NorthWestern Energy (NWE) EV to CFO (2023 - 2026)
NorthWestern Energy's (NWE) EV to CFO was 10.58 for Q2 2026, up 32.6% from 7.98 a year earlier and up 4.6% from the prior quarter.
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Analysis
NorthWestern Energy (NWE) EV to CFO (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NorthWestern Energy's EV to CFO came in at 10.53, up 34.7% year-over-year; for FY2025, it was 10.03, up 24.6% from FY2024.
- By year, EV to CFO came in at 8.05 in FY2024 (+26.7%), 6.35 in FY2023 (-44.8%), 11.51 in FY2022 (-14.2%) and 13.42 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly EV to CFO in data going back to Q3 2023.
- Year over year, EV to CFO has now increased in each of the last eight quarters, with growth averaging 20.0% over the last eight quarters.
- Across the past five years, year-over-year growth in EV to CFO ran from 3.8% in Q3 2025 to 32.6% in Q2 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.11 (Q1 2026), 10.03 (Q4 2025) and 8.96 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | NorthWestern Energy | 5.13 Bn | 5.10 Bn | 302.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.58 |
| Mar 31, 2026 | 10.11 |
| Dec 31, 2025 | 10.03 |
| Sep 30, 2025 | 8.96 |
| Jun 30, 2025 | 7.98 |
| Mar 31, 2025 | 8.77 |
| Dec 31, 2024 | 8.05 |
| Sep 30, 2024 | 8.63 |
| Jun 30, 2024 | 7.31 |
| Mar 31, 2024 | 7.13 |
| Dec 31, 2023 | 6.35 |
| Sep 30, 2023 | 6.92 |
API Access
NorthWestern Energy EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "NWE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();