KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Debt to Equity (2022 - 2025)

NorthWestern Energy's Debt to Equity history spans 4 years, with the latest figure at $1.15 for Q4 2025.

  • For Q4 2025, Debt to Equity rose 18.01% year-over-year to $1.15; the TTM value through Dec 2025 reached $1.15, up 18.01%, while the annual FY2025 figure was $1.15, 18.01% up from the prior year.
  • Debt to Equity reached $1.15 in Q4 2025 per NWE's latest filing, up from $1.11 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.15 in Q4 2025 to a low of $0.93 in Q3 2023.
  • Average Debt to Equity over 4 years is $1.02, with a median of $1.0 recorded in 2024.
  • Peak YoY movement for Debt to Equity: decreased 2.16% in 2024, then increased 18.01% in 2025.
  • A 4-year view of Debt to Equity shows it stood at $0.98 in 2022, then increased by 1.74% to $1.0 in 2023, then fell by 2.16% to $0.98 in 2024, then rose by 18.01% to $1.15 in 2025.
  • Per Business Quant, the three most recent readings for NWE's Debt to Equity are $1.15 (Q4 2025), $1.11 (Q3 2025), and $1.09 (Q2 2025).