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Regulatory assets at other companies

MDU Resources Group logo
MDU Resources GroupMDU
$190.68M+33.0%
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Xcel EnergyXEL
$482M-23.1%
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$25.43M+120%
BKH
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$122.6M-5.2%
CMS
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$94M-45.7%
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PG&EPCG
$230M+8.5%

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:RegulatoryAssetsCurrent.

The official record: NorthWestern Energy Group, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NorthWestern Energy Group, Inc.'s regulatory assets?
NorthWestern Energy Group, Inc. (NWE) reported regulatory assets of $103.24M in Q1 2026.
How has NorthWestern Energy Group, Inc.'s regulatory assets changed year-over-year?
NorthWestern Energy Group, Inc.'s regulatory assets increased by 96.4% year-over-year, from $52.56M to $103.24M.
What is the long-term trend for NorthWestern Energy Group, Inc.'s regulatory assets?
Over 3 years (2022 to 2025), NorthWestern Energy Group, Inc.'s regulatory assets has grown at a -11.9% compound annual growth rate (CAGR), from $136.01M to $92.94M.
What does regulatory assets mean?
This represents costs incurred by the utility that have been deferred for future recovery from customers through regulated rates. These assets arise when regulatory commissions allow the company to capitalize expenses that would otherwise be recognized immediately, ensuring the utility can recover these investments over time. It serves as a critical indicator of future cash flow potential and the company's ability to manage long-term capital recovery within its service territories.