marketcaparena
Search

    NWE

    NorthWestern Energy Group, Inc.

    Company overview

    Market capitalization
    $4.19B
    Employees
    1,667
    Latest publication
    2026-09-29
    About NorthWestern Energy Group, Inc.

    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.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue392,599,000USD497,570,000USD414,264,000USD386,952,000USD342,700,000USD466,630,000USD373,466,000USD345,161,000USD
    Cost Of Revenue219,019,000USD212,396,000USD211,094,000USD64,139,000USD137,700,000USD194,906,000USD155,148,000USD143,754,000USD
    Gross Profit173,580,000USD285,174,000USD203,170,000USD322,813,000USD205,000,000USD271,724,000USD218,318,000USD201,407,000USD
    General And Administrative Expenses42,356,000USD———————
    Total Operating Expenses109,334,000USD171,063,000USD143,146,000USD242,532,000USD144,300,000USD146,997,000USD126,622,000USD133,474,000USD
    Operating Income64,246,000USD114,111,000USD60,024,000USD80,281,000USD60,700,000USD124,727,000USD91,696,000USD67,933,000USD
    Total Other Income Expense Net-35,786,000USD-36,859,000USD-36,236,000USD-33,258,000USD-36,100,000USD-32,583,000USD-31,993,000USD-24,281,000USD
    Interest Expense40,332,000USD40,029,000USD39,225,000USD38,361,000USD36,300,000USD36,511,000USD35,422,000USD33,397,000USD
    Depreciation And Amortization66,978,000USD66,831,000USD61,914,000USD62,800,000USD62,400,000USD62,400,000USD57,005,000USD56,954,000USD
    Income Before Tax28,460,000USD77,252,000USD23,788,000USD47,023,000USD24,600,000USD92,144,000USD59,703,000USD43,652,000USD
    Income Tax Expense3,466,000USD13,796,000USD-20,903,000USD8,790,000USD3,400,000USD15,200,000USD-20,849,000USD-3,167,000USD
    Net Income24,994,000USD63,456,000USD44,691,000USD38,233,000USD21,200,000USD76,940,000USD80,552,000USD46,819,000USD
    Selling General Administrative—46,119,000USD36,403,000USD46,702,000USD33,773,000USD41,357,000USD30,787,000USD34,924,000USD
    Unclassified Operating Expenses—124,944,000USD106,743,000USD195,830,000USD110,527,000USD105,640,000USD95,049,000USD98,550,000USD
    Net Interest Income—-39,916,000USD-39,225,000USD-38,361,000USD-36,254,000USD-36,511,000USD-35,422,000USD-33,397,000USD
    Tax Provision—13,796,000USD-20,903,000USD8,790,000USD3,382,000USD15,204,000USD-20,849,000USD-3,167,000USD
    Net Income From Continuing Ops—63,456,000USD44,691,000USD38,233,000USD21,228,000USD76,940,000USD80,552,000USD46,819,000USD
    Ebit—117,281,000USD63,013,000USD85,384,000USD60,800,000USD128,600,000USD95,125,000USD77,162,000USD
    Ebitda—184,112,000USD124,927,000USD148,184,000USD123,200,000USD191,000,000USD152,130,000USD134,116,000USD
    Reconciled Depreciation—66,831,000USD61,914,000USD62,833,000USD62,379,000USD62,400,000USD57,005,000USD56,954,000USD
    Selling And Marketing Expenses——————786,000USD—
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Revenue1,610,559,000USD1,513,898,000USD1,422,143,000USD1,477,837,000USD1,372,316,000USD1,198,670,000USD1,257,910,000USD1,192,009,000USD
    Cost Of Revenue284,924,000USD227,836,000USD640,786,000USD713,438,000USD425,548,000USD306,190,000USD527,072,000USD272,883,000USD
    Gross Profit1,325,635,000USD1,286,062,000USD781,357,000USD764,399,000USD946,768,000USD892,480,000USD730,838,000USD919,126,000USD
    Selling General Administrative158,235,000USD137,437,000USD117,360,000USD113,776,000USD101,873,000USD297,115,000USD109,177,000USD307,119,000USD
    Unclassified Operating Expenses841,582,000USD825,304,000USD359,977,000USD387,520,000USD569,214,000USD359,161,000USD337,211,000USD345,735,000USD
    Total Operating Expenses999,817,000USD962,741,000USD480,902,000USD501,320,000USD671,087,000USD656,276,000USD453,988,000USD652,854,000USD
    Operating Income325,818,000USD323,321,000USD300,455,000USD263,079,000USD275,681,000USD236,204,000USD276,850,000USD266,272,000USD
    Interest Expense150,351,000USD131,673,000USD114,617,000USD100,110,000USD93,674,000USD96,812,000USD95,068,000USD91,988,000USD
    Net Interest Income-150,351,000USD-131,673,000USD-114,617,000USD-100,110,000USD-93,674,000USD-96,812,000USD-95,068,000USD-91,988,000USD
    Income Before Tax187,565,000USD214,672,000USD201,670,000USD182,403,000USD190,259,000USD144,245,000USD182,195,000USD178,250,000USD
    Income Tax Expense6,473,000USD-9,439,000USD7,539,000USD-605,000USD3,419,000USD-10,970,000USD-19,925,000USD-18,710,000USD
    Tax Provision6,473,000USD-9,439,000USD7,539,000USD-605,000USD3,419,000USD-10,970,000USD-19,925,000USD-18,710,000USD
    Net Income181,092,000USD224,111,000USD194,131,000USD183,008,000USD186,840,000USD155,215,000USD202,120,000USD196,960,000USD
    Net Income From Continuing Ops181,092,000USD224,111,000USD194,131,000USD183,008,000USD186,840,000USD155,215,000USD202,120,000USD196,960,000USD
    Ebit337,916,000USD346,797,000USD315,675,000USD282,513,000USD283,933,000USD241,057,000USD269,250,000USD266,486,000USD
    Ebitda587,442,000USD574,432,000USD526,149,000USD477,533,000USD471,400,000USD420,701,000USD442,173,000USD440,962,000USD
    Depreciation And Amortization249,526,000USD227,635,000USD210,474,000USD195,020,000USD187,467,000USD179,644,000USD172,923,000USD174,476,000USD
    Reconciled Depreciation249,526,000USD227,635,000USD210,474,000USD195,020,000USD187,467,000USD179,644,000USD172,923,000USD174,476,000USD
    Total Other Income Expense Net-138,253,000USD-108,649,000USD-98,785,000USD-80,676,000USD-85,422,000USD-91,959,000USD-94,655,000USD-88,022,000USD
    Selling And Marketing Expenses——3,565,000USD24,000USD——7,600,000USD—
    Non Operating Income Net Other———19,434,000USD—4,853,000USD413,000USD3,966,000USD
    Net Income Applicable To Common Shares———183,008,000USD186,800,000USD155,215,000USD202,120,000USD196,960,000USD
    Interest Income——————95,068,000USD91,988,000USD
    Research Development———————0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets8,703,701,000USD8,582,506,000USD8,459,691,000USD8,298,732,000USD8,135,967,000USD8,101,411,000USD7,997,524,000USD7,854,074,000USD
    Cash And Equivalents4,180,000USD———————
    Total Current Assets481,649,000USD513,172,000USD503,942,000USD443,896,000USD403,080,000USD472,827,000USD418,186,000USD368,420,000USD
    Other Current Assets36,312,000USD173,965,000USD152,904,000USD143,628,000USD119,823,000USD109,707,000USD103,199,000USD100,139,000USD
    Other Non Current Assets173,495,000USD———————
    Total Liabilities5,808,364,000USD———————
    Total Current Liabilities583,046,000USD730,922,000USD697,451,000USD684,570,000USD537,432,000USD397,638,000USD802,200,000USD813,266,000USD
    Other Current Liabilities294,896,000USD———————
    Other Non Current Liabilities322,298,000USD———————
    Total Stockholder Equity2,895,337,000USD2,908,884,000USD2,885,740,000USD2,879,974,000USD2,879,676,000USD2,896,368,000USD2,857,700,000USD2,816,462,000USD
    Total Equity Including Noncontrolling Interest2,895,337,000USD———————
    Short Long Term Debt44,996,000USD254,983,000USD254,967,000USD254,951,000USD159,964,000USD—399,950,000USD399,918,000USD
    Long Term Debt3,442,174,000USD3,177,528,000USD3,181,040,000USD3,044,194,000USD3,029,611,000USD3,130,596,000USD2,695,343,000USD2,567,940,000USD
    Net Receivables168,782,000USD199,275,000USD209,751,000USD159,063,000USD154,923,000USD187,489,000USD187,764,000USD144,186,000USD
    Inventory145,986,000USD134,071,000USD132,506,000USD135,002,000USD125,398,000USD119,606,000USD122,940,000USD121,568,000USD
    Property Plant Equipment Net6,902,094,000USD6,794,000,000USD6,738,849,000USD6,661,515,000USD6,531,509,000USD6,428,850,000USD6,398,275,000USD6,304,721,000USD
    Goodwill367,635,000USD———————
    Accounts Payable114,802,000USD121,796,000USD129,633,000USD93,536,000USD93,744,000USD88,453,000USD111,794,000USD93,748,000USD
    Common Stock650,000USD650,000USD649,000USD649,000USD649,000USD649,000USD648,000USD648,000USD
