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

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

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

NorthWestern Energy's EBT Margin history runs 5 years deep, the most recent figure standing at 15.53% for Q1 2026.

  • Quarterly EBT Margin fell 422.0% year-over-year to 15.53% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.52% (down 485.0% YoY) and the FY2025 annual result came in at 11.65%, down 253.0% from the prior year.
  • EBT Margin was 15.53% for Q1 2026 at NorthWestern Energy, up from 5.74% in the prior quarter.
  • Across five years, EBT Margin topped out at 21.52% in Q4 2023 and bottomed at 5.74% in Q4 2025.
  • A 5-year average of 12.91% and a median of 12.65% 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 plunged 1024 bps.
  • NorthWestern Energy's EBT Margin stood at 15.01% in 2022, then soared by 43 bps to 21.52% in 2023, then fell by 26 bps to 15.99% in 2024, then plunged by 64 bps to 5.74% in 2025, then surged by 170 bps to 15.53% in 2026.
  • Business Quant data shows NWE's EBT Margin at 15.53% in Q1 2026, 5.74% in Q4 2025, and 12.15% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 19.81%
2 Dominion Energy 62.80 Bn 67.01 Bn - 18.57%
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 12.66%
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 25.02%
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 19.21%
7 Edison International 30.65 Bn 30.49 Bn - 49.97%
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 14.37%
9 Hydro One 25.14 Bn 25.13 Bn - -
10 NorthWestern Energy 4.46 Bn 4.45 Bn 352.01 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%