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NWN logoNorthwest Natural Holding Company (NWN) Earnings History

Annual and quarterly earnings data from 1994 to 2025

TTM Net Income
$123M
Profitable
TTM EPS
$2.77
Diluted
YoY EPS Growth
+36.5%
Excellent
Net Margin
8.8%
Profitability
Operating Margin31.4%
Gross Margin39.6%
ROE7.9%
ROA2.0%
Highest Annual Net Income$113M (2025)
Highest Quarterly EPS$2.18 (Q1 2025)
Consecutive Profitable Years8 years
Q1 2026
Net Income$97M
EPS$0.00
QoQ Growth+68.7%Excellent

Loading earnings history...

NWN EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+36.5%
Excellent
3-Year
+2.9%
Solid
5-Year
+3.6%
Solid
10-Year
+3.5%
Solid

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NWN Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202539.6%31.4%8.8%
202434.5%16.6%6.8%
202335.4%15.4%7.8%
202232.9%16.1%8.3%
202138.3%19.0%9.1%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Northwest Natural Holding Company (NWN) Earnings Overview

As of May 8, 2026, Northwest Natural Holding Company (NWN) reported trailing twelve-month net income of $123M, reflecting +36.5% year-over-year growth. The company earned $2.77 per diluted share over the past four quarters, with a net profit margin of 8.8%.

Looking at the long-term picture, NWN's 5-year EPS compound annual growth rate (CAGR) stands at +3.6%, reflecting modest earnings expansion. The company achieved its highest annual net income of $113M in fiscal 2025, representing a new all-time high.

Northwest Natural Holding Company maintains positive profitability with a gross margin of 39.6%, operating margin of 31.4%, and net margin of 8.8%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including SR ($358M net income, 11.0% margin), NFG ($686M net income, 22.8% margin), SWX ($464M net income, 22.7% margin), NWN has room to improve margins relative to the peer group. Compare NWN vs SR →

NWN Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NWN logoNWNCurrent
$123M$2.778.8%7.9%+36.5%—
SR logoSR
$358M$6.0511.0%8.2%+4.3%
NFG logoNFG
$686M$7.1722.8%17.4%+576.2%
SWX logoSWX
$464M$6.4022.7%11.5%+120.3%
NJR logoNJR
$341M$3.3616.5%14.6%+14.0%
ATO logoATO
$1.3B$8.0225.5%9.3%+9.2%
Best in group
Lowest in group

NWN Historical Earnings Data (1994–2025)

32 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$113M+43.7%$405M$2.778.8%31.4%
2024$79M-16.0%$191M$2.036.8%16.6%
2023$94M+8.8%$185M$2.597.8%15.4%
2022$86M+9.7%$167M$2.548.3%16.1%
2021$79M+2.5%$163M$2.569.1%19.0%
2020$77M+24.4%$148M$2.329.9%19.2%
2019$62M-4.4%$143M$2.078.3%19.2%
2018$65M+216.1%$132M$2.249.1%18.7%
2017-$56M-194.4%$145M$-1.93-7.4%19.2%
2016$59M+9.7%$139M$2.068.7%20.6%

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Compare NWN vs GEV

Side-by-side business, growth, and profitability comparison vs GE Vernova Inc..

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NWN — Frequently Asked Questions

Quick answers to the most common questions about buying NWN stock.

Is NWN growing earnings?

NWN EPS is $2.77, with earnings growth accelerating to +36.5%. This exceeds the 5-year CAGR of +3.6%. TTM net income reached $123M.

What are NWN's profit margins?

Northwest Natural Holding Company net margin is +8.8%, with operating margin at +31.4%. Margins sit within typical range for the sector.

How consistent are NWN's earnings?

NWN earnings data spans 1994-2025. The accelerating earnings trend is +36.5% YoY. Historical data enables comparison across business cycles.

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NWN Earnings Over Time (2014–2025)

Net income and EPS trends