NorthWestern Energy (NWE) Interest Expenses (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Interest Expenses came in at $40.3 million in Q2 2026, up 11.25% YoY from $36.3 million in Q2 2025, and down 8.68% on a QoQ basis from $44.2 million in Q1 2026.
NorthWestern Energy (NWE) Interest Expenses (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Interest Expenses data on file, last reported at $40.3 million in Q2 2026.
- Quarterly Interest Expenses rose 11.25% year-over-year to $40.3 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $165.0 million (up 13.61% YoY) and the FY2025 annual result came in at $150.4 million, up 14.19% from the prior year.
- Interest Expenses eased to $40.3 million in Q2 2026, from $44.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $44.2 million in Q1 2026 to a low of $25.3 million in Q3 2022.
- A 5-year average of $34.5 million and a median of $34.8 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 50.6% — and 2024, when it retreated 3.92%.
- Tracing NWE's Interest Expenses over 5 years: stood at $27.0 million in 2022, then soared by 50.6% to $40.7 million in 2023, then slipped by 3.92% to $39.1 million in 2024, then climbed by 7.87% to $42.2 million in 2025, then declined by 4.4% to $40.3 million in 2026.
- The last three Interest Expenses figures came in at $40.3 million (Q2 2026), $44.2 million (Q1 2026), and $42.2 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 555.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 443.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 228.90 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 209.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 279.77 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 514.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 337.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 130.85 Mn |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | 40.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.33 Mn |
| Jun 30, 2026 | 40.33 Mn |
| Mar 31, 2026 | 44.17 Mn |
| Mar 31, 2026 | 44.17 Mn |
| Dec 31, 2025 | 39.23 Mn |
| Dec 31, 2025 | 39.23 Mn |
| Sep 30, 2025 | 38.36 Mn |
| Sep 30, 2025 | 38.36 Mn |
| Jun 30, 2025 | 36.25 Mn |
| Jun 30, 2025 | 36.25 Mn |
| Mar 31, 2025 | 36.51 Mn |
| Mar 31, 2025 | 36.51 Mn |
| Dec 31, 2024 | 35.42 Mn |
| Dec 31, 2024 | 35.42 Mn |
| Sep 30, 2024 | 33.40 Mn |
| Sep 30, 2024 | 33.40 Mn |
| Jun 30, 2024 | 31.88 Mn |
| Jun 30, 2024 | 31.88 Mn |
| Mar 31, 2024 | 30.98 Mn |
| Mar 31, 2024 | 30.98 Mn |