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) Return on equity
NorthWestern Corporation's return on equity over the twelve months to 30 September 2026 was 5.68%, down 0.6 percentage points from fiscal 2025 (6.31%). Over the past ten years it has ranged from 6.31% (fiscal 2025) to 10.5% (fiscal 2018) — the current reading is the lowest in ten years. That is below the Utilities Regulated Electric industry median of 9.94% and below the Utilities sector median of 8.82%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 6.31% | (1.63) |
| FY2024 | 7.94% | 0.82 |
| FY2023 | 7.12% | (0.19) |
| FY2022 | 7.31% | (1.15) |
| FY2021 | 8.46% | 0.92 |
| FY2020 | 7.54% | (2.61) |
| FY2019 | 10.2% | (0.38) |
| FY2018 | 10.5% | 1.17 |
| FY2017 | 9.36% | (0.66) |
| FY2016 | 10.0% | 0.19 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| KEP Korea Electric Power Corporation compare | 16.4% |
| MGEE MGE Energy Inc. compare | 11.6% |
| OGE OGE Energy Corporation compare | 11.0% |
| IDA IDACORP, Inc. compare | 9.89% |
| PNW Pinnacle West Capital Corporation compare | 8.98% |
| POR Portland General Electric Company compare | 6.59% |
| TXNM TXNM Energy, Inc. compare | 6.40% |
| NWE NorthWestern Corporation | 5.68% |
| CIG Comp En De Mn Cemig ADS compare | 0.00% |
| Utilities Regulated Electric industry median | 9.94% |
| Utilities sector median | 8.82% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on NWE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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 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