NorthWestern Energy Group annual return on equity
2022
2023
2024
2025
NorthWestern Energy Group Return on Equity (ROE) Growth & History (NWE)
NorthWestern Energy Group's return on equity was 6.31% for fiscal 2025.
View full NorthWestern Energy Group company overviewNorthWestern Energy Group annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 6.31% | −1.64 pp |
| 2024 | 2024-12-31 | 7.94% | +0.82 pp |
| 2023 | 2023-12-31 | 7.12% | −0.19 pp |
| 2022 | 2022-12-31 | 7.31% | — |
NorthWestern Energy Group quarterly return on equity
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.86% | +0.13 pp |
| Q1 2026 | 2026-03-31 | 2.19% | −0.48 pp |
| Q4 2025 | 2025-12-31 | 1.55% | −1.29 pp |
| Q3 2025 | 2025-09-30 | 1.33% | −0.34 pp |
| Q2 2025 | 2025-06-30 | 0.74% | −0.39 pp |
| Q1 2025 | 2025-03-31 | 2.67% | +0.35 pp |
| Q4 2024 | 2024-12-31 | 2.84% | −0.17 pp |
| Q3 2024 | 2024-09-30 | 1.67% | +0.58 pp |
| Q2 2024 | 2024-06-30 | 1.13% | — |
| Q1 2024 | 2024-03-31 | 2.33% | — |
| Q4 2023 | 2023-12-31 | 3.01% | — |
| Q3 2023 | 2023-09-30 | 1.09% | — |
NorthWestern Energy Group return on equity trends
Between the periods ended 2022-12-31 and 2025-12-31, NorthWestern Energy Group's return on equity decreased from 7.31% to 6.31%, a change of −1.01 percentage points. The latest reported quarter, Q2 2026, shows 0.86%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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