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Northwest Natural NWN Business Segments

FY'25FY'24FY'23FY'22
Operating revenues by Business
NW Natural$1.13B+2.2%$1.1B-5.0%$1.16B+14.2%$1.01B+20.3%
NWN Gas Utility$1.1B+2.7%$1.08B-5.3%$1.14B
NWN Water$65.65M+26.2%$52.04M+33.9%$38.85M
SiEnergy$65.98M$0$0
NW Natural income from operations by Business
NWN Gas Utility$225.35M+30.1%$173.22M+1.5%$170.59M
NWN Water$18.91M+90.3%$9.94M+51.2%$6.57M
SiEnergy$26.56M$0$0
Income tax expense (benefit) by Business
NW Natural$47.32M+36.7%$34.62M-3.0%$35.67M+14.9%$31.04M
NWN Water$3.51M+69.7%$2.07M+360%$450K
SiEnergy$3.87M$0$0
Net Interest Expense by Business
NW Natural$61.9M-2.2%$63.27M+4.4%$60.59M+30.8%$46.34M
NWN Water$3.05M-20.1%$3.82M-36.0%$5.97M
SiEnergy$9.61M$0$0
Gross Profit by Business
SiEnergy$44.22M
Distribution revenues by Business
SiEnergy$65.98M
Depreciation by Business
NW Natural$149.12M+15.1%$129.6M+8.4%$119.51M+5.8%$112.96M+2.2%
NWN Gas Utility$148.2M+15.3%$128.52M+8.5%$118.42M
NWN Water$8.51M+2.6%$8.3M+36.7%$6.07M
SiEnergy$7.87M$0$0
Utilities Operating Expense, Taxes by Business
SiEnergy$1.88M
Contract with customer, refund liability by Business
Other$0
Other operating expenses by Business
NWN Water$5.09M+0.8%$5.05M+9.4%$4.61M
General taxes by Business
NWN Gas Utility$48.23M+4.3%$46.24M+4.4%$44.28M
SiEnergy$1.14M
CapEx by Business
NW Natural$355.07M+0.3%$353.91M+21.7%$290.85M-8.7%$318.69M+14.5%
NWN Water$43.92M+9.8%$39.99M+9.0%$36.69M
SiEnergy$67.65M$0$0
Operations and maintenance by Business
NWN Gas Utility$265.36M+4.8%$253.3M+4.8%$241.72M
Cost of gas by Business
SiEnergy$19.89M
Revenue from contract with customer, including assessed tax by Product
Asset management revenue, net$6.82M+48.1%$4.6M-22.6%$5.94M-14.7%$6.97M-25.8%
Gas storage revenue, net$16.77M+10.9%$15.12M+25.6%$12.04M+2.1%$11.79M+8.9%
Natural gas sales$1.08B+4.5%$1.04B-6.6%$1.11B+12.1%$989.65M+26.4%
Other revenue$3.85M+23.8%$3.11M$25.52M+34.6%
Renewable natural gas sales$29.16M$0
Water and wastewater revenue$65.65M+26.2%$52.04M+33.9%$38.85M
Remediation recovery percentage by Geography
Oregon386.8%0.0pp386.8%0.0pp386.8%
WASHINGTON13.2%0.0pp13.2%0.0pp13.2%0.0pp13.2%0.0pp
Target hedge achieved by Geography
Oregon344%+3.0pp341%+3.0pp338%
WASHINGTON129%-91.0pp220%

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Questions, answered.

How does Northwest Natural break its business down?
Northwest Natural (NWN) reports revenue from contract with customer, including assessed tax by business across 4 parts — NW Natural, NWN Water, Other and SiEnergy. Each is extracted from the segment footnotes and tracked over time.
Where does Northwest Natural's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Northwest Natural's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.