NWE · XBRL financial data
NorthWestern Energy Group financial statements, every fiscal year
The same tables from 3 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (NWE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue | 1,422 | 1,514 | 1,611 |
| General and administrative | 117 | 137 | 158 |
| Operating income (loss) | 300 | 323 | 326 |
| Other income (expense) | 16 | 23 | 12 |
| Income tax expense (benefit) | 8 | (9) | 6 |
| Net income (loss) | 194 | 224 | 181 |
| Earnings per share, basic USD per share | 3.22 | 3.66 | 2.95 |
| Earnings per share, diluted USD per share | 3.22 | 3.65 | 2.94 |
| Weighted average shares, basic millions of shares | 60 | 61 | 61 |
| Weighted average shares, diluted millions of shares | 60 | 61 | 62 |
Balance sheet
CSVFiscal years (NWE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 9 | 4 | 9 |
| Accounts receivable | 212 | 188 | 210 |
| Inventory | 115 | 123 | 133 |
| Total current assets | 407 | 418 | 504 |
| Property and equipment, net | 6,040 | 6,398 | 6,739 |
| Goodwill | 358 | 358 | 368 |
| Total assets | 7,601 | 7,998 | 8,460 |
| Accounts payable | 124 | 112 | 130 |
| Accrued liabilities | 246 | 255 | 272 |
| Current portion of long-term debt | 100 | 300 | 105 |
| Total current liabilities | 535 | 802 | 697 |
| Long-term debt | 2,685 | 2,695 | 3,181 |
| Total liabilities | 4,815 | 5,140 | 5,574 |
| Retained earnings | 811 | 877 | 897 |
| Total stockholders' equity | 2,785 | 2,858 | 2,886 |
| Total liabilities and equity | 7,601 | 7,998 | 8,460 |
| Common shares outstanding (cover page) millions of shares | 61 | 61 | 61 |
Cash flows
CSVFiscal years (NWE's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | 194 | 224 | 181 |
| Stock-based compensation | 5 | 5 | 7 |
| Depreciation and amortization | 210 | 228 | 250 |
| Net cash from operating activities | 489 | 407 | 394 |
| Purchases of property and equipment | 567 | 549 | 524 |
| Net cash from investing activities | (571) | (554) | (571) |
| Proceeds from issuing common stock | 74 | 0 | 0 |
| Dividends paid | 154 | 159 | 161 |
| Proceeds from long-term debt | 300 | 215 | 602 |
| Net cash from financing activities | 84 | 152 | 178 |
Compare with peers
SIC 4931 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4931 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| NorthWestern Energy Group | 4.2 | 393 | 74* | 61.5M | 10-QJun 30, 2026 |
| Avista | 25 | 413 | 122* | 83.8M | 10-QJun 30, 2026 |
| Allete | 79 | 375 | 103* | 58.1M | 10-QSep 30, 2025 |
| Public Service Co of New Mexico | 29 | 733 | not reported | 110.1M | 10-QSep 30, 2026 |
| UGI | 476 | 1,331 | 242* | 214.5M | 10-QJun 30, 2026 |
| Via Renewables | 51 | 159 | 9.4 | not reported | 10-QMar 31, 2026 |
| Evergy Kansas Central | 22 | 1,500 | not reported | 230.6M | 10-QJun 30, 2026 |
| Unitil | 13 | 113 | 35* | 18.6M | 10-QSep 30, 2026 |
| Alliant Energy | 26 | 1,285 | not reported | 259.4M | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.