NWE - NASDAQ

Northwestern Energy Group Inc

NWE·NASDAQ

$69.61

+0.65%

UtilitiesDiversified Utilities

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,819 miles of electric transmission and 18,177 miles of electric distribution lines with approximately 400 transmission and distribution substations; and 2,166 miles of natural gas transmission and 4,945 miles of natural gas distribution lines with approximately 138 city gate stations in Montana. It also operates 1,308 miles of electric transmission and 2,320 miles of electric distribution lines in South Dakota; and 55 miles of natural gas transmission and 2,517 miles of natural gas distribution lines in South Dakota and Nebraska. The company serves approximately 753,600 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Corporation was incorporated in 1923 and is based in Sioux Falls, South Dakota.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$4.28B

EPS2.9500

P/E Ratio23.60

Earnings Date07/29/2026

8.46B

Assets

3Y+16.0%

5Y+32.0%

10Y+54.0%

5.57B

Total Liabilities

3Y+20.0%

5Y+29.0%

10Y+46.0%

2.89B

Total Equity

3Y+8.0%

5Y+39.0%

10Y+72.0%

Northwestern Energy Group Inc Funding & Solvency Profile

NWE · NASDAQ

Current Assets

Cash & Cash Equivalents8.78M

Net Receivables209.75M

Inventory132.51M

Other Current Assets152.90M

Total Current Assets504 M

Non-Current Assets

Property, Plant & Equipment6.74B

Goodwill & Intangible Assets367.63M

Long-Term Investments0.00

Other Non-Current Assets849.26M

Total Non-Current Assets8 B

Total Assets

8.46B

Financial Health Analysis

Current Ratio

0.72x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.93x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-193509000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

6% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Northwestern Energy Group Inc Balance Sheet

