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NorthWestern Energy Group, Inc. NWE Operating and maintenance

Discontinued — last reported Q4 '25

Operating and maintenance at other companies

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Segments

By segment

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Regulated Electric Segment$89.6M
Regulated Natural Gas$27.13M

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:UtilitiesOperatingExpenseMaintenanceOperationsAndOtherCostsAndExpenses.

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 operating and maintenance?
NorthWestern Energy Group, Inc. (NWE) reported operating and maintenance of $71.23M in Q4 2025.
How has NorthWestern Energy Group, Inc.'s operating and maintenance changed year-over-year?
NorthWestern Energy Group, Inc.'s operating and maintenance increased by 17.9% year-over-year, from $60.42M to $71.23M.
What is the long-term trend for NorthWestern Energy Group, Inc.'s operating and maintenance?
Over 3 years (2021 to 2025), NorthWestern Energy Group, Inc.'s operating and maintenance has grown at a 11.0% compound annual growth rate (CAGR), from $208.3M to $284.92M.
What does operating and maintenance mean?
This metric encompasses the recurring costs required to operate and maintain utility infrastructure, including power plants, transmission lines, and distribution networks. It reflects the ongoing investment in system reliability, safety, and regulatory compliance. Consistent management of these expenses is essential for maintaining operational efficiency and protecting long-term asset value.