stockrowNorthWestern 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
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NorthWestern Corporation (NWE) Operating margin
NorthWestern Corporation's operating margin over the twelve months to 30 September 2026 was 18.1%, down 2.1 percentage points from fiscal 2025 (20.2%). Over the past ten years it has ranged from 17.8% (fiscal 2022) to 22.3% (fiscal 2018); the current reading is higher than 36% of that period. That is below the Utilities Regulated Electric industry median of 21.7% and in line with the Utilities sector median of 18.7%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 20.2% | (1.13) |
| FY2024 | 21.4% | 0.23 |
| FY2023 | 21.1% | 3.33 |
| FY2022 | 17.8% | (2.29) |
| FY2021 | 20.1% | 0.38 |
| FY2020 | 19.7% | (2.30) |
| FY2019 | 22.0% | (0.33) |
| FY2018 | 22.3% | 1.53 |
| FY2017 | 20.8% | 0.53 |
| FY2016 | 20.3% | (1.61) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 17.6% | 1.25 |
| Jun 2026 | 16.4% | (6.57) |
| Mar 2026 | 22.9% | 8.44 |
| Dec 2025 | 14.5% | (6.26) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| OGE OGE Energy Corporation compare | 25.8% |
| TXNM TXNM Energy, Inc. compare | 24.4% |
| IDA IDACORP, Inc. compare | 23.5% |
| MGEE MGE Energy Inc. compare | 22.5% |
| PNW Pinnacle West Capital Corporation compare | 20.7% |
| NWE NorthWestern Corporation | 18.1% |
| CIG Comp En De Mn Cemig ADS compare | 15.0% |
| POR Portland General Electric Company compare | 14.4% |
| KEP Korea Electric Power Corporation compare | 13.5% |
| Utilities Regulated Electric industry median | 21.7% |
| Utilities sector median | 18.7% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NWE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement