NorthWestern Corporation

NWE Utilities Utilities Regulated Electric

NorthWestern Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 6.38% from fiscal 2024.

Revenue
+9.51%
EPS
−19.4%
Free cash flow
−5.54%
Total debt
+13.3%

Quarter to September 2026, against a year earlier

81.89 0.11 −0.13%
Market cap
$5.1B
P/E
30.8×
Fwd P/E
23.6×
Dividend yield
3.26%
F-score
6/9
Altman Z
0.86
Beneish M
−2.57
Dividend safety
31/100

NorthWestern Corporation (NWE) EBITDA

Alert me on EBITDA

NorthWestern Corporation's EBITDA for fiscal 2025 was $579.8M, unchanged from fiscal 2024. Over the twelve months to 30 June 2026 it was $581.2M. Over the past ten years it has ranged from $412.8M (fiscal 2015) to $579.8M (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 3 consecutive fiscal years. NorthWestern Corporation ranks 33rd of 39 Utilities Regulated Electric companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $579.8M 4.35%
FY2024 $555.6M 7.66%
FY2023 $516.1M 11.36%
FY2022 $463.4M (1.06%)
FY2021 $468.4M 11.32%
FY2020 $420.8M (7.41%)
FY2019 $454.4M 2.03%
FY2018 $445.4M 0.61%
FY2017 $442.7M 6.30%
FY2016 $416.4M 0.89%

Quarterly newest first

Period EBITDA Change
Jun 2026 $132.2M (27.34%)
Mar 2026 $181.9M 47.95%
Dec 2025 $123.0M (14.71%)
Sep 2025 $144.2M 15.78%
42 more quarters

Against its own ten years

Low $412.8M High $579.8M
Ten-year median $454.4M
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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