NorthWestern Energy Group, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that NorthWestern Energy Group, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $414.27M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $373.47M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $356.01M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $425.28M | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | $1.37B | Feb 15, 2024 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $44.69M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $80.55M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $83.14M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $66.74M | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | $186.84M | Feb 15, 2024 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $60.02M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $91.70M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $103.16M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $83.23M | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | $275.68M | Feb 15, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $394.46M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $406.74M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $489.23M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $307.24M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $219.98M | Feb 15, 2024 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $524.46M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $549.24M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $566.89M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $515.14M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $434.33M | Feb 15, 2024 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.46B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $8.00B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $7.60B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $7.32B | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | $6.78B | Feb 15, 2024 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.57B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $5.14B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $4.82B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $4.65B | Feb 15, 2024 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.89B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $2.86B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $2.79B | Feb 12, 2026 |
| FY2025 | Dec 31, 2022 | $2.67B | Feb 12, 2026 |
| FY2024 | Dec 31, 2021 | $2.34B | Feb 13, 2025 |
| FY2023 | Dec 31, 2020 | $2.08B | Feb 15, 2024 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $367.64M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $357.59M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $357.59M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $357.59M | Feb 15, 2024 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $896.72M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $877.02M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $811.50M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $771.41M | Feb 15, 2024 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.78M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.28M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $9.16M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $8.49M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $2.82M | Feb 15, 2024 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.29B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $3.00B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $2.78B | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | $2.62B | Feb 15, 2024 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | 1 | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | 1 | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | 3 | Feb 15, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | 1 | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | 1 | Feb 15, 2024 |
| FY2023 | Dec 31, 2021 | 3 | Feb 15, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 61.42M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 61.32M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | 61.25M | Feb 13, 2025 |
| FY2023 | Dec 31, 2022 | 59.74M | Feb 15, 2024 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $161.39M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $158.59M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $154.05M | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $140.06M | Feb 13, 2025 |
| FY2023 | Dec 31, 2021 | $128.48M | Feb 15, 2024 |