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) Revenue growth

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NorthWestern Corporation's revenue growth over the twelve months to 30 September 2026 was 10.1%, up 3.7 percentage points from fiscal 2025 (6.38%). Over the past ten years it has ranged from −8.70% (fiscal 2018) to 14.5% (fiscal 2021); the current reading is higher than 73% of that period. That is above the Utilities Regulated Electric industry median of 7.78% and above the Utilities sector median of 7.98%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 6.38% (0.07)
FY2024 6.45% 10.22
FY2023 −3.77% (11.46)
FY2022 7.69% (6.80)
FY2021 14.5% 19.20
FY2020 −4.71% (10.24)
FY2019 5.53% 14.23
FY2018 −8.70% (12.55)
FY2017 3.85% 0.31
FY2016 3.54% 2.76

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 9.51% (5.05)
Jun 2026 14.6% 7.93
Mar 2026 6.63% (4.29)
Dec 2025 10.9% (1.19)
43 more quarters

Against its own ten years

Low −8.70% High 14.5%
Ten-year median 3.85%
Current reading's percentile 73

Revenue growth against peers

Company Revenue growth
CIG Comp En De Mn Cemig ADS compare 12.8%
NWE NorthWestern Corporation 10.1%
TXNM TXNM Energy, Inc. compare 9.99%
MGEE MGE Energy Inc. compare 8.04%
PNW Pinnacle West Capital Corporation compare 7.52%
KEP Korea Electric Power Corporation compare 5.51%
IDA IDACORP, Inc. compare 4.46%
OGE OGE Energy Corporation compare 2.38%
POR Portland General Electric Company compare 1.20%
Utilities Regulated Electric industry median 7.78%
Utilities sector median 7.98%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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