | 7.07% | 7.72% | 7.56% | 8.08% | 6.83% | 6.77% | 8.06% | 8.7% | 9.34% | 0.24% |
| Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
| Pretax Income | 176.07M▲ 0% | 178.25M▲ 1.2% | 182.19M▲ 2.2% | 144.25M▼ 20.8% | 190.26M▲ 31.9% | 182.4M▼ 4.1% | 201.67M▲ 10.6% | 214.67M▲ 6.4% | 187.56M▼ 12.6% | 172.66M▲ 0% |
| Pretax Margin % | 13.49% | 14.95% | 14.48% | 12.03% | 13.86% | 12.34% | 14.18% | 14.18% | 11.65% | 10.52% |
| Income Tax | 13.37M | -18.71M | -19.93M | -10.97M | 3.42M | -605K | 7.54M | -9.44M | 6.47M | 5.08M |
| Effective Tax Rate % | 7.59% | -10.5% | -10.94% | -7.61% | 1.8% | -0.33% | 3.74% | -4.4% | 3.45% | 2.94% |
| Net Income | 162.7M▲ 0% | 196.96M▲ 21.1% | 202.12M▲ 2.6% | 155.22M▼ 23.2% | 186.84M▲ 20.4% | 183.01M▼ 2.1% | 194.13M▲ 6.1% | 224.11M▲ 15.4% | 181.09M▼ 19.2% | 167.58M▲ 0% |
| Net Margin % | 12.46% | 16.52% | 16.07% | 12.95% | 13.61% | 12.38% | 13.65% | 14.8% | 11.24% | 10.21% |
| Net Income Growth % | -0.89% | 21.05% | 2.62% | -23.21% | 20.38% | -2.05% | 6.08% | 15.44% | -19.2% | -28.98% |
| EPS (Diluted) | 3.34▲ 0% | 3.92▲ 17.4% | 3.98▲ 1.5% | 3.06▼ 23.1% | 3.60▲ 17.6% | 3.25▼ 9.7% | 3.22▼ 0.9% | 3.65▲ 13.4% | 2.94▼ 19.5% | 2.72▲ 0% |
| EPS Growth % | -1.47% | 17.37% | 1.53% | -23.12% | 17.65% | -9.72% | -0.92% | 13.35% | -19.45% | -29.17% |
| EPS (Basic) | 3.35 | 3.94 | 4.01 | 3.07 | 3.61 | 3.28 | 3.22 | 3.66 | 2.95 | - |
| Diluted Shares Outstanding | 48.66M | 50.24M | 50.75M | 50.7M | 51.87M | 56.29M | 60.36M | 61.37M | 61.38M | 61.63M |
NWE Balance Sheet
Northwestern Energy Group Inc (NWE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5.42B | 5.64B | 6.08B | 6.39B | 6.78B | 7.32B | 7.6B | 8B | 8.46B | 8.58B |
| Asset Growth % | -1.43% | 4.12% | 7.78% | 5.03% | 6.12% | 7.92% | 3.87% | 5.22% | 5.78% | 22.85% |
| PP&E (Net) | 4.36B | 4.52B | 4.7B | 4.95B | 5.25B | 5.66B | 6.04B | 6.4B | 6.74B | 6.79B |
| PP&E / Total Assets % | 80.4% | 80.1% | 77.27% | 77.52% | 77.39% | 77.31% | 79.46% | 80% | 79.66% | 79.16% |
| Total Current Assets | 296.36M | 277.69M | 301.73M | 308.68M | 437.8M | 538.82M | 407.01M | 418.19M | 503.94M | 513.17M |
| Cash & Equivalents | 8.47M | 7.86M | 5.14M | 5.81M | 2.82M | 8.49M | 9.16M | 4.28M | 8.78M | 5.86M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 52.43M | 50.81M | 53.92M | 61.01M | 80.61M | 107.36M | 114.54M | 122.94M | 132.51M | 134.07M |
| Other Current Assets | 53.17M | 56.64M | 61.36M | 56.26M | 131.48M | 178.02M | 45.65M | 103.2M | 152.9M | 173.97M |
| Long-Term Investments | 13.59M | 42.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 357.59M | 357.59M | 357.59M | 357.59M | 357.59M | 357.59M | 357.59M | 357.59M | 367.63M | 367.63M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 54.39M | 50.21M | 723.25M | 770.25M | 737.83M | 763.89M | 796.26M | 823.48M | 849.26M | 907.7M |
| Total Liabilities | 3.62B | 3.7B | 4.04B | 4.31B | 4.44B | 4.65B | 4.82B | 5.14B | 5.57B | 5.67B |
| Total Debt | 2.14B | 2.12B | 2.25B | 2.43B | 2.56B | 2.63B | 2.79B | 3.1B | 3.29B | 3.28B |
| Net Debt | 2.13B | 2.12B | 2.25B | 2.43B | 2.55B | 2.62B | 2.78B | 3.1B | 3.28B | 3.28B |
| Long-Term Debt | 1.79B | 2.1B | 2.23B | 2.32B | 2.54B | 2.47B | 2.68B | 2.7B | 3.18B | 3.18B |
| Short-Term Borrowings | 321.69M | 2.3M | 0 | 100M | 0 | 144.53M | 99.95M | 399.95M | 106.83M | 106.83M |
| Capital Lease Obligations | 24.35M | 22.21M | 19.91M | 17.44M | 14.77M | 11.9M | 8.8M | 5.46M | 1.86M | 6.53M |
| Total Current Liabilities | 632.24M | 347.01M | 334.27M | 466.42M | 379.64M | 620.85M | 534.9M | 802.2M | 697.45M | 730.92M |
| Accounts Payable | 85.16M | 87.04M | 96.69M | 100.39M | 115.24M | 201.5M | 124.34M | 111.79M | 129.63M | 121.8M |
| Accrued Expenses | 210.05M | 216.79M | 202.02M | 61.54M | 73.43M | 84.25M | 41.77M | 106.56M | 0 | 365.26M |
| Deferred Revenue | 210.05M | 216.79M | 56.87M | 16.02M | 29.01M | 26.14M | 27.66M | 16.54M | 138.25M | 0 |
| Other Current Liabilities | 13.21M | 38.58M | 33.08M | 96.39M | 72.92M | 65.25M | 237.84M | 82.05M | 368.15M | 502.3M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 2.2B |
| Other Liabilities | 788.03M | 788.02M | 954.55M | 976.94M | 927.3M | 914.22M | 882.35M | 853.74M | 824.14M | 1.01B |
| Total Equity | 1.8B▲ 0% | 1.94B▲ 8.0% | 2.04B▲ 5.0% | 2.08B▲ 2.0% | 2.34B▲ 12.5% | 2.67B▲ 13.9% | 2.79B▲ 4.5% | 2.86B▲ 2.6% | 2.89B▲ 1.0% | 2.91B▲ 0% |
| Equity Growth % | 7.32% | 7.98% | 4.98% | 1.96% | 12.54% | 13.91% | 4.51% | 2.6% | 0.98% | 6.25% |
| Shareholders Equity | 1.8B | 1.94B | 2.04B | 2.08B | 2.34B | 2.67B | 2.79B | 2.86B | 2.89B | 2.91B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 530K | 539K | 541K | 541K | 576K | 633K | 648K | 648K | 649K | 650K |
| Additional Paid-in Capital | 1.45B | 1.5B | 1.51B | 1.51B | 1.72B | 2B | 2.08B | 2.08B | 2.09B | 0 |
| Retained Earnings | 458.35M | 548.25M | 635.25M | 670.11M | 728.47M | 771.41M | 811.5M | 877.02M | 896.72M | 919.14M |
| Accumulated OCI | -8.77M | -9.93M | -9.65M | -7.27M | -7.31M | -7.85M | -7.66M | -6.7M | -6.06M | -5.95M |
| Return on Assets (ROA) | 2.98% | 3.56% | 3.45% | 2.49% | 2.84% | 2.6% | 2.6% | 2.87% | 2.2% | 2% |
| Return on Equity (ROE) | 9.36% | 10.53% | 10.15% | 7.54% | 8.46% | 7.31% | 7.12% | 7.94% | 6.31% | 5.8% |
| Debt / Equity | 1.19x | 1.09x | 1.10x | 1.17x | 1.09x | 0.99x | 1.00x | 1.09x | 1.14x | 1.14x |
| Debt / Assets | 39.43% | 37.64% | 37.04% | 38.07% | 37.7% | 35.95% | 36.75% | 38.77% | 38.87% | 38.27% |
| Net Debt / EBITDA | 4.98x | 4.80x | 5.00x | 5.84x | 5.51x | 5.72x | 5.45x | 5.62x | 5.70x | 5.70x |
| Book Value per Share | 36.97 | 38.66 | 40.18 | 41 | 45.11 | 47.35 | 46.15 | 46.56 | 47.01 | 47.2 |
NWE Cash Flow Statement
