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) Gross margin
Northwest Natural Gas Company's gross margin over the twelve months to 30 September 2026 was 70.7%, up 1.4 percentage points from fiscal 2025 (69.3%). Over the past ten years it has ranged from 54.8% (fiscal 2015) to 69.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Regulated Gas industry median of 63.3% and above the Utilities sector median of 58.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 69.3% | 5.09 |
| FY2024 | 64.2% | 5.97 |
| FY2023 | 58.3% | (0.32) |
| FY2022 | 58.6% | (7.45) |
| FY2021 | 66.0% | (0.01) |
| FY2020 | 66.0% | 0.19 |
| FY2019 | 65.9% | 2.04 |
| FY2018 | 63.8% | 6.83 |
| FY2017 | 57.0% | (4.02) |
| FY2016 | 61.0% | 6.22 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 75.2% | 0.55 |
| Jun 2026 | 74.6% | 6.89 |
| Mar 2026 | 67.8% | (2.15) |
| Dec 2025 | 69.9% | (6.16) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| NWN Northwest Natural Gas Company | 70.7% |
| SR Spire Inc. compare | 69.2% |
| OGS ONE Gas, Inc. compare | 63.4% |
| SPH Suburban Propane Partners, L.P. compare | 63.1% |
| MDU MDU Resources Group, Inc. compare | 58.7% |
| NJR NewJersey Resources Corporation compare | 57.2% |
| CTRI Centuri Holdings, Inc. compare | 8.00% |
| CPK Chesapeake Utilities Corporation compare | 0.00% |
| BKH Bright Horizon Energy Corporation compare | 0.00% |
| Utilities Regulated Gas industry median | 63.3% |
| Utilities sector median | 58.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NWN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- 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