NorthWestern Energy (NWE) EBIT Margin (2022 - 2026)
NorthWestern Energy's EBIT Margin came in at 16.36% for Q2 2026, down 1.37 percentage points from 17.74% a year earlier and down 6.57 percentage points from the prior quarter.
NorthWestern Energy (NWE) EBIT Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NorthWestern Energy reported EBIT Margin of 18.84%, down 3.75 percentage points year-over-year; for FY2025, it came in at 20.23%, down 1.13 percentage points from FY2024.
- EBIT Margin carries a four-year change of +0.14 percentage points (FY2021 to FY2025).
- Going back by year, EBIT Margin was 21.36% in FY2024 (+0.23 pp), 21.13% in FY2023 (+3.33 pp), 17.80% in FY2022 (-2.29 pp) and 20.09% in FY2021.
- The five-year range for quarterly EBIT Margin is 14.41% (Q3 2022) to 28.98% (Q4 2023).
- Year-over-year, EBIT Margin has declined for three consecutive quarters, with an average year-over-year change of -1.56 percentage points over the last eight quarters.
- The fastest year-over-year change in EBIT Margin over five years came in Q4 2023 (a gain of 9.41 percentage points), and the weakest in Q4 2025 (a drop of 10.06 percentage points).
- Business Quant data shows NWE's EBIT Margin at 22.93% (Q1 2026), 14.49% (Q4 2025) and 20.75% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 30.20% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 7.34% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 22.64% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 20.99% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 21.94% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 27.43% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 36.45% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 40.00% |
| 10 | NorthWestern Energy | 4.19 Bn | 4.16 Bn | 302.78 Mn | 16.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.36% |
| Mar 31, 2026 | 22.93% |
| Dec 31, 2025 | 14.49% |
| Sep 30, 2025 | 20.75% |
| Jun 30, 2025 | 17.74% |
| Mar 31, 2025 | 26.73% |
| Dec 31, 2024 | 24.55% |
| Sep 30, 2024 | 19.68% |
| Jun 30, 2024 | 19.26% |
| Mar 31, 2024 | 21.48% |
| Dec 31, 2023 | 28.98% |
| Sep 30, 2023 | 17.33% |
| Jun 30, 2023 | 15.70% |
| Mar 31, 2023 | 21.13% |
| Dec 31, 2022 | 19.57% |
| Sep 30, 2022 | 14.41% |
NorthWestern Energy EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=NWE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "NWE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();