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

NorthWestern Energy (NWE) posted FCF Margin of 23.63% for Q1 2026, up 121.37% on a QoQ basis from 110.58% in Q4 2025, and up 1050.0% year-over-year from 2.05% in Q1 2025.

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

NorthWestern Energy's FCF Margin history runs 5 years deep, the most recent figure standing at 23.63% for Q1 2026.

  • Quarterly FCF Margin rose 1050.0% year-over-year to 23.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.49% (up 1024.0% YoY) and the FY2025 annual result came in at 8.07%, up 134.0% from the prior year.
  • FCF Margin was 23.63% for Q1 2026 at NorthWestern Energy, up from 110.58% in the prior quarter.
  • Across five years, FCF Margin topped out at 44.33% in Q1 2023 and bottomed at 129.54% in Q4 2023.
  • A 5-year average of 13.57% and a median of 26.63% in 2024 frame the typical range for FCF Margin.
  • Peak annual rise in FCF Margin reached 1588 bps in 2025, while the deepest fall reached 1644 bps in 2025.
  • NorthWestern Energy's FCF Margin stood at 123.71% in 2022, then slipped by 5 bps to 129.54% in 2023, then gained by 5 bps to 123.29% in 2024, then advanced by 10 bps to 110.58% in 2025, then surged by 121 bps to 23.63% in 2026.
  • Business Quant data shows NWE's FCF Margin at 23.63% in Q1 2026, 110.58% in Q4 2025, and 32.32% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 76.58%
2 Dominion Energy 62.80 Bn 67.01 Bn - -42.66%
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 9.50%
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 35.48%
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - -52.99%
7 Edison International 30.65 Bn 30.49 Bn - -6.12%
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn -6.28%
9 Hydro One 25.14 Bn 25.13 Bn - -
10 NorthWestern Energy 4.46 Bn 4.45 Bn 352.01 Mn 23.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.63%
Dec 31, 2025 -110.58%
Sep 30, 2025 32.32%
Jun 30, 2025 41.36%
Mar 31, 2025 13.13%
Dec 31, 2024 -123.29%
Sep 30, 2024 27.77%
Jun 30, 2024 25.48%
Mar 31, 2024 29.57%
Dec 31, 2023 -129.54%
Sep 30, 2023 30.11%
Jun 30, 2023 29.39%
Mar 31, 2023 44.33%
Dec 31, 2022 -123.71%