Northwestern Energy Group Inc (NWE) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 323.61M | 381.99M | 296.7M | 352.15M | 219.98M | 307.24M | 489.23M | 406.74M | 394.45M | 394.45M |
| Operating CF Growth % | 11.97% | 18.04% | -22.33% | 18.69% | -37.53% | 39.67% | 59.23% | -16.86% | -3.02% | -7.59% |
| Operating CF / Revenue % | 24.79% | 32.05% | 23.59% | 29.38% | 16.03% | 20.79% | 34.4% | 26.87% | 24.49% | 24.03% |
| Net Income | 162.7M | 196.96M | 202.1M | 155.22M | 186.84M | 183.01M | 194.13M | 224.11M | 181.09M | 167.58M |
| Depreciation & Amortization | 4.79M | 4.64M | 5.86M | 0 | 187.42M | 5.32M | 210.47M | 227.63M | 4.42M | 126.1M |
| Deferred Taxes | 12.36M | -13.19M | -13.86M | -7.57M | 525K | -8.99M | 6.58M | -8.97M | 7.12M | 8.19M |
| Other Non-Cash Items | 160.02M | 170.4M | 165.8M | 177.7M | -5.84M | 181.31M | -12.16M | -9.88M | 270.47M | 152.92M |
| Working Capital Changes | -21.84M | 15.49M | -71.2M | 22.66M | -154.31M | -58.89M | 85.02M | -30.87M | -75.63M | -61.08M |
| Capital Expenditures | -276.44M | -283.97M | -316M | -405.76M | -434.33M | -515.14M | -566.89M | -549.24M | -524.46M | -548.41M |
| CapEx / Revenue % | 21.17% | 23.82% | 25.12% | 33.85% | 31.65% | 34.86% | 39.86% | 36.28% | 32.56% | 33.41% |
| CapEx / D&A | 57.66x | 61.13x | 53.95x | - | 2.32x | 96.81x | 2.69x | 2.41x | 118.76x | 4.35x |
| CapEx Coverage (OCF/CapEx) | 1.17x | 1.35x | 0.94x | 0.87x | 0.51x | 0.60x | 0.86x | 0.74x | 0.75x | 0.72x |
| Cash from Investing | -276.06M | -304.9M | -316.2M | -405.8M | -435.83M | -516.86M | -570.81M | -554.46M | -570.63M | -590M |
| Acquisitions | 379K | -18.5M | -100K | 0 | 0 | 0 | 0 | 0 | -35.94M | -35.94M |
| Purchase of Investments | 0 | -2.5M | -135K | -42K | -1.5M | -1.72M | -3.92M | 0 | -10.24M | -4.46M |
| Sale of Investments | 0 | 0 | 135K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 379K | 71K | -100K | 0 | -1.5M | -1.72M | 0 | -5.22M | 0 | -1.19M |
| Cash from Financing | -44.16M | -73.8M | 16.2M | 58.68M | 217.52M | 213.32M | 84.31M | 151.55M | 177.9M | 137.07M |
| Dividends Paid | -101.27M | -109.2M | -115.13M | -120.35M | -128.48M | -140.06M | -154.05M | -158.59M | -161.39M | -162.12M |
| Dividend Payout Ratio % | 62.24% | 55.44% | 56.96% | 77.54% | 68.77% | 76.53% | 79.35% | 70.76% | 89.12% | - |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Stock Issued | 54.75M | 47.05M | 1.43M | 0 | 196.95M | 277.57M | 74.68M | 1.19M | 709K | 0 |
| Share Repurchases | 0 | 0 | 0 | -1.39M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -16.38M | -91K | -1.11M | -2.58M | -909K | -1.19M | -4.33M | -1.05M | -4.5M | 341.19M |
| Net Change in Cash | 3.39M▲ 0% | 3.28M▼ 3.3% | -3.2M▼ 197.5% | 5.03M▲ 257.1% | 1.67M▼ 66.9% | 3.7M▲ 122.1% | 2.72M▼ 26.4% | 3.83M▲ 40.6% | 1.72M▼ 55.1% | -52.46M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 5.08M | 12.03M | 15.3M | 12.07M | 17.1M | 18.76M | 22.46M | 25.19M | 29.02M | 30.74M |
