NWE - NASDAQ
Northwestern Energy Group Inc
$69.61
+0.65%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.
At a Glance
Live SnapshotNorthwestern Energy Group Inc Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.
Working Capital Impact
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Northwestern Energy Group Inc Cash Flow Statement
NWE • NASDAQ
| Northwestern Energy Group Inc Cash Flow Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
181.1M | 224.1M | 194.1M | 183M | 186.8M | 155.2M | 202.1M | 197M | 162.7M | 164.2M | 151.2M | 120.7M | 94M | 98.4M | 92.6M | 77.4M | 73.4M | 67.6M | 53.2M | 37.9M | |
4.4M | 227.6M | 210.5M | 5.3M | 187.4M | 0.0 | 5.9M | 4.6M | 4.8M | 2.1M | 2.3M | 5M | 112.8M | 106M | 100.9M | 91.8M | 89M | 85.1M | 82.4M | 75.3M | |
7.1M | -9M | 6.6M | -9M | 525K | -7.6M | -13.9M | -13.2M | 12.4M | -8.2M | 33.9M | -9.6M | 54.6M | 51.9M | 64.1M | 48.8M | 47M | 42.6M | 35M | 26.7M | |
7M | 4.7M | 5.2M | 5.5M | 5.4M | 4.1M | 8M | 7.7M | 5.6M | 6.7M | 5.1M | 5.4M | 6M | 3.7M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
270.5M | -9.9M | -12.2M | 181.3M | -5.8M | 177.7M | 165.8M | 170.4M | 160M | 154.7M | 136M | -1.5M | -3M | -52.4M | 90.7M | -6.6M | -2.1M | -641K | -508K | 13.9M | |
(0.0) | (0.0) | (0.0) | (4.7M) | (4.3M) | (115K) | (0.0) | (55K) | (60K) | (0.0) | (0.0) | (35K) | (50K) | (2.9M) | (0.0) | (2M) | (0.0) | (0.0) | (0.0) | (252K) | |
-75.6M | -30.9M | 85M | -58.9M | -154.3M | 22.7M | -71.2M | 15.5M | -21.8M | -30.6M | 11.4M | 14.8M | -66.4M | 20.8M | -25.9M | 4.1M | -94.1M | -1.6M | 35.7M | 12.9M | |
394.5M | 406.7M | 489.2M | 307.2M | 220M | 352.1M | 296.7M | 382M | 323.6M | 289M | 339.8M | 250M | 193.7M | 251.2M | 233.8M | 218.9M | 116.8M | 198.3M | 202M | 169.9M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-524.5M | -549.2M | -566.9M | -515.1M | -434.3M | -405.8M | -316M | -284M | -276.4M | -287.9M | -283.7M | -270.4M | -230.5M | -219.2M | -188.7M | -228.4M | -189.4M | -124.6M | -117.1M | -101M | |
-35.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -100K | -18.5M | (379K) | (1.4M) | -146.7M | -903.6M | -68.7M | (0.0) | (0.0) | -12.4M | (0.0) | (0.0) | -141.3M | (0.0) | |
-10.2M | (0.0) | -3.9M | -1.7M | -1.5M | -42K | -135K | -2.5M | (0.0) | (0.0) | (0.0) | -18.2M | (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 | 135K | 0.0 | 0.0 | 0.0 | 16.1M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
0.0 | -5.2M | 0.0 | -1.7M | -1.5M | 0.0 | -100K | 71K | 379K | 1.4M | 46.3M | -14.8M | -64.9M | -103M | 209K | 69K | 326K | 200K | 1.8M | 32.4M | |
-570.6M | -554.5M | -570.8M | -516.9M | -435.8M | -405.8M | -316.2M | -304.9M | -276.1M | -286.5M | -384.1M | -1.2B | -295.4M | -322.2M | -188.5M | -240.7M | -189M | -124.4M | -256.5M | -68.7M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
709K | 1.2M | 74.7M | 277.6M | 197M | -1.4M | 1.4M | 47M | 54.8M | -561K | -664K | 398.4M | -1M | 28M | 153K | -185K | -741K | -78.7M | -896K | -4.3M | |
343.1M | 310M | 168M | 77M | 150M | 183M | 131M | -11.6M | 18.7M | 87M | 82M | 632.6M | 117.9M | 102.1M | 7.3M | 80.8M | 125M | 54.6M | 46.5M | -37.5M | |
-161.4M | -158.6M | -154.1M | -140.1M | -128.5M | -120.4M | -115.1M | -109.2M | -101.3M | -95.8M | -90.1M | -65M | -57.7M | -54.2M | -51.9M | -49M | -48.2M | -49.8M | -47.3M | -44.1M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -1.4M | (0.0) | (0.0) | (0.0) | -561K | -664K | -814K | -1M | -429K | (0.0) | -185K | -741K | -78.7M | -896K | -4.3M | |
-4.5M | -1.1M | -4.3M | -1.2M | -909K | -2.6M | -1.1M | -91K | -16.4M | 0.0 | 44.6M | -5.2M | 49.2M | -943K | -1.1M | -8M | -10.8M | -1.6M | 67.1M | -16.1M | |
177.9M | 151.6M | 84.3M | 213.3M | 217.5M | 58.7M | 16.2M | -73.8M | -44.2M | -9.4M | 35.9M | 960.7M | 108.4M | 74.9M | -45.5M | 23.6M | 65.3M | -75.4M | 65.4M | -102M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 100K | 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 | |
1.7M | 3.8M | 2.7M | 3.7M | 1.7M | 5M | -3.2M | 3.3M | 3.4M | -6.9M | -8.4M | 3.8M | 6.7M | 3.9M | -306K | 1.9M | -6.9M | -1.5M | 10.8M | -761K | |
29M | 25.2M | 22.5M | 18.8M | 17.1M | 12.1M | 15.3M | 12M | 5.1M | 12M | 20.4M | 16.6M | 9.8M | 5.9M | 6.2M | 4.3M | 11.3M | 12.8M | 1.9M | 2.7M | |
30.7M | 29M | 25.2M | 22.5M | 18.8M | 17.1M | 12.1M | 15.3M | 8.5M | 5.1M | 12M | 20.4M | 16.6M | 9.8M | 5.9M | 6.2M | 4.3M | 11.3M | 12.8M | 1.9M | |
-130M | -142.5M | -77.7M | -207.9M | -214.4M | -53.6M | -19.3M | 98M | 47.2M | 1.1M | 56.1M | -20.3M | -36.7M | 32M | 45M | -9.5M | -72.6M | 73.8M | 84.9M | 68.9M |
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 | |
8-K 8-K 2026 N/A | June 02, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 27, 2026 | May 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 18, 2026 | May 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 29, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 03, 2026 | April 02, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 12, 2026 | April 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 17, 2026 | February 11, 2026 | 2026 |
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