NorthWestern Energy (NWE) Construction in Progress (2022 - 2025)
NorthWestern Energy's (NWE) quarterly Construction in Progress came in at $217.9 million in Q4 2025, up 32.27% YoY from $164.8 million in Q4 2024, and up 32.27% on a QoQ basis from $164.8 million in Q4 2024.
NorthWestern Energy (NWE) Construction in Progress (2022 - 2025) Analysis & Trends
NorthWestern Energy (NWE) has 4 years of Construction in Progress data on file, last reported at $217.9 million in 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 advanced to $217.9 million in Q4 2025, from $164.8 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $377.2 million in Q4 2023 to a low of $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 sank 56.32% — and 2025, when it jumped 32.27%.
- Tracing NWE's Construction in Progress over 4 years: stood at $311.7 million in 2022, then advanced by 21.05% to $377.2 million in 2023, then slumped by 56.32% to $164.8 million in 2024, then soared by 32.27% to $217.9 million in 2025.
- The last three Construction in Progress figures came in at $217.9 million (Q4 2025), $164.8 million (Q4 2024), and $377.2 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | - |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 9.84 Bn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | - |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | - |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | - |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 3.93 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | NorthWestern Energy | 4.35 Bn | 4.35 Bn | 302.78 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 217.94 Mn |
| Dec 31, 2024 | 164.77 Mn |
| Dec 31, 2023 | 377.24 Mn |
| Dec 31, 2022 | 311.65 Mn |