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
Follow NWE
Alert me
NorthWestern Corporation (NWE) Return on invested capital
NorthWestern Corporation's return on invested capital over the twelve months to 30 September 2026 was 3.04%, down 0.3 percentage points from fiscal 2025 (3.32%). Over the past ten years it has ranged from 3.12% (fiscal 2022) to 4.92% (fiscal 2015); the current reading is higher than 27% of that period. That is below the Utilities Regulated Electric industry median of 3.95% and below the Utilities sector median of 3.92%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 3.32% | (0.15) |
| FY2024 | 3.47% | 0.09 |
| FY2023 | 3.38% | 0.26 |
| FY2022 | 3.12% | (0.41) |
| FY2021 | 3.53% | 0.25 |
| FY2020 | 3.28% | (0.76) |
| FY2019 | 4.04% | (0.07) |
| FY2018 | 4.11% | (0.22) |
| FY2017 | 4.33% | 0.12 |
| FY2016 | 4.21% | (0.71) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| KEP Korea Electric Power Corporation compare | 6.40% |
| OGE OGE Energy Corporation compare | 4.92% |
| MGEE MGE Energy Inc. compare | 4.69% |
| PNW Pinnacle West Capital Corporation compare | 3.89% |
| TXNM TXNM Energy, Inc. compare | 3.75% |
| IDA IDACORP, Inc. compare | 3.58% |
| POR Portland General Electric Company compare | 3.35% |
| NWE NorthWestern Corporation | 3.04% |
| CIG Comp En De Mn Cemig ADS compare | 0.00% |
| Utilities Regulated Electric industry median | 3.95% |
| Utilities sector median | 3.92% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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 equity
- Return on assets
- 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