NorthWestern Energy (NWE) Share-based Compensation (2022 - 2026)
NorthWestern Energy's Share-based Compensation came in at $2.04 million for Q2 2026, up 8.4% from $1.88 million a year earlier but down 0.1% from the prior quarter.
NorthWestern Energy (NWE) Share-based Compensation (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NorthWestern Energy reported Share-based Compensation of $6.91 million, up 35.6% year-over-year; for FY2025, it came in at $6.99 million, up 48.0% from FY2024.
- Share-based Compensation carries a four-year compound annual growth rate of 6.9% (FY2021 to FY2025).
- Going back by year, Share-based Compensation was $4.72 million in FY2024 (-8.8%), $5.18 million in FY2023 (-5.7%), $5.49 million in FY2022 (+2.6%) and $5.35 million in FY2021.
- The five-year range for quarterly Share-based Compensation is -$570,000 (Q4 2024) to $3.31 million (Q1 2023).
- Year-over-year, Share-based Compensation increased in five of the last six quarters, with growth averaging 89.8%.
- The fastest year-over-year change in Share-based Compensation over five years came in Q3 2024 (growth of 495.2%), and the weakest in Q4 2023 (a decline of 95.1%).
- Business Quant data shows NWE's Share-based Compensation at $2.05 million (Q1 2026), $933,000 (Q4 2025) and $1.88 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | -84.00 Mn |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | - |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 12.00 Mn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | - |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 8.00 Mn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | - |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | - |
| 10 | NorthWestern Energy | 4.19 Bn | 4.16 Bn | 302.78 Mn | 2.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.04 Mn |
| Mar 31, 2026 | 2.05 Mn |
| Dec 31, 2025 | 933,000.00 |
| Sep 30, 2025 | 1.88 Mn |
| Jun 30, 2025 | 1.88 Mn |
| Mar 31, 2025 | 2.28 Mn |
| Dec 31, 2024 | -570,000.00 |
| Sep 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | 1.75 Mn |
| Mar 31, 2024 | 2.05 Mn |
| Dec 31, 2023 | 57,000.00 |
| Sep 30, 2023 | 251,000.00 |
| Jun 30, 2023 | 1.56 Mn |
| Mar 31, 2023 | 3.31 Mn |
| Dec 31, 2022 | 1.16 Mn |
NorthWestern Energy Share-based Compensation 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=share-based-compensation&ticker=NWE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();