NorthWestern Energy (NWE) Free Cash Flow (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Free Cash Flow came in at -$114.9 million in Q2 2026, down 62.61% YoY from -$307.2 million in Q2 2025, and down 365.09% on a QoQ basis from $43.3 million in Q1 2026.
NorthWestern Energy (NWE) Free Cash Flow (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Free Cash Flow data on file, last reported at -$114.9 million in Q2 2026.
- Quarterly Free Cash Flow fell 62.61% year-over-year to -$114.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$192.2 million (down 49.59% YoY) and the FY2025 annual result came in at -$130.0 million, up 8.77% from the prior year.
- Free Cash Flow slipped to -$114.9 million in Q2 2026, from $43.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $77.1 million in Q1 2023 to a low of -$130.8 million in Q4 2022.
- A 5-year average of -$36.8 million and a median of -$46.4 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow rose 25.54% — and 2024, when it sank 203.07%.
- Tracing NWE's Free Cash Flow over 5 years: stood at -$130.8 million in 2022, then climbed by 25.54% to -$97.4 million in 2023, then gained by 11.82% to -$85.9 million in 2024, then fell by 9.13% to -$93.7 million in 2025, then dropped by 22.54% to -$114.9 million in 2026.
- The last three Free Cash Flow figures came in at -$114.9 million (Q2 2026), $43.3 million (Q1 2026), and -$93.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 1.49 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -1.85 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | -269.70 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | -309.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | -341.22 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | - |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | -356.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 495.93 Mn |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | -114.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -114.87 Mn |
| Jun 30, 2026 | -114.87 Mn |
| Mar 31, 2026 | 117.57 Mn |
| Mar 31, 2026 | 117.57 Mn |
| Dec 31, 2025 | -458.09 Mn |
| Dec 31, 2025 | -458.09 Mn |
| Sep 30, 2025 | 125.07 Mn |
| Sep 30, 2025 | 125.07 Mn |
| Jun 30, 2025 | 141.76 Mn |
| Jun 30, 2025 | 141.76 Mn |
| Mar 31, 2025 | 61.27 Mn |
| Mar 31, 2025 | 61.27 Mn |
| Dec 31, 2024 | -460.44 Mn |
| Dec 31, 2024 | -460.44 Mn |
| Sep 30, 2024 | 95.86 Mn |
| Sep 30, 2024 | 95.86 Mn |
| Jun 30, 2024 | 81.53 Mn |
| Jun 30, 2024 | 81.53 Mn |
| Mar 31, 2024 | 140.55 Mn |
| Mar 31, 2024 | 140.55 Mn |