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| Date | Value |
|---|---|
| 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 |