Northwest Natural NWN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 22.5%+3.1pp | 21.8%+5.2pp | 20.1%+4.1pp | 20%+3.9pp | 19.4%+3.9pp | |
| Net margin | 9.6%+1.1pp | 8.8%+1.9pp | 7.9%+1.0pp | 8.3%+1.2pp | 8.5%+1.1pp | |
| EBITDA margin | 35.6%+4.1pp | 34.6%+6.1pp | 32.8%+5.0pp | 32.4%+5.0pp | 31.5%+5.1pp | |
| Free cash flow margin | -21.2%-8.1pp | -15.3%+1.5pp | -14.7%+1.2pp | -14.7%-1.3pp | -13.1%-3.7pp | |
| Returns | ||||||
| Return on equity | 8.1%+0.7pp | 7.9%+2.0pp | 7.2%+1.1pp | 7.4%+1.0pp | 7.4%+0.7pp | |
| Return on assets | 2%+0.1pp | 2%+0.4pp | 1.9%+0.2pp | 1.9%+0.2pp | 2%+0.1pp | |
| Return on invested capital | 7.5%+0.4pp | 7.8%+1.5pp | 7.4%+1.0pp | 7.4%+0.8pp | 7%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.3× | 0.7×-0.1× | 0.6×-0.1× | 0.7×-0.3× | 1.1×-0.1× | |
| Quick ratio | 0.8×-0.3× | 0.7×-0.2× | 0.6×-0.1× | 0.6×-0.3× | 1.1×-0.1× | |
| Cash ratio | 0.1×-0.2× | 0×0.0× | 0×0.0× | 0.2×0.0× | 0.2×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 1.6×0.0× | 1.7×+0.3× | 1.7×+0.4× | 1.6×+0.3× | 1.6×+0.3× | |
| Debt-to-assets | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×0.0× | 0.4×+0.1× | |
| Net debt / EBITDA | 5.4×-0.5× | 5.6×-0.2× | 5.7×+0.2× | 5.5×+0.2× | 5.9×+0.5× | |
| Interest coverage | 2.5×-0.4× | 2.5×-0.2× | 2.4×+0.3× | 2.8×+0.4× | 2.8×+0.7× | |
| Per Share | ||||||
| Book value per share | $37.71+4.4% | $36.02+1.1% | $34.82-1.5% | $36.05+2.4% | $36.13+1.7% | |
| Valuation | ||||||
| Market capitalization | $2.21B+28.7% | $1.94B+22.2% | $1.84B+17.8% | $1.66B+21.7% | $1.72B+22.3% | |
| Enterprise value | $4.69B+18.3% | $4.42B+27.5% | $4.21B+27.1% | $3.88B+28.0% | $3.97B+28.7% | |
| Price / earnings | 18×+1.3× | 17.1×-3.0× | 18.3×-1.6× | 16.1×-0.6× | 16.7×+0.4× | |
| Price / sales | 1.7×+0.3× | 1.5×+0.1× | 1.5×+0.1× | 1.3×+0.1× | 1.4×+0.2× | |
| Price / book | 1.4×+0.2× | 1.3×+0.2× | 1.3×+0.1× | 1.1×+0.1× | 1.2×+0.1× | |
| EV / EBITDA | 10.3×-0.1× | 9.9×-0.6× | 10.1×-0.3× | 9.7×0.0× | 10.4×+0.4× | |
| EV / sales | 3.7×+0.4× | 3.4×+0.4× | 3.3×+0.4× | 3.1×+0.5× | 3.3×+0.6× | |
| Free cash flow yield | -12.3%-3.0pp | -10.2%+2.0pp | -10.1%+1.4pp | -11%+0.3pp | -9.3%-1.4pp | |
| Earnings yield | 5.6%-0.4pp | 5.8%+0.9pp | 5.5%+0.4pp | 6.2%+0.2pp | 6%-0.1pp | |
| Dividend yield | 3.5%-0.8pp | 4%-0.6pp | 4.2%-0.4pp | 4.5%-0.6pp | 4.3%-0.6pp | |
| PEG ratio | 0.9×+0.1× | 0.4×— | 0.7×— | 0.6×— | 0.8×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Northwest Natural's ratios come from?
- Every ratio is computed from Northwest Natural's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