    Retained Earnings903,067,000USD919,137,000USD896,720,000USD892,403,000USD894,531,000USD913,650,000USD877,017,000USD836,129,000USD
    Accumulated Other Comprehensive Income-5,838,000USD-5,949,000USD-6,061,000USD-6,361,000USD-6,472,999USD-6,590,000USD-6,704,000USD-7,318,000USD
    Total Liab—5,673,622,000USD5,573,951,000USD5,418,758,000USD5,256,291,000USD5,205,043,000USD5,139,824,000USD5,037,612,000USD
    Other Current Liab—502,299,000USD201,387,000USD333,285,000USD279,993,000USD309,185,000USD188,609,000USD316,071,000USD
    Capital Stock—650,000USD649,000USD649,000USD649,000USD649,000USD648,000USD648,000USD
    Good Will—367,635,000USD367,635,000USD367,929,000USD357,586,000USD357,586,000USD357,586,000USD357,586,000USD
    Cash—5,861,000USD8,781,000USD6,203,000USD2,936,000USD56,025,000USD4,283,000USD2,527,000USD
    Cash And Short Term Investments—5,861,000USD8,781,000USD6,203,000USD2,936,000USD56,025,000USD4,283,000USD2,527,000USD
    Net Debt—3,278,494,000USD3,429,091,000USD3,295,740,000USD3,190,370,000USD3,079,166,000USD3,096,471,000USD2,971,658,000USD
    Short Term Debt—106,827,000USD256,832,000USD257,749,000USD163,695,000USD—403,546,000USD403,447,000USD
    Short Long Term Debt Total—3,284,355,000USD3,437,872,000USD3,301,943,000USD3,193,306,000USD3,135,191,000USD3,100,754,000USD2,974,185,000USD
    Common Stock Shares Outstanding—61,632,000shares62,082,000shares61,395,000shares61,400,000shares61,339,000shares61,293,000shares61,397,000shares
    Non Current Assets Total—8,069,334,000USD7,955,749,000USD7,854,836,000USD7,732,887,000USD7,628,584,000USD7,579,338,000USD7,485,654,000USD
    Non Current Liabilities Total—4,942,700,000USD4,876,500,000USD4,734,188,000USD4,718,859,000USD4,807,405,000USD4,337,624,000USD4,224,346,000USD
    Non Current Liabilities Other—321,353,000USD62,221,000USD287,127,000USD311,912,000USD317,607,000USD78,117,000USD348,166,000USD
    Non Currrent Assets Other—907,699,000USD849,265,000USD825,392,000USD843,792,000USD842,148,000USD823,477,000USD183,265,000USD
    Net Working Capital—-217,750,000USD-193,509,000USD-240,674,000USD-134,352,000USD75,189,000USD-384,014,000USD-444,846,000USD
    Unclassified Current Liabilities—-254,983,000USD-164,000,000USD-254,951,000USD-159,964,000USD—-318,234,000USD-399,918,000USD
    Unclassified Non Current Liabilities—1,443,819,000USD1,633,239,000USD1,402,867,000USD1,377,336,000USD1,359,202,000USD1,564,164,000USD1,308,240,000USD
    Unclassified Equity—1,994,396,000USD1,993,783,000USD1,992,634,000USD1,990,319,999USD1,988,010,000USD1,986,091,000USD1,986,355,000USD
    Current Deferred Revenue——18,632,000USD———16,535,000USD—
    Property Plant Equipment Gross——9,285,271,000USD———8,778,105,000USD—
    Short Term Investments———————25,365,000USD
    Unclassified Current Assets———————-25,365,000USD
    Unclassified Non Current Assets———————640,082,000USD
    SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets8,459,691,000USD7,997,524,000USD7,600,652,000USD7,317,783,000USD6,780,443,000USD6,389,449,000USD5,910,600,000USD5,644,376,000USD
    Other Current Assets152,904,000USD103,199,000USD71,046,000USD178,024,000USD155,690,000USD73,630,000USD68,300,000USD56,637,000USD
    Total Liab5,573,951,000USD5,139,824,000USD4,815,338,000USD4,652,600,000USD4,440,730,000USD4,310,354,000USD3,871,500,000USD3,701,994,000USD
    Total Stockholder Equity2,885,740,000USD2,857,700,000USD2,785,314,000USD2,665,183,000USD2,339,713,000USD2,079,095,000USD2,039,100,000USD1,942,382,000USD
    Other Current Liab292,354,000USD188,609,000USD200,362,000USD149,494,000USD146,349,000USD157,927,000USD235,100,000USD255,370,000USD
    Common Stock649,000USD648,000USD648,000USD633,000USD576,000USD541,000USD541,000USD539,000USD
    Capital Stock649,000USD648,000USD648,000USD633,000USD576,000USD541,000USD541,000USD539,000USD
    Retained Earnings896,720,000USD877,017,000USD811,495,000USD771,414,000USD728,468,000USD670,111,000USD635,246,000USD548,253,000USD
