NorthWestern Energy (NWE) FCF Payout Ratio (2022 - 2026)
NorthWestern Energy's (NWE) quarterly FCF Payout Ratio came in at 0.36 in Q2 2026, up 37.41% YoY from 0.26 in Q2 2025, and down 137.75% on a QoQ basis from 0.95 in Q1 2026.
NorthWestern Energy (NWE) FCF Payout Ratio (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of FCF Payout Ratio data on file, last reported at 0.36 in Q2 2026.
- Quarterly FCF Payout Ratio rose 37.41% year-over-year to 0.36 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.85 (up 31.95% YoY) and the FY2025 annual result came in at 1.24, down 11.55% from the prior year.
- FCF Payout Ratio declined to 0.36 in Q2 2026, from 0.95 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.95 in Q1 2026 to a low of 3.56 in Q3 2023.
- A 5-year average of 0.48 and a median of 0.43 in 2025 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio sank 41.26% — and 2024, when it surged 66.42%.
- Tracing NWE's FCF Payout Ratio over 5 years: stood at 0.28 in 2022, then tumbled by 41.26% to 0.4 in 2023, then decreased by 15.33% to 0.46 in 2024, then climbed by 6.73% to 0.43 in 2025, then rose by 17.0% to 0.36 in 2026.
- The last three FCF Payout Ratio figures came in at 0.36 (Q2 2026), 0.95 (Q1 2026), and 0.43 (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 0.39 |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | -0.20 |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | -1.15 |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | -0.67 |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | - |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | -0.45 |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | -0.76 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | -0.31 |
| 10 | NorthWestern Energy | 4.35 Bn | 4.35 Bn | 302.78 Mn | -0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.36 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | -0.09 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.66 |
| Dec 31, 2024 | -0.09 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | -0.08 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | -0.07 |