NorthWestern Energy (NWE) Invested Capital (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Invested Capital came in at $100.0 million in Q2 2026, little changed YoY from $100.0 million in Q2 2025, and down 33.33% on a QoQ basis from $150.0 million in Q1 2026.
NorthWestern Energy (NWE) Invested Capital (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Invested Capital data on file, last reported at $100.0 million in Q2 2026.
- Quarterly Invested Capital changed 0.0% year-over-year to $100.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $401.9 million (down 0.87% YoY) and the FY2025 annual result came in at $1.9 million, down 65.85% from the prior year.
- Invested Capital fell to $100.0 million in Q2 2026, from $150.0 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $299.9 million in Q3 2024 to a low of $1.9 million in Q4 2025.
- A 5-year average of $105.3 million and a median of $100.0 million in 2025 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2025 — Invested Capital tumbled 65.85% — and 2026, when it changed 0.0%.
- Tracing NWE's Invested Capital over 5 years: stood at $11.9 million in 2022, then fell by 26.04% to $8.8 million in 2023, then plunged by 37.94% to $5.5 million in 2024, then sank by 65.85% to $1.9 million in 2025, then soared by 5261.93% to $100.0 million in 2026.
- The last three Invested Capital figures came in at $100.0 million (Q2 2026), $150.0 million (Q1 2026), and $1.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | 63.03 Bn |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 4.04 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 1.33 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 43.50 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 1.52 Bn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 2.45 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 3.80 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 1.38 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 307.24 Mn |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | 100.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 100.00 Mn |
| 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 |