NorthWestern Energy (NWE) Free Cash Flow (2022 - 2026)
NorthWestern Energy (NWE) posted Free Cash Flow of $117.6 million for Q1 2026, up 125.66% on a QoQ basis from -$458.1 million in Q4 2025, and up 91.89% year-over-year from $61.3 million in Q1 2025.
NorthWestern Energy (NWE) Free Cash Flow (2022 - 2026) Analysis & Trends
NorthWestern Energy's Free Cash Flow history runs 5 years deep, the most recent figure standing at $117.6 million for Q1 2026.
- Quarterly Free Cash Flow rose 91.89% year-over-year to $117.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$73.7 million (up 66.77% YoY) and the FY2025 annual result came in at -$130.0 million, up 8.77% from the prior year.
- Free Cash Flow was $117.6 million for Q1 2026 at NorthWestern Energy, up from -$458.1 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $201.5 million in Q1 2023 and bottomed at -$526.1 million in Q4 2022.
- A 5-year average of -$54.2 million and a median of $90.6 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2025 — Free Cash Flow tumbled 56.41% — and 2026, when it soared 91.89%.
- NorthWestern Energy's Free Cash Flow stood at -$526.1 million in 2022, then increased by 12.34% to -$461.2 million in 2023, then gained by 0.16% to -$460.4 million in 2024, then advanced by 0.51% to -$458.1 million in 2025, then jumped by 125.66% to $117.6 million in 2026.
- Business Quant data shows NWE's Free Cash Flow at $117.6 million in Q1 2026, -$458.1 million in Q4 2025, and $125.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 1.90 Bn |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | -2.14 Bn |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 382.00 Mn |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 1.22 Bn |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | -1.15 Bn |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | -319.00 Mn |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | -264.00 Mn |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | 287.31 Mn |
| 10 | NorthWestern Energy | 4.46 Bn | 4.45 Bn | 352.01 Mn | 117.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | -461.19 Mn |
| Dec 31, 2023 | -461.19 Mn |