NWE
NorthWestern Corporation
NASDAQ: NWE · UTILITIES · UTILITIES - REGULATED ELECTRIC
$72.34
+1.40% today
Updated 2026-04-30
Market cap
$4.45B
P/E ratio
24.62
P/S ratio
2.76x
EPS (TTM)
$2.94
Dividend yield
3.64%
52W range
$49 – $75
Volume
0.5M
NorthWestern Corporation (NWE) Financial statements
SEC filings — annual and quarterly data.
Profit margin
11.20%
Operating margin
16.70%
ROE
6.31%
ROA
2.54%
Debt/equity
1.14x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $1.13B | $37.90M | -8.34% | 9.74% | 3.35% |
| 2007 | $1.20B | $53.19M | 44.30% | 11.67% | 4.43% |
| 2008 | $1.26B | $67.60M | 44.58% | 13.50% | 5.36% |
| 2009 | $1.14B | $73.42M | 49.76% | 13.48% | 6.43% |
| 2010 | $1.11B | $77.38M | 52.19% | 14.64% | 6.97% |
| 2011 | $1.12B | $92.56M | 55.74% | 14.82% | 8.28% |
| 2012 | $1.07B | $98.41M | 63.06% | 16.55% | 9.19% |
| 2013 | $1.15B | $93.98M | 58.46% | 14.81% | 8.14% |
| 2014 | $1.20B | $120.69M | 59.95% | 14.77% | 10.02% |
| 2015 | $1.21B | $151.21M | 69.29% | 21.89% | 12.45% |
| 2016 | $1.26B | $164.17M | 68.11% | 19.56% | 13.06% |
| 2017 | $1.31B | $162.70M | 68.57% | 20.02% | 12.46% |
| 2018 | $1.19B | $196.96M | 77.11% | 22.34% | 16.52% |
| 2019 | $1.26B | $202.12M | 58.10% | 22.01% | 16.07% |
| 2020 | $1.20B | $155.22M | 74.46% | 19.71% | 12.95% |
| 2021 | $1.37B | $186.84M | 68.99% | 20.09% | 13.61% |
| 2022 | $1.48B | $183.01M | 51.72% | 17.80% | 12.38% |
| 2023 | $1.42B | $194.13M | 54.94% | 21.13% | 13.65% |
| 2024 | $1.51B | $224.11M | 84.95% | 21.36% | 14.80% |
| 2025 | $1.61B | $181.09M | 82.31% | 20.23% | 11.24% |