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Northwest Natural NWN Regulatory assets

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$243M+48.2%
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$31.95M-8.3%
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NorthWestern Energy Group, Inc.NWE
$103.24M+96.4%
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$83.37M+48.8%

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$2.12B+28.5%
Enterprise value$4.67B+20.7%
P/E12.7×+1.3×
P/S1.6×+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:RegulatoryAssetsCurrent.

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 regulatory assets?
Northwest Natural (NWN) reported regulatory assets of $168.09M in Q2 2026.
How has Northwest Natural's regulatory assets changed year-over-year?
Northwest Natural's regulatory assets increased by 61.8% year-over-year, from $103.91M to $168.09M.
What is the long-term trend for Northwest Natural's regulatory assets?
Over 5 years (2020 to 2025), Northwest Natural's regulatory assets has grown at a 35.3% compound annual growth rate (CAGR), from $31.75M to $143.75M.
What does regulatory assets mean?
These are costs incurred by the utility that are deferred and expected to be recovered from customers through future rate adjustments as authorized by regulatory commissions. This asset category represents a unique aspect of utility accounting where expenditures are capitalized rather than expensed immediately. It is essential for evaluating the company's long-term capital recovery prospects and regulatory relationship.

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