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Northwest Natural NWN Leasing revenue — Operating leases

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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
FCF margin-20.6%+13.6pp

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

Reported directly by Northwest Natural in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

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

Filed
Aug 5, 2026, 1:41 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001733998-26-000127
In thousandsThree Months Ended June 30, / NW NaturalThree Months Ended June 30, / Si EnergyThree Months Ended June 30, / NWN Water UtilityThree Months Ended June 30, / OtherThree Months Ended June 30, / NW Holdings
Other revenue873873
Revenue from contracts with customers175,06913,29217,0778,127213,565
Alternative revenue25,28325425,537
Leasing revenue4,4504,450
Total operating revenues$204,802$13,546$17,077$8,127$243,552
2025
Natural gas sales$166,923$11,502$701$179,126
Gas storage revenue, net4,0824,082

Item 1. Unaudited Financial Statements:

FAQ

What is Northwest Natural's leasing revenue — operating leases?
Northwest Natural (NWN) reported leasing revenue — operating leases of $4.45M in Q2 2026.
How has Northwest Natural's leasing revenue — operating leases changed year-over-year?
Northwest Natural's leasing revenue — operating leases increased by 3.4% year-over-year, from $4.3M to $4.45M.
What is the long-term trend for Northwest Natural's leasing revenue — operating leases?
Over 3 years (2021 to 2025), Northwest Natural's leasing revenue — operating leases has grown at a -0.7% compound annual growth rate (CAGR), from $17.55M to $17.21M.
What does leasing revenue — operating leases mean?
This metric represents the total revenue generated from assets leased to third parties under operating lease agreements. It reflects the company's ability to monetize non-core or auxiliary assets through recurring rental income streams. Monitoring this figure helps investors assess the contribution of secondary business activities to the company's overall top-line performance.

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