NorthWestern Energy (NWE) Invested Capital (2021 - 2026)

NorthWestern Energy has reported Invested Capital for 6 years, with the latest figure 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.
• The five-year high for Invested Capital was $5.3 billion in Q4 2022, with the low at $2.5 billion in Q3 2022.
• Historically, Invested Capital has averaged $3.0 billion across 5 years, with a median of $2.9 billion in 2025.
• Annual changes were most pronounced in 2022 — Invested Capital soared 125.84% — and 2023, when it slumped 47.12%.
• NorthWestern Energy's Invested Capital stood at $5.3 billion in 2022, then tumbled by 47.12% to $2.8 billion in 2023, then gained by 2.47% to $2.9 billion in 2024, then rose by 0.85% to $2.9 billion in 2025, then grew 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.