NorthWestern Energy (NWE) Interest Coverage Ratio (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Interest Coverage Ratio came in at 1.59 in Q2 2026, down 4.99% YoY from 1.68 in Q2 2025, and down 38.35% on a QoQ basis from 2.58 in Q1 2026.
NorthWestern Energy (NWE) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Interest Coverage Ratio data on file, last reported at 1.59 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 4.99% year-over-year to 1.59 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.93 (down 18.73% YoY) and the FY2025 annual result came in at 2.17, down 11.75% from the prior year.
- Interest Coverage Ratio eased to 1.59 in Q2 2026, from 2.58 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3.43 in Q1 2023 to a low of 1.42 in Q4 2025.
- A 5-year average of 2.31 and a median of 2.06 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio climbed 20.38% — and 2025, when it plunged 39.31%.
- Tracing NWE's Interest Coverage Ratio over 5 years: stood at 3.08 in 2022, then declined by 17.69% to 2.53 in 2023, then decreased by 7.49% to 2.34 in 2024, then sank by 39.31% to 1.42 in 2025, then rose by 11.96% to 1.59 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.59 (Q2 2026), 2.58 (Q1 2026), and 1.42 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 0.59 |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 1.59 |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 1.89 |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 2.20 |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 2.47 |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 2.12 |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 2.01 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 3.45 |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | 1.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.59 |
| Mar 31, 2026 | 2.58 |
| 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 | 2.06 |
| Sep 30, 2023 | 1.94 |
| Jun 30, 2023 | 1.61 |
| Mar 31, 2023 | 3.43 |
| Dec 31, 2022 | 2.11 |
| Sep 30, 2022 | 1.91 |