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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,528	1,514	1,422	1,478	1,372	1,199
Revenue Growth (YoY)	3.78%	6.45%	-3.77%	7.69%	14.49%	-4.71%
Operations & Maintenance	235.33	227.84	220.52	221.43	208.3	202.99
Selling, General & Admin	140.84	137.44	117.36	113.78	101.87	94.12
Depreciation & Amortization	238.74	227.64	210.47	195.02	187.47	179.64
Other Operating Expenses	566.43	594.53	576.9	676.06	605.19	485.37
Total Operating Expenses	1,181	1,187	1,125	1,206	1,103	962.13
Operating Income	346.63	326.47	296.89	271.56	269.48	236.54
Interest Expense	-141.58	-131.67	-114.62	-100.11	-93.67	-96.81
Net Interest Expense	-141.58	-131.67	-114.62	-100.11	-93.67	-96.81
Other Non-Operating Income (Expenses)	15.06	19.88	19.4	10.96	14.45	4.52
EBT Excluding Unusual Items	220.11	214.67	201.67	182.4	190.26	144.25
Pretax Income	220.11	214.67	201.67	182.4	190.26	144.25
Income Tax Expense	-5.43	-9.44	7.54	-0.61	3.42	-10.97
Net Income	225.54	224.11	194.13	183.01	186.84	155.22
Net Income to Common	225.54	224.11	194.13	183.01	186.84	155.22
Net Income Growth	7.80%	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)	0.53%	1.68%	7.22%	8.52%	2.30%	-0.09%
EPS (Basic)	3.68	3.66	3.22	3.28	3.61	3.07
EPS (Diluted)	3.67	3.65	3.22	3.25	3.60	3.06
EPS Growth	7.14%	13.41%	-0.98%	-9.72%	17.65%	-23.12%
Free Cash Flow	-128.46	-142.5	-77.66	-207.9	-214.35	-53.61
Free Cash Flow Per Share	-2.09	-2.32	-1.29	-3.69	-4.13	-1.06
Dividend Per Share	2.620	2.600	2.560	2.520	2.480	2.400
Dividend Growth	1.55%	1.56%	1.59%	1.61%	3.33%	4.35%
Profit Margin	14.76%	14.80%	13.65%	12.38%	13.61%	12.95%
Free Cash Flow Margin	-8.41%	-9.41%	-5.46%	-14.07%	-15.62%	-4.47%
EBITDA	585.37	554.1	507.36	466.58	456.95	416.19
EBITDA Margin	38.31%	36.60%	35.68%	31.57%	33.30%	34.72%
D&A For EBITDA	238.74	227.64	210.47	195.02	187.47	179.64
EBIT	346.63	326.47	296.89	271.56	269.48	236.54
EBIT Margin	22.69%	21.56%	20.88%	18.38%	19.64%	19.73%
Effective Tax Rate	-	-	3.74%	-	1.80%	-
Revenue as Reported	1,528	1,514	1,422	1,478	1,372	1,199

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

SEC Filings: 10-K · 10-Q