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NorthWestern Energy Group, Inc. NWE Montana — Allowance for funds used during construction, rate

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Other financials

Income statement

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Revenue$497.6M+6.6%
Operating income$114.1M-8.5%
Net income$63.5M-17.5%
EPS (diluted)$1.03-17.6%

Balance sheet

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Cash & equivalents$27.6M-65.5%
Total debt$3.3B+6.5%
Total equity$2.9B+0.4%
Total assets$8.6B+5.9%

Cash flow

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Operating cash flow$159.4M+3.9%
CapEx$116.1M+26.0%
Free cash flow$43.3M-29.3%

Valuation

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Market cap$4.36B+14.3%

Profitability

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Operating margin19.2%-3.8pp
Net margin10.2%-5.5pp
FCF margin-9%+0.1pp

Returns & leverage

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Return on equity5.8%-2.5pp
Debt / equity1.1×+0.1×
Current ratio0.7×-0.5×

Where this comes from

Reported directly by NorthWestern Energy Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionRate.

The official record: NorthWestern Energy Group, Inc.’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NorthWestern Energy Group, Inc.'s montana — allowance for funds used during construction, rate?
NorthWestern Energy Group, Inc. (NWE) reported montana — allowance for funds used during construction, rate of 1.8% in Q4 2025.
How has NorthWestern Energy Group, Inc.'s montana — allowance for funds used during construction, rate changed year-over-year?
NorthWestern Energy Group, Inc.'s montana — allowance for funds used during construction, rate increased by 2.9% year-over-year, from 1.8% to 1.8%.
What is the long-term trend for NorthWestern Energy Group, Inc.'s montana — allowance for funds used during construction, rate?
Over 4 years (2021 to 2025), NorthWestern Energy Group, Inc.'s montana — allowance for funds used during construction, rate has grown at a 2.2% compound annual growth rate (CAGR), from 6.6% to 7.2%.
What does montana — allowance for funds used during construction, rate mean?
This rate represents the capitalized cost of debt and equity funds used to finance the construction of utility infrastructure assets. It serves as a non-cash component of earnings that reflects the regulatory recovery of capital costs during the development phase. A higher rate indicates a greater portion of construction costs being capitalized rather than expensed, impacting long-term asset valuation.