What is the current annual net margin of NWE?

As of today, NWE annual net margin is 14.80%

What is 1-year change in NWE annual net margin?

NWE annual net margin is up +8.42% year-over-year

What is 3-year change in NWE annual net margin?

NWE annual net margin is up +8.74% over the past 3 years

How far is NWE annual net margin from its all-time high?

NWE annual net margin is currently -71.65% below its historical high of 52.20% set on December 31, 2004

How does NWE annual net margin rank versus sector peers?

NWE annual net margin is higher than 64.08% of companies in Utilities sector

When is NWE next annual earnings release?

The next annual earnings release for NWE is on February 12, 2026

What is the current quarterly net margin of NWE?

As of today, NWE quarterly net margin is 9.88%

What is NWE quarterly net margin most recent change?

NWE quarterly net margin was up +59.61% on September 30, 2025

What is 1-year change in NWE quarterly net margin?

NWE quarterly net margin is down -27.14% year-over-year

How far is NWE quarterly net margin from its all-time high?

NWE quarterly net margin is currently -57.69% below its historical high of 23.35% set on December 31, 2023

How does NWE quarterly net margin rank versus sector peers?

NWE quarterly net margin is higher than 38.61% of companies in Utilities sector

When is NWE next earnings release?

The next earnings release for NWE is on February 12, 2026

NWE Net Margin History & Chart Since 1980

Annual Net Margin

14.80%1.15%+8.42%

December 31, 2024

Summary

Current Value: As of today, NWE annual net margin is 14.80%, up +8.42% on December 31, 2024
Historical Performance: NWE annual net margin is up +8.74% over the past 3 years, and down -7.90% over the past 5 years
All-Time High Comparison: NWE annual net margin is currently -71.65% below its historical high of 52.20% set on December 31, 2004
3-Year Low Comparison: NWE annual net margin is +19.55% above its 3-year low of 12.38% reached on an earlier date
Sector Comparison: NWE annual net margin is higher than 64.08% of companies in Utilities sector

Net Margin Chart

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Series

Performance

NWE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 24	14.80%	+8.4%	+8.7%	-7.9%	+130.2%
Quarterly Net Margin	Sep 30, 25	9.88%	-27.1%	+20.9%	-5.9%	+65.5%
Price	Jan 9, 26	$66.01	+25.8%	+12.7%	+16.0%	+126.5%
PE Ratio	Jan 9, 26	18.69	+30.1%	+2.7%	+0.7%	+37.2%
Annual Revenue	Dec 31, 24	$1.51B	+6.5%	+10.3%	+20.4%	+32.6%
Annual Net Income	Dec 31, 24	$224.11M	+15.4%	+19.9%	+10.9%	+205.3%
Annual Gross Margin	Dec 31, 24	56.31%	+1.2%	+1.8%	-7.6%	+34.2%
Annual Operating Margin	Dec 31, 24	21.36%	+1.1%	+6.3%	-3.0%	+58.5%

Net Margin Highs

NWE Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	14.80%	Dec 31, 24	at high
5Y	14.80%	Dec 31, 24	at high
All	52.20%	Dec 31, 04	-71.7%

Net Margin Lows

NWE Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	12.38%	N/A	+19.6%
5Y	12.38%	Dec 31, 22	+19.6%
All	-39.79%	Dec 31, 02	+137.2%

Net Margin History

Year	Value	Change
2024	14.80%	+8.4%
2023	13.65%	+10.3%
2022	12.38%	-9.0%
2021	13.61%	+5.1%
2020	12.95%	-19.4%
2019	16.07%	-2.7%
2018	16.52%	+32.6%
2017	12.46%	-4.6%
2016	13.06%	+4.9%
2015	12.45%	+24.3%
2014	10.02%	+23.1%
2013	8.14%	-11.4%
2012	9.19%	+11.0%
2011	8.28%	+18.8%
2010	6.97%	+8.4%
2009	6.43%	+20.0%
2008	5.36%	+21.0%
2007	4.43%	+33.8%
2006	3.31%	-37.3%
2005	5.28%	-89.9%
2004	52.20%	+848.9%
2003	-6.97%	+82.5%
2002	-39.79%	-1,239.7%

Year	Value	Change
2001	-2.97%	-828.1%
2000	-0.32%	-144.4%
1999	0.72%	-72.5%
1998	2.62%	-14.1%
1997	3.05%	-59.7%
1996	7.57%	-19.6%
1995	9.42%	-4.1%
1994	9.82%	-0.9%
1993	9.91%	-13.9%
1992	11.51%	-4.5%
1991	12.05%	-21.4%
1990	15.34%	+10.4%
1989	13.90%	+15.7%
1988	12.01%	-5.0%
1987	12.64%	+8.4%
1986	11.66%	+10.7%
1985	10.53%	+17.5%
1984	8.96%	+12.6%
1983	7.96%	+0.3%
1982	7.94%	-22.5%
1981	10.24%	-12.7%
1980	11.73%	-

FAQ

What is the current annual net margin of NWE?
As of today, NWE annual net margin is 14.80%
What is 1-year change in NWE annual net margin?
NWE annual net margin is up +8.42% year-over-year
What is 3-year change in NWE annual net margin?
NWE annual net margin is up +8.74% over the past 3 years
How far is NWE annual net margin from its all-time high?
NWE annual net margin is currently -71.65% below its historical high of 52.20% set on December 31, 2004
How does NWE annual net margin rank versus sector peers?
NWE annual net margin is higher than 64.08% of companies in Utilities sector
When is NWE next annual earnings release?
The next annual earnings release for NWE is on February 12, 2026

Quarterly Net Margin

9.88%3.69%+59.61%

September 30, 2025

Summary

Current Value: As of today, NWE quarterly net margin is 9.88%, up +59.61% on September 30, 2025
Historical Performance: NWE quarterly net margin is down -27.14% year-over-year, and up +20.93% over the past 3 years
All-Time High Comparison: NWE quarterly net margin is currently -57.69% below its historical high of 23.35% set on December 31, 2023
3-Year Low Comparison: NWE quarterly net margin is +59.61% above its 3-year low of 6.19% reached on June 30, 2025
Sector Comparison: NWE quarterly net margin is higher than 38.61% of companies in Utilities sector

Performance

NWE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 25	9.88%	+59.6%	-27.1%	+20.9%	-5.9%
Annual Net Margin	Dec 31, 24	14.80%	–	+8.4%	+8.7%	-7.9%
Price	Jan 9, 26	$66.01	+13.2%	+25.8%	+12.7%	+16.0%
PE Ratio	Jan 9, 26	18.69	+13.2%	+30.1%	+2.7%	+0.7%
Quarterly Revenue	Sep 30, 25	$386.95M	+12.9%	+12.1%	+15.5%	+37.9%
Quarterly Net Income	Sep 30, 25	$38.23M	+80.1%	-18.3%	+39.7%	+29.8%
Quarterly Gross Margin	Sep 30, 25	61.30%	+2.4%	+5.6%	+15.7%	+2.2%
Quarterly Operating Margin	Sep 30, 25	20.75%	+17.0%	+5.4%	+44.0%	+17.2%

Quarterly Net Margin Highs

NWE Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	21.57%	N/A	-54.2%
3Y	23.35%	Dec 31, 23	-57.7%
5Y	23.35%	Dec 31, 23	-57.7%
All	23.35%	Dec 31, 23	-57.7%

Quarterly Net Margin Lows

NWE Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	6.19%	Jun 30, 25	+59.6%
3Y	6.19%	Jun 30, 25	+59.6%
5Y	6.19%	Jun 30, 25	+59.6%
All	-137.20%	Dec 31, 02	+107.2%

Quarterly Net Margin History

Month	Value	Change
Sep 2025	9.88%	+59.6%
Jun 2025	6.19%	-62.5%
Mar 2025	16.49%	-23.6%
Dec 2024	21.57%	+59.1%
Sep 2024	13.56%	+37.1%
Jun 2024	9.89%	-27.8%
Mar 2024	13.69%	-41.4%
Dec 2023	23.35%	+155.5%
Sep 2023	9.14%	+38.9%
Jun 2023	6.58%	-52.2%
Mar 2023	13.76%	-12.3%
Dec 2022	15.69%	+92.0%
Sep 2022	8.17%	-11.4%
Jun 2022	9.22%	-38.5%
Mar 2022	14.98%	+1.4%
Dec 2021	14.78%	+36.9%
Sep 2021	10.80%	-13.5%
Jun 2021	12.49%	-20.6%
Mar 2021	15.74%	-7.8%
Dec 2020	17.08%	+62.7%
Sep 2020	10.50%	+31.6%
Jun 2020	7.98%	-47.2%
Mar 2020	15.12%	-17.3%
Dec 2019	18.28%	+132.0%
Sep 2019	7.88%	-55.3%
Jun 2019	17.61%	-7.1%
Mar 2019	18.95%	-12.0%
Dec 2018	21.53%	+113.8%
Sep 2018	10.07%	-39.8%
Jun 2018	16.72%	-2.4%
Mar 2018	17.13%	+23.2%
Dec 2017	13.90%	+18.3%
Sep 2017	11.75%	+52.8%
Jun 2017	7.69%	-50.1%
Mar 2017	15.40%	+10.8%
Dec 2016	13.90%	-6.2%
Sep 2016	14.82%	+22.2%
Jun 2016	12.13%	+1.2%
Mar 2016	11.99%	-13.4%
Dec 2015	13.85%	+58.6%
Sep 2015	8.73%	-23.8%
Jun 2015	11.45%	-22.9%
Mar 2015	14.86%	+25.1%
Dec 2014	11.88%	-0.8%
Sep 2014	11.98%	+317.4%
Jun 2014	2.87%	-76.7%
Mar 2014	12.33%	+50.7%
Dec 2013	8.18%	+37.0%
Sep 2013	5.97%	+8.3%
Jun 2013	5.51%	-54.5%
Mar 2013	12.11%	-42.1%
Dec 2012	20.91%	+1,406.9%
Sep 2012	-1.60%	-134.2%
Jun 2012	4.68%	-54.9%
Mar 2012	10.37%	-13.9%
Dec 2011	12.05%	+97.5%
Sep 2011	6.10%	+39.9%
Jun 2011	4.36%	-54.7%
Mar 2011	9.63%	+24.4%
Dec 2010	7.74%	+29.6%
Sep 2010	5.97%	+24.6%
Jun 2010	4.79%	-44.2%
Mar 2010	8.59%	+1.4%
Dec 2009	8.47%	+4.3%
Sep 2009	8.12%	+213.5%
Jun 2009	2.59%	-57.9%
Mar 2009	6.15%	-5.7%
Dec 2008	6.52%	+32.8%
Sep 2008	4.91%	+42.7%
Jun 2008	3.44%	-43.4%
Mar 2008	6.08%	+1.5%
Dec 2007	5.99%	+20.8%
Sep 2007	4.96%	+427.7%
Jun 2007	0.94%	-82.0%
Mar 2007	5.22%	+100.8%
Dec 2006	2.60%	-46.5%
Sep 2006	4.86%	+501.7%
Jun 2006	-1.21%	-120.9%
Mar 2006	5.80%	-27.8%
Dec 2005	8.03%	+106.4%
Sep 2005	3.89%	+52.0%
Jun 2005	2.56%	-53.8%
Mar 2005	5.54%	+154.9%

Month	Value	Change
Sep 2004	-10.10%	-64.0%
Jun 2004	-6.16%	-255.9%
Mar 2004	3.95%	+284.6%
Dec 2003	-2.14%	+83.0%
Sep 2003	-12.61%	+33.7%
Jun 2003	-19.02%	-956.8%
Mar 2003	2.22%	+101.6%
Dec 2002	-137.20%	-9,900.0%
Sep 2002	1.40%	+35.9%
Jun 2002	1.03%	+74.6%
Mar 2002	0.59%	+101.6%
Dec 2001	-36.03%	-654.3%
Sep 2001	6.50%	+26.7%
Jun 2001	5.13%	+588.6%
Mar 2001	-1.05%	+76.0%
Dec 2000	-4.38%	-284.0%
Sep 2000	2.38%	+260.8%
Jun 2000	-1.48%	-210.4%
Mar 2000	1.34%	+36.7%
Dec 1999	0.98%	+224.1%
Sep 1999	-0.79%	-54.9%
Jun 1999	-0.51%	-110.0%
Mar 1999	5.12%	+159.9%
Dec 1998	1.97%	+251.5%
Sep 1998	-1.30%	+5.8%
Jun 1998	-1.38%	-119.7%
Mar 1998	7.00%	+213.9%
Dec 1997	2.23%	+11.5%
Sep 1997	2.00%	+32.5%
Jun 1997	1.51%	-56.2%
Mar 1997	3.45%	-52.0%
Dec 1996	7.19%	+494.2%
Sep 1996	1.21%	-74.6%
Jun 1996	4.76%	-63.3%
Mar 1996	12.96%	+81.8%
Dec 1995	7.13%	+4.7%
Sep 1995	6.81%	-8.7%
Jun 1995	7.46%	-46.6%
Mar 1995	13.98%	+35.5%
Dec 1994	10.32%	+140.0%
Sep 1994	4.30%	-34.2%
Jun 1994	6.53%	-54.7%
Mar 1994	14.41%	+46.4%
Dec 1993	9.84%	+17.3%
Sep 1993	8.39%	+23.4%
Jun 1993	6.80%	-47.4%
Mar 1993	12.92%	+6.2%
Dec 1992	12.17%	+16.5%
Sep 1992	10.45%	+7.4%
Jun 1992	9.73%	-23.4%
Mar 1992	12.70%	+23.5%
Dec 1991	10.28%	-27.4%
Sep 1991	14.16%	+47.5%
Jun 1991	9.60%	-29.7%
Mar 1991	13.65%	+8.0%
Dec 1990	12.64%	-44.8%
Sep 1990	22.91%	+40.9%
Jun 1990	16.26%	+32.8%
Mar 1990	12.24%	+33.2%
Dec 1989	9.19%	-23.5%
Sep 1989	12.02%	-24.8%
Jun 1989	15.98%	-6.0%
Mar 1989	17.00%	+93.4%
Dec 1988	8.79%	-36.6%
Sep 1988	13.87%	+8.2%
Jun 1988	12.82%	+1.1%
Mar 1988	12.68%	+6.7%
Dec 1987	11.88%	-12.1%
Sep 1987	13.51%	+3.4%
Jun 1987	13.06%	+4.5%
Mar 1987	12.50%	+25.0%
Dec 1986	10.00%	-22.1%
Sep 1986	12.84%	+52.9%
Jun 1986	8.40%	-40.3%
Mar 1986	14.08%	+33.0%
Dec 1985	10.59%	+5.9%
Sep 1985	10.00%	+2.9%
Jun 1985	9.72%	-13.7%
Mar 1985	11.26%	+31.7%
Dec 1984	8.55%	-19.5%
Sep 1984	10.62%	+40.5%
Jun 1984	7.56%	-18.3%
Mar 1984	9.25%	-

FAQ

What is the current quarterly net margin of NWE?
As of today, NWE quarterly net margin is 9.88%
What is NWE quarterly net margin most recent change?
NWE quarterly net margin was up +59.61% on September 30, 2025
What is 1-year change in NWE quarterly net margin?
NWE quarterly net margin is down -27.14% year-over-year
How far is NWE quarterly net margin from its all-time high?
NWE quarterly net margin is currently -57.69% below its historical high of 23.35% set on December 31, 2023
How does NWE quarterly net margin rank versus sector peers?
NWE quarterly net margin is higher than 38.61% of companies in Utilities sector
When is NWE next earnings release?
The next earnings release for NWE is on February 12, 2026

Net Margin Formula

Net Margin =

× 100%

Data Sources & References

NWE Official Website www.northwesternenergy.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1993004/000199300425000184/0001993004-25-000184-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1993004/000199300425000021/0001993004-25-000021-index.htm
NWE Profile on Yahoo Finance finance.yahoo.com/quote/NWE
NWE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nwe