NorthWestern Energy (NWE) Return on Assets [ROA] (2023 - 2026)
NorthWestern Energy's Return on Assets [ROA] came in at 1.98% for Q2 2026, down 0.80 percentage points from 2.78% a year earlier but up 0.02 percentage points from the prior quarter.
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Analysis
NorthWestern Energy (NWE) Return on Assets [ROA] (2023 - 2026) Analysis & Trends
For FY2025, NorthWestern Energy's Return on Assets [ROA] was 2.20%, down 0.67 percentage points from FY2024.
- Return on Assets [ROA] carries a three-year change of -0.40 percentage points (FY2022 to FY2025).
- Going back by year, Return on Assets [ROA] was 2.87% in FY2024 (+0.27 pp), 2.60% in FY2023 (+0.01 pp) and 2.60% in FY2022.
- The five-year range for quarterly Return on Assets [ROA] is 1.97% (Q1 2026) to 2.93% (Q1 2025).
- Year-over-year, Return on Assets [ROA] has declined for four consecutive quarters, with an average year-over-year change of -0.19 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q3 2024 (a gain of 0.50 percentage points), and the weakest in Q1 2026 (a drop of 0.96 percentage points).
- Business Quant data shows NWE's Return on Assets [ROA] at 1.97% (Q1 2026), 2.16% (Q4 2025) and 2.64% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 172.18 Bn | 170.30 Bn | - | 4.09% |
| 2 | Southern | 106.86 Bn | 97.91 Bn | 5.92 Bn | 2.87% |
| 3 | Duke Energy | 97.23 Bn | 95.83 Bn | 6.74 Bn | 2.66% |
| 4 | National Grid | 85.13 Bn | 57.46 Bn | - | - |
| 5 | American Electric Power | 70.60 Bn | 68.98 Bn | 3.84 Bn | 2.66% |
| 6 | Dominion Energy | 57.38 Bn | 60.06 Bn | - | 2.08% |
| 7 | Sempra | 54.97 Bn | 54.10 Bn | 2.89 Bn | 2.38% |
| 8 | Entergy | 50.09 Bn | 39.27 Bn | - | 2.35% |
| 9 | Xcel Energy | 48.73 Bn | 43.64 Bn | - | 2.60% |
| 10 | NorthWestern Energy | 4.77 Bn | 4.75 Bn | 302.78 Mn | 1.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98% |
| Mar 31, 2026 | 1.97% |
| Dec 31, 2025 | 2.16% |
| Sep 30, 2025 | 2.64% |
| Jun 30, 2025 | 2.78% |
| Mar 31, 2025 | 2.93% |
| Dec 31, 2024 | 2.83% |
| Sep 30, 2024 | 2.91% |
| Jun 30, 2024 | 2.73% |
| Mar 31, 2024 | 2.58% |
| Dec 31, 2023 | 2.58% |
| Sep 30, 2023 | 2.41% |
| Jun 30, 2023 | 2.41% |
API Access
NorthWestern Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();