NorthWestern Energy Group, Inc. (NWE)
OvervaluedFundamental
44
Price
$77.59
Market Cap
$4.68B
Part 1 · What the company is worth
Overview
NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,596 miles of electric transmission and 18,946 miles of electric distribution lines with approximately 397 transmission and distribution substations; and 2,133 miles of natural gas transmission and 5,939 miles of natural gas distribution lines with approximately 134 city gate stations in Montana. It also operates 1,344 miles of electric transmission and 2,386 miles of electric distribution lines in South Dakota with approximately 123 transmission and distribution substations; and 55 miles of natural gas transmission, 1,853 miles of natural gas distribution lines in South Dakota, and 836 miles of natural gas distribution lines Nebraska. The company provides electricity and/or natural gas to approximately 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Energy Group, Inc. was incorporated in 1923 and is based in Sioux Falls, South Dakota.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
Otter Tail Power distributes regulated electricity to roughly 57 communities in eastern South Dakota, adjacent to the areas NorthWestern serves, and bids for the same regional wholesale power and new large-load customers.
Through Montana-Dakota Utilities it runs the same combination of regulated electricity and natural gas distribution in Montana and South Dakota, serving towns bordering NorthWestern's own territory and competing for the same industrial gas and power supply contracts.
Its electric utility serves South Dakota and Montana and its gas utility serves Nebraska, overlapping NorthWestern's three states with an almost identical mix of regulated electricity and gas customers.
Balance Sheet & Liquidity
Revenue
$1.69B
Trailing 12 months (through 6/30/2026)
Net Income
$171M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$-130M
Total Equity
$2.89B
Total Liabilities
$5.57B
Current Ratio
0.83
Interest Coverage
-
Debt/EBITDA
6.25
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$52.18
Current Price
$77.59
Margin of Safety
-48.7%
Fair Value Range
$36.86 - $67.50
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
28.01
ROE
6.3%
P/B Ratio
1.65
P/FCF
-
Gross Margin
-
ROIC
3.1%
Profitability Radar
Value Creation (Economic Moat)
ROIC
3.1%
WACC
4.5%
ROIC − WACC
-1.4 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (10)
- P/B ratio 1.65
- Debt/equity ratio
- Operating margin 18.8%
- Current ratio
- Low reliance on intangibles
- Revenue growth 5Y 5.1%
- Earnings surprise, average 5.6%
- Earnings quality (operating cash flow / net income) 2.43
- Share dilution 0.3%
- Piotroski F-Score 6/9
Failed (11)
- EPS shows upward trend
- EPS CAGR -4.94%
- Price CAGR 1.91%
- ROIC 3.1%
- Positive free cash flow
- Debt/EBITDA
- Return on tangible assets
- Price below Graham Number
- DCF valuation (Unknown)
- ROE 5.9%
- Net margin trend 10.1% vs 14.8%
Unavailable (6)
- Gross margin –
- P/FCF –
- Dividend payout –
- CapEx intensity
- Interest coverage
- PEG ratio (needs P/E > 0 and growth > 0)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Share count is stable
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Brian B. Bird | CEO, President & Director | 65 |
| Ms. Crystal Dawn Lail | VP & CFO | 47 |
| Ms. Shannon M. Heim Esq. | VP of Federal Government Affairs & General Counsel | 52 |
| Ms. Bobbi L. Schroeppel | Vice President of Customer Care, Communications & Human Resources | 56 |
| Mr. Jason Merkel | Vice President of Operations | 57 |
| Mr. Travis Meyer | Director of Corporate Finance & Investor Relations Officer | - |
| Ms. Jeanne M. Vold | Vice President of Technology | 58 |
| Mr. Michael L. Nieman | Chief Audit & Compliance Officer | - |
| Mr. Daniel L. Rausch | Treasurer & Corporate Development Officer | - |
| Mr. Timothy P. Olson | Senior Corporate Counsel & Corporate Secretary | - |
Audit Risk
4
Board Risk
1
Compensation Risk
1
Shareholder Rights Risk
7
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-12
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-30
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-09
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much NWE moves, measured on its daily prices.
More volatile than 12% of the tracked stocks (90-day volatility).
- Volatility 30d
- 25.4%
- Volatility 90d
- 22.1%
- Beta vs S&P 500 (1y)
- 0.06Correlation 0.03
- Max drawdown (12m)
- -11.0%
- ATR (14d, % of price)
- 2.21%
Earnings reactions
How NWE moved around its past quarterly results.
Next earnings release
Nov 4, 2026 · In 11 days · Time not known
EPS estimate: 0.73Revenue estimate: $412M
What usually happens
- Over the last 12 releases the stock moved a median of 1.3% the next day, up or down.
- Next-day moves: up 6, down 6 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026 | During the session | 0.44 | 0.50 | +13.6% | -0.8% | -1.2% | -2.1% |
| Apr 30, 2026 | During the session | 1.23 | 1.31 | +6.9% | -0.3% | +1.4% | -0.4% |
| Feb 12, 2026 | After the close | 1.20 | 1.17 | -2.5% | +0.1% | +1.3% | +0.2% |
| Oct 30, 2025 | During the session | 0.76 | 0.79 | +4.4% | -0.1% | +0.3% | +2.0% |
| Jul 31, 2025 | During the session | n/a | n/a | n/a | -0.7% | +2.1% | +4.7% |
| Apr 30, 2025 | During the session | n/a | n/a | n/a | -0.2% | -2.2% | -2.4% |
| Feb 13, 2025 | During the session | n/a | n/a | n/a | -0.7% | -2.3% | -1.1% |
| Oct 30, 2024 | After the close | n/a | n/a | n/a | 0.0% | -0.8% | +1.3% |
| Jul 31, 2024 | During the session | n/a | n/a | n/a | +1.6% | +0.5% | -3.0% |
| Apr 26, 2024 | During the session | n/a | n/a | n/a | +0.4% | -0.7% | +2.2% |
| Feb 15, 2024 | During the session | n/a | n/a | n/a | +1.0% | +5.4% | +5.4% |
| Oct 27, 2023 | During the session | n/a | n/a | n/a | +0.3% | -2.3% | +6.6% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on NWE and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for NWE.