    Good Will367,635,000USD357,586,000USD357,586,000USD357,586,000USD357,586,000USD357,586,000USD357,586,000USD357,586,000USD
    Cash8,781,000USD4,283,000USD9,164,000USD8,489,000USD2,820,000USD5,811,000USD5,100,000USD7,860,000USD
    Cash And Short Term Investments8,781,000USD4,283,000USD9,164,000USD8,489,000USD2,820,000USD5,811,000USD5,100,000USD7,860,000USD
    Total Current Assets503,942,000USD418,186,000USD407,006,000USD538,824,000USD437,795,000USD308,680,000USD301,600,000USD277,685,000USD
    Total Current Liabilities697,451,000USD802,200,000USD534,898,000USD620,845,000USD379,642,000USD466,423,000USD334,300,000USD347,009,000USD
    Current Deferred Revenue18,632,000USD16,535,000USD27,656,000USD26,137,000USD29,013,000USD16,015,000USD—216,792,000USD
    Net Debt3,429,091,000USD3,096,471,000USD2,784,220,000USD2,622,290,000USD2,553,430,000USD2,426,889,000USD2,248,100,000USD2,116,698,000USD
    Short Term Debt256,832,000USD403,546,000USD103,288,000USD147,623,000USD2,875,000USD102,668,000USD2,500,000USD4,596,000USD
    Short Long Term Debt254,967,000USD399,950,000USD99,950,000USD144,525,000USD—100,000,000USD——
    Short Long Term Debt Total3,437,872,000USD3,100,754,000USD2,793,384,000USD2,630,779,000USD2,556,250,000USD2,432,700,000USD2,253,220,000USD2,124,558,000USD
    Long Term Debt3,181,040,000USD2,695,343,000USD2,684,635,000USD2,474,357,000USD2,541,478,000USD2,315,261,000USD2,233,281,000USD2,102,345,000USD
    Net Receivables209,751,000USD187,764,000USD212,257,000USD244,952,000USD198,671,000USD168,229,000USD167,400,000USD162,373,000USD
    Inventory132,506,000USD122,940,000USD114,539,000USD107,359,000USD80,614,000USD61,010,000USD53,900,000USD50,815,000USD
    Accounts Payable129,633,000USD111,794,000USD124,340,000USD201,498,000USD115,237,000USD100,388,000USD96,700,000USD87,043,000USD
    Property Plant Equipment Net6,738,849,000USD6,398,275,000USD6,039,801,000USD5,657,480,000USD5,247,232,000USD4,952,935,000USD5,251,400,000USD4,521,318,000USD
    Property Plant Equipment Gross9,285,271,000USD8,778,105,000USD8,299,873,000USD7,843,783,000USD7,317,269,000USD4,952,935,000USD4,700,924,000USD4,521,318,000USD
    Accumulated Other Comprehensive Income-6,061,000USD-6,704,000USD-7,656,000USD-7,848,000USD-7,310,000USD-7,269,000USD-9,648,000USD-9,934,000USD
    Common Stock Shares Outstanding61,381,000shares61,374,000shares60,357,793shares56,292,110shares51,872,226shares50,704,389shares50,751,858shares50,237,000shares
    Non Current Assets Total7,955,749,000USD7,579,338,000USD7,193,646,000USD6,778,959,000USD6,342,648,000USD6,080,769,000USD5,609,000,000USD5,366,691,000USD
    Non Current Liabilities Total4,876,500,000USD4,337,624,000USD4,280,440,000USD4,031,755,000USD4,061,088,000USD3,843,931,000USD3,537,200,000USD3,354,985,000USD
    Non Current Liabilities Other62,221,000USD78,117,000USD89,210,000USD113,521,000USD130,643,000USD1,056,893,000USD838,635,000USD838,107,000USD
    Non Currrent Assets Other849,265,000USD823,477,000USD796,259,000USD763,893,000USD737,830,000USD770,248,000USD66,334,000USD50,206,000USD
    Net Working Capital-193,509,000USD-384,014,000USD-127,892,000USD-82,021,000USD58,153,000USD-157,743,000USD-32,540,000USD-69,324,000USD
    Unclassified Current Liabilities-254,967,000USD-318,234,000USD-20,698,000USD-48,432,000USD86,168,000USD-10,575,000USD—-216,792,000USD
    Unclassified Non Current Liabilities1,633,239,000USD1,564,164,000USD1,506,595,000USD-643,705,000USD-809,432,000USD-1,513,899,000USD-1,267,020,000USD-1,212,810,000USD
    Unclassified Equity1,993,783,000USD1,986,091,000USD1,980,179,000USD1,998,743,000USD1,617,403,000USD1,513,246,000USD1,508,435,000USD1,498,531,000USD
    Deferred Long Term Liab———538,983,000USD690,686,000USD471,777,000USD447,986,000USD394,618,000USD
    Other Liab———1,548,599,000USD1,507,713,000USD1,513,899,000USD1,284,318,000USD1,232,725,000USD
