KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Free Cash Flow (2022 - 2026)

NorthWestern Energy posted quarterly Free Cash Flow of $43.3 million for Q1 2026, down 68.91% year-on-year from $139.4 million in Q1 2025, and up 109.81% on a QoQ basis from -$441.6 million in Q4 2025.

NorthWestern Energy (NWE) has 5 years of Free Cash Flow data on file, last reported at $43.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow fell 68.91% year-over-year to $43.3 million; the trailing twelve-month figure through Mar 2026 stood at -$226.0 million (down 57.31% YoY), and the FY2025 full-year result was -$130.0 million, up 8.77% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $43.3 million, up from -$441.6 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $341.4 million in Q3 2024 and bottomed at -$491.0 million in Q4 2022.
  • The 5-year median for Free Cash Flow is $41.8 million (2025), against an average of -$57.0 million.
  • Peak annual rise in Free Cash Flow reached 234.72% in 2024, while the deepest fall reached 372.68% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at -$491.0 million in 2022, then surged by 80.16% to -$97.4 million in 2023, then sank by 372.68% to -$460.4 million in 2024, then increased by 4.09% to -$441.6 million in 2025, then soared by 109.81% to $43.3 million in 2026.
  • The last three Free Cash Flow figures came in at $43.3 million (Q1 2026), -$441.6 million (Q4 2025), and $132.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Fortis 645.09 Bn 644.83 Bn 1.70 Bn 1.10 Bn
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 56.77 Bn 60.97 Bn 4.03 Bn 875.00 Mn
4 Xcel Energy 47.77 Bn 45.88 Bn 3.35 Bn 382.00 Mn
5 Wec Energy 35.40 Bn 35.76 Bn 2.83 Bn 1.22 Bn
6 Ameren 29.12 Bn 29.24 Bn 1.69 Bn -1.15 Bn
7 Korea Electric Power 28.73 Bn 13.96 Bn - -
8 Energy Co Of Parana 27.30 Bn 26.65 Bn - -
9 Edison International 26.69 Bn 26.53 Bn 3.85 Bn -319.00 Mn
10 NorthWestern Energy 4.20 Bn 4.19 Bn 423.03 Mn 43.33 Mn

Historic Data

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DateValue
Mar 31, 2026 43.33 Mn
Mar 31, 2026 43.33 Mn
Dec 31, 2025 -441.61 Mn
Dec 31, 2025 -441.61 Mn
Sep 30, 2025 132.02 Mn
Sep 30, 2025 132.02 Mn
Jun 30, 2025 40.22 Mn
Jun 30, 2025 40.22 Mn
Mar 31, 2025 139.36 Mn
Mar 31, 2025 139.36 Mn
Dec 31, 2024 -460.44 Mn
Dec 31, 2024 -460.44 Mn
Sep 30, 2024 341.36 Mn
Sep 30, 2024 341.36 Mn
Jun 30, 2024 -163.97 Mn
Jun 30, 2024 -163.97 Mn
Mar 31, 2024 140.55 Mn
Mar 31, 2024 140.55 Mn
Dec 31, 2023 -97.41 Mn
Dec 31, 2023 -97.41 Mn
Sep 30, 2023 -253.38 Mn
Sep 30, 2023 -253.38 Mn
Jun 30, 2023 71.64 Mn
Jun 30, 2023 71.64 Mn
Mar 31, 2023 201.49 Mn
Mar 31, 2023 201.49 Mn
Dec 31, 2022 -490.98 Mn
Dec 31, 2022 -490.98 Mn