Northwestern Energy Group Inc (NWE) is a publicly traded company in the Utilities — Regulated Electric industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NorthWestern Corporation, which conducts business under the name NorthWestern Energy, supplies electricity and natural gas to residential, commercial, and diverse industrial clients. The company organizes its operations into two primary divisions: Electric and Natural Gas. In its Electric segment, NorthWestern Energy is responsible for generating, procuring, transmitting, and distributing electrical power.
Is Northwestern Energy Group Inc stock overvalued or undervalued in 2026?
Northwestern Energy Group Inc (NWE) trades at 28.4× earnings (P/E), above the median of the 83 utilities companies over $2bn in Kaplio's universe. At the decade median (17.3×) $48 (-39 %); at its sector median (20.7×) $57 (-27 %).
Kaplio overview: Northwestern Energy Group Inc
Market cap $5B · 52 weeks $60 – $80 (0 % below the high) · P/E 28.4× · 2027 expected P/E 19.8× · Dividend 3.5 % · 11 years rising · Next earnings November 4, 2026 · expected EPS $0.73 · Closing price, Oct 28 · accounts published Jul 29.
- Valuation: P/E 28.4× (expensive).
- Business: ROE 5.9 % (weak).
- Balance sheet: Net debt/EBITDA 5.8× (watch).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (17.3×) $48 (-39 %); at its sector median (20.7×) $57 (-27 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in utilities: 0 of 6 pass
- Regulated ROE (8-12%) 5.9 %, fails.
- 5y EPS growth −0.8 %, fails.
- 10y dividend growth 3.3 %, fails.
- Interest coverage 2.2×, fails.
- Payout Ratio 89.1 %, fails.
- Net debt / EBITDA 5.8×, borderline.
Against its peers (reference peers) — Northwestern Energy Group Inc: P/E 28.4×; EV/EBITDA 14.2×; ROIC 3.9 %; $4.8B. IDACORP, Inc. (P/E 23.1×; EV/EBITDA 14.7×; ROIC 3.6 %; $8.1B), OGE Energy Corp. (P/E 21.4×; EV/EBITDA 11.8×; ROIC 4.8 %; $10.1B), CMS Energy Corporation (P/E 23.9×; EV/EBITDA 13.6×; ROIC -61.7 %; $21.4B).
Expensive or cheap against its last ten years?
P/E at each close: today 28.4× · median 17.3× · minimum 12.0× · maximum 28.8× · cheap below 15.8× · expensive above 18.8×. It has been cheaper than today 100% of the time over its last ten years.
Dividend
fragile · Yield 3.5 % ($2.63 per share in 2025) · Years raising it ≥ 11 · 5-year growth +2 % a year · Free cash flow coverage -0.7× · With $1,000 invested today you'd collect $34.60 a year ($2.88 a month).
Profitability
| Return on Equity | 5.92% |
| Return on Invested Capital | 3.85% |
| Return on Assets | 1.97% |
| Gross Margin | 66.49% |
| Operating Margin | 18.84% |
| Net Margin | 10.13% |
Financial Health
| Debt / Equity | 1.24 |
| Current Ratio | 0.83 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.86 |
Price Performance
| 1 month | +16.28% |
| 3 months | +16.19% |
| Year-to-date | +23.75% |
| 1 year | +33.49% |
| 3 years | +68.43% |
| 5 years | +40.47% |
| 10 years | +38.78% |
Dividend History
Paid in the last 12 months: $2.6700 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-17 | $0.6700 |
| 2026-06-15 | $0.6700 |
| 2026-03-13 | $0.6700 |
| 2025-12-15 | $0.6600 |
| 2025-09-15 | $0.6600 |
| 2025-06-13 | $0.6600 |
| 2025-03-14 | $0.6600 |
| 2024-12-13 | $0.6500 |
| 2024-09-13 | $0.6500 |
| 2024-06-14 | $0.6500 |
Amounts adjusted for stock splits.
Related companies: SO · DUK · WEC · CNP · CMS · OGE · IDA · BKH
Explore sector: Utilities · Regulated Electric
More sections of NWE: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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