NorthWestern Energy Group, Inc. (NWE)

NorthWestern Energy Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,570	1,514	1,422	1,478	1,372	1,199
Revenue Growth (YoY)	4.90%	6.45%	-3.77%	7.69%	14.49%	-4.71%
Operations & Maintenance	243.61	227.84	220.52	221.43	208.3	202.99
Selling, General & Admin	152.62	137.44	117.36	113.78	101.87	94.12
Depreciation & Amortization	244.62	227.64	210.47	195.02	187.47	179.64
Other Operating Expenses	571.77	594.53	576.9	676.06	605.19	485.37
Total Operating Expenses	1,213	1,187	1,125	1,206	1,103	962.13
Operating Income	357.16	326.47	296.89	271.56	269.48	236.54
Interest Expense	-146.55	-131.67	-114.62	-100.11	-93.67	-96.81
Net Interest Expense	-146.55	-131.67	-114.62	-100.11	-93.67	-96.81
Other Non-Operating Income (Expenses)	11.01	19.88	19.4	10.96	14.45	4.52
EBT Excluding Unusual Items	221.62	214.67	201.67	182.4	190.26	144.25
Pretax Income	223.48	214.67	201.67	182.4	190.26	144.25
Income Tax Expense	6.53	-9.44	7.54	-0.61	3.42	-10.97
Net Income	216.95	224.11	194.13	183.01	186.84	155.22
Net Income to Common	216.95	224.11	194.13	183.01	186.84	155.22
Net Income Growth	-4.30%	15.44%	6.08%	-2.05%	20.38%	-23.21%
Shares Outstanding (Basic)	61	61	60	56	52	51
Shares Outstanding (Diluted)	61	61	60	56	52	51
Shares Change (YoY)	0.22%	1.68%	7.22%	8.52%	2.30%	-0.09%
EPS (Basic)	3.54	3.66	3.22	3.28	3.61	3.07
EPS (Diluted)	3.53	3.65	3.22	3.25	3.60	3.06
EPS Growth	-4.57%	13.41%	-0.98%	-9.72%	17.65%	-23.12%
Free Cash Flow	-122.15	-142.5	-77.66	-207.9	-214.35	-53.61
Free Cash Flow Per Share	-1.99	-2.32	-1.29	-3.69	-4.13	-1.06
Dividend Per Share	2.630	2.600	2.560	2.520	2.480	2.400
Dividend Growth	1.54%	1.56%	1.59%	1.61%	3.33%	4.35%
Profit Margin	13.82%	14.80%	13.65%	12.38%	13.61%	12.95%
Free Cash Flow Margin	-7.78%	-9.41%	-5.46%	-14.07%	-15.62%	-4.47%
EBITDA	601.77	554.1	507.36	466.58	456.95	416.19
EBITDA Margin	38.34%	36.60%	35.68%	31.57%	33.30%	34.72%
D&A For EBITDA	244.62	227.64	210.47	195.02	187.47	179.64
EBIT	357.16	326.47	296.89	271.56	269.48	236.54
EBIT Margin	22.75%	21.56%	20.88%	18.38%	19.64%	19.73%
Effective Tax Rate	2.92%	-	3.74%	-	1.80%	-
Revenue as Reported	1,570	1,514	1,422	1,478	1,372	1,199

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q