N

    NorthWestern Corporation (NWE)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NASDAQ

    $69.16
    -1.16 (-1.65%)

    Market Cap: $4.33B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    53%(21/40)
    Avg Surprise
    -0.70%
    Streak
    2 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.79
    Range$0.75 - $0.83
    5 analysts
    EPS RevisionsNo revisions (7d)
    2
    0
    30d
    EPS Estimate Drift
    90d ago$0.80+1.7%
    60d ago$0.80+1.7%
    30d ago$0.81+3.1%
    7d ago$0.78-0.3%
    Current$0.79
    Revenue Consensus
    $399M
    Range$399M - $399M
    1 analysts
    Dec 31, 2026
    EPS Consensus$1.24
    Range$1.20 - $1.25
    8 analysts
    Revenue Consensus
    $431M
    Range$410M - $450M
    3 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.24---
    Sep 26EST
    		-$0.79---
    Jun 26
    		$0.50$0.42+19.05%Beat+25.0%
    Mar 26
    		$1.31$1.29+1.55%Beat+7.4%
    Dec 25
    		$1.17$1.19-1.68%Miss+3.5%
    Sep 25
    		$0.79$0.75+5.33%Beat+21.5%
    Jun 25
    		$0.40$0.38+5.26%Beat-24.5%
    Mar 25
    		$1.22$1.18+3.39%Beat+11.9%
    Dec 24
    		$1.13$1.13-0.28%Miss-18.1%
    Sep 24
    		$0.65$0.68-4.41%Miss+32.7%
    Jun 24
    		$0.53$0.48+10.42%Beat+51.4%
    Mar 24
    		$1.09$1.16-6.03%Miss+3.8%
    Dec 23
    		$1.38$1.17+17.95%Beat+22.1%
    Sep 23
    		$0.49$0.54-9.26%Miss+16.7%
    Jun 23
    		$0.35$0.52-32.69%Miss-35.2%
    Mar 23
    		$1.05$1.11-5.41%Miss-3.7%
    Dec 22
    		$1.13$1.18-4.24%Miss+8.7%
    Sep 22
    		$0.42$0.58-27.59%Miss-35.4%
    Jun 22
    		$0.54$0.53+1.89%Beat-3.6%
    Mar 22
    		$1.09$1.20-9.17%Miss-12.1%
    Dec 21
    		$1.04$0.98+6.12%Beat-19.4%
    Sep 21
    		$0.65$0.57+14.04%Beat+10.2%
    Jun 21
    		$0.56$0.46+21.74%Beat+33.3%
    Mar 21
    		$1.24$1.15+7.83%Beat+17.0%
    Dec 20
    		$1.29$1.29+0.00%Beat+8.4%
    Sep 20
    		$0.59$0.58+1.72%Beat+18.0%
    Jun 20
    		$0.42$0.48-12.50%Miss-16.0%
    Mar 20
    		$1.06$1.23-13.82%Miss-13.8%
    Dec 19
    		$1.19$1.17+1.71%Beat+11.2%
    Sep 19
    		$0.50$0.61-18.03%Miss-13.8%
    Jun 19
    		$0.50$0.58-13.79%Miss-20.6%
    Mar 19
    		$1.23$1.19+3.36%Beat+10.8%
    Dec 18
    		$1.07$1.00+7.00%Beat+11.5%
    Sep 18
    		$0.58$0.72-19.44%Miss-21.6%
    Jun 18
    		$0.63$0.49+28.57%Beat+34.0%
    Mar 18
    		$1.11$1.16-4.31%Miss-1.8%
    Dec 17
    		$0.96$1.03-6.80%Miss+0.0%
    Sep 17
    		$0.74$0.75-1.33%Miss+8.8%
    Jun 17
    		$0.47$0.62-24.19%Miss-
    Mar 17
    		$1.13$1.03+9.71%Beat-
    Dec 16
    		$0.96$0.93+3.23%Beat-
    Sep 16
    		$0.68$0.58+17.24%Beat-

