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| Date | Value |
|---|---|
| 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 |