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Friday 6 November 2026 Export NWN’s income statement to Excel — free account

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

51.77 0.46 +0.90%
Market cap
$2.2B
P/E
17.1×
Fwd P/E
16.3×
Dividend yield
3.82%
F-score
5/9
Altman Z
0.66
Beneish M
−2.68
Dividend safety
39/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Northwest Natural Gas Company (NWN) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Northwest Natural Gas Company (NWN) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 1.0× (June 2024) to 2.8× (October 2018); the current reading is higher than 32% of that period. That is below the Utilities Regulated Gas industry median of 1.6× and below the Utilities sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.3× 16.84%
FY2024 1.1× (0.98%)
FY2023 1.1× (19.72%)
FY2022 1.4× (12.95%)
FY2021 1.6× 1.34%
FY2020 1.6× (37.68%)
FY2019 2.5× 11.06%
FY2018 2.3× 0.61%
FY2017 2.3× 17.54%
FY2016 1.9× 8.95%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.3× (1.96%)
Jun 2026 1.3× (5.93%)
Mar 2026 1.4× 8.71%
Dec 2025 1.3× 0.35%
43 more quarters

Against its own ten years

Low 1.0× High 2.8×
Ten-year median 1.7×
Current reading's percentile 35

P/B ratio against peers

Company P/B ratio
MDU MDU Resources Group, Inc. compare 1.3×
NWN Northwest Natural Gas Company 1.4×
OGS ONE Gas, Inc. compare 1.5×
SR Spire Inc. compare 1.5×
BKH Bright Horizon Energy Corporation compare 1.6×
SPH Suburban Propane Partners, L.P. compare 1.6×
CPK Chesapeake Utilities Corporation compare 2.0×
NJR NewJersey Resources Corporation compare 2.1×
CTRI Centuri Holdings, Inc. compare 2.1×
Utilities Regulated Gas industry median 1.6×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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