    Other Assets———763,893,000USD737,830,000USD752,048,000USD528,583,000USD487,787,000USD
    Treasury Stock———-98,392,000USD—-98,075,000USD-96,015,000USD-95,546,000USD
    Net Tangible Assets———2,307,597,000USD1,982,127,000USD1,721,509,000USD1,681,508,000USD1,584,796,000USD
    Unclassified Non Current Assets———-763,893,000USD-737,830,000USD-752,048,000USD-613,117,000USD-68,406,000USD
    Intangible Assets——————14,000USD—
    Long Term Investments——————18,200,000USD18,200,000USD
    Unclassified Current Assets——————6,900,000USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income63,456,000USD44,691,000USD38,233,000USD21,228,000USD76,940,000USD80,552,000USD46,819,000USD31,654,000USD
    Stock Based Compensation2,045,000USD933,000USD1,884,000USD1,884,000USD2,284,000USD-570,000USD1,494,000USD1,746,000USD
    Other Non Cash Items65,874,000USD29,127,000USD-2,196,000USD60,112,000USD-658,000USD-2,147,000USD51,598,000USD-3,936,000USD
    Change To Account Receivables10,476,000USD-50,688,000USD-2,636,000USD32,566,000USD275,000USD-43,578,000USD5,314,000USD37,427,000USD
    Change To Inventory-1,565,000USD2,496,000USD-6,225,000USD-5,793,000USD3,335,000USD-1,372,000USD-6,613,000USD-11,112,000USD
    Change In Working Capital13,899,000USD-63,932,000USD18,995,000USD-30,043,000USD-645,000USD-55,906,000USD25,875,000USD-28,049,000USD
    Total Cash From Operating Activities159,414,000USD56,181,000USD126,673,000USD58,209,000USD153,392,000USD62,837,000USD119,961,000USD62,266,000USD
    Capital Expenditures-116,080,000USD-149,923,000USD-153,555,000USD-128,854,000USD-92,124,000USD-148,733,000USD-153,150,000USD-138,607,000USD
    Free Cash Flow43,334,000USD-93,742,000USD-26,882,000USD-70,645,000USD61,268,000USD-85,896,000USD-33,189,000USD-76,341,000USD
    Investments0USD-2,147,000USD-191,806,000USD-130,048,000USD-96,708,000USD-149,353,000USD-156,832,000USD-139,282,000USD
    Total Cashflows From Investing Activities-116,080,000USD-152,070,000USD-191,806,000USD-130,048,000USD-96,708,000USD-149,353,000USD-156,832,000USD-139,282,000USD
    Net Borrowings-4,000,000USD137,077,000USD109,000,000USD59,000,000USD38,000,000USD127,000,000USD73,000,000USD—
    Total Cash From Financing Activities-46,467,000USD96,153,000USD69,059,000USD18,321,000USD-5,635,000USD87,641,000USD33,725,000USD87,672,000USD
    Dividends Paid-41,038,000USD-40,374,000USD-40,361,000USD-40,347,000USD-40,307,000USD-39,664,000USD-39,650,000USD-39,645,000USD
    Change In Cash-3,133,000USD264,000USD3,926,000USD-53,518,000USD51,049,000USD1,125,000USD-3,146,000USD10,656,000USD
    Begin Period Cash Flow30,738,000USD30,474,000USD26,548,000USD80,066,000USD29,017,000USD27,892,000USD31,038,000USD20,382,000USD
    End Period Cash Flow27,605,000USD30,738,000USD30,474,000USD26,548,000USD80,066,000USD29,017,000USD27,892,000USD31,038,000USD
    Other Cashflows From Financing Activities-1,429,000USD342,527,000USD420,000USD-332,000USD-3,328,000USD-887,000USD375,000USD317,000USD
    Unclassified Operating Cash Flow14,140,000USD-16,552,000USD6,924,000USD3,675,000USD13,071,000USD-16,097,000USD104,361,000USD3,918,000USD
    Depreciation—61,914,000USD62,833,000USD1,353,000USD62,400,000USD57,005,000USD-110,186,000USD56,933,000USD
    Unclassified Financing Cash Flow—-343,077,000USD—————127,000,000USD
    Other Cashflows From Investing Activities——-35,938,000USD-1,194,000USD-4,584,000USD-500,000USD-4,599,000USD-675,000USD
    Unclassified Investing Cash Flow——189,493,000USD130,048,000USD96,708,000USD149,233,000USD157,749,000USD139,282,000USD
    Issuance Of Capital Stock—————1,192,000USD0USD—
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income181,092,000USD224,111,000USD194,131,000USD183,008,000USD186,840,000USD155,215,000USD202,100,000USD196,960,000USD
    Depreciation4,416,000USD227,635,000USD210,474,000USD5,321,000USD187,420,000USD179,681,000USD5,857,000USD4,645,000USD
    Stock Based Compensation6,985,000USD4,721,000USD5,176,000USD5,488,000USD5,350,000USD4,149,000USD8,007,000USD7,683,000USD
    Other Non Cash Items270,469,000USD-9,883,000USD-12,156,000USD181,311,000USD-5,842,000USD-1,984,000USD165,800,000USD170,398,000USD
    Change To Account Receivables-20,483,000USD24,493,000USD32,695,000USD-46,282,000USD-30,442,000USD-824,000USD-5,032,000USD19,909,000USD
    Change To Inventory-6,187,000USD-8,402,000USD-7,180,000USD-26,744,000USD-19,604,000USD-7,085,000USD-3,110,000USD1,617,000USD
    Change In Working Capital-75,625,000USD-30,874,000USD85,022,000USD-58,894,000USD-154,315,000USD22,662,000USD-71,200,000USD15,488,000USD
    Total Cash From Operating Activities394,455,000USD406,741,000USD489,231,000USD307,242,000USD219,978,000USD352,149,000USD296,700,000USD381,985,000USD
    Capital Expenditures-524,456,000USD-549,244,000USD-566,889,000USD-515,140,000USD-434,328,000USD-405,762,000USD-316,000,000USD-283,966,000USD
    Free Cash Flow-130,001,000USD-142,503,000USD-77,658,000USD-207,898,000USD-214,350,000USD-53,613,000USD-19,300,000USD98,019,000USD
    Investments-10,238,000USD-554,463,000USD-540,580,000USD-516,859,000USD-1,505,000USD-42,000USD-135,000USD-2,500,000USD
    Total Cashflows From Investing Activities-570,632,000USD-554,463,000USD-570,812,000USD-516,859,000USD-435,833,000USD-405,804,000USD-316,151,000USD-304,899,000USD
    Net Borrowings343,077,000USD310,000,000USD168,000,000USD75,806,000USD149,960,000USD180,422,000USD129,885,000USD-11,647,000USD
    Total Cash From Financing Activities177,898,000USD151,552,000USD84,305,000USD213,318,000USD217,521,000USD58,681,000USD16,200,000USD-73,804,000USD
    Dividends Paid-161,389,000USD-158,589,000USD-154,050,000USD-140,062,000USD-128,483,000USD-120,350,000USD-115,100,000USD-109,202,000USD
    Issuance Of Capital Stock709,000USD1,192,000USD171,284,000USD277,574,000USD196,953,000USD0USD1,432,000USD47,045,000USD
    Change In Cash1,721,000USD3,830,000USD2,724,000USD3,701,000USD1,666,000USD5,026,000USD-3,200,000USD3,282,000USD
    Begin Period Cash Flow29,017,000USD25,187,000USD22,463,000USD18,762,000USD17,096,000USD12,070,000USD15,300,000USD12,029,000USD
    End Period Cash Flow30,738,000USD29,017,000USD25,187,000USD22,463,000USD18,762,000USD17,096,000USD12,100,000USD15,311,000USD
    Other Cashflows From Investing Activities-46,176,000USD-500,000USD—-1,719,000USD-1,505,000USD-42,000USD-135,000USD71,000USD
    Other Cashflows From Financing Activities-4,499,000USD-1,051,000USD-4,327,000USD152,806,000USD-909,000USD246,031,000USD150,300,000USD-91,000USD
    Unclassified Operating Cash Flow7,118,000USD-8,969,000USD6,584,000USD-8,992,000USD—-7,574,000USD-13,864,000USD-13,189,000USD
    Unclassified Investing Cash Flow10,238,000USD549,744,000USD536,657,000USD516,859,000USD———-18,504,000USD
    Sale Purchase Of Stock——300,000,000USD277,574,000USD250,915,000USD-1,391,000USD1,432,000USD47,045,000USD
    Unclassified Financing Cash Flow——-225,318,000USD-152,806,000USD-53,962,000USD-246,031,000USD-150,317,000USD—
    Change To Liabilities———41,517,000USD7,494,000USD1,922,000USD-24,372,000USD-22,703,000USD
    Cash And Cash Equivalents Changes———3,701,000USD—5,026,000USD-3,241,000USD3,282,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q2 2026Quarterly · 2026-06-30GeographyMT241,202,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyNE6,190,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographyOther26,087,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30GeographySD58,241,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentRegulated Electric324,254,000USDDisclosure
    Q2 2026Quarterly · 2026-06-30SegmentRegulated Natural Gas68,345,000USDDisclosure
    Q1 2026Quarterly · 2026-03-31GeographyMT301,935,000USD0001993004-26-000029
    Q1 2026Quarterly · 2026-03-31GeographyNE17,667,000USD0001993004-26-000029
    Q1 2026Quarterly · 2026-03-31GeographyOther18,688,000USD0001993004-26-000029
    Q1 2026Quarterly · 2026-03-31GeographySD80,904,000USD0001993004-26-000029
