NorthWestern Energy (NWE) Construction in Progress (2022 - 2025)

NorthWestern Energy (NWE) posted Construction in Progress of $217.9 million for Q4 2025, up 32.27% on a QoQ basis from $164.8 million in Q4 2024, and up 32.27% year-over-year from $164.8 million in Q4 2024.

NorthWestern Energy (NWE) Construction in Progress (2022 - 2025) Analysis & Trends

NorthWestern Energy's Construction in Progress history runs 4 years deep, the most recent figure standing at $217.9 million for Q4 2025.

  • Quarterly Construction in Progress rose 32.27% year-over-year to $217.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $217.9 million (up 32.27% YoY) and the FY2025 annual result came in at $217.9 million, up 32.27% from the prior year.
  • Construction in Progress was $217.9 million for Q4 2025 at NorthWestern Energy, up from $164.8 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $377.2 million in Q4 2023 and bottomed at $164.8 million in Q4 2024.
  • A 4-year average of $267.9 million and a median of $264.8 million in 2022 frame the typical range for Construction in Progress.
  • Annual changes were most pronounced in 2024 — Construction in Progress plunged 56.32% — and 2025, when it jumped 32.27%.
  • NorthWestern Energy's Construction in Progress stood at $311.7 million in 2022, then grew by 21.05% to $377.2 million in 2023, then plunged by 56.32% to $164.8 million in 2024, then surged by 32.27% to $217.9 million in 2025.
  • Business Quant data shows NWE's Construction in Progress at $217.9 million in Q4 2025, $164.8 million in Q4 2024, and $377.2 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Fortis 461,044.00 Bn 461,043.74 Bn 1.70 Bn -
2 Dominion Energy 61.94 Bn 61.59 Bn - -
3 Xcel Energy 50.48 Bn 48.72 Bn 4.02 Bn 9.44 Bn
4 Wec Energy 37.14 Bn 37.10 Bn 2.04 Bn -
5 Energy Co Of Parana 34.13 Bn 33.47 Bn - -
6 Ameren 31.00 Bn 30.99 Bn - -
7 Edison International 30.33 Bn 30.17 Bn - 6.72 Bn
8 Firstenergy 28.54 Bn 28.46 Bn 2.74 Bn 3.91 Bn
9 Hydro One 25.14 Bn 25.13 Bn - -
10 NorthWestern Energy 4.44 Bn 4.44 Bn 352.01 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 217.94 Mn
Dec 31, 2024 164.77 Mn
Dec 31, 2023 377.24 Mn
Dec 31, 2022 311.65 Mn