NorthWestern Energy (NWE) Invested Capital (2022 - 2026)

NorthWestern Energy (NWE) posted Invested Capital of $150.0 million for Q1 2026, up 7942.9% on a QoQ basis from $1.9 million in Q4 2025.

NorthWestern Energy (NWE) Invested Capital (2022 - 2026) Analysis & Trends

NorthWestern Energy's Invested Capital history runs 5 years deep, the most recent figure standing at $150.0 million for Q1 2026.

  • Quarterly Invested Capital changed N/A year-over-year to $150.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $316.8 million (down 21.86% YoY) and the FY2025 annual result came in at $1.9 million, down 65.85% from the prior year.
  • Invested Capital was $150.0 million for Q1 2026 at NorthWestern Energy, up from $1.9 million in the prior quarter.
  • Across five years, Invested Capital topped out at $299.9 million in Q3 2024 and bottomed at $1.9 million in Q4 2025.
  • A 5-year average of $82.5 million and a median of $60.0 million in 2025 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2023 — Invested Capital decreased 26.04% — and 2025, when it slumped 65.85%.
  • NorthWestern Energy's Invested Capital stood at $11.9 million in 2022, then decreased by 26.04% to $8.8 million in 2023, then slumped by 37.94% to $5.5 million in 2024, then tumbled by 65.85% to $1.9 million in 2025, then surged by 7942.9% to $150.0 million in 2026.
  • Business Quant data shows NWE's Invested Capital at $150.0 million in Q1 2026, $1.9 million in Q4 2025, and $105.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 2.69 Bn
2 Dominion Energy 62.80 Bn 67.01 Bn - -
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 1.34 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 2.05 Bn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - 4.88 Bn
6 Ameren 31.32 Bn 31.43 Bn - 1.12 Bn
7 Edison International 30.65 Bn 30.49 Bn - 2.39 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 1.31 Bn
9 Hydro One 25.14 Bn 25.13 Bn - 309.91 Mn
10 NorthWestern Energy 4.46 Bn 4.45 Bn 352.01 Mn 150.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 150.00 Mn
Dec 31, 2025 1.87 Mn
Sep 30, 2025 104.95 Mn
Jun 30, 2025 59.96 Mn
Dec 31, 2024 5.46 Mn
Sep 30, 2024 299.92 Mn
Jun 30, 2024 100.00 Mn
Dec 31, 2023 8.80 Mn
Dec 31, 2022 11.90 Mn