NorthWestern Energy (NWE) Shares Outstanding (2022 - 2026)
NorthWestern Energy (NWE) posted Shares Outstanding of 61.51 million for Q2 2026, up 0.2% from 61.38 million a year earlier and up 0.1% from the prior quarter.
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Analysis
NorthWestern Energy (NWE) Shares Outstanding (2022 - 2026) Analysis & Trends
For FY2025, NorthWestern Energy's Shares Outstanding came in at 61.38 million, up 0.1% from FY2024.
- Annual Shares Outstanding has increased for four consecutive years, with a four-year compound annual growth rate of 4.4% (FY2021 to FY2025).
- In prior years, NorthWestern Energy's Shares Outstanding was 61.29 million in FY2024 (+1.6%), 60.32 million in FY2023 (+8.2%), 55.77 million in FY2022 (+7.9%) and 51.71 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q3 2022.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 12 quarters, with growth averaging 0.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 0.1% (Q1 2025) to 8.2% (Q4 2023).
- According to Business Quant data, Shares Outstanding for the three prior quarters was 61.46 million (Q1 2026), 61.38 million (Q4 2025) and 61.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 69.17 Bn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 989.20 Mn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 879.50 Mn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 625.00 Mn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 325.80 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 276.80 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 503.50 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 168.35 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 196.00 Mn |
| 10 | NorthWestern Energy | 4.21 Bn | 4.18 Bn | 302.78 Mn | 61.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.51 Mn |
| Mar 31, 2026 | 61.46 Mn |
| Dec 31, 2025 | 61.38 Mn |
| Sep 30, 2025 | 61.40 Mn |
| Jun 30, 2025 | 61.38 Mn |
| Mar 31, 2025 | 61.34 Mn |
| Dec 31, 2024 | 61.29 Mn |
| Sep 30, 2024 | 61.30 Mn |
| Jun 30, 2024 | 61.29 Mn |
| Mar 31, 2024 | 61.27 Mn |
| Dec 31, 2023 | 60.32 Mn |
| Sep 30, 2023 | 60.44 Mn |
| Jun 30, 2023 | 59.80 Mn |
| Mar 31, 2023 | 59.78 Mn |
| Dec 31, 2022 | 55.77 Mn |
| Sep 30, 2022 | 56.31 Mn |
API Access
NorthWestern Energy Shares Outstanding 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=shares-outstanding&ticker=NWE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=NWE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();