NorthWestern Energy (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 (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
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 487.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 1.02 Bn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 1.36 Bn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 817.70 Mn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 883.00 Mn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 973.06 Mn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 521.94 Mn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 782.00 Mn |
| 10 | NorthWestern Energy | 4.19 Bn | 4.16 Bn | 302.78 Mn | 131.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.22 Mn |
| Mar 31, 2026 | 180.94 Mn |
| Dec 31, 2025 | 121.94 Mn |
| Sep 30, 2025 | 143.11 Mn |
| Jun 30, 2025 | 123.17 Mn |
| Mar 31, 2025 | 187.13 Mn |
| Dec 31, 2024 | 148.70 Mn |
| Sep 30, 2024 | 124.89 Mn |
| Jun 30, 2024 | 118.55 Mn |
| Mar 31, 2024 | 158.82 Mn |
| Dec 31, 2023 | 155.85 Mn |
| Sep 30, 2023 | 107.79 Mn |
| Jun 30, 2023 | 98.00 Mn |
| Mar 31, 2023 | 149.29 Mn |
| Dec 31, 2022 | 132.54 Mn |
| Sep 30, 2022 | 96.88 Mn |
API Access
NorthWestern Energy 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();