NorthWestern Energy (NWE) Debt Ratio (2022 - 2026)

NorthWestern Energy has reported Debt Ratio for 5 years, with the latest figure at 0.38 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio fell 1.02% year-over-year to 0.38; the trailing twelve-month figure through Mar 2026 stood at 0.38 (down 1.02% YoY), and the FY2025 full-year result was 0.39, up 5.13% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.38, down from 0.39 in the prior quarter.
• The five-year high for Debt Ratio was 0.39 in Q4 2025, with the low at 0.34 in Q3 2023.
• Historically, Debt Ratio has averaged 0.37 across 5 years, with a median of 0.37 in 2023.
• Annual changes were most pronounced in 2024 — Debt Ratio rose 6.61% — and 2026, when it retreated 1.02%.
• NorthWestern Energy's Debt Ratio stood at 0.36 in 2022, then grew by 2.37% to 0.37 in 2023, then gained by 2.23% to 0.37 in 2024, then rose by 5.13% to 0.39 in 2025, then declined by 2.87% to 0.38 in 2026.
• The last three Debt Ratio figures came in at 0.38 (Q1 2026), 0.39 (Q4 2025), and 0.38 (Q3 2025), per Business Quant data.