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Regulatory liabilities at other companies

MDU Resources Group logo
MDU Resources GroupMDU
$148.41M+5.9%
Xcel Energy logo
Xcel EnergyXEL
$701M-14.0%
OTT
Otter TailOTTR
$19.1M-29.3%
BKH
Black HillsBKH
$85.9M-13.2%
CMS
CMS EnergyCMS
$87M-12.1%
PG&E logo
PG&EPCG
$20.27B+3.2%

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:RegulatoryLiabilityCurrent.

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 liabilities?
NorthWestern Energy Group, Inc. (NWE) reported regulatory liabilities of $31.2M in Q1 2026.
How has NorthWestern Energy Group, Inc.'s regulatory liabilities changed year-over-year?
NorthWestern Energy Group, Inc.'s regulatory liabilities increased by 20.3% year-over-year, from $25.93M to $31.2M.
What is the long-term trend for NorthWestern Energy Group, Inc.'s regulatory liabilities?
Over 3 years (2022 to 2025), NorthWestern Energy Group, Inc.'s regulatory liabilities has grown at a 22.2% compound annual growth rate (CAGR), from $21.15M to $38.61M.
What does regulatory liabilities mean?
This represents obligations to refund or credit ratepayers for amounts previously collected or deferred, as mandated by regulatory authorities. These liabilities typically arise from differences between actual costs and the rates charged to customers, or from specific regulatory orders requiring future rate adjustments. Monitoring this balance is essential for understanding potential future downward pressure on revenue or the necessity of future rate credits to customers.