Market cap
$4,354 Mln
Revenue (TTM)
$1,691 Mln
P/E Ratio
25.6
P/B Ratio
1.5
Div. Yield
3.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -21.10 | 14.56 | 10.70 | 3.96 | 5.52 |
| EBIT | -41.34 | 13.14 | -7.53 | 5.47 | 5.34 |
| Net Profit | -60.61 | 17.90 | -24.01 | -0.84 | -1.34 |
| EPS | -60.53 | 17.69 | -24.42 | -2.00 | -5.10 |
| Book Value | -- | -- | -0.30 | 1.38 | 2.49 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 22.03 | 21.18 | 19.77 | 20.98 | 22.91 |
| Net Margin
| -- | 12.22 | 10.13 | -- | -- |
| Return on equity
| 7.12 | 7.43 | 5.93 | 6.31 | 7.94 |
| Return on Capital
| 3.47 | 3.59 | -- | 2.95 | 3.89 |
| Return on Assets
| 2.56 | 2.62 | 1.91 | 2.20 | 2.87 |
| Debt to Equity (x)
| -- | -- | 1.19 | 1.19 | 1.09 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
2.95
|
3.89
|
3.57
|
3.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
5.93
Lower than Peers by 4.19
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
5.93
|
6.31
|
7.94
|
7.12
|
7.31
|
|
Peer Median
|
10.12
|
--
|
--
|
--
|
--
|
ROA
1.91
Lower than Peers by 0.62
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
1.91
|
2.20
|
2.87
|
2.60
|
2.60
|
|
Peer Median
|
2.53
|
--
|
--
|
--
|
--
|
EBIT Margin
19.77
Lower than Peers by 2.22
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
19.77
|
20.98
|
22.91
|
22.20
|
19.12
|
|
Peer Median
|
22.00
|
--
|
--
|
--
|
--
|
Net Margin
10.13
Lower than Peers by 3.31
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
10.13
|
11.24
|
14.80
|
13.65
|
12.22
|
|
Peer Median
|
13.45
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.70
Higher than Peers by 5.86
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
10.70
|
0.06
|
0.06
|
-0.04
|
0.08
|
|
Peer Median
|
4.84
|
--
|
--
|
--
|
--
|
EBIT Growth
-7.53
Lower than Peers by 17.50
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
-7.53
|
-2.56
|
9.86
|
11.74
|
-0.50
|
|
Peer Median
|
9.97
|
--
|
--
|
--
|
--
|
Net Profit Growth
-24.01
Lower than Peers by 34.02
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
-24.01
|
-19.20
|
15.44
|
6.08
|
-2.05
|
|
Peer Median
|
10.01
|
--
|
--
|
--
|
--
|
EPS Growth
-24.42
Lower than Peers by 31.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
-24.42
|
-0.20
|
0.15
|
0.03
|
-0.15
|
|
Peer Median
|
7.46
|
--
|
--
|
--
|
--
|
Book Value Growth
0.37
Lower than Peers by 4.70
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
0.37
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5.06
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.19
Lower than Peers by 0.23
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
1.19
|
1.19
|
1.09
|
1.00
|
0.99
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.05
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
0.05
|
0.09
|
0.14
|
0.04
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.83
Lower than Peers by 0.02
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
0.83
|
0.72
|
0.52
|
0.76
|
0.87
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
Quick Ratio
0.58
Lower than Peers by 0.11
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
0.58
|
0.53
|
0.37
|
0.55
|
0.69
|
|
Peer Median
|
0.68
|
--
|
--
|
--
|
--
|
Interest Coverage
2.12
Lower than Peers by 0.52
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
2.12
|
2.25
|
2.63
|
2.75
|
2.82
|
|
Peer Median
|
2.63
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.98
Lower than Peers by 4.37
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
9.98
|
13.02
|
12.40
|
14.93
|
16.58
|
|
Peer Median
|
14.35
|
--
|
--
|
--
|
--
|
Asset Turnover
0.19
Higher than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
0.19
|
0.20
|
0.19
|
0.19
|
0.21
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
45.08
|
48.26
|
58.71
|
54.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
163.73
|
190.35
|
63.24
|
48.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
154.75
|
189.28
|
92.86
|
81.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
--
|
54.06
|
49.33
|
29.09
|
21.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
25.55
Higher than Peers by 4.32
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
25.55
|
22.13
|
14.62
|
16.06
|
19.37
|
|
Peer Median
|
21.23
|
--
|
--
|
--
|
--
|
Price / Book Value
1.51
Lower than Peers by 0.56
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
1.51
|
1.39
|
1.15
|
1.12
|
1.33
|
|
Peer Median
|
2.06
|
--
|
--
|
--
|
--
|
Dividend Yield
3.75
Higher than Peers by 0.52
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
3.75
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.23
|
--
|
--
|
--
|
--
|
EV/EBITDA
13.42
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
13.42
|
12.66
|
11.09
|
11.22
|
12.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
4,354
Higher than Peers by 1,632
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
NorthWestern (NWE)
|
4,354
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2,722
|
--
|
--
|
--
|
--
|