    Dividends

    Dividend Metrics

    Yield3.86%
    Annual/Share$2.67
    Payout Ratio49.23%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+1.56%
    5Y CAGR+1.92%
    View NWE's full dividend history

    Key Metrics

    Valuation
    P/E Ratio18.34EV/EBITDA13.43x
    Price/FCF-22.14xFCF Yield-4.52%
    Profitability
    Profit Margin10.10%Operating Margin17.30%
    ROE5.94%ROIC5.01%
    Financial Health
    Debt/Equity1.24xInterest Coverage2.12x
    Current Ratio0.83xQuick Ratio0.58x
    Trading Statistics
    Beta0.36Avg Volume364.47K
    52-Week High$73.7852-Week Low$53.39

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$70.40
    SMA 20$70.30
    SMA 50$70.64
    SMA 200$67.98
    EMA 10$70.32
    EMA 20$70.37
    EMA 50$70.29
    EMA 200$67.10

    MACD

    Line: -0.04Signal: 0.00Hist: -0.05

    ADX

    ADX: 10.8+DI: 17.6-DI: 22.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down24.0
    PSAR$72.33

    Bollinger Bands

    Upper Band$71.94
    Lower Band$68.65
    %B Position468%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    43.2

    Momentum Oscillators

    Stoch %K36.8
    Stoch %D51.1
    Williams %R-91.7
    ROC (10d)-2.3%
    Momentum-1.66
    CCI (20d)-135.7
    MFI (14d)41.1

    Volatility Measures

    ATR (14d)$1.53(2.2%)
    StdDev (20d)0.82
    Hist Vol19.4%(Low)

    Volume Flow

    VWAP$69.32
    OBV14.6M
    AD Line-597.1M
    CMF (20d)-0.574

    Volume Metrics

    Avg Vol (20d)367.1K
    Vol Ratio0.9x
    VWMA (20d)$70.31

    Pivot Points

    R3$72.89
    R2$72.24
    R1$71.28
    Pivot Point$70.64
    S1$69.68
    S2$69.03
    S3$68.07

    Advanced Oscillators

    TSI-0.91
    Ultimate Osc36.9
    KST-1.44

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$392.60M$497.57M$414.26M$386.95M$342.71M$466.63M$373.47M$345.16M$319.93M$475.34M$356.01M$321.09M
    Cost of Revenue$168.92M$220.10M$211.09M$151.07M$137.61M$194.91M$155.15M$143.75M$133.85M$228.90M$154.83M$142.18M
    Gross Profit$223.68M$277.46M$203.17M$235.88M$205.11M$271.72M$218.32M$201.41M$186.08M$246.44M$201.18M$178.91M
    Operating Expenses$159.44M$163.35M$143.15M$155.60M$144.32M$147.00M$126.62M$133.47M$124.47M$144.36M$98.01M$123.28M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$42.36M$46.12M$36.40M$46.70M$33.77M$41.36M$30.79M$34.92M$31.28M$40.45M$23.30M$29.36M
    Operating Income$64.25M$114.11M$60.02M$80.28M$60.79M$124.73M$91.70M$67.93M$61.61M$102.08M$103.16M$55.63M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$40.33M$39.92M$39.23M$38.36M$36.25M$36.51M$35.42M$33.40M$31.88M$30.98M$29.47M$28.73M
    Income Before Tax$28.46M$77.25M$23.79M$47.02M$24.61M$92.14M$59.70M$43.65M$35.90M$75.42M$76.60M$31.03M
    Income Tax Expense$3.47M$13.80M$-20,903,000$8.79M$3.38M$15.20M$-20,849,000$-3,167,000$4.24M$10.33M$-6,546,000$1.70M
    Net Income$24.99M$63.46M$44.69M$38.23M$21.23M$76.94M$80.55M$46.82M$31.65M$65.09M$83.14M$29.34M
    EBITDA$136.72M$184.97M$125.95M$149.27M$124.60M$192.04M$153.29M$135.16M$125.86M$164.33M$151.85M$111.92M
    EBIT$68.79M$117.17M$63.01M$85.38M$60.86M$128.66M$95.13M$77.05M$67.77M$106.40M$99.16M$59.76M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $4.58M
    Gov Obligations / Revenue
    0.3%
    Obligations YoY
    4.9%
    Active Awards
    12
    New Awards (TTM)
    6
    Avg Remaining Term
    45.8 mo

