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NorthWestern Corp
NASDAQ:NWE

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NorthWestern Corp Logo
NorthWestern Corp
NASDAQ:NWE
Watchlist
Price: 68.41 USD -0.19% Market Closed
Market Cap: $4.2B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+30%
5Y
+10%
10Y
+15%
Investing Cash Flow
+
3Y
-11%
5Y
-59%
10Y
+56%
Financing Cash Flow
+
3Y
-18%
5Y
-
10Y
-82%

Cash Flow Statement
NorthWestern Corp

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Cash Flow Statement
Currency: USD
Dec-2001 Mar-2002 Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
45
(20)
(45)
(110)
(864)
(800)
(837)
(834)
(114)
(114)
(69)
(45)
544
546
547
586
60
62
63
66
38
36
41
43
53
58
65
65
68
67
64
69
73
79
85
80
77
81
81
81
93
92
93
74
98
104
107
127
94
102
95
110
121
127
150
143
151
138
144
165
164
183
167
159
163
165
187
178
197
211
215
209
202
180
154
162
155
168
183
189
187
183
175
168
183
186
176
178
194
197
209
227
224
236
226
217
Depreciation & Amortization
18
59
29
35
63
61
69
70
70
71
72
72
73
73
74
74
74
75
74
75
75
76
78
80
82
84
84
85
85
87
88
89
89
89
90
91
92
94
96
99
101
102
103
105
106
109
110
111
113
114
117
119
124
129
135
140
145
149
153
157
159
161
163
164
166
168
170
173
175
176
174
173
173
173
176
177
180
181
183
186
188
189
191
192
195
199
204
207
210
214
219
224
228
234
239
245
Change in Deffered Taxes
(21)
(21)
(18)
(30)
(9)
(12)
(12)
9
0
2
0
(8)
(4)
10
13
16
41
41
37
42
27
25
26
24
35
35
43
46
43
45
39
40
47
50
49
52
49
52
54
49
64
65
66
55
52
59
57
71
55
54
55
43
(10)
(28)
(22)
(12)
34
30
18
0
(8)
(8)
(6)
8
12
9
11
9
(13)
(15)
(35)
(36)
(14)
(14)
3
(1)
(8)
(11)
(8)
(5)
1
(3)
(2)
(11)
(9)
(13)
(16)
(10)
7
26
30
27
(9)
(5)
(5)
8
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
0
0
0
4
0
0
0
7
0
0
0
3
0
0
0
2
0
0
0
2
0
0
0
2
0
0
0
3
0
0
0
2
3
4
5
3
4
4
4
5
6
6
6
7
7
7
7
6
6
5
6
8
8
8
8
8
9
9
9
4
4
4
5
5
5
5
4
5
6
6
6
5
4
4
5
5
5
5
5
Other Non-Cash Items
(214)
(131)
(231)
(187)
765
692
841
899
15
(1)
(30)
(30)
(548)
(536)
(500)
(509)
45
68
54
40
17
27
31
13
(4)
(4)
0
(11)
5
3
(3)
7
1
1
(1)
(2)
(3)
(3)
(2)
1
2
2
1
23
(26)
(27)
(27)
(51)
(1)
0
2
3
0
(1)
(3)
(4)
(1)
