NorthWestern Energy (NWE) Invested Capital (2021 - 2026)
NorthWestern Energy posted quarterly Invested Capital of $3.0 billion for Q1 2026, up 4.06% year-on-year from $2.9 billion in Q1 2025, and up 4.37% on a QoQ basis from $2.9 billion in Q4 2025.
NorthWestern Energy (NWE) has 6 years of Invested Capital data on file, last reported at $3.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 4.06% year-over-year to $3.0 billion; the trailing twelve-month figure through Mar 2026 stood at $3.0 billion (up 4.06% YoY), and the FY2025 full-year result was $2.9 billion, up 0.85% from the prior year.
- Invested Capital for Q1 2026 stood at $3.0 billion, up from $2.9 billion in the prior quarter.
- Across five years, Invested Capital topped out at $5.3 billion in Q4 2022 and bottomed at $2.5 billion in Q3 2022.
- The 5-year median for Invested Capital is $2.9 billion (2025), against an average of $3.0 billion.
- The widest annual swing landed in 2022, when Invested Capital soared 125.84%; it then plunged 47.12% in 2023.
- A 5-year view of Invested Capital shows it stood at $5.3 billion in 2022, then slumped by 47.12% to $2.8 billion in 2023, then advanced by 2.47% to $2.9 billion in 2024, then gained by 0.85% to $2.9 billion in 2025, then increased by 4.37% to $3.0 billion in 2026.
- The last three Invested Capital figures came in at $3.0 billion (Q1 2026), $2.9 billion (Q4 2025), and $3.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 645.09 Bn | 644.83 Bn | 1.70 Bn | 425.86 Mn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | - |
| 3 | Dominion Energy | 56.77 Bn | 60.97 Bn | 4.03 Bn | 37.27 Bn |
| 4 | Xcel Energy | 47.77 Bn | 45.88 Bn | 3.35 Bn | 59.36 Bn |
| 5 | Wec Energy | 35.40 Bn | 35.76 Bn | 2.83 Bn | 15.02 Bn |
| 6 | Ameren | 29.12 Bn | 29.24 Bn | 1.69 Bn | 14.73 Bn |
| 7 | Korea Electric Power | 28.73 Bn | 13.96 Bn | - | 132.72 Bn |
| 8 | Energy Co Of Parana | 27.30 Bn | 26.65 Bn | - | 9.17 Bn |
| 9 | Edison International | 26.69 Bn | 26.53 Bn | 3.85 Bn | 57.26 Bn |
| 10 | NorthWestern Energy | 4.20 Bn | 4.19 Bn | 423.03 Mn | 3.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.01 Bn |
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 2.98 Bn |
| Jun 30, 2025 | 2.94 Bn |
| Mar 31, 2025 | 2.90 Bn |
| Dec 31, 2024 | 2.86 Bn |
| Sep 30, 2024 | 3.12 Bn |
| Jun 30, 2024 | 3.03 Bn |
| Mar 31, 2024 | 2.81 Bn |
| Dec 31, 2023 | 2.79 Bn |
| Sep 30, 2023 | 2.74 Bn |
| Jun 30, 2023 | 2.69 Bn |
| Mar 31, 2023 | 2.69 Bn |
| Dec 31, 2022 | 5.28 Bn |
| Sep 30, 2022 | 2.54 Bn |
| Dec 31, 2021 | 2.34 Bn |