What is the current annual payout ratio of NWE?

As of today, NWE annual payout ratio is 70.76%

What is 1-year change in NWE annual payout ratio?

NWE annual payout ratio is down -10.83% year-over-year

What is 3-year change in NWE annual payout ratio?

NWE annual payout ratio is up +2.89% over the past 3 years

How far is NWE annual payout ratio from its all-time high?

NWE annual payout ratio is currently -39.85% below its historical high of 117.63% set on December 31, 2006

How does NWE annual payout ratio rank versus sector peers?

NWE annual payout ratio is higher than 80.53% 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 NWE next ex-dividend date?

As of today, the next dividend for NWE has not been scheduled

What is the current TTM payout ratio of NWE?

As of today, NWE TTM payout ratio is 74.73%

What is NWE TTM payout ratio most recent change?

NWE TTM payout ratio remained unchanged on January 9, 2026

What is 1-year change in NWE TTM payout ratio?

NWE TTM payout ratio is up +5.02% year-over-year

How far is NWE TTM payout ratio from its all-time high?

NWE TTM payout ratio is currently -35.20% below its historical high of 115.32% set on December 28, 2007

How does NWE TTM payout ratio rank versus sector peers?

NWE TTM payout ratio is higher than 82.14% of companies in Utilities sector

When is NWE next earnings release?

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

What is NWE next ex-dividend date?

As of today, the next dividend for NWE has not been scheduled

What is the current quarterly payout ratio of NWE?

As of today, NWE quarterly payout ratio is 105.57%

What is NWE quarterly payout ratio most recent change?

NWE quarterly payout ratio was down -44.46% on September 30, 2025

What is 1-year change in NWE quarterly payout ratio?

NWE quarterly payout ratio is up +24.65% year-over-year

How far is NWE quarterly payout ratio from its all-time high?

NWE quarterly payout ratio is currently -84.55% below its historical high of 683.33% set on September 30, 1996

How does NWE quarterly payout ratio rank versus sector peers?

NWE quarterly payout ratio is higher than 88.99% of companies in Utilities sector

When is NWE next earnings release?

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

What is NWE next ex-dividend date?

As of today, the next dividend for NWE has not been scheduled

NWE Payout Ratio History & Chart Since 1980

Annual Payout Ratio

70.76%8.59%-10.83%

December 31, 2024

Summary

Current Value: As of today, NWE annual payout ratio is 70.76%, down -10.83% on December 31, 2024
Historical Performance: NWE annual payout ratio is up +2.89% over the past 3 years, and up +24.23% over the past 5 years
All-Time High Comparison: NWE annual payout ratio is currently -39.85% below its historical high of 117.63% set on December 31, 2006
3-Year Low Comparison: NWE annual payout ratio is at its 3-year low
Sector Comparison: NWE annual payout ratio is higher than 80.53% of companies in Utilities sector

Payout Ratio Chart

Performance

NWE Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Dec 31, 24	70.76%	-10.8%	+2.9%	+24.2%	+7.8%
Quarterly Payout Ratio	Sep 30, 25	105.57%	+24.6%	-17.9%	+3.4%	+24.1%
TTM Payout Ratio	Jan 9, 26	74.73%	+5.0%	-4.5%	-4.6%	+17.6%
Price	Jan 9, 26	$66.01	+25.8%	+12.7%	+16.0%	+126.5%
Annual Dividend Yield	Jan 9, 26	3.94%	-20.6%	-8.4%	-6.6%	-15.6%
Annual Dividends Paid	Dec 31, 24	$158.59M	+3.0%	+23.4%	+37.8%	+229.1%
Annual Dividend Per Share	Dec 31, 24	$2.60	+1.6%	+4.8%	+13.0%	+94.0%
Annual Free Cash Flow	Dec 31, 24	-$142.50M	-83.5%	+33.5%	-638.5%	-96.4%
Annual Revenue	Dec 31, 24	$1.51B	+6.5%	+10.3%	+20.4%	+32.6%
Annual EPS	Dec 31, 24	$3.65	+13.5%	+1.4%	-8.3%	+80.8%

Payout Ratio Highs

NWE Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	79.35%	Dec 31, 23	-10.8%
5Y	79.35%	Dec 31, 23	-10.8%
All	117.63%	Dec 31, 06	-39.9%

Payout Ratio Lows

NWE Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	70.76%	Dec 31, 24	at low
5Y	68.77%	Dec 31, 21	+2.9%
All	-144.12%	Dec 31, 00	+149.1%

Payout Ratio History

Year	Value	Change
2024	70.76%	-10.8%
2023	79.35%	+3.7%
2022	76.53%	+11.3%
2021	68.77%	-11.3%
2020	77.54%	+36.1%
2019	56.96%	+2.7%
2018	55.44%	-10.9%
2017	62.24%	+6.7%
2016	58.33%	-2.1%
2015	59.56%	+10.6%
2014	53.87%	-12.2%
2013	61.38%	+11.4%
2012	55.12%	-1.7%
2011	56.08%	-11.4%
2010	63.32%	-3.5%
2009	65.63%	-11.0%
2008	73.72%	-17.1%
2007	88.90%	-24.4%
2006	117.63%	+103.2%
2005	57.90%	>+9,900.0%
2004	0.00%	0.0%
2003	0.00%	+100.0%
2002	-4.81%	+79.8%

Year	Value	Change
2001	-23.81%	+83.5%
2000	-144.12%	-228.1%
1999	112.47%	+83.6%
1998	61.27%	+1.7%
1997	60.24%	-4.0%
1996	62.74%	-16.3%
1995	74.92%	-10.6%
1994	83.81%	+0.8%
1993	83.18%	-7.6%
1992	90.01%	+9.7%
1991	82.04%	+22.7%
1990	66.88%	-5.0%
1989	70.38%	-11.5%
1988	79.53%	+3.8%
1987	76.60%	+1.6%
1986	75.39%	+3.4%
1985	72.92%	-9.1%
1984	80.22%	-14.2%
1983	93.46%	-3.8%
1982	97.12%	+10.1%
1981	88.20%	+1.0%
1980	87.31%	-

FAQ

What is the current annual payout ratio of NWE?
As of today, NWE annual payout ratio is 70.76%
What is 1-year change in NWE annual payout ratio?
NWE annual payout ratio is down -10.83% year-over-year
What is 3-year change in NWE annual payout ratio?
NWE annual payout ratio is up +2.89% over the past 3 years
How far is NWE annual payout ratio from its all-time high?
NWE annual payout ratio is currently -39.85% below its historical high of 117.63% set on December 31, 2006
How does NWE annual payout ratio rank versus sector peers?
NWE annual payout ratio is higher than 80.53% 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 NWE next ex-dividend date?
As of today, the next dividend for NWE has not been scheduled

TTM Payout Ratio

74.73%0.00%0.00%

January 9, 2026

Summary

Current Value: As of today, NWE TTM payout ratio is 74.73%, unchanged on January 9, 2026
Historical Performance: NWE TTM payout ratio is up +5.02% year-over-year, and down -4.55% over the past 3 years
All-Time High Comparison: NWE TTM payout ratio is currently -35.20% below its historical high of 115.32% set on December 28, 2007
3-Year Low Comparison: NWE TTM payout ratio is +10.08% above its 3-year low of 67.89% reached on March 31, 2025
Sector Comparison: NWE TTM payout ratio is higher than 82.14% of companies in Utilities sector

Performance

NWE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Jan 9, 26	74.73%	+0.4%	+5.0%	-4.5%	-4.6%
Quarterly Payout Ratio	Sep 30, 25	105.57%	-44.5%	+24.6%	-17.9%	+3.4%
Annual Payout Ratio	Dec 31, 24	70.76%	–	-10.8%	+2.9%	+24.2%
Price	Jan 9, 26	$66.01	+13.2%	+25.8%	+12.7%	+16.0%
TTM Dividend Yield	Jan 9, 26	4.00%	-11.3%	-19.4%	-7.0%	-5.2%
TTM Dividends Paid	Sep 30, 25	$160.68M	+0.4%	+1.7%	+17.9%	+35.0%
TTM Dividend Per Share	Jan 9, 26	$2.64	+0.4%	+1.5%	+4.8%	+10.0%
TTM Free Cash Flow	Sep 30, 25	-$122.16M	+4.9%	+20.7%	+39.5%	-1421.3%
TTM Revenue	Sep 30, 25	$1.57B	+2.7%	+4.9%	+12.1%	+29.4%
TTM EPS	Sep 30, 25	$3.53	-3.9%	-4.5%	+15.3%	+10.9%

TTM Payout Ratio Highs

NWE TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	74.73%	Dec 15, 25	at high
3Y	86.27%	Dec 14, 23	-13.4%
5Y	86.27%	Dec 14, 23	-13.4%
All	115.32%	Dec 28, 07	-35.2%

TTM Payout Ratio Lows

NWE TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	67.89%	Mar 31, 25	+10.1%
3Y	67.89%	Mar 31, 25	+10.1%
5Y	66.37%	Sep 30, 21	+12.6%
All	44.98%	Sep 30, 13	+66.1%

TTM Payout Ratio History

Month	Value	Change
Jan 2026	74.73%	+0.4%
Sep 2025	74.45%	+4.4%
Jun 2025	71.31%	+5.0%
Mar 2025	67.89%	-4.6%
Dec 2024	71.16%	+1.6%
Sep 2024	70.05%	-7.1%
Jun 2024	75.44%	-5.4%
Mar 2024	79.73%	-0.1%
Dec 2023	79.81%	-7.1%
Sep 2023	85.93%	+0.3%
Jun 2023	85.65%	+7.9%
Mar 2023	79.40%	+1.4%
Dec 2022	78.29%	-4.4%
Sep 2022	81.89%	+6.7%
Jun 2022	76.73%	+6.2%
Mar 2022	72.25%	+5.2%
Dec 2021	68.67%	+3.5%
Sep 2021	66.37%	-1.8%
Jun 2021	67.56%	-7.7%
Mar 2021	73.16%	-6.6%
Dec 2020	78.31%	+5.1%
Sep 2020	74.54%	-3.8%
Jun 2020	77.52%	+18.2%
Mar 2020	65.58%	+13.5%
Dec 2019	57.78%	+4.4%
Sep 2019	55.34%	+4.4%
Jun 2019	53.02%	-0.5%
Mar 2019	53.29%	-5.0%
Dec 2018	56.12%	-7.4%
Sep 2018	60.60%	+6.5%
Jun 2018	56.89%	-10.1%
Mar 2018	63.27%	+0.9%
Dec 2017	62.71%	+0.3%
Sep 2017	62.51%	+6.4%
Jun 2017	58.75%	+9.5%
Mar 2017	53.64%	-8.0%

Month	Value	Change
Dec 2016	58.28%	+0.4%
Sep 2016	58.04%	-11.1%
Jun 2016	65.30%	-1.8%
Mar 2016	66.52%	+10.2%
Dec 2015	60.38%	+1.7%
Sep 2015	59.35%	+13.3%
Jun 2015	52.38%	-9.3%
Mar 2015	57.73%	+7.9%
Dec 2014	53.51%	-4.7%
Sep 2014	56.15%	-12.0%
Jun 2014	63.83%	+8.3%
Mar 2014	58.92%	-4.9%
Dec 2013	61.94%	+37.7%
Sep 2013	44.98%	-14.3%
Jun 2013	52.50%	-1.4%
Mar 2013	53.27%	-4.0%
Dec 2012	55.49%	-23.7%
Sep 2012	72.77%	+26.1%
Jun 2012	57.71%	+0.3%
Mar 2012	57.54%	+1.1%
Dec 2011	56.92%	-10.6%
Sep 2011	63.68%	+1.0%
Jun 2011	63.06%	+2.4%
Mar 2011	61.61%	-3.1%
Dec 2010	63.55%	+3.7%
Sep 2010	61.31%	-7.6%
Dec 2009	66.34%	-5.1%
Sep 2009	69.90%	-8.6%
Jun 2009	76.44%	+4.4%
Mar 2009	73.20%	-1.9%
Dec 2008	74.58%	-5.1%
Sep 2008	78.57%	0.0%
Jun 2008	78.57%	-9.3%
Mar 2008	86.67%	-3.8%
Dec 2007	90.14%	-

FAQ

What is the current TTM payout ratio of NWE?
As of today, NWE TTM payout ratio is 74.73%
What is NWE TTM payout ratio most recent change?
NWE TTM payout ratio remained unchanged on January 9, 2026
What is 1-year change in NWE TTM payout ratio?
NWE TTM payout ratio is up +5.02% year-over-year
How far is NWE TTM payout ratio from its all-time high?
NWE TTM payout ratio is currently -35.20% below its historical high of 115.32% set on December 28, 2007
How does NWE TTM payout ratio rank versus sector peers?
NWE TTM payout ratio is higher than 82.14% of companies in Utilities sector
When is NWE next earnings release?
The next earnings release for NWE is on February 12, 2026
What is NWE next ex-dividend date?
As of today, the next dividend for NWE has not been scheduled

Quarterly Payout Ratio

105.57%84.50%-44.46%

September 30, 2025

Summary

Current Value: As of today, NWE quarterly payout ratio is 105.57%, down -44.46% on September 30, 2025
Historical Performance: NWE quarterly payout ratio is up +24.65% year-over-year, and down -17.86% over the past 3 years
All-Time High Comparison: NWE quarterly payout ratio is currently -84.55% below its historical high of 683.33% set on September 30, 1996
3-Year Low Comparison: NWE quarterly payout ratio is +125.05% above its 3-year low of 46.91% reached on December 31, 2023
Sector Comparison: NWE quarterly payout ratio is higher than 88.99% of companies in Utilities sector

Performance

NWE Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 25	105.57%	-44.5%	+24.6%	-17.9%	+3.4%
Annual Payout Ratio	Dec 31, 24	70.76%	–	-10.8%	+2.9%	+24.2%
TTM Payout Ratio	Jan 9, 26	74.73%	+0.4%	+5.0%	-4.5%	-4.6%
Price	Jan 9, 26	$66.01	+13.2%	+25.8%	+12.7%	+16.0%
TTM Dividend Yield	Jan 9, 26	4.00%	-11.3%	-19.4%	-7.0%	-5.2%
Quarterly Dividends Paid	Sep 30, 25	$40.36M	+0.0%	+1.8%	+14.8%	+34.1%
TTM Dividend Per Share	Jan 9, 26	$2.64	+0.4%	+1.5%	+4.8%	+10.0%
Quarterly Free Cash Flow	Sep 30, 25	-$26.88M	+62.0%	+19.0%	+64.4%	-737.7%
Quarterly Revenue	Sep 30, 25	$386.95M	+12.9%	+12.1%	+15.5%	+37.9%
Quarterly EPS	Sep 30, 25	$0.62	+79.9%	-18.6%	+28.5%	+6.8%

Quarterly Payout Ratio Highs

NWE Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	190.07%	Jun 30, 25	-44.5%
3Y	198.93%	Jun 30, 23	-46.9%
5Y	198.93%	Jun 30, 23	-46.9%
All	683.33%	Sep 30, 96	-84.5%

Quarterly Payout Ratio Lows

NWE Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	49.24%	N/A	+114.4%
3Y	46.91%	Dec 31, 23	+125.0%
5Y	46.91%	Dec 31, 23	+125.0%
All	-804.76%	Jun 30, 99	+113.1%

Quarterly Payout Ratio History

Month	Value	Change
Sep 2025	105.57%	-44.5%
Jun 2025	190.07%	+262.8%
Mar 2025	52.39%	+6.4%
Dec 2024	49.24%	-41.9%
Sep 2024	84.69%	-32.4%
Jun 2024	125.24%	+105.7%
Mar 2024	60.89%	+29.8%
Dec 2023	46.91%	-64.7%
Sep 2023	132.82%	-33.2%
Jun 2023	198.93%	+227.0%
Mar 2023	60.84%	+9.5%
Dec 2022	55.56%	-56.8%
Sep 2022	128.52%	+12.9%
Jun 2022	113.83%	+98.5%
Mar 2022	57.35%	-11.7%
Dec 2021	64.93%	-29.3%
Sep 2021	91.85%	+7.9%
Jun 2021	85.12%	+72.5%
Mar 2021	49.35%	-12.2%
Dec 2020	56.19%	-45.0%
Sep 2020	102.11%	-27.1%
Jun 2020	139.98%	+135.9%
Mar 2020	59.33%	+23.6%
Dec 2019	47.99%	-63.9%
Sep 2019	132.81%	+119.9%
Jun 2019	60.39%	+52.8%
Mar 2019	39.53%	-4.4%
Dec 2018	41.33%	-57.6%
Sep 2018	97.47%	+56.3%
Jun 2018	62.37%	+35.4%
Mar 2018	46.06%	-14.0%
Dec 2017	53.53%	-22.8%
Sep 2017	69.31%	-40.0%
Jun 2017	115.45%	+159.2%
Mar 2017	44.54%	-14.6%
Dec 2016	52.13%	-2.9%
Sep 2016	53.70%	-20.2%
Jun 2016	67.31%	+12.2%
Mar 2016	60.00%	+17.9%
Dec 2015	50.90%	-45.9%
Sep 2015	94.06%	+30.2%
Jun 2015	72.27%	+66.1%
Mar 2015	43.51%	-13.0%
Dec 2014	50.02%	-2.5%
Sep 2014	51.29%	-74.3%
Jun 2014	199.92%	+489.6%
Mar 2014	33.91%	-39.3%
Dec 2013	55.88%	-39.6%
Sep 2013	92.52%	-8.2%
Jun 2013	100.81%	+169.6%
Mar 2013	37.39%	+60.6%
Dec 2012	23.28%	+106.4%
Sep 2012	-362.06%	-405.2%
Jun 2012	118.63%	+184.6%
Mar 2012	41.69%	+9.6%
Dec 2011	38.04%	-56.3%
Sep 2011	87.13%	-26.3%
Jun 2011	118.30%	+197.0%
Mar 2011	39.83%	-26.7%
Dec 2010	54.32%	-36.2%
Sep 2010	85.08%	+80.8%
Dec 2009	47.06%	-26.2%
Sep 2009	63.78%	-67.7%

Month	Value	Change
Jun 2009	197.44%	+274.2%
Mar 2009	52.77%	-5.3%
Dec 2008	55.75%	-39.1%
Sep 2008	91.60%	-32.3%
Jun 2008	135.34%	+146.8%
Mar 2008	54.84%	-21.4%
Dec 2007	69.75%	-24.2%
Sep 2007	92.05%	-80.0%
Jun 2007	459.53%	+691.6%
Mar 2007	58.05%	-58.4%
Dec 2006	139.44%	+44.3%
Sep 2006	96.60%	+124.7%
Jun 2006	-391.04%	-843.7%
Mar 2006	52.58%	+30.9%
Dec 2005	40.18%	-58.1%
Sep 2005	95.95%	-22.0%
Jun 2005	122.97%	+188.7%
Mar 2005	42.59%	>+9,900.0%
Dec 2004	0.00%	0.0%
Sep 2004	0.00%	0.0%
Jun 2004	0.00%	0.0%
Mar 2004	0.00%	0.0%
Dec 2003	0.00%	0.0%
Sep 2003	0.00%	0.0%
Jun 2003	0.00%	0.0%
Mar 2003	0.00%	+100.0%
Dec 2002	-1.76%	-100.6%
Sep 2002	279.01%	-8.6%
Jun 2002	305.12%	-42.5%
Mar 2002	530.89%	>+9,900.0%
Dec 2001	-1.32%	-108.9%
Sep 2001	14.77%	-10.6%
Jun 2001	16.52%	+130.0%
Mar 2001	-55.05%	-617.7%
Dec 2000	-7.67%	-136.4%
Sep 2000	21.09%	+151.0%
Jun 2000	-41.34%	-213.8%
Mar 2000	36.32%	-36.7%
Dec 1999	57.34%	+127.3%
Sep 1999	-210.01%	+73.9%
Jun 1999	-804.76%	-3,603.5%
Mar 1999	22.97%	-60.3%
Dec 1998	57.80%	+133.6%
Sep 1998	-171.86%	+0.3%
Jun 1998	-172.31%	-883.9%
Mar 1998	21.98%	-68.5%
Dec 1997	69.84%	-38.5%
Sep 1997	113.51%	-30.8%
Jun 1997	164.00%	+282.6%
Mar 1997	42.86%	+5.6%
Dec 1996	40.59%	-94.1%
Sep 1996	683.33%	+361.2%
Jun 1996	148.15%	+355.3%
Mar 1996	32.54%	-56.9%
Dec 1995	75.51%	-44.3%
Sep 1995	135.48%	+23.2%
Jun 1995	110.00%	+136.7%
Mar 1995	46.48%	-45.1%
Dec 1994	84.62%	-65.6%
Sep 1994	246.15%	+69.2%
Jun 1994	145.45%	+263.6%
Mar 1994	40.00%	-

FAQ

What is the current quarterly payout ratio of NWE?
As of today, NWE quarterly payout ratio is 105.57%
What is NWE quarterly payout ratio most recent change?
NWE quarterly payout ratio was down -44.46% on September 30, 2025
What is 1-year change in NWE quarterly payout ratio?
NWE quarterly payout ratio is up +24.65% year-over-year
How far is NWE quarterly payout ratio from its all-time high?
NWE quarterly payout ratio is currently -84.55% below its historical high of 683.33% set on September 30, 1996
How does NWE quarterly payout ratio rank versus sector peers?
NWE quarterly payout ratio is higher than 88.99% of companies in Utilities sector
When is NWE next earnings release?
The next earnings release for NWE is on February 12, 2026
What is NWE next ex-dividend date?
As of today, the next dividend for NWE has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

× 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