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NorthWestern Energy Group, Inc.

NWEUtilitiesNASDAQ

Utilities - Regulated Electric

PriceMA150MA200
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Indicator snapshot
MA150+5.64%
$67.10

Price above medium-term moving average.

MA200+10.16%
$64.34

Above long-term trend line.

RSI-14neutral
47.8

Balanced. Not overbought, not oversold.

MACDnegative
-0.0806

Histogram negative — downward momentum.

Financials · Annual
Revenue
$1.61B
+6.4% YoY
Net Income
$181.1M
-19.2% YoY
EBITDA
$587.4M
+2.3% YoY
Free Cash Flow
-$187.4M

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About NorthWestern Energy Group, Inc.

Part of the utilities sector, NorthWestern Energy Group, Inc. (NWE) is listed under Utilities - Regulated Electric. The company carries a $4.36B market cap, placing it firmly in the mid-cap category. 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.

Key stats
Market Cap$4.36B
P/E (TTM)26.06
Fwd P/E17.86
EPS$2.72
Beta0.38
52W Change+28.1%
Dividend Yield3.75%
ROE5.8%
Analysis

NorthWestern Energy Group, Inc. carries $3.44B in total debt against $5.9M in cash reserves — debt is roughly 587.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$187.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 5.8% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.4% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $1.48B (2022) to $1.61B (2025).

With a beta below 0.7, NorthWestern Energy Group, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for NorthWestern Energy Group, Inc. and its sector.

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