NorthWestern Energy (NWE) EBITDA Margin (2022 - 2026)
NorthWestern Energy posted quarterly EBITDA Margin of 22.93% for Q1 2026, down 380.0% year-on-year from 8.19% in Q1 2025, and up 58.28% on a QoQ basis from 14.49% in Q4 2025.
NorthWestern Energy (NWE) has 5 years of EBITDA Margin data on file, last reported at 22.93% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 380.0% year-over-year to 22.93%; the trailing twelve-month figure through Mar 2026 stood at 19.2% (down 378.0% YoY), and the FY2025 full-year result was 20.23%, down 113.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 22.93%, up from 14.49% in the prior quarter.
- Across five years, EBITDA Margin topped out at 28.98% in Q4 2023 and bottomed at 14.41% in Q3 2022.
- The 5-year median for EBITDA Margin is 19.68% (2024), against an average of 20.31%.
- The widest annual swing landed in 2023, when EBITDA Margin jumped 941 bps; it then slumped 1006 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 19.57% in 2022, then soared by 48 bps to 28.98% in 2023, then dropped by 15 bps to 24.55% in 2024, then plunged by 41 bps to 14.49% in 2025, then surged by 58 bps to 22.93% in 2026.
- The last three EBITDA Margin figures came in at 22.93% (Q1 2026), 14.49% (Q4 2025), and 20.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 645.09 Bn | 644.83 Bn | 1.70 Bn | 41.61% |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 93.74% |
| 3 | Dominion Energy | 56.77 Bn | 60.97 Bn | 4.03 Bn | 27.81% |
| 4 | Xcel Energy | 47.77 Bn | 45.88 Bn | 3.35 Bn | 18.75% |
| 5 | Wec Energy | 35.40 Bn | 35.76 Bn | 2.83 Bn | 28.54% |
| 6 | Ameren | 29.12 Bn | 29.24 Bn | 1.69 Bn | 16.36% |
| 7 | Korea Electric Power | 28.73 Bn | 13.96 Bn | - | - |
| 8 | Energy Co Of Parana | 27.30 Bn | 26.65 Bn | - | - |
| 9 | Edison International | 26.69 Bn | 26.53 Bn | 3.85 Bn | 52.79% |
| 10 | NorthWestern Energy | 4.20 Bn | 4.19 Bn | 423.03 Mn | 22.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |