State Ledger
Company profile

NorthWestern Energy Group, Inc. CIK 1993004

Ticker
NWE (Nasdaq)
Industry
Electric & Other Services Combined
Headquarters
Sioux Falls, SD 57108
Fiscal year end
2025 (FY)
Market Data
Close
$75.30
Change
+$0.92
Change %
1.23%
Volume
30,347

NWE · trading date Oct 13, 2026 · previous close $74.39 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$1.61B
Net income
$181.09M
Total assets
$8.46B
Total liabilities
$5.57B
Stockholders' equity
$2.89B
Cash & equivalents
$8.78M
Operating income
$325.82M
Operating cash flow
$394.46M
Capital expenditures
$524.46M

Fiscal year 2025, via 10-K filed 2026-02-12. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
20.2%
Net margin
11.2%
Free cash flow
-$130.00M
Free cash flow margin
-8.1%
Liabilities / assets
65.9%
Equity / assets
34.1%
CapEx / revenue
32.6%
Operating cash flow / net income
2.18×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $1.61B $181.09M $8.46B $5.57B $2.89B
2024 $1.51B $224.11M $8.00B $5.14B $2.86B
2023 $1.42B $194.13M $7.60B $4.82B $2.79B
2022 $1.48B $183.01M $7.32B $4.65B $2.67B
2021 $1.37B $186.84M $6.78B — $2.34B
Company Details
SIC code
4931
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-09-09
Financials filed via
Form 10-K
filed 2026-02-12

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Sioux Falls, SD 57108
3010 WEST 69TH STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:53 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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