NorthWestern Energy (NWE) Dividend Coverage Ratio (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Dividend Coverage Ratio came in at 0.61 in Q2 2026, up 15.68% on a YoY basis from 0.53 in Q2 2025, and down 60.64% quarter-over-quarter from 1.55 in Q1 2026.
Analysis
NorthWestern Energy (NWE) Dividend Coverage Ratio (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has reported Dividend Coverage Ratio for 5 consecutive years, with 0.61 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 15.68% year-over-year to 0.61; the trailing twelve-month figure through Jun 2026 stood at 1.05 (down 25.36% YoY), and the FY2025 full-year result was 1.12, down 20.6% from the prior year.
- Dividend Coverage Ratio slipped to 0.61 in Q2 2026 per NWE's latest filing, from 1.55 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 2.13 in Q4 2023 and bottomed at 0.5 in Q2 2023.
- Historically, Dividend Coverage Ratio has averaged 1.24 across 5 years, with a median of 1.14 in 2025.
- The sharpest annual moves came in 2024 and 2025: Dividend Coverage Ratio soared 58.84% in 2024, then slumped 45.49% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 1.8 in 2022, then advanced by 18.44% to 2.13 in 2023, then dropped by 4.73% to 2.03 in 2024, then slumped by 45.49% to 1.11 in 2025, then tumbled by 45.01% to 0.61 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.61, 1.55, and 1.11 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 0.56 |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 1.62 |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 0.96 |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.52 |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 1.31 |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 1.75 |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 1.58 |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 1.27 |
| 10 | NorthWestern Energy | 4.35 Bn | 4.35 Bn | 302.78 Mn | 0.61 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.61 |
| Mar 31, 2026 | 1.55 |
| Dec 31, 2025 | 1.11 |
| Sep 30, 2025 | 0.95 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 1.91 |
| Dec 31, 2024 | 2.03 |
| Sep 30, 2024 | 1.18 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 1.64 |
| Dec 31, 2023 | 2.13 |
| Sep 30, 2023 | 0.75 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 1.64 |
| Dec 31, 2022 | 1.80 |
| Sep 30, 2022 | 0.78 |