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) Return on assets

Alert me on Return on assets

NorthWestern Corporation's return on assets over the twelve months to 30 September 2026 was 1.91%, down 0.3 percentage points from fiscal 2025 (2.20%). Over the past ten years it has ranged from 2.20% (fiscal 2025) to 3.56% (fiscal 2018) — the current reading is the lowest in ten years. That is below the Utilities Regulated Electric industry median of 2.85% and below the Utilities sector median of 2.68%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 2.20% (0.67)
FY2024 2.87% 0.27
FY2023 2.60% 0.00
FY2022 2.60% (0.24)
FY2021 2.84% 0.35
FY2020 2.49% (0.96)
FY2019 3.45% (0.11)
FY2018 3.56% 0.58
FY2017 2.98% (0.07)
FY2016 3.05% 0.10

Against its own ten years

Low 2.20% High 3.56%
Ten-year median 2.87%
Current reading's percentile 9

Return on assets against peers

Company Return on assets
CIG Comp En De Mn Cemig ADS compare 15.4%
MGEE MGE Energy Inc. compare 5.09%
OGE OGE Energy Corporation compare 3.78%
IDA IDACORP, Inc. compare 3.49%
KEP Korea Electric Power Corporation compare 3.06%
PNW Pinnacle West Capital Corporation compare 2.09%
POR Portland General Electric Company compare 2.04%
NWE NorthWestern Corporation 1.91%
TXNM TXNM Energy, Inc. compare 1.84%
Utilities Regulated Electric industry median 2.85%
Utilities sector median 2.68%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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