NWN Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,285	1,289	1,153	1,197	1,037	860.4
Revenue Growth (YoY)	5.91%	11.83%	-3.72%	15.44%	20.57%	11.21%
Fuel and Purchased Power Expense	380.73	395.58	412.38	499.84	429.64	292.31
Operations and Maintenance Expenses	243.68	327.37	294.66	273.77	224.67	204.23
Gross Profit	661.07	566.42	445.95	423.87	383.05	363.86
Depreciation & Amortization Expenses	169.14	165.51	137.9	125.58	116.71	113.53
Taxes Other than Income Tax	83.14	100.21	97.02	94.92	82.86	73.37
Other Operating Expenses	19.93	19.81	19.9	18.43	16.01	13.84
Operating Income	289.41	280.89	191.14	184.94	167.48	163.12
Interest Expense	-126.47	-122.51	-80.09	-76.57	-53.25	-44.49
Other Non-Operating Income (Expense)	-0.67	-3.7	-1.11	17.86	1.2	-12.56
Total Non-Operating Income (Expense)	-127.14	-126.21	-81.2	-58.71	-52.04	-57.05
Pretax Income	162.26	154.68	109.94	126.23	115.43	106.07
Provision for Income Taxes	39.37	41.36	31.07	32.36	29.13	27.41
Net Income	122.89	113.32	78.87	93.87	86.3	78.67
Net Income to Common	122.89	113.32	78.87	93.87	86.3	78.67
Net Income Growth	19.35%	43.68%	-15.98%	8.77%	9.71%	2.46%
Shares Outstanding (Basic)	41	41	39	36	34	31
Shares Outstanding (Diluted)	41	41	39	36	34	31
Shares Change (YoY)	4.80%	5.36%	7.18%	6.71%	10.51%	0.50%
EPS (Basic)	2.95	2.77	2.03	2.59	2.54	2.56
EPS (Diluted)	2.95	2.77	2.03	2.59	2.54	2.56
EPS Growth	17.18%	36.45%	-21.62%	1.97%	-0.78%	1.99%
Shares Outstanding	41.56	41.3	40.13	37.63	35.52	31.13
Free Cash Flow	-272.72	-197.77	-194.12	-47.4	-190.93	-133.54
Free Cash Flow Per Share	-6.62	-4.83	-4.99	-1.31	-5.62	-4.34
Dividends Per Share	1.965	1.962	1.952	1.942	1.933	1.923
Dividend Growth	0.13%	0.51%	0.52%	0.52%	0.52%	0.52%
Gross Margin	51.43%	43.93%	38.68%	35.40%	36.93%	42.29%
Operating Margin	22.51%	21.79%	16.58%	15.44%	16.14%	18.96%
Profit Margin	9.56%	8.79%	6.84%	7.84%	8.32%	9.14%
FCF Margin	-21.22%	-15.34%	-16.84%	-3.96%	-18.41%	-15.52%
EBITDA	483.33	470.64	349.2	328.16	300.06	290.55
EBITDA Margin	37.60%	36.50%	30.29%	27.40%	28.93%	33.77%
EBIT	289.41	280.89	191.14	184.94	167.48	163.12
EBIT Margin	22.51%	21.79%	16.58%	15.44%	16.14%	18.96%
Effective Tax Rate	24.26%	26.74%	28.26%	25.64%	25.24%	25.84%

Updated May 6, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q