NorthWestern Energy (NWE) EBITDA (2022 - 2026)
NorthWestern Energy's (NWE) quarterly EBITDA came in at $64.2 million in Q2 2026, up 5.69% YoY from $60.8 million in Q2 2025, and down 43.7% on a QoQ basis from $114.1 million in Q1 2026.
NorthWestern Energy (NWE) EBITDA (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of EBITDA data on file, last reported at $64.2 million in Q2 2026.
- Quarterly EBITDA rose 5.69% year-over-year to $64.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $318.7 million (down 7.67% YoY) and the FY2025 annual result came in at $325.8 million, up 0.77% from the prior year.
- EBITDA slipped to $64.2 million in Q2 2026, from $114.1 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $124.7 million in Q1 2025 to a low of $45.6 million in Q2 2023.
- A 5-year average of $78.7 million and a median of $74.1 million in 2024 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2024 — EBITDA soared 35.05% — and 2025, when it slumped 34.54%.
- Tracing NWE's EBITDA over 5 years: stood at $83.2 million in 2022, then increased by 23.95% to $103.2 million in 2023, then decreased by 11.12% to $91.7 million in 2024, then tumbled by 34.54% to $60.0 million in 2025, then gained by 7.03% to $64.2 million in 2026.
- The last three EBITDA figures came in at $64.2 million (Q2 2026), $114.1 million (Q1 2026), and $60.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.21 Bn | 75.39 Bn | - | - |
| 2 | Dominion Energy | 58.88 Bn | 58.10 Bn | 3.50 Bn | 332.00 Mn |
| 3 | Xcel Energy | 48.03 Bn | 46.02 Bn | 3.12 Bn | 706.00 Mn |
| 4 | Wec Energy | 34.85 Bn | 34.80 Bn | 1.45 Bn | 432.80 Mn |
| 5 | Ameren | 29.63 Bn | 29.62 Bn | - | 459.00 Mn |
| 6 | Fortis | 28.19 Bn | 28.19 Bn | 1.60 Bn | 1.03 Bn |
| 7 | Edison International | 27.74 Bn | 27.50 Bn | 3.29 Bn | 1.09 Bn |
| 8 | Firstenergy | 26.73 Bn | 26.54 Bn | 2.51 Bn | 1.10 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 451.11 Mn |
| 10 | NorthWestern Energy | 4.29 Bn | 4.28 Bn | 302.78 Mn | 64.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.25 Mn |
| Mar 31, 2026 | 114.11 Mn |
| Dec 31, 2025 | 60.02 Mn |
| Sep 30, 2025 | 80.28 Mn |
| Jun 30, 2025 | 60.79 Mn |
| Mar 31, 2025 | 124.73 Mn |
| Dec 31, 2024 | 91.70 Mn |
| Sep 30, 2024 | 67.93 Mn |
| Jun 30, 2024 | 61.61 Mn |
| Mar 31, 2024 | 102.08 Mn |
| Dec 31, 2023 | 103.16 Mn |
| Sep 30, 2023 | 55.63 Mn |
| Jun 30, 2023 | 45.62 Mn |
| Mar 31, 2023 | 96.04 Mn |
| Dec 31, 2022 | 83.23 Mn |
| Sep 30, 2022 | 48.29 Mn |