| Cash at End | 8.47M | 15.31M | 12.1M | 17.1M | 18.76M | 22.46M | 25.19M | 29.02M | 30.74M | 27.61M |
| Free Cash Flow | 47.17M▲ 0% | 98.02M▲ 107.8% | -19.3M▼ 119.7% | -53.61M▼ 177.8% | -214.35M▼ 299.8% | -207.9M▲ 3.0% | -77.66M▲ 62.6% | -142.5M▼ 83.5% | -130M▲ 8.8% | -147.94M▲ 0% |
| FCF Growth % | 4145.72% | 107.8% | -119.69% | -177.79% | -299.81% | 3.01% | 62.65% | -83.5% | 8.77% | -10.27% |
| FCF Margin % | 3.61% | 8.22% | -1.53% | -4.47% | -15.62% | -14.07% | -5.46% | -9.41% | -8.07% | -9.01% |
| FCF / Net Income % | 28.99% | 49.77% | -9.55% | -34.54% | -114.72% | -113.6% | -40% | -63.59% | -71.79% | -88.28% |
NWE Key Ratios
Northwestern Energy Group Inc (NWE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 9.36% | 10.53% | 10.15% | 7.54% | 8.46% | 7.31% | 7.12% | 7.94% | 6.31% | 5.8% |
| EBITDA Margin | 32.75% | 36.98% | 35.76% | 34.69% | 33.75% | 31% | 35.93% | 36.39% | 35.72% | 34.67% |
| Net Debt / EBITDA | 4.98x | 4.80x | 5.00x | 5.84x | 5.51x | 5.72x | 5.45x | 5.62x | 5.70x | 5.70x |
| Interest Coverage | 2.91x | 2.94x | 2.83x | 2.49x | 3.03x | 2.82x | 2.76x | 2.63x | 2.25x | - |
| CapEx / Revenue | 21.17% | 23.82% | 25.12% | 33.85% | 31.65% | 34.86% | 39.86% | 36.28% | 32.56% | 33.41% |
| Dividend Payout Ratio | 62.24% | 55.44% | 56.96% | 77.54% | 68.77% | 76.53% | 79.35% | 70.76% | 89.12% | 96.74% |
| Debt / Equity | 1.19x | 1.09x | 1.10x | 1.17x | 1.09x | 0.99x | 1.00x | 1.09x | 1.14x | 1.14x |
| EPS Growth | -1.47% | 17.37% | 1.53% | -23.12% | 17.65% | -9.72% | -0.92% | 13.35% | -19.45% | -29.17% |
NWE SEC Filings & Documents
Northwestern Energy Group Inc (NWE) SEC filings — annual & quarterly reports (10-K, 10-Q)
NWE Frequently Asked Questions
Northwestern Energy Group Inc (NWE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Northwestern Energy Group Inc (NWE) reported $1.64B in revenue for fiscal year 2025. This represents a 377% increase from $344.0M in 1996.
Northwestern Energy Group Inc (NWE) grew revenue by 6.4% over the past year. This is steady growth.
Yes, Northwestern Energy Group Inc (NWE) is profitable, generating $167.6M in net income for fiscal year 2025 (11.2% net margin).
Dividend & Returns
Yes, Northwestern Energy Group Inc (NWE) pays a dividend with a yield of 3.70%. This makes it attractive for income-focused investors.
Northwestern Energy Group Inc (NWE) has a return on equity (ROE) of 6.3%. This is below average, suggesting room for improvement.
Northwestern Energy Group Inc (NWE) had negative free cash flow of $147.9M in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
Northwestern Energy Group Inc (NWE) has a dividend payout ratio of 89%. The dividend is reasonably covered.
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