NorthWestern Energy Group, Inc. (NWE) Return on Capital Employed [ROCE] (2023 - 2026)
NorthWestern Energy (NWE) reported Return on Capital Employed [ROCE] of 3.95% for Q2 2026, down 0.60 percentage points from 4.55% a year earlier and down 0.09 percentage points from the prior quarter.
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NorthWestern Energy Group, Inc. (NWE) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2025, NorthWestern Energy posted Return on Capital Employed [ROCE] of 4.33%, down 0.29 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a three-year change of +0.23 percentage points (FY2022 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 4.62% in FY2024 (+0.28 pp), 4.34% in FY2023 (+0.25 pp) and 4.09% in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2023.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last five quarters, with an average year-over-year change of -0.04 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2024 (a gain of 0.67 percentage points); the low point was Q2 2026 (a drop of 0.60 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.05% (Q1 2026), 4.24% (Q4 2025) and 4.75% (Q3 2025).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.95% |
| Mar 31, 2026 | 4.05% |
| Dec 31, 2025 | 4.24% |
| Sep 30, 2025 | 4.75% |
| Jun 30, 2025 | 4.55% |
| Mar 31, 2025 | 4.52% |
| Dec 31, 2024 | 4.54% |
| Sep 30, 2024 | 4.80% |
| Jun 30, 2024 | 4.62% |
| Mar 31, 2024 | 4.27% |
| Dec 31, 2023 | 4.30% |
| Sep 30, 2023 | 4.13% |
API Access
NorthWestern Energy Group, Inc. Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();