KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Net Margin (2022 - 2026)

NorthWestern Energy filings provide 5 years of Net Margin readings, the most recent being 12.75% for Q1 2026.

  • On a quarterly basis, Net Margin fell 374.0% to 12.75% in Q1 2026 year-over-year; TTM through Mar 2026 was 10.21%, a 547.0% decrease, with the full-year FY2025 number at 11.24%, down 356.0% from a year prior.
  • Net Margin hit 12.75% in Q1 2026 for NorthWestern Energy, up from 10.79% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 23.35% in Q4 2023 to a low of 6.19% in Q2 2025.
  • Median Net Margin over the past 5 years was 12.75% (2026), compared with a mean of 12.77%.
  • Biggest five-year swings in Net Margin: skyrocketed 766bps in 2023 and later tumbled -1078bps in 2025.
  • NorthWestern Energy's Net Margin stood at 15.69% in 2022, then surged by 49bps to 23.35% in 2023, then fell by -8bps to 21.57% in 2024, then plummeted by -50bps to 10.79% in 2025, then grew by 18bps to 12.75% in 2026.
  • The last three reported values for Net Margin were 12.75% (Q1 2026), 10.79% (Q4 2025), and 9.88% (Q3 2025) per Business Quant data.