NorthWestern Energy (NWE) Capital Expenditures (2022 - 2026)

NorthWestern Energy (NWE) posted Capital Expenditures of $41.8 million for Q1 2026, down 91.86% on a QoQ basis from $514.3 million in Q4 2025, and down 54.57% year-over-year from $92.1 million in Q1 2025.

NorthWestern Energy (NWE) Capital Expenditures (2022 - 2026) Analysis & Trends

NorthWestern Energy's Capital Expenditures history runs 5 years deep, the most recent figure standing at $41.8 million for Q1 2026.

  • Quarterly Capital Expenditures fell 54.57% year-over-year to $41.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $474.2 million (down 23.55% YoY) and the FY2025 annual result came in at $524.5 million, down 4.51% from the prior year.
  • Capital Expenditures was $41.8 million for Q1 2026 at NorthWestern Energy, down from $514.3 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $524.1 million in Q4 2022 and bottomed at -$83.5 million in Q2 2025.
  • A 5-year average of $157.6 million and a median of $30.1 million in 2023 frame the typical range for Capital Expenditures.
  • Peak annual rise in Capital Expenditures reached 336.01% in 2025, while the deepest fall reached 333.72% in 2025.
  • NorthWestern Energy's Capital Expenditures stood at $524.1 million in 2022, then retreated by 0.12% to $523.5 million in 2023, then dropped by 0.04% to $523.3 million in 2024, then declined by 1.72% to $514.3 million in 2025, then slumped by 91.86% to $41.8 million in 2026.
  • Business Quant data shows NWE's Capital Expenditures at $41.8 million in Q1 2026, $514.3 million in Q4 2025, and $1.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn -1.10 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - 3.02 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 1.32 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn -
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 1.57 Bn
7 Edison International 30.65 Bn 30.49 Bn - 1.89 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 412.00 Mn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 NorthWestern Energy 4.46 Bn 4.45 Bn 352.01 Mn 41.85 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.85 Mn
Mar 31, 2026 41.85 Mn
Dec 31, 2025 514.28 Mn
Dec 31, 2025 514.28 Mn
Sep 30, 2025 1.61 Mn
Sep 30, 2025 1.61 Mn
Jun 30, 2025 -83.55 Mn
Jun 30, 2025 -83.55 Mn
Mar 31, 2025 92.12 Mn
Mar 31, 2025 92.12 Mn
Dec 31, 2024 523.28 Mn
Dec 31, 2024 523.28 Mn
Sep 30, 2024 24.10 Mn
Sep 30, 2024 24.10 Mn
Jun 30, 2024 -19.26 Mn
Jun 30, 2024 -19.26 Mn
Mar 31, 2024 21.13 Mn
Mar 31, 2024 21.13 Mn
Dec 31, 2023 523.50 Mn
Dec 31, 2023 523.50 Mn