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NorthWestern Energy Group, Inc.

NASDAQ•NWE
CEO: Mr. Brian B. Bird
Sector: Utilities
Industry: Diversified Utilities
Listing Date: 2007-12-28
NorthWestern Energy Group, Inc. provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,600 miles of electric transmission and 18,674 miles of electric distribution lines with approximately 395 transmission and distribution substations; and 2,235 miles of natural gas transmission and 5,155 miles of natural gas distribution lines with approximately 133 city gate stations in Montana. It also operates 1,310 miles of electric transmission and 2,365 miles of electric distribution lines in South Dakota with approximately 124 transmission and distribution substations; and 55 miles of natural gas transmission and 2,573 miles of natural gas distribution lines in South Dakota and Nebraska. The company provides electricity and/or natural gas to approximately 775,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Energy Group, Inc. was founded in 1923 and is based in Sioux Falls, South Dakota.
Contact Information
3010 West 69th Street, Sioux Falls, SD, 57108, United States
605-978-2900
www.northwesternenergy.com
Market Cap
$4.11B
P/E (TTM)
22.7
20.5
Dividend Yield
4.0%
52W High
$72.21
52W Low
$50.46
52W Range
75%
Rank40Top 42.0%
4.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$414.26M+0.00%
4-Quarter Trend

EPS

$0.73+0.00%
4-Quarter Trend

FCF

-$93.74M+0.00%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Consolidated Utility Margin Rises Total Utility Margin increased $120.7M, or 11.2%, reaching $1,200.8M in 2025, driven by favorable rate adjustments.
Total Revenues Show Growth Total revenues reached $1,610.6M in 2025, reflecting a $69.3M increase, supported by higher rates and retail volumes.
Electric Margin Up 10.6% Electric utility margin grew $92.3M, or 10.6%, primarily due to favorable South Dakota weather and higher base rates.
Natural Gas Margin Strong Natural Gas Utility Margin increased $28.4M, or 13.6%, driven by higher transportation revenues and retail volumes.

Risk Factors

Merger Synergy Realization Risk Integration challenges may delay or reduce anticipated synergies following the Black Hills merger completion, impacting combined results.
Regulatory Cost Recovery Uncertainty Ability to recover incurred costs and earn authorized returns depends on regulatory outcomes, potentially impacting liquidity and timely recovery.
Climate Rules Compliance Costs Potential compliance costs for Colstrip related to GHG/MATS rules estimated up to $665M share through 2028.
High Debt Refinancing Risk Significant long-term debt requires refinancing; rising interest rates could increase borrowing costs and impact liquidity.

Outlook

Infrastructure Investment Focus Capital expenditures forecasted at $683.0M for 2026, prioritizing distribution and transmission modernization for smart grid applications.
Net-Zero Emissions Goal Committed to achieving Net-Zero Scope 1 and 2 carbon emissions by 2050 through portfolio evolution and technology integration.
New Gas Plant Development Submitted project for 131 MW natural gas facility in Aberdeen to meet SPP accredited capacity needs by 2030.
Pending Merger Closing Expected Anticipate merger closing in the second half of 2026, pending required governmental approvals and stockholder votes.

Peer Comparison

Revenue (TTM)

HE stock ticker logoHE
$3.09B
+2.5%
SR stock ticker logoSR
$2.57B
+2.6%
BKH stock ticker logoBKH
$2.31B
+8.6%

Gross Margin (Latest Quarter)

MGEE stock ticker logoMGEE
199.4%
-15.2pp
CPK stock ticker logoCPK
72.2%
+1.1pp
NWE stock ticker logoNWE
49.0%
+25.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
SR$5.41B18.98.3%45.0%
BKH$5.35B18.37.8%43.2%
PAM$4.71B12.911.0%29.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-3.9%
Flat Growth
4Q Net Income CAGR
-16.6%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 23, 2026
|
EPS:$1.23
|
Revenue:$484.06M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data