KPIs & Operating Metrics(New)

NorthWestern Energy (NWE) Tax Rate (2022 - 2026)

NorthWestern Energy posted quarterly Tax Rate of 17.86% for Q1 2026, up 136.0% year-on-year from 7.57% in Q1 2025, and up 120.32% on a QoQ basis from 87.87% in Q4 2025.

NorthWestern Energy (NWE) has 5 years of Tax Rate data on file, last reported at 17.86% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 136.0% year-over-year to 17.86%; the trailing twelve-month figure through Mar 2026 stood at 2.93% (up 491.0% YoY), and the FY2025 full-year result was 3.45%, up 785.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 17.86%, up from 87.87% in the prior quarter.
  • Across five years, Tax Rate topped out at 18.69% in Q3 2025 and bottomed at 87.87% in Q4 2025.
  • The 5-year median for Tax Rate is 10.09% (2023), against an average of 1.47%.
  • Peak annual rise in Tax Rate reached 2595 bps in 2025, while the deepest fall reached 5295 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 4.55% in 2022, then tumbled by 88 bps to 8.55% in 2023, then slumped by 309 bps to 34.92% in 2024, then slumped by 152 bps to 87.87% in 2025, then surged by 120 bps to 17.86% in 2026.
  • The last three Tax Rate figures came in at 17.86% (Q1 2026), 87.87% (Q4 2025), and 18.69% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Fortis 645.09 Bn 644.83 Bn 1.70 Bn 16.62
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 56.77 Bn 60.97 Bn 4.03 Bn 5.15
4 Xcel Energy 47.77 Bn 45.88 Bn 3.35 Bn -9.23
5 Wec Energy 35.40 Bn 35.76 Bn 2.83 Bn 6.18
6 Ameren 29.12 Bn 29.24 Bn 1.69 Bn 14.35
7 Korea Electric Power 28.73 Bn 13.96 Bn - -
8 Energy Co Of Parana 27.30 Bn 26.65 Bn - -
9 Edison International 26.69 Bn 26.53 Bn 3.85 Bn 26.18
10 NorthWestern Energy 4.20 Bn 4.19 Bn 423.03 Mn 17.86

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 17.86
Mar 31, 2026 17.86
Dec 31, 2025 -87.87
Dec 31, 2025 -87.87
Sep 30, 2025 18.69
Sep 30, 2025 18.69
Jun 30, 2025 13.74
Jun 30, 2025 13.74
Mar 31, 2025 16.50
Mar 31, 2025 16.50
Dec 31, 2024 -34.92
Dec 31, 2024 -34.92
Sep 30, 2024 -7.26
Sep 30, 2024 -7.26
Jun 30, 2024 11.82
Jun 30, 2024 11.82
Mar 31, 2024 13.70
Mar 31, 2024 13.70
Dec 31, 2023 -8.55
Dec 31, 2023 -8.55
Sep 30, 2023 5.47
Sep 30, 2023 5.47
Jun 30, 2023 10.09
Jun 30, 2023 10.09
Mar 31, 2023 14.07
Mar 31, 2023 14.07
Dec 31, 2022 -4.55
Dec 31, 2022 -4.55
Sep 30, 2022 -0.92
Sep 30, 2022 -0.92