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Northwest Natural NWN Free cash flow margin

Free cash flow margin at other companies

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AvistaAVA
-8%
Atmos Energy logo
Atmos EnergyATO
-41.1%+17.8pp
Portland General Electric logo
Portland General ElectricPOR
-13.6%-4.3pp
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New Jersey ResourcesNJR
27.8%+4.7pp
NorthWestern Energy Group, Inc. logo
NorthWestern Energy Group, Inc.NWE
-9%+0.1pp
CNP
CenterPoint EnergyCNP
-28%-4.1pp

Other financials

Income statement

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Revenue$243.6M+3.1%
Operating income$33.2M+21.9%
Net income$1.2M+135%
EPS (diluted)$0.01+117%

Balance sheet

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Cash & equivalents$29.8M-72.0%
Total debt$2.6B+10.9%
Total equity$1.6B+6.9%
Total assets$6.4B+11.3%

Cash flow

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Operating cash flow$109.7M+7.4%
CapEx$121.3M+0.7%
Free cash flow-$11.6M+36.8%

Valuation

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Market cap$2.14B+31.4%
Enterprise value$4.68B+21.9%
P/E12.8×+1.5×
P/S1.7×+0.3×

Profitability

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Operating margin22.8%+2.9pp
Net margin12.9%+1.3pp

Returns & leverage

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Return on equity11.1%+0.8pp
Debt / equity1.7×+0.1×
Current ratio0.8×+0.1×

Where this comes from

Calculated from Northwest Natural’s reported figures.

Based on trailing twelve months.

The source filing: Northwest Natural’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 1:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001733998-26-000127

FAQ

What is Northwest Natural's free cash flow margin?
Northwest Natural (NWN) reported free cash flow margin of -20.6% in Q2 2026.
How has Northwest Natural's free cash flow margin changed year-over-year?
Northwest Natural's free cash flow margin decreased by 39.9% year-over-year, from -14.7% to -20.6%.
What is the long-term trend for Northwest Natural's free cash flow margin?
Over 5 years (2020 to 2025), Northwest Natural's free cash flow margin has grown at a -1.5% compound annual growth rate (CAGR), from -16.5% to -15.3%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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