1
5
3
4
4
3
6
4
5
5
6
8
8
7
7
7
8
8
7
2
1
1
6
(1)
(2)
(3)
(10)
(3)
(3)
(3)
(5)
(7)
(4)
(5)
(6)
(5)
(7)
(4)
(0)
Cash Taxes Paid
6
1
(6)
(17)
(18)
(16)
(4)
(12)
(13)
(13)
(25)
2
0
5
5
(5)
(0)
(0)
(0)
0
0
1
2
4
0
3
3
0
0
0
0
0
0
0
0
1
2
2
2
1
(1)
(2)
1
1
3
3
1
1
0
0
0
0
0
0
0
0
1
(2)
(2)
(2)
(3)
0
0
0
0
0
0
0
0
0
0
0
(7)
(7)
(7)
(7)
0
0
2
4
4
0
4
10
5
2
6
(1)
(1)
(2)
1
0
(4)
(8)
(1)
4
Cash Interest Paid
41
47
47
64
163
192
202
183
102
67
61
65
64
58
59
49
51
49
47
50
39
47
36
40
0
44
49
46
48
46
44
42
40
39
41
42
43
43
47
40
52
52
52
58
51
54
55
58
58
58
60
61
64
64
76
71
82
82
80
86
85
83
82
80
83
84
81
80
77
78
80
83
84
85
84
84
85
84
86
87
87
88
88
90
95
99
102
99
105
105
114
134
128
143
135
143
Change in Working Capital
46
(20)
27
(39)
(25)
(8)
(148)
(184)
(137)
(10)
37
74
49
41
28
(1)
(30)
(81)
(82)
(66)
13
31
40
44
36
4
(2)
20
(2)
(16)
(28)
(53)
(94)
(61)
(60)
(45)
4
10
21
12
(26)
(29)
(47)
(10)
21
(2)
(11)
(58)
(66)
(76)
(81)
(48)
15
37
57
82
11
37
(29)
(32)
(33)
(38)
(2)
(5)
(23)
(8)
18
0
16
(60)
(82)
(63)
(71)
(2)
31
20
23
(80)
(122)
(126)
(154)
(17)
(12)
(31)
(59)
(45)
8
56
85
5
(33)
(65)
(31)
(59)
(61)
(68)
Cash from Operating Activities
(125)
N/A
(165)
-32%
(259)
-57%
(363)
-40%
(70)
+81%
(75)
-8%
(87)
-16%
(41)
+52%
(165)
-299%
(52)
+69%
10
N/A
62
+513%
114
+85%
135
+18%
163
+20%
166
+2%
189
+14%
163
-14%
146
-11%
156
+6%
170
+9%
195
+15%
216
+10%
204
-6%
202
-1%
176
-13%
191
+8%
205
+8%
198
-3%
185
-7%
159
-14%
151
-5%
117
-23%
158
+35%
164
+4%
176
+7%
219
+25%
235
+7%
250
+6%
241
-4%
234
-3%
232
-1%
215
-7%
246
+14%
251
+2%
243
-3%
236
-3%
200
-15%
194
-3%
194
+0%
189
-3%
227
+21%
250
+10%
265
+6%
316
+19%
350
+11%
340
-3%
355
+5%
291
-18%
293
+1%
287
-2%
302
+5%
325
+8%
332
+2%
323
-3%
339
+5%
391
+15%
366
-6%
382
+4%
320
-16%
280
-13%
290
+4%
297
+2%
344
+16%
371
+8%
365
-2%
352
-4%
260
-26%
237
-9%
251
+6%
220
-12%
350
+59%
348
0%
308
-12%
307
0%
325
+6%
368
+13%
425
+15%
489
+15%
437
-11%
419
-4%
406
-3%
407
+0%
399
-2%
395
-1%
401
+2%
Investing Cash Flow
Capital Expenditures
(80)
(82)
(99)
(96)
(148)
(154)
(140)
(152)
(71)
(66)
(69)
(72)
(80)
(80)
(81)
(80)
(81)
(89)
(95)
(103)
(101)
(100)
(108)
(104)
(117)
(111)
(108)
(120)
(125)
(129)
(129)
(160)
(189)
(229)
(259)
(252)
(228)
(208)
(184)
(175)
(189)
(198)
(215)
(222)
(219)
(210)
(210)
(215)
(231)
(82)
(92)
(101)
(270)
(275)
(290)
(288)
(284)
(279)
(274)
(284)
(288)
(288)
(286)
(281)
(276)
(277)
(274)
(273)
(284)
(298)
(315)
(334)
(316)
(329)
(346)
(356)
(406)
(405)
(412)
(434)
(434)
(472)
(487)
(509)
(515)
(536)
(544)
(536)
(567)
(539)
(551)
(561)
(549)
(532)
(523)
(523)
Other Items
(0)
(475)
(473)
(453)
(493)
7
82
101
163
114
91
52
57
51
67
100
13
84
47
34
32
(32)
(39)
(38)
(139)
(99)
(100)
(101)
0
1
1
0
0
0
0
0
(12)
(12)
(12)
(12)
0
0
0
(18)
(103)
(103)
(102)
(81)
(65)
(225)
(226)
(268)
(937)
(933)
(930)
(1 000)
(100)
(105)
(109)
2
1
1
2
0
0
0
(19)
(18)
(21)
0
(2)
(3)
(0)
0
(0)
(0)
0
0
(1)
(1)
(2)
(2)
(2)
(2)
(2)
(1)
(3)
(5)
(4)
(4)
(2)
(5)
(5)
(10)
(10)
(45)
Cash from Investing Activities
(81)
N/A
(557)
-590%
(572)
-3%
(549)
+4%
(641)
-17%
(147)
+77%
(59)
+60%
(51)
+13%
92
N/A
48
-48%
22
-54%
(21)
N/A
(23)
-9%
(29)
-26%
(14)
+51%
20
N/A
(68)
N/A
(5)
+92%
(48)
-823%
(69)
-43%
(69)
N/A
(133)
-93%
(147)
-11%
(142)
+4%
(257)
-81%
(210)
+18%
(207)
+1%
(221)
-6%
(124)
+44%
(129)
-3%
(128)
+0%
(159)
-24%
(189)
-19%
(229)
-21%
(259)
-13%
(252)
+3%
(241)
+4%
(221)
+8%
(196)
+11%
(187)
+5%
(189)
-1%
(198)
-5%
(215)
-8%
(240)
-12%
(322)
-34%
(313)
+3%
(312)
+0%
(296)
+5%
(295)
+0%
(307)
-4%
(318)
-3%
(369)
-16%
(1 207)
-227%
(1 209)
0%
(1 219)
-1%
(1 288)
-6%
(384)
+70%
(384)
+0%
(383)
+0%
(282)
+26%
(287)
-2%
(287)
0%
(284)
+1%
(281)
+1%
(276)
+2%
(277)
0%
(292)
-6%
(291)
+0%
(305)
-5%
(319)
-4%
(317)
+1%
(336)
-6%
(316)
+6%
(329)
-4%
(346)
-5%
(356)
-3%
(406)
-14%
(405)
+0%
(412)
-2%
(435)
-5%
(436)
0%
(474)
-9%
(488)
-3%
(511)
-5%
(517)
-1%
(537)
-4%
(547)
-2%
(541)
+1%
(571)
-6%
(543)
+5%
(553)
-2%
(565)
-2%
(554)
+2%
(542)
+2%
(532)
+2%
(568)
-7%
Financing Cash Flow
Net Issuance of Common Stock
175
293
293
293
195
77
77
77
0
0
0
0
0
(0)
(2)
(3)
(5)
(6)
(7)
(7)
(1)
5
13
27
68
63
57
(35)
(79)
(79)
0
(1)
(1)
(1)
0
(0)
(0)
(0)
(0)
0
0
(0)
24
28
28
46
48
43
56
51
24
25
398
384
385
385
56
56
55
56
(1)
0
1
6
55
57
101
96
47
46
1
1
1
(2)
(2)
(2)
(1)
1
57
122
197
0
241
256
278
0
189
171
75
0
64
1
1
0
0
0
Net Issuance of Debt
69
595
607
673
605
181
139
63
115
(8)
(10)
(12)
(83)
(91)
(114)
(173)
(94)
(131)
(98)
(37)
(38)
(26)
(30)
(40)
47
54
38
109
55
123
104
65
125
53
135
134
81
44
(2)
(3)
7
20
33
33
102
81
85
103
118
141
181
193
633
631
630
648
82
72
112
29
95
92
66
47
19
(6)
(88)
(48)
(12)
63
149
160
131
159
99
114
183
226
246
198
150
68
41
90
77
77
139
92
168
184
237
324
310
365
297
333
Cash Paid for Dividends
(30)
(32)
(33)
(35)
(38)
(29)
(21)
(12)
0
0
0
0
0
(8)
(16)
(25)
(36)
(39)
(42)
(44)
(44)
(44)
(44)
(46)
(47)
(49)
(51)
(51)
(50)
(49)
(48)
(48)
(48)
(48)
(49)
(49)
(49)
(50)
(51)
(51)
(52)
(52)
(53)
(54)
(54)
(55)
(56)
(57)
(58)
(59)
(60)
(61)
(65)
(72)
(79)
(86)
(90)
(92)
(93)
(95)
(96)
(97)
(98)
(100)
(101)
(103)
(105)
(107)
(109)
(111)
(113)
(114)
(115)
(116)
(118)
(119)
(120)
(121)
(123)
(125)
(129)
(131)
(134)
(136)
(140)
(144)
(148)
(152)
(154)
(156)
(157)
(158)
(159)
(160)
(160)
(161)
Other
(14)
(53)
(37)
(24)
(30)
(19)
(22)
(35)
(54)
(21)
(21)
(17)
(7)
(17)
(19)
(7)
0
(2)
3
(18)
(19)
(8)
(10)
(1)
(2)
(2)
(3)
(3)
(2)
(3)
(10)
(11)
(11)
(9)
(7)
(8)
(8)
(8)
(2)
(1)
(1)
(1)
(2)
(1)
(1)
(2)
(1)
0
(8)
(7)
(7)
(8)
(5)
(6)
(17)
(17)
(12)
(11)
(6)
(7)
(8)
(8)
(3)
(2)
(16)
(17)
(16)
(16)
(0)
0
(1)
(1)
(1)
(1)
(1)
(3)
(3)
(3)
(2)
(1)
(1)
(1)
(2)
(1)
(1)
(2)
(2)
(3)
(4)
(4)
(2)
(2)
(1)
(4)
(4)
(4)
Cash from Financing Activities
200
N/A
802
+301%
829
+3%
906
+9%
733
-19%
210
-71%
173
-18%
93
-46%
62
-34%
(29)
N/A
(31)
-7%
(28)
+9%
(90)
-218%
(115)
-28%
(150)
-31%
(207)
-38%
(135)
+35%
(179)
-32%
(145)
+19%
(106)
+27%
(102)
+4%
(73)
+28%
(72)
+2%
(59)
+18%
65
N/A
66
+1%
41
-38%
20
-52%
(75)
N/A
(7)
+90%
(33)
-339%
6
N/A
65
+1 066%
(5)
N/A
78
N/A
76
-2%
24
-69%
(14)
N/A
(56)
-288%
(55)
+1%
(46)
+17%
(33)
+28%
3
N/A
7
+136%
75
+1 035%
69
-8%
76
+10%
89
+17%
108
+22%
126
+16%
139
+10%
149
+7%
961
+547%
937
-3%
919
-2%
931
+1%
36
-96%
26
-29%
68
+168%
(16)
N/A
(9)
+43%
(14)
-45%
(34)
-149%
(48)
-43%
(44)
+8%
(68)
-55%
(108)
-58%
(76)
+30%
(74)
+2%
(2)
+98%
37
N/A
47
+25%
16
-65%
40
+144%
(22)
N/A
(9)
+58%
59
N/A
102
+74%
178
+74%
194
+9%
218
+12%
133
-39%
147
+10%
208
+42%
213
+2%
208
-2%
177
-15%
109
-39%
84
-22%
99
+18%
141
+42%
165
+17%
152
-8%
204
+35%
135
-34%
170
+26%
Change in Cash
Net Change in Cash
(6)
N/A
80
N/A
(3)
N/A
(6)
-123%
22
N/A
(12)
N/A
28
N/A
1
-98%
(11)
N/A
(33)
-190%
1
N/A
13
+1 333%
2
-85%
(9)
N/A
(2)
+79%
(21)
-1 050%
(14)
+30%
(21)
-42%
(47)
-127%
(19)
+60%
(1)
+96%
(11)
-1 213%
(3)
+70%
3
N/A
11
+252%
32
+196%
24
-24%
4
-84%
(2)
N/A
49
N/A
(1)
N/A
(3)
-79%
(7)
-176%
(76)
-1 001%
(17)
+78%
1
N/A
2
+260%
(0)
N/A
(2)
-1 600%
(1)
+59%
(0)
+71%
1
N/A
4
+350%
12
+242%
4
-68%
(1)
N/A
(0)
+67%
(7)
-2 333%
7
N/A
13
+87%
9
-27%
7
-24%
4
-45%
(7)
N/A
16
N/A
(8)
N/A
(8)
-11%
(3)
+63%
(24)
-671%
(5)
+79%
(9)
-78%
2
N/A
7
+306%
3
-54%
2
-25%
(7)
N/A
(10)
-48%
(1)
+91%
3
N/A
0
-94%
(0)
N/A
0
N/A
(3)
N/A
54
N/A
4
-93%
(0)
N/A
5
N/A
(43)
N/A
3
N/A
10
+216%
2
-83%
9
+435%
7
-29%
5
-31%
4
-20%
(4)
N/A
(2)
+46%
(7)
-243%
3
N/A
(7)
N/A
7
N/A
7
-5%
4
-42%
61
+1 489%
(3)
N/A
3
N/A
Free Cash Flow
Free Cash Flow
(206)
N/A
(247)
-20%
(358)
-45%
(459)
-28%
(218)
+53%
(229)
-5%
(227)
+1%
(193)
+15%
(236)
-22%
(117)
+50%
(59)
+49%
(10)
+83%
34
N/A
55
+61%
81
+47%
86
+6%
108
+25%
75
-31%
52
-31%
53
+3%
69
+30%
95
+38%
107
+13%
100
-7%
85
-15%
65
-23%
83
+27%
85
+2%
74
-13%
56
-24%
31
-46%
(9)
N/A
(73)
-744%
(71)
+3%
(95)
-34%
(76)
+20%
(10)
+87%
27
N/A
66
+148%
66
+1%
45
-32%
33
-26%
1
-98%
24
+2 875%
32
+34%
33
+3%
26
-21%
(15)
N/A
(37)
-139%
112
N/A
96
-14%
127
+31%
(20)
N/A
(11)
+48%
26
N/A
62
+137%
56
-9%
77
+37%
17
-78%
9
-47%
(1)
N/A
14
N/A
39
+183%
51
+31%
46
-9%
62
+33%
117
+90%
93
-20%
98
+5%
23
-77%
(35)
N/A
(44)
-26%
(19)
+56%
15
N/A
26
+76%
9
-64%
(54)
N/A
(146)
-172%
(174)
-19%
(183)
-5%
(214)
-17%
(122)
+43%
(138)
-13%
(202)
-46%
(208)
-3%
(211)
-1%
(176)
+17%
(111)
+37%
(78)
+30%
(102)
-31%
(132)
-29%
(154)
-17%
(143)
+8%
(134)
+6%
(128)
+4%
(121)
+5%

See Also

Summary
NWE intrinsic value, competitors valuation, and company profile.
DCF Valuation
NWE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NWE stock valuation using valuation multiples.
Wall Street Estimates
NWE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NWE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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