Northwest Natural Gas Company
NWN Utilities Utilities Regulated Gas
Northwest Natural Gas Company’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 11.8% from fiscal 2024.
- Revenue
- +8.04%
- EPS
- +2.74%
- Free cash flow
- −20.1%
- Total debt
- +14.3%
Quarter to September 2026, against a year earlier
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Northwest Natural Gas Company (NWN) Debt to equity
Northwest Natural Gas Company's debt to equity at the end of the quarter to 30 September 2026 was 1.8×, up 0.1× from fiscal 2025 (1.8×). Over the past ten years it has ranged from 0.9× (fiscal 2016) to 1.8× (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Regulated Gas industry median of 1.2× and above the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.8× | 30.11% |
| FY2024 | 1.4× | 4.59% |
| FY2023 | 1.3× | (4.37%) |
| FY2022 | 1.4× | (11.53%) |
| FY2021 | 1.5× | 8.20% |
| FY2020 | 1.4× | 19.17% |
| FY2019 | 1.2× | (4.89%) |
| FY2018 | 1.3× | 11.38% |
| FY2017 | 1.1× | 23.61% |
| FY2016 | 0.9× | (17.93%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 1.8× | 9.40% |
| Jun 2026 | 1.7× | 1.88% |
| Mar 2026 | 1.7× | (6.47%) |
| Dec 2025 | 1.8× | 3.82% |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OGS ONE Gas, Inc. compare | 0.8× |
| MDU MDU Resources Group, Inc. compare | 0.9× |
| CTRI Centuri Holdings, Inc. compare | 0.9× |
| CPK Chesapeake Utilities Corporation compare | 1.0× |
| BKH Bright Horizon Energy Corporation compare | 1.1× |
| NJR NewJersey Resources Corporation compare | 1.4× |
| SR Spire Inc. compare | 1.7× |
| SPH Suburban Propane Partners, L.P. compare | 1.7× |
| NWN Northwest Natural Gas Company | 1.8× |
| Utilities Regulated Gas industry median | 1.2× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NWN
- 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
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement