NorthWestern Energy (NWE) Total Debt (2022 - 2026)
NorthWestern Energy's (NWE) quarterly Total Debt came in at $3.5 billion in Q2 2026, up 13.18% YoY from $3.1 billion in Q2 2025, and up 6.45% on a QoQ basis from $3.3 billion in Q1 2026.
NorthWestern Energy (NWE) Total Debt (2022 - 2026) Analysis & Trends
NorthWestern Energy (NWE) has 5 years of Total Debt data on file, last reported at $3.5 billion in Q2 2026.
- Quarterly Total Debt rose 13.18% year-over-year to $3.5 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.5 billion (up 13.18% YoY) and the FY2025 annual result came in at $3.3 billion, up 1.09% from the prior year.
- Total Debt advanced to $3.5 billion in Q2 2026, from $3.3 billion in the prior quarter.
- In the past five years, Total Debt ranged from a high of $3.5 billion in Q2 2026 to a low of $2.5 billion in Q3 2023.
- A 5-year average of $3.0 billion and a median of $3.1 billion in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2024 — Total Debt climbed 14.24% — and 2025, when it increased 1.09%.
- Tracing NWE's Total Debt over 5 years: stood at $2.8 billion in 2022, then increased by 4.38% to $2.9 billion in 2023, then rose by 14.24% to $3.3 billion in 2024, then increased by 1.09% to $3.3 billion in 2025, then climbed by 6.34% to $3.5 billion in 2026.
- The last three Total Debt figures came in at $3.5 billion (Q2 2026), $3.3 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | 63.03 Bn |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 50.76 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 39.46 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 21.15 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 20.59 Bn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 25.98 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 44.68 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 28.48 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 14.41 Bn |
| 10 | NorthWestern Energy | 4.27 Bn | 4.27 Bn | 302.78 Mn | 3.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.54 Bn |
| Mar 31, 2026 | 3.33 Bn |
| Dec 31, 2025 | 3.33 Bn |
| Sep 30, 2025 | 3.15 Bn |
| Jun 30, 2025 | 3.09 Bn |
| Mar 31, 2025 | 3.13 Bn |
| Dec 31, 2024 | 3.10 Bn |
| Sep 30, 2024 | 2.87 Bn |
| Jun 30, 2024 | 2.67 Bn |
| Mar 31, 2024 | 2.77 Bn |
| Dec 31, 2023 | 2.78 Bn |
| Sep 30, 2023 | 2.54 Bn |
| Dec 31, 2022 | 2.76 Bn |