NorthWestern Energy Group, Inc. (NWE)

NorthWestern Energy Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	167.61	181.09	224.11	194.13	183.01	186.84
Depreciation & Amortization	253.96	249.53	227.64	210.47	195.02	187.47
Stock-Based Compensation	6.75	6.99	4.72	5.18	5.49	5.35
Other Adjustments	2.65	32.48	-18.85	-5.57	-17.38	-5.36
Change in Receivables	-10.28	-20.48	24.49	32.7	-46.28	-30.44
Changes in Inventories	-11.09	-6.19	-8.4	-7.18	-26.74	-19.6
Changes in Accounts Payable	2.66	-4.35	7.4	-54.72	50.54	7.49
Changes in Accrued Expenses	40.36	16.41	9.75	-3.38	16.85	26.06
Changes in Other Operating Activities	-78.96	-61.01	-64.11	117.61	-53.25	-137.82
Operating Cash Flow	400.48	394.46	406.74	489.23	307.24	219.98
Operating Cash Flow Growth	0.51%	-3.02%	-16.86%	59.23%	39.67%	-37.53%
Capital Expenditures	-548.41	-524.46	-549.24	-566.89	-515.14	-434.33
Purchases of Investments	-5.65	-10.24	-4.72	-3.92	-1.72	-1.51
Payments for Business Acquisitions	-	-35.94	-	-	-	-
Other Investing Activities	-	-	-0.5	-	-	-
Investing Cash Flow	-590	-570.63	-554.46	-570.81	-516.86	-435.83
Short-Term Debt Issued	50	50	100	-	-	-
Short-Term Debt Repaid	-	-	-	-	-	-100
Net Short-Term Debt Issued (Repaid)	50	50	100	-	-	-100
Long-Term Debt Issued	202.08	602.08	215	300	-	99.92
Long-Term Debt Repaid	-150	-300	-100	-	-	-0.96
Net Long-Term Debt Issued (Repaid)	52.08	302.08	115	300	-	98.96
Issuance of Common Stock	-	-	-	73.61	276.97	196.25
Net Common Stock Issued (Repurchased)	-	-	-	73.61	276.97	196.25
Common Dividends Paid	-162.12	-161.39	-158.59	-154.05	-140.06	-128.48
Other Financing Activities	347.66	-12.79	95.14	-135.26	76.41	150.8
Financing Cash Flow	137.07	177.9	151.55	84.31	213.32	217.52
Net Cash Flow	-52.46	1.72	3.83	2.72	3.7	1.67
Free Cash Flow	-147.94	-130	-142.5	-77.66	-207.9	-214.35
FCF Margin	-9.01%	-8.07%	-9.41%	-5.46%	-14.07%	-15.62%
Free Cash Flow Per Share	-2.41	-2.11	-2.32	-1.29	-3.69	-4.13
Levered Free Cash Flow	-71.8	203.1	62.14	190.04	-149.72	-184.93
Unlevered Free Cash Flow	-35.53	-15.5	-39.44	-14.86	-68.78	-100.01

Updated Apr 29, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q