NWE • NASDAQ

Northwestern Energy Group Inc Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	8.8M	4.3M	9.2M	8.5M	2.8M	5.8M	5.1M	7.9M	8.5M	5.1M	12M	20.4M	16.6M	9.8M	5.9M	6.2M	4.3M	11.3M	12.8M	1.9M
Cash & Short-Term Investments	8.8M	4.3M	9.2M	8.5M	2.8M	5.8M	5.1M	7.9M	8.5M	5.1M	12M	20.4M	16.6M	9.8M	5.9M	6.2M	4.3M	11.3M	12.8M	1.9M
Net Receivables	209.8M	187.8M	212.3M	245M	198.7M	168.2M	167.4M	162.4M	182.3M	159.6M	154.4M	163.5M	174.9M	143.7M	147.2M	143.3M	143.8M	155.7M	143.5M	149.8M
Accounts Receivables	111M	187.8M	212.3M	245M	198.7M	168.2M	167.4M	162.4M	182.3M	159.6M	154.4M	163.5M	174.9M	143.7M	147.2M	143.3M	143.8M	155.7M	143.5M	149.8M
Other Receivables	98.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	132.5M	122.9M	114.5M	107.4M	80.6M	61M	53.9M	50.8M	52.4M	49.2M	53.5M	55.1M	55.6M	54.2M	59.5M	50.7M	47.3M	70.7M	63.6M	60.5M
Prepaids	0.0	0.0	25.4M	0.0	24.2M	17.4M	13.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.5M	2.7M	3.2M	2.4M
Other Current Assets	152.9M	103.2M	45.6M	178M	131.5M	56.3M	61.4M	56.6M	53.2M	66.4M	66.8M	112M	73.9M	95.5M	77.6M	102.8M	53.3M	73M	55.3M	53.8M
Total Current Assets	503.9M	418.2M	407M	538.8M	437.8M	308.7M	301.7M	277.7M	296.4M	280.2M	286.7M	350.9M	321M	303.1M	290.2M	303.1M	264.8M	313.4M	278.4M	268.5M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	6.7B	6.4B	6B	5.7B	5.2B	5B	4.7B	4.5B	4.4B	4.2B	4.1B	3.8B	2.7B	2.4B	2.2B	2.1B	2B	1.8B	1.8B	1.5B
Goodwill	367.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	435.1M
Goodwill & Intangible Assets	367.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	357.6M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	355.1M	435.1M
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	43M	13.6M	27.4M	15.7M	434.9M	302.7M	330.7M	302.3M	0.0	181.1M	232.4M	120.1M	19.1M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	394.6M	340.7M	575.6M	501.5M	20.8M	14.3M	37.1M	6.5M	0.0	1.2M	685K	3M	-3.9M
Other Non-Current Assets	849.3M	823.5M	796.3M	763.9M	737.8M	770.2M	723.2M	50.2M	54.4M	43.7M	57.7M	54.2M	32.1M	23.8M	43M	261.5M	28.7M	20.7M	20M	185.4M
Total Non-Current Assets	8B	7.6B	7.2B	6.8B	6.3B	6.1B	5.8B	5.4B	5.1B	5.2B	5B	4.6B	3.4B	3.2B	2.9B	2.7B	2.5B	2.4B	2.3B	2.1B
Total Assets	8.5B	8B	7.6B	7.3B	6.8B	6.4B	6.1B	5.6B	5.4B	5.5B	5.3B	5B	3.7B	3.5B	3.2B	3B	2.8B	2.8B	2.5B	2.4B
LIABILITIES
CURRENT LIABILITIES
Total Payables	220.6M	193.5M	124.3M	297.6M	201.4M	189.8M	96.7M	87M	85.2M	79.3M	74.5M	82M	93M	83.7M	76.7M	75M	92.9M	94.7M	91.6M	78.7M
Accounts Payable	129.6M	111.8M	124.3M	201.5M	115.2M	100.4M	96.7M	87M	85.2M	79.3M	74.5M	82M	93M	83.7M	76.7M	75M	92.9M	94.7M	91.6M	78.7M
Other Payables	91M	81.7M	0.0	96.1M	86.2M	89.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	106.6M	41.8M	84.2M	73.4M	61.5M	202M	216.8M	210M	205.4M	184M	206.9M	181.6M	192.5M	193.9M	203.9M	165.1M	215.4M	168.6M	180.3M
Short Term Debt	106.8M	400M	100M	144.5M	0.0	100M	0.0	2.3M	321.7M	302.8M	231.7M	269.6M	142.6M	124.5M	170.7M	7.9M	6.1M	229.2M	21M	7.7M
Capital Lease Obligations (Current)	1.9M	3.6M	3.3M	3.1M	2.9M	2.7M	2.5M	2.3M	2.1M	2M	1.8M	1.7M	1.7M	1.6M	1.4M	1.3M	1.2M	1.2M	2.4M	2.1M
Tax Payables	0.0	81.7M	79.3M	96.1M	86.2M	89.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	424K
Deferred Revenue	0.0	16.5M	27.7M	26.1M	29M	16M	0.0	216.8M	210M	205.4M	184M	206.9M	181.6M	192.5M	193.9M	203.9M	165.1M	215.4M	168.6M	0.0
Other Current Liabilities	368.2M	82M	237.8M	65.2M	72.9M	96.4M	33.1M	38.6M	13.2M	24.4M	79.2M	54.4M	44.7M	46.8M	33.2M	15.9M	29.6M	48M	38.2M	10.1M
