KPIs & Operating Metrics(New)

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

NorthWestern Energy posted quarterly Interest Coverage Ratio of 2.86 for Q1 2026, down 16.32% year-on-year from 3.42 in Q1 2025, and up 86.82% on a QoQ basis from 1.53 in Q4 2025.

NorthWestern Energy (NWE) has 5 years of Interest Coverage Ratio data on file, last reported 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.
  • Across five years, Interest Coverage Ratio topped out at 3.5 in Q4 2023 and bottomed at 1.53 in Q4 2025.
  • The 5-year median for Interest Coverage Ratio is 2.09 (2025), against an average of 2.46.
  • The widest annual swing landed in 2024, when Interest Coverage Ratio climbed 20.38%; it then slumped 40.89% in 2025.
  • A 5-year view of Interest Coverage Ratio shows it stood at 3.08 in 2022, then increased by 13.67% to 3.5 in 2023, then decreased by 26.04% to 2.59 in 2024, then plunged by 40.89% to 1.53 in 2025, then surged 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 645.09 Bn 644.83 Bn 1.70 Bn 2.57
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -16.76
3 Dominion Energy 56.77 Bn 60.97 Bn 4.03 Bn 2.48
4 Xcel Energy 47.77 Bn 45.88 Bn 3.35 Bn 1.83
5 Wec Energy 35.40 Bn 35.76 Bn 2.83 Bn 4.29
6 Ameren 29.12 Bn 29.24 Bn 1.69 Bn 2.61
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 11.19
10 NorthWestern Energy 4.20 Bn 4.19 Bn 423.03 Mn 2.86

Historic Data

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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