    Top agency: Department of Health and Human Services at 89.5% of trailing twelve month obligations across 3 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    75N99025F00022Department of Health and Human ServicesNational Institutes of Health$3.55MFeb 1, 2025
    15B41626P00000010Department of JusticeFederal Prison System / Bureau of Prisons$271056Oct 1, 2025
    75N99025F00021Department of Health and Human ServicesNational Institutes of Health$204797Feb 1, 2025
    75H70926P00083Department of Health and Human ServicesIndian Health Service$190000Jul 19, 2026
    75N99025F00020Department of Health and Human ServicesNational Institutes of Health$92514Feb 1, 2025
    75H70926P00015Department of Health and Human ServicesIndian Health Service$60000Jan 14, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    'It was significant' | NorthWestern Energy customers question sudden spike in summer power bills

    Hundreds of NorthWestern Energy customers are concerned about sudden and significant spikes in their summer power bills, with some reporting triple or quadruple increases. While NorthWestern Energy attributes the rise to increased energy usage due to extreme heat in July and a 6% rate increase, the Montana Public Service Commission (PSC) is actively investigating these complaints. Customers experiencing bill spikes are encouraged to contact the PSC with their account details and bill information.

    KTVH•8/24/26•
    Somewhat-Bearish

    Montana PSC asks NorthWestern Energy to revise Integrated Resource Plan

    The Montana Public Service Commission (PSC) has requested that NorthWestern Energy revise its Integrated Resource Plan. This article, published by KRTV, indicates the PSC's involvement in the utility company's long-term planning. The specific reasons for the requested revisions are not detailed in the provided content.

    KRTV•8/21/26•
    Neutral

    Montana PSC asks NorthWestern Energy to revise Integrated Resource Plan

    The Montana Public Service Commission (PSC) has requested that NorthWestern Energy revise its Integrated Resource Plan. The article title is the only content provided, indicating the PSC's directive to the energy company.

    KXLF-TV•8/21/26•
    Neutral

    Montana PSC asks NorthWestern Energy to revise Integrated Resource Plan

    The Montana Public Service Commission (PSC) has requested that NorthWestern Energy revise its Integrated Resource Plan. The article title is the only content provided, indicating the PSC's involvement in reviewing the utility company's energy planning.

    KBZK News•8/21/26•
    Neutral

    Montana PSC asks NorthWestern Energy to revise Integrated Resource Plan

    The Montana Public Service Commission has requested that NorthWestern Energy revise its Integrated Resource Plan (IRP) due to identified deficiencies. The PSC voted 3-1 to send the plan back, stating that NorthWestern needs to provide more detail on projected energy costs and demand addressing strategies to meet state requirements and protect public interest. NorthWestern Energy stated they are committed to a transparent planning process and will review the recommendations.

    KTVH•8/21/26•
    Somewhat-Bearish

    Frequently Asked Questions About NWE

    What is NWE's current dividend yield?
    NorthWestern Corporation (NWE) has a current dividend yield of 3.86%.
    Does NWE pay dividends?
    Yes, NorthWestern Corporation pays dividends with a current yield of 3.86%.
    What is NWE's P/E ratio?
    NorthWestern Corporation has a price-to-earnings (P/E) ratio of 18.34.
    What is NWE's market cap?
    NorthWestern Corporation (NWE) has a market capitalization of $4.33B with a current stock price of $69.16.

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