Northwestern Energy Group Inc logo

Northwestern Energy Group Inc

NWE

NASDAQUtilitiesRegulated Electric

Previous close

$69.45

−$1.36 · -1.92%

Aug 21, 4:00 PM ET

NWE company overview

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

61

Undervalued

Momentum

51

Neutral

Sentiment

47

Mixed

Risk resilience

77

Moderate Risk

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Company profile

Company website

NorthWestern Corporation, which conducts business under the name NorthWestern Energy, supplies electricity and natural gas to residential, commercial, and diverse industrial clients. The company organizes its operations into two primary divisions: Electric and Natural Gas. In its Electric segment, NorthWestern Energy is responsible for generating, procuring, transmitting, and distributing electrical power. For its Natural Gas segment, the firm undertakes the production, purchase, storage, transmission, and delivery of natural gas, additionally holding local government authorizations to provide gas services in various communities. The company's extensive infrastructure in Montana encompasses 6,819 miles of electric transmission lines, 18,177 miles of electric distribution lines, and roughly 400 transmission and distribution substations. Its natural gas network in Montana features 2,166 miles of transmission lines, 4,945 miles of distribution lines, and approximately 138 city gate stations. Furthermore, in South Dakota, NorthWestern Energy manages 1,308 miles of electric transmission and 2,320 miles of electric distribution lines. Its natural gas facilities in South Dakota include 55 miles of transmission lines, while a combined 2,517 miles of natural gas distribution lines serve both South Dakota and Nebraska. Collectively, NorthWestern Energy caters to approximately 753,600 customers situated across Montana, South Dakota, Nebraska, and Yellowstone National Park. The corporation was founded in 1923 and is based in Sioux Falls, South Dakota.

Industry
Regulated Electric
Sector
Utilities
Headquarters
US
CEO
Brian Bird
Listed since
Dec 28, 2007
Employees
1,667

Market position

Day range

Current $69.45

52-week range

Current $69.45

Open
$70.365
Previous close
$70.81
Volume
431.48K
0.95× average
Average volume
455.61K
Average daily volume
Market cap
4.27B USD
Beta
0.36
Market reference 1
50-day average
$71.1268
-2.36% below average
200-day average
$68.9135
+0.78% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.39B USD
P/E (TTM)
24.89×
P/B (TTM)
1.48×
P/S (TTM)
2.53×
EV / EBITDA
12.58×
Earnings yield
4.57%
Free cash flow yield
-3.28%
Dividend yield
3.84%

Profitability & efficiency

Gross margin
66.49%
Operating margin
18.84%
Net margin
10.13%
Return on equity
6.28%
Return on assets
2.14%
Return on invested capital
3.92%

Financial health

Debt / equity
1.24×
Current ratio
0.72×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends92%63%33%4%Gross margin, FY2021: 68.99%Gross margin, FY2022: 51.72%Gross margin, FY2023: 54.94%Gross margin, FY2024: 84.95%Gross margin, FY2025: 82.31%Operating margin, FY2021: 20.09%Operating margin, FY2022: 17.80%Operating margin, FY2023: 21.13%Operating margin, FY2024: 21.36%Operating margin, FY2025: 20.23%Net margin, FY2021: 13.61%Net margin, FY2022: 12.38%Net margin, FY2023: 13.65%Net margin, FY2024: 14.80%Net margin, FY2025: 11.24%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 68.99%. Gross margin FY2022 51.72%. Gross margin FY2023 54.94%. Gross margin FY2024 84.95%. Gross margin FY2025 82.31%. Operating margin FY2021 20.09%. Operating margin FY2022 17.80%. Operating margin FY2023 21.13%. Operating margin FY2024 21.36%. Operating margin FY2025 20.23%. Net margin FY2021 13.61%. Net margin FY2022 12.38%. Net margin FY2023 13.65%. Net margin FY2024 14.80%. Net margin FY2025 11.24%.

Income trends

Revenue

1.61B USD+6.38%

Operating income

325.82M USD+0.77%

Net income

181.09M USD-19.20%
Income trends across reported periods1.75B USD1.18B USD609.93M USD38.15M USDRevenue, FY2021: 1.37B USDRevenue, FY2022: 1.48B USDRevenue, FY2023: 1.42B USDRevenue, FY2024: 1.51B USDRevenue, FY2025: 1.61B USDOperating income, FY2021: 275.68M USDOperating income, FY2022: 263.08M USDOperating income, FY2023: 300.46M USDOperating income, FY2024: 323.32M USDOperating income, FY2025: 325.82M USDNet income, FY2021: 186.84M USDNet income, FY2022: 183.01M USDNet income, FY2023: 194.13M USDNet income, FY2024: 224.11M USDNet income, FY2025: 181.09M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.37B USD. Revenue FY2022 1.48B USD. Revenue FY2023 1.42B USD. Revenue FY2024 1.51B USD. Revenue FY2025 1.61B USD. Operating income FY2021 275.68M USD. Operating income FY2022 263.08M USD. Operating income FY2023 300.46M USD. Operating income FY2024 323.32M USD. Operating income FY2025 325.82M USD. Net income FY2021 186.84M USD. Net income FY2022 183.01M USD. Net income FY2023 194.13M USD. Net income FY2024 224.11M USD. Net income FY2025 181.09M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.61B USD1.51B USD1.42B USD1.48B USD1.37B USD
Cost of goods sold284.92M USD227.84M USD640.79M USD713.44M USD425.55M USD
Gross profit1.33B USD1.29B USD781.36M USD764.4M USD946.77M USD
Selling, general, and administrative158.24M USD137.44M USD117.36M USD113.78M USD101.87M USD
Operating expenses999.82M USD962.74M USD480.9M USD501.32M USD671.09M USD
Interest expense150.35M USD131.67M USD114.62M USD100.11M USD93.67M USD
Depreciation and amortization249.53M USD227.64M USD210.47M USD195.02M USD187.47M USD
Operating income325.82M USD323.32M USD300.46M USD263.08M USD275.68M USD
Net income181.09M USD224.11M USD194.13M USD183.01M USD186.84M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

18 ratings
Strong buy00%
Buy422%
Hold1372%
Sell16%
Strong sell00%

Recent analyst actions

8 institutions
BMO CapitalmaintainMarket Perform
GuggenheimupgradeSellNeutral

NWE news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.64

2025 complete year+6.5% since 2021

2026 partial: $2.01

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 17, 2026

$0.67

Quarterly

Record Aug 17, 2026 · Payment Sep 1, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.67

Quarterly

Record Jun 15, 2026 · Payment Jun 30, 2026

Dividend

Ex-dividend Mar 13, 2026

$0.67

Quarterly

Record Mar 13, 2026 · Payment Mar 31, 2026

Dividend

Ex-dividend Dec 15, 2025

$0.66

Quarterly

Record Dec 15, 2025 · Payment Dec 31, 2025

Dividend

Ex-dividend Sep 15, 2025

$0.66

Quarterly

Record Sep 15, 2025 · Payment Sep 30, 2025

Dividend

Ex-dividend Jun 13, 2025

$0.66

Quarterly

Record Jun 13, 2025 · Payment Jun 30, 2025

NWE peers

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