NorthWestern Energy (NWE) Payout Ratio (2023 - 2026)
NorthWestern Energy's (NWE) Payout Ratio stood at 0.95 in Q2 2026, up 34.0% from 0.71 a year earlier but down 1.8% from the prior quarter.
Powered by 
Analysis
NorthWestern Energy (NWE) Payout Ratio (2023 - 2026) Analysis & Trends
For FY2025, NorthWestern Energy's Payout Ratio came in at 0.89, up 25.9% from FY2024.
- Across earlier years, Payout Ratio came in at 0.71 in FY2024 (-10.8%), 0.79 in FY2023 (+3.7%), 0.77 in FY2022 (+11.3%) and 0.69 in FY2021.
- Quarterly Payout Ratio has ranged from 0.67 in Q1 2025 to 0.97 in Q1 2026 over the past five years.
- On a year-over-year basis, Payout Ratio has increased for four consecutive quarters, with growth averaging 7.5% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 43.3% in Q1 2026, against a decline of 18.6% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.97 (Q1 2026), 0.89 (Q4 2025) and 0.74 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - |
| 10 | NorthWestern Energy | 4.23 Bn | 4.20 Bn | 302.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.95 |
| Mar 31, 2026 | 0.97 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 0.74 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.75 |
| Mar 31, 2024 | 0.79 |
| Dec 31, 2023 | 0.79 |
| Sep 30, 2023 | 0.86 |
API Access
NorthWestern Energy Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "NWE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();