Northwest Natural Holding (NWN) Operating Margin (2009 - 2026)
Northwest Natural Holding's Operating Margin was 13.61% in Q2 2026, up 2.09 percentage points from 11.52% a year earlier but down 19.60 percentage points from the prior quarter.
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Analysis
Northwest Natural Holding (NWN) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northwest Natural Holding's Operating Margin was 22.85% through Jun 30, 2026, up 2.88 percentage points year-over-year; for FY2025, it was 21.79%, up 5.21 percentage points from FY2024.
- Operating Margin shows a five-year change of +2.61 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 16.58% in FY2024 (+1.13 pp), 15.44% in FY2023 (-0.70 pp), 16.14% in FY2022 (-2.81 pp) and 18.96% in FY2021 (-0.22 pp).
- Quarterly Operating Margin has moved between -14.19% (Q3 2021) and 33.21% (Q1 2026) over five years.
- Compared with a year earlier, Operating Margin has increased for seven straight quarters, with an average year-over-year change of +3.27 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2025 (a gain of 6.58 percentage points); the worst was Q1 2022 (a drop of 4.96 percentage points).
- Per Business Quant data, NWN's Operating Margin in the three quarters before Q2 2026 was 33.21% (Q1 2026), 28.35% (Q4 2025) and -7.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 30.20% |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 29.71% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 25.46% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 29.69% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 22.90% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 7.34% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 23.72% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 24.13% |
| 10 | Northwest Natural Holding | 1.99 Bn | 1.87 Bn | - | 13.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.61% |
| Mar 31, 2026 | 33.21% |
| Dec 31, 2025 | 28.35% |
| Sep 30, 2025 | -7.54% |
| Jun 30, 2025 | 11.52% |
| Mar 31, 2025 | 31.23% |
| Dec 31, 2024 | 22.90% |
| Sep 30, 2024 | -14.12% |
| Jun 30, 2024 | 7.42% |
| Mar 31, 2024 | 25.34% |
| Dec 31, 2023 | 21.13% |
| Sep 30, 2023 | -12.42% |
| Jun 30, 2023 | 5.82% |
| Mar 31, 2023 | 24.55% |
| Dec 31, 2022 | 21.65% |
| Sep 30, 2022 | -12.78% |
| Jun 30, 2022 | 6.94% |
| Mar 31, 2022 | 25.02% |
| Dec 31, 2021 | 23.86% |
| Sep 30, 2021 | -14.19% |
API Access
Northwest Natural Holding Operating Margin 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=operating-margin&ticker=NWN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NWN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NWN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();