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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$4.32B+27.9%
Enterprise value$7.63B+17.7%
P/E25.8×+10.8×
P/S2.6×+0.4×

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:ShareBasedCompensation.

The source filing: NorthWestern Energy Group, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 7:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001993004-26-000029
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Adjustments to reconcile net income to cash provided by operations:
Depreciation and depletion66,83162,400
Amortization of debt issuance costs, premium, and deferred hedge gain975990
Stock-based compensation costs2,0452,284
Equity portion of allowance for funds used during construction(1,941)(1,797)
Loss on disposition of assets9149
Deferred income taxes14,14013,071
Changes in current assets and liabilities:

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is NorthWestern Energy Group, Inc.'s stock-based comp?
NorthWestern Energy Group, Inc. (NWE) reported stock-based comp of $2.05M in Q1 2026.
How has NorthWestern Energy Group, Inc.'s stock-based comp changed year-over-year?
NorthWestern Energy Group, Inc.'s stock-based comp decreased by 10.5% year-over-year, from $2.28M to $2.05M.
What is the long-term trend for NorthWestern Energy Group, Inc.'s stock-based comp?
Over 2 years (2021 to 2025), NorthWestern Energy Group, Inc.'s stock-based comp has grown at a 14.3% compound annual growth rate (CAGR), from $5.35M to $6.99M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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