KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Invested Capital (2021 - 2025)

NorthWestern Energy's Invested Capital history spans 5 years, with the latest figure at $6.2 billion for Q4 2025.

  • For Q4 2025, Invested Capital rose 115.56% year-over-year to $6.2 billion; the TTM value through Dec 2025 reached $6.2 billion, up 115.56%, while the annual FY2025 figure was $6.2 billion, 115.56% up from the prior year.
  • Invested Capital reached $6.2 billion in Q4 2025 per NWE's latest filing, up from $3.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $6.2 billion in Q4 2025 to a low of $2.3 billion in Q4 2021.
  • Average Invested Capital over 5 years is $3.4 billion, with a median of $2.9 billion recorded in 2025.
  • Peak YoY movement for Invested Capital: skyrocketed 125.84% in 2022, then crashed 48.6% in 2024.
  • A 5-year view of Invested Capital shows it stood at $2.3 billion in 2021, then soared by 125.84% to $5.3 billion in 2022, then grew by 5.41% to $5.6 billion in 2023, then crashed by 48.6% to $2.9 billion in 2024, then soared by 115.56% to $6.2 billion in 2025.
  • Per Business Quant, the three most recent readings for NWE's Invested Capital are $6.2 billion (Q4 2025), $3.0 billion (Q3 2025), and $3.0 billion (Q2 2025).