NorthWestern Energy (NWE) EBT Margin (2022 - 2026)
NorthWestern Energy's (NWE) quarterly EBT Margin came in at 7.25% in Q2 2026, up 7.0% YoY from 6.77% in Q2 2025, and down 53.31% on a QoQ basis from 15.53% in Q1 2026.
NorthWestern Energy (NWE) EBT Margin (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of EBT Margin data on file, last reported at 7.25% in Q2 2026.
- Quarterly EBT Margin rose 7.0% year-over-year to 7.25% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.44% (down 397.0% YoY) and the FY2025 annual result came in at 11.65%, down 253.0% from the prior year.
- EBT Margin eased to 7.25% in Q2 2026, from 15.53% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 21.52% in Q4 2023 to a low of 5.74% in Q4 2025.
- A 5-year average of 12.56% and a median of 12.4% in 2024 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2023 — EBT Margin jumped 650 bps — and 2025, when it sank 1024 bps.
- Tracing NWE's EBT Margin over 5 years: 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 increased by 26 bps to 7.25% in 2026.
- The last three EBT Margin figures came in at 7.25% (Q2 2026), 15.53% (Q1 2026), and 5.74% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 16.52% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 16.86% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 15.91% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 17.59% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 15.49% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 18.29% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 12.07% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | NorthWestern Energy | 4.35 Bn | 4.35 Bn | 302.78 Mn | 7.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.25% |
| 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% |