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Northwest Natural NWN Operating Income

Operating Income at other companies

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NorthWestern Energy Group, Inc.NWE
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Segments

By segment

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SiEnergy$4.9M+36.4%
NWN Water Utility$3.42M-20.4%
Other$1.9M

Other financials

Income statement

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Revenue$243.6M+3.1%
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:OperatingIncomeLoss.

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 thousands, except per share dataThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation44,21241,53588,34682,035
Other operating expenses1,0291,2252,4042,552
Total operating expenses210,395208,983537,930548,913
Income from operations33,15727,211196,025181,565
Other income (expense), net1,405(160)1,917(2,676)
Interest expense, net33,35230,49166,70459,886
Income (loss) before income taxes1,210(3,440)131,238119,003
Income tax expense (benefit)610(940)33,14933,587

Item 1. Unaudited Financial Statements:

FAQ

What is Northwest Natural's operating income?
Northwest Natural (NWN) reported operating income of $33.16M in Q2 2026.
How has Northwest Natural's operating income changed year-over-year?
Northwest Natural's operating income increased by 21.9% year-over-year, from $27.21M to $33.16M.
What is the long-term trend for Northwest Natural's operating income?
Over 4 years (2021 to 2025), Northwest Natural's operating income has grown at a 14.6% compound annual growth rate (CAGR), from $163.12M to $280.89M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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