NorthWestern Energy (NWE) FCF Margin (2022 - 2026)
NorthWestern Energy's (NWE) quarterly FCF Margin came in at 29.26% in Q2 2026, down 865.0% on a YoY basis from 3.82% in Q2 2025, and down 435.97% quarter-over-quarter from 8.71% in Q1 2026.
Analysis
NorthWestern Energy (NWE) FCF Margin (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has reported FCF Margin for 5 consecutive years, with 29.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 865.0% year-over-year to 29.26%; the trailing twelve-month figure through Jun 2026 stood at 11.36% (down 295.0% YoY), and the FY2025 full-year result was 8.07%, up 134.0% from the prior year.
- FCF Margin slipped to 29.26% in Q2 2026 per NWE's latest filing, from 8.71% in the prior quarter.
- Across five years, FCF Margin topped out at 16.96% in Q1 2023 and bottomed at 30.76% in Q4 2022.
- Historically, FCF Margin has averaged 10.9% across 5 years, with a median of 15.97% in 2023.
- The sharpest annual moves came in 2024 and 2026: FCF Margin jumped 436 bps in 2024, then slumped 865 bps in 2026.
- Over 5 years, FCF Margin stood at 30.76% in 2022, then climbed by 11 bps to 27.36% in 2023, then climbed by 16 bps to 23.0% in 2024, then grew by 2 bps to 22.63% in 2025, then dropped by 29 bps to 29.26% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 29.26%, 8.71%, and 22.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | - |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 33.21% |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | -59.25% |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | -13.08% |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | -14.77% |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | -9.68% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 21.54% |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | - |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | -14.89% |
| 10 | NorthWestern Energy | 4.35 Bn | 4.35 Bn | 302.78 Mn | -29.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -29.26% |
| Mar 31, 2026 | 8.71% |
| Dec 31, 2025 | -22.63% |
| Sep 30, 2025 | -6.95% |
| Jun 30, 2025 | -20.61% |
| Mar 31, 2025 | 13.13% |
| Dec 31, 2024 | -23.00% |
| Sep 30, 2024 | -9.62% |
| Jun 30, 2024 | -23.86% |
| Mar 31, 2024 | 11.13% |
| Dec 31, 2023 | -27.36% |
| Sep 30, 2023 | -3.41% |
| Jun 30, 2023 | -15.97% |
| Mar 31, 2023 | 16.96% |
| Dec 31, 2022 | -30.76% |