Total Current Liabilities	697.5M	802.2M	534.9M	620.8M	379.6M	466.4M	334.3M	347M	632.2M	613.8M	571.2M	614.6M	463.6M	449.3M	476M	304M	295M	588.6M	321.8M	278.9M
NON-CURRENT LIABILITIES
Long Term Debt	3.2B	2.7B	2.7B	2.5B	2.5B	2.3B	2.2B	2.1B	1.8B	1.8B	1.8B	1.7B	1.2B	1.1B	905M	1.1B	981.3M	634M	787.4M	699M
Deferred Revenue (Non-Current)	138.3M	123.2M	107.5M	95.4M	80.8M	65.2M	56.9M	50.1M	45.4M	40.2M	36M	30M	27.4M	34.7M	266M	251.1M	238.3M	50M	45.2M	0.0
Deferred Tax Liabilities (Non-Current)	733.1M	663.4M	600.5M	539M	499.6M	471.8M	448M	394.6M	340.7M	575.6M	501.5M	446.6M	395.3M	363.9M	282.4M	232.7M	161.2M	114.7M	74M	113.4M
Other Non-Current Liabilities	824.1M	853.7M	882.4M	914.2M	927.3M	976.9M	954.5M	788M	788M	775.8M	775.2M	744.7M	640.7M	651.7M	655M	334.7M	296.7M	624.4M	503.1M	521.5M
Total Non-Current Liabilities	4.9B	4.3B	4.3B	4B	4.1B	3.8B	3.7B	3.4B	3B	3.2B	3.1B	2.9B	2.2B	2.1B	1.9B	1.9B	1.7B	1.4B	1.4B	852.8M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	521.5M
Capital Lease Obligations	1.9M	5.5M	8.8M	11.9M	14.8M	17.4M	19.9M	22.2M	24.3M	26.3M	28.2M	29.9M	31.6M	33.2M	34.3M	35.6M	36.8M	38M	40.4M	40.4M
Total Liabilities	5.6B	5.1B	4.8B	4.7B	4.4B	4.3B	4B	3.7B	3.6B	3.8B	3.7B	3.5B	2.7B	2.6B	2.4B	2.2B	2B	2B	1.7B	1.7B
SHAREHOLDERS' EQUITY
Treasury Stock	-97.5M	-97.4M	-97.9M	-98.4M	-98.2M	-98.1M	-96M	-95.5M	-96.4M	-95.8M	-93.9M	-92.6M	-91.7M	-90.7M	-90.3M	-90.4M	-90.2M	-89.5M	-10.8M	-9.9M
Common Stock	649K	648K	648K	633K	576K	541K	541K	539K	530K	520K	518K	505K	423K	408K	398K	398K	395K	395K	393K	360K
Additional Paid-In Capital	2.1B	2.1B	2.1B	2B	1.7B	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B	1.3B	910.2M	849.2M	816.7M	813.9M	807.5M	805.9M	803.1M	741.4M
Retained Earnings	896.7M	877M	811.5M	771.4M	728.5M	670.1M	635.2M	548.3M	458.4M	396.9M	325.9M	264.8M	209.1M	172.8M	128.6M	88M	59.6M	34.4M	16.6M	10.7M
Accumulated Other Comprehensive Income/Loss	-6.1M	-6.7M	-7.7M	-7.8M	-7.3M	-7.3M	-9.6M	-9.9M	-8.8M	-9.7M	-8.6M	-8.8M	2.7M	2.3M	3.7M	8.5M	9.7M	12.4M	13.7M	205K
Total Stockholders' Equity	2.9B	2.9B	2.8B	2.7B	2.3B	2.1B	2B	1.9B	1.8B	1.7B	1.6B	1.5B	1B	934M	859.1M	820.3M	787M	763.5M	823M	742.8M
Total Equity	2.9B	2.9B	2.8B	2.7B	2.3B	2.1B	2B	1.9B	1.8B	1.7B	1.6B	1.5B	1B	934M	859.1M	820.3M	787M	763.5M	823M	742.8M
SUMMARY
Total Liabilities & Equity	8.5B	8B	7.6B	7.3B	6.8B	6.4B	6.1B	5.6B	5.4B	5.5B	5.3B	5B	3.7B	3.5B	3.2B	3B	2.8B	2.8B	2.5B	2.4B
Total Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	43M	13.6M	27.4M	15.7M	434.9M	302.7M	330.7M	302.3M	0.0	181.1M	232.4M	120.1M	19.1M
Total Debt	3.3B	3.1B	2.8B	2.6B	2.6B	2.4B	2.3B	2.1B	2.1B	2.1B	2B	2B	1.3B	1.2B	1.1B	1.1B	1B	900M	846.4M	747.1M
Net Debt	3.3B	3.1B	2.8B	2.6B	2.6B	2.4B	2.2B	2.1B	2.1B	2.1B	2B	1.9B	1.3B	1.2B	1.1B	1.1B	1B	888.8M	833.6M	745.2M
Shares Outstanding	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029	61,407,029

SEC Filings

NWE - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	May 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 27, 2026	May 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 18, 2026	May 18, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	April 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 29, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 03, 2026	April 02, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 12, 2026	April 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 11, 2026	2026	View Filing

Showing 1 to 10 of 68 filings

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