NorthWestern Energy (NWE) Operating Margin (2022 - 2026)
NorthWestern Energy filings provide 5 years of Operating Margin readings, the most recent being 22.93% for Q1 2026.
- On a quarterly basis, Operating Margin fell 380.0% to 22.93% in Q1 2026 year-over-year; TTM through Mar 2026 was 19.2%, a 378.0% decrease, with the full-year FY2025 number at 20.23%, down 113.0% from a year prior.
- Operating Margin hit 22.93% in Q1 2026 for NorthWestern Energy, up from 14.49% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.98% in Q4 2023 to a low of 14.41% in Q3 2022.
- Median Operating Margin over the past 5 years was 19.68% (2024), compared with a mean of 20.31%.
- Biggest five-year swings in Operating Margin: soared 941bps in 2023 and later tumbled -1006bps in 2025.
- NorthWestern Energy's Operating Margin stood at 19.57% in 2022, then skyrocketed by 48bps to 28.98% in 2023, then decreased by -15bps to 24.55% in 2024, then plummeted by -41bps to 14.49% in 2025, then soared by 58bps to 22.93% in 2026.
- The last three reported values for Operating Margin were 22.93% (Q1 2026), 14.49% (Q4 2025), and 20.75% (Q3 2025) per Business Quant data.