NorthWestern Energy Group, Inc. (NWE) EBITDA (2022 - 2026)
NorthWestern Energy (NWE) posted EBITDA of $131.22 million for Q2 2026, up 6.5% from $123.17 million a year earlier but down 27.5% from the prior quarter.
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Analysis
NorthWestern Energy Group, Inc. (NWE) EBITDA (2022 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at NorthWestern Energy was $577.22 million, down 1.1% year-over-year; for FY2025, it was $575.34 million, up 4.4% from FY2024.
- Annual EBITDA has increased for three consecutive years, with a four-year compound annual growth rate of 5.6% (FY2021 to FY2025).
- In prior years, NorthWestern Energy's EBITDA was $550.96 million in FY2024 (+7.8%), $510.93 million in FY2023 (+11.5%), $458.1 million in FY2022 (-1.1%) and $463.15 million in FY2021.
- Quarterly EBITDA has run from a low of $96.88 million in Q3 2022 to a high of $187.13 million in Q1 2025 over five years.
- On a year-over-year basis, EBITDA increased in five of the last eight quarters, with growth averaging 4.1%.
- The strongest year-over-year quarter for EBITDA in the past five years was Q2 2024, with growth of 21.0%; the weakest was Q4 2025, with a decline of 18.0%.
- According to Business Quant data, EBITDA for the three prior quarters was $180.94 million (Q1 2026), $121.94 million (Q4 2025) and $143.11 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 132.18 Mn |
| Mar 31, 2026 | 181.92 Mn |
| Dec 31, 2025 | 122.96 Mn |
| Sep 30, 2025 | 144.16 Mn |
| Jun 30, 2025 | 124.52 Mn |
| Mar 31, 2025 | 188.12 Mn |
| Dec 31, 2024 | 149.86 Mn |
| Sep 30, 2024 | 126.04 Mn |
| Jun 30, 2024 | 119.70 Mn |
| Mar 31, 2024 | 160.01 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | 109.15 Mn |
| Jun 30, 2023 | 99.29 Mn |
| Mar 31, 2023 | 150.64 Mn |
| Dec 31, 2022 | 133.82 Mn |
| Sep 30, 2022 | 96.88 Mn |
API Access
NorthWestern Energy Group, Inc. EBITDA 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=ebitda&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();