    Q1 2026Quarterly · 2026-03-31SegmentRegulated Electric362,054,000USD0001993004-26-000029
    Q1 2026Quarterly · 2026-03-31SegmentRegulated Natural Gas135,516,000USD0001993004-26-000029
    Q4 2025Quarterly · 2025-12-31GeographyMT263,220,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyNE8,567,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographyOther18,459,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31GeographySD59,072,000USDLegacy provider
    FY 2025Yearly · 2025-12-31GeographyMT1,004,725,000USD0001993004-26-000006
    FY 2025Yearly · 2025-12-31GeographyNE39,517,000USD0001993004-26-000006
    FY 2025Yearly · 2025-12-31GeographyOther81,427,000USD0001993004-26-000006
    FY 2025Yearly · 2025-12-31GeographySD248,524,000USD0001993004-26-000006
    FY 2025Yearly · 2025-12-31ProductElectricity Us Regulated1,269,956,000USD0001993004-26-000006
    FY 2025Yearly · 2025-12-31ProductNatural Gas Us Regulated340,603,000USD0001993004-26-000006
    Q4 2025Quarterly · 2025-12-31ProductElectricity Us Regulated315,254,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductNatural Gas Us Regulated99,010,000USDLegacy provider
    Q3 2025Quarterly · 2025-09-30GeographyMT247,300,000USD0001993004-25-000184
    Q3 2025Quarterly · 2025-09-30GeographyNE3,400,000USD0001993004-25-000184
    Q3 2025Quarterly · 2025-09-30GeographyOther27,400,000USD0001993004-25-000184
    Q3 2025Quarterly · 2025-09-30GeographySD57,600,000USD0001993004-25-000184
    Q3 2025Quarterly · 2025-09-30ProductElectricity Us Regulated339,751,000USD0001993004-25-000184
    Q3 2025Quarterly · 2025-09-30ProductNatural Gas Us Regulated47,201,000USD0001993004-25-000184
    Q2 2025Quarterly · 2025-06-30GeographyMT204,100,000USD0001993004-25-000121
    Q2 2025Quarterly · 2025-06-30GeographyNE6,900,000USD0001993004-25-000121
    Q2 2025Quarterly · 2025-06-30GeographyOther19,700,000USD0001993004-25-000121
    Q2 2025Quarterly · 2025-06-30GeographySD53,500,000USD0001993004-25-000121
    Q2 2025Quarterly · 2025-06-30ProductElectricity Us Regulated279,468,000USD0001993004-25-000121
    Q2 2025Quarterly · 2025-06-30ProductNatural Gas Us Regulated63,245,000USD0001993004-25-000121
    Q1 2025Quarterly · 2025-03-31GeographyMT290,105,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31GeographyNE20,650,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31GeographyOther15,868,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31GeographySD78,352,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31SegmentRegulated Electric335,483,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31SegmentRegulated Natural Gas131,147,000USD0001993004-26-000029
    Q1 2025Quarterly · 2025-03-31ProductElectricity Us Regulated335,483,000USD0001993004-25-000084
    Q1 2025Quarterly · 2025-03-31ProductNatural Gas Us Regulated131,147,000USD0001993004-25-000084
    Q4 2024Quarterly · 2024-12-31GeographyMT245,107,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31GeographyNE7,537,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31GeographyOther17,841,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31GeographySD53,278,000USDLegacy provider
    FY 2024Yearly · 2024-12-31GeographyMT977,907,000USD0001993004-26-000006
    FY 2024Yearly · 2024-12-31GeographyNE32,637,000USD0001993004-26-000006
    FY 2024Yearly · 2024-12-31GeographyOther81,841,000USD0001993004-26-000006
    FY 2024Yearly · 2024-12-31GeographySD226,778,000USD0001993004-26-000006
    FY 2024Yearly · 2024-12-31ProductElectricity Us Regulated1,200,701,000USD0001993004-26-000006
    FY 2024Yearly · 2024-12-31ProductNatural Gas Us Regulated313,197,000USD0001993004-26-000006
    Q4 2024Quarterly · 2024-12-31ProductElectricity Us Regulated290,903,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductNatural Gas Us Regulated82,563,000USDLegacy provider
    Q3 2024Quarterly · 2024-09-30GeographyMT224,900,000USD0001993004-25-000184
    Q3 2024Quarterly · 2024-09-30GeographyNE2,600,000USD0001993004-25-000184
    Q3 2024Quarterly · 2024-09-30GeographyOther26,200,000USD0001993004-25-000184
    Q3 2024Quarterly · 2024-09-30GeographySD52,200,000USD0001993004-25-000184
    Q3 2024Quarterly · 2024-09-30SegmentElectric Domestic Regulated313,400,000USD0001993004-24-000102
    Q3 2024Quarterly · 2024-09-30SegmentGas Domestic Regulated29,800,000USD0001993004-24-000102
    Q3 2024Quarterly · 2024-09-30ProductElectricity Us Regulated306,478,000USD0001993004-24-000102
    Q3 2024Quarterly · 2024-09-30ProductNatural Gas Us Regulated38,683,000USD0001993004-24-000102
    Q3 2024Quarterly · 2024-09-30ProductProduct And Service Other0USD0001993004-24-000102
    Q2 2024Quarterly · 2024-06-30ProductElectricity Us Regulated260,134,000USD0001993004-24-000072
    Q2 2024Quarterly · 2024-06-30ProductNatural Gas Us Regulated59,795,000USD0001993004-24-000072
    Q2 2024Quarterly · 2024-06-30ProductProduct And Service Other0USD0001993004-24-000072
    Q1 2024Quarterly · 2024-03-31ProductElectricity Us Regulated343,186,000USD0001993004-24-000035
    Q1 2024Quarterly · 2024-03-31ProductNatural Gas Us Regulated132,156,000USD0001993004-24-000035
    Q1 2024Quarterly · 2024-03-31ProductProduct And Service Other0USD0001993004-24-000035
    FY 2023Yearly · 2023-12-31GeographyMT1,049,516,000USD0001993004-26-000006
    FY 2023Yearly · 2023-12-31GeographyNE57,653,000USD0001993004-26-000006
    FY 2023Yearly · 2023-12-31GeographyOther81,787,000USD0001993004-26-000006
    FY 2023Yearly · 2023-12-31GeographySD233,589,000USD0001993004-26-000006
    FY 2023Yearly · 2023-12-31ProductElectricity Us Regulated1,068,833,000USD0001993004-26-000006
    FY 2023Yearly · 2023-12-31ProductNatural Gas Us Regulated353,310,000USD0001993004-26-000006
    Q3 2023Quarterly · 2023-09-30SegmentElectric Domestic Regulated299,100,000USD0001993004-24-000102
    Q3 2023Quarterly · 2023-09-30SegmentGas Domestic Regulated33,200,000USD0001993004-24-000102
    Q2 2023Quarterly · 2023-06-30SegmentElectric Domestic Regulated266,000,000USD0001993004-24-000072
    Q2 2023Quarterly · 2023-06-30SegmentGas Domestic Regulated64,600,000USD0001993004-24-000072
    Q1 2023Quarterly · 2023-03-31SegmentElectric Domestic Regulated321,500,000USD0001993004-24-000035
    Q1 2023Quarterly · 2023-03-31SegmentGas Domestic Regulated184,900,000USD0001993004-24-000035
    FY 2022Yearly · 2022-12-31GeographyMT957,600,000USD0001993004-25-000021
    FY 2022Yearly · 2022-12-31GeographyNE57,900,000USD0001993004-25-000021
    FY 2022Yearly · 2022-12-31GeographyOther74,200,000USD0001993004-25-000021
    FY 2022Yearly · 2022-12-31GeographySD245,700,000USD0001993004-25-000021
    FY 2022Yearly · 2022-12-31ProductElectricity Us Regulated1,106,565,000USD0001993004-25-000021
    FY 2022Yearly · 2022-12-31ProductNatural Gas Us Regulated371,272,000USD0001993004-25-000021
    Q3 2022Quarterly · 2022-09-30SegmentElectric Domestic Regulated270,500,000USD0000073088-23-000150
    Q3 2022Quarterly · 2022-09-30SegmentGas Domestic Regulated36,800,000USD0000073088-23-000150
    FY 2021Yearly · 2021-12-31GeographyMT882,000,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31GeographyNE32,400,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31GeographyOther72,500,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31GeographySD213,600,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31ProductElectricity Us Regulated1,052,182,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31ProductNatural Gas Us Regulated320,134,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31SegmentElectric Domestic Regulated1,018,700,000USD0001993004-24-000006
    FY 2021Yearly · 2021-12-31SegmentGas Domestic Regulated308,100,000USD0001993004-24-000006
    FY 2020Yearly · 2020-12-31GeographyMT813,900,000USD0000073088-23-000028

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.