NorthWestern Energy Group, Inc. (NWE)

NorthWestern Energy Group Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb 17, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	4,297	3,963	3,278	3,042	3,212	3,244
Market Cap Growth	29.34%	20.91%	7.76%	-5.31%	-0.97%	9.98%
Enterprise Value	7,760	7,259	6,250	5,691	5,769	5,714
PE Ratio	23.82	21.89	14.63	15.67	17.55	17.36
PS Ratio	2.66	2.46	2.17	2.14	2.17	2.36
PB Ratio	1.48	1.37	1.15	1.09	1.21	1.39
P/OCF Ratio	10.98	10.05	8.06	6.22	10.46	14.75
EV/Sales Ratio	4.82	4.51	4.13	4.00	3.90	4.16
EV/EBITDA Ratio	13.30	12.44	11.28	11.22	12.37	12.50
EV/EBIT Ratio	23.23	21.73	19.14	19.17	21.25	21.20
Debt / Equity Ratio	1.19	1.19	1.09	1.00	0.99	1.09
Debt / EBITDA Ratio	5.89	5.89	5.60	5.51	5.64	5.59
Net Debt / Equity Ratio	1.19	1.19	1.08	1.00	0.98	1.09
Net Debt / EBITDA Ratio	5.88	5.88	5.59	5.49	5.62	5.59
Net Debt / FCF Ratio	-26.38	-26.38	-21.73	-35.85	-12.61	-11.91
Quick Ratio	0.31	0.31	0.24	0.41	0.41	0.53
Current Ratio	0.72	0.72	0.52	0.76	0.87	1.15
Asset Turnover	0.20	0.20	0.19	0.19	0.21	0.21
Return on Equity (ROE)	6.31%	6.31%	7.94%	7.12%	7.31%	8.46%
Return on Assets (ROA)	2.54%	2.54%	2.62%	2.49%	2.41%	2.56%
Return on Capital Employed (ROCE)	4.30%	4.30%	4.50%	4.20%	4.10%	4.20%
Earnings Yield	4.18%	4.57%	6.84%	6.38%	5.70%	5.76%
FCF Yield	-3.00%	-3.28%	-4.35%	-2.55%	-6.47%	-6.61%
Dividend Yield	3.83%	4.09%	5.09%	5.54%	4.90%	5.23%
Payout Ratio	90.14%	89.12%	70.76%	79.35%	76.53%	68.77%
Buyback Yield / Dilution	-0.27%	-0.27%	-1.68%	-7.22%	-8.52%	-2.30%
Total Shareholder Return	3.52%	3.82%	3.41%	-1.68%	-3.62%	2.93%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q