NWN Q1 2023 Earnings — Northwest Natural Holding Company Revenue & Financial Results | Market Cap Arena

NWNNorthwest Natural Holding Company

$2B

Q1 2023 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$462M+32.0% YoY

Gross Profit

$166M35.9% margin

Operating Income

$114M24.5% margin

Net Income

$72M15.5% margin

EPS (Diluted)

$2.01

QoQ Revenue Growth

+23.2%

Cash Flow

Operating Cash Flow

$177M

Free Cash Flow

$106M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$3.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$141M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$462M	$350M	+32.0%
Gross Profit	$166M	$134M	+23.9%
Operating Income	$114M	$88M	+29.5%
Net Income	$72M	$56M	+27.4%

Revenue Segments

Northwest Natural Gas Company

$455M50%

Natural Gas Distribution

$448M49%

Other Northwest Holdings

$8M1%

Other Northwest Natural

$7M1%