NorthWestern Energy (NWE) EBITDA (2022 - 2026)
NorthWestern Energy (NWE) reported EBITDA of $114.1 million for Q1 2026, down 8.51% on a YoY basis from $124.7 million in Q1 2025, and up 90.11% quarter-over-quarter from $60.0 million in Q4 2025.
NorthWestern Energy (NWE) EBITDA (2022 - 2026) Analysis & Trends
NorthWestern Energy has reported EBITDA for 5 years, with the latest figure at $114.1 million in Q1 2026.
- For the quarter ending Q1 2026, EBITDA fell 8.51% year-over-year to $114.1 million; the trailing twelve-month figure through Mar 2026 stood at $315.2 million (down 8.89% YoY), and the FY2025 full-year result was $325.8 million, up 0.77% from the prior year.
- EBITDA for Q1 2026 stood at $114.1 million, up from $60.0 million in the prior quarter.
- The five-year high for EBITDA was $124.7 million in Q1 2025, with the low at $45.6 million in Q2 2023.
- Historically, EBITDA has averaged $79.7 million across 5 years, with a median of $80.3 million in 2025.
- Annual changes were most pronounced in 2024 — EBITDA soared 35.05% — and 2025, when it slumped 34.54%.
- NorthWestern Energy's EBITDA 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 jumped by 90.11% to $114.1 million in 2026.
- The last three EBITDA figures came in at $114.1 million (Q1 2026), $60.0 million (Q4 2025), and $80.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 1.03 Bn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 1.40 Bn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 754.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 980.00 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 356.00 Mn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 965.48 Mn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 2.75 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 405.00 Mn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 490.00 Mn |
| 10 | NorthWestern Energy | 4.30 Bn | 4.29 Bn | 423.03 Mn | 114.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |