NorthWestern Energy (NWE) Debt Ratio (2022 - 2026)
NorthWestern Energy (NWE) posted Debt Ratio of 0.39 for Q1 2026, down 1.53% on a QoQ basis from 0.39 in Q4 2025, and little changed year-over-year from 0.39 in Q1 2025.
NorthWestern Energy (NWE) Debt Ratio (2022 - 2026) Analysis & Trends
NorthWestern Energy's Debt Ratio history runs 5 years deep, the most recent figure standing at 0.39 for Q1 2026.
- Quarterly Debt Ratio changed 0.33% year-over-year to 0.39 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.39 (changed 0.33% YoY) and the FY2025 annual result came in at 0.39, up 1.74% from the prior year.
- Debt Ratio was 0.39 for Q1 2026 at NorthWestern Energy, down from 0.39 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.39 in Q4 2025 and bottomed at 0.34 in Q3 2023.
- A 5-year average of 0.37 and a median of 0.38 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio dropped 2.98% — and 2025, when it climbed 9.73%.
- NorthWestern Energy's Debt Ratio stood at 0.38 in 2022, then declined by 2.98% to 0.37 in 2023, then climbed by 5.64% to 0.39 in 2024, then advanced by 1.74% to 0.39 in 2025, then decreased by 1.53% to 0.39 in 2026.
- Business Quant data shows NWE's Debt Ratio at 0.39 in Q1 2026, 0.39 in Q4 2025, and 0.38 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 0.45 |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 0.00 |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 0.42 |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 0.41 |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | 0.07 |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 0.40 |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 0.41 |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 0.49 |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 0.47 |
| 10 | NorthWestern Energy | 4.46 Bn | 4.45 Bn | 352.01 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.38 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.35 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.34 |
| Dec 31, 2022 | 0.38 |