NorthWestern Energy (NWE) Interest Coverage Ratio (2022 - 2026)

NorthWestern Energy (NWE) reported Interest Coverage Ratio of 2.86 for Q1 2026, down 16.32% on a YoY basis from 3.42 in Q1 2025, and up 86.82% quarter-over-quarter from 1.53 in Q4 2025.

NorthWestern Energy (NWE) Interest Coverage Ratio (2022 - 2026) Analysis & Trends

NorthWestern Energy has reported Interest Coverage Ratio for 5 years, with the latest figure at 2.86 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 16.32% year-over-year to 2.86; the trailing twelve-month figure through Mar 2026 stood at 2.05 (down 18.7% YoY), and the FY2025 full-year result was 2.17, down 11.75% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.86, up from 1.53 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.5 in Q4 2023, with the low at 1.53 in Q4 2025.
  • Historically, Interest Coverage Ratio has averaged 2.46 across 5 years, with a median of 2.09 in 2025.
  • Annual changes were most pronounced in 2024 — Interest Coverage Ratio climbed 20.38% — and 2025, when it plunged 40.89%.
  • NorthWestern Energy's Interest Coverage Ratio stood at 3.08 in 2022, then grew by 13.67% to 3.5 in 2023, then retreated by 26.04% to 2.59 in 2024, then sank by 40.89% to 1.53 in 2025, then jumped by 86.82% to 2.86 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.86 (Q1 2026), 1.53 (Q4 2025), and 2.09 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Fortis 664.76 Bn 664.50 Bn 1.70 Bn 2.57
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 2.48
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 1.83
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 4.29
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 2.61
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -0.39
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 11.19
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 2.54
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 2.41
10 NorthWestern Energy 4.30 Bn 4.29 Bn 423.03 Mn 2.86

Historic Data

Download Data
DateValue
Mar 31, 2026 2.86
Dec 31, 2025 1.53
Sep 30, 2025 2.09
Jun 30, 2025 1.68
Mar 31, 2025 3.42
Dec 31, 2024 2.59
Sep 30, 2024 2.03
Jun 30, 2024 1.93
Mar 31, 2024 3.30
Dec 31, 2023 3.50
Sep 30, 2023 1.94
Jun 30, 2023 1.61
Mar 31, 2023 3.43
Dec 31, 2022 3.08
Sep 30, 2022 1.91