NorthWestern Energy (NWE) EBT Margin (2022 - 2026)

NorthWestern Energy (NWE) reported EBT Margin of 15.53% for Q1 2026, down 422.0% on a YoY basis from 4.82% in Q1 2025, and up 170.38% quarter-over-quarter from 5.74% in Q4 2025.

NorthWestern Energy (NWE) EBT Margin (2022 - 2026) Analysis & Trends

NorthWestern Energy has reported EBT Margin for 5 years, with the latest figure at 15.53% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 422.0% year-over-year to 15.53%; the trailing twelve-month figure through Mar 2026 stood at 10.52% (down 485.0% YoY), and the FY2025 full-year result was 11.65%, down 253.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 15.53%, up from 5.74% in the prior quarter.
  • The five-year high for EBT Margin was 21.52% in Q4 2023, with the low at 5.74% in Q4 2025.
  • Historically, EBT Margin has averaged 12.91% across 5 years, with a median of 12.65% in 2024.
  • Annual changes were most pronounced in 2023 — EBT Margin jumped 650 bps — and 2025, when it sank 1024 bps.
  • NorthWestern Energy's EBT Margin stood at 15.01% in 2022, then jumped by 43 bps to 21.52% in 2023, then dropped by 26 bps to 15.99% in 2024, then slumped by 64 bps to 5.74% in 2025, then soared by 170 bps to 15.53% in 2026.
  • The last three EBT Margin figures came in at 15.53% (Q1 2026), 5.74% (Q4 2025), and 12.15% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 19.81%
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 18.57%
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 12.66%
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 25.02%
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 19.21%
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn 204.52%
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 49.97%
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 14.37%
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 13.26%
10 NorthWestern Energy 4.30 Bn 4.29 Bn 423.03 Mn 15.53%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.53%
Dec 31, 2025 5.74%
Sep 30, 2025 12.15%
Jun 30, 2025 7.18%
Mar 31, 2025 19.75%
Dec 31, 2024 15.99%
Sep 30, 2024 12.65%
Jun 30, 2024 11.22%
Mar 31, 2024 15.87%
Dec 31, 2023 21.52%
Sep 30, 2023 9.66%
Jun 30, 2023 7.32%
Mar 31, 2023 16.01%
Dec 31, 2022 15.01%
Sep 30, 2022 8.09%