NorthWestern Energy Group, Inc. (NWE) intrinsic value & 10-year financials
NorthWestern Energy Group, Inc. (NWE) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 6 fiscal years revenue grew 5.0% a year to $1.6B, with an average return on invested capital of 6.7%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $74.72
- Market cap
- $4.6B
- Revenue (FY2025)
- $1.6B
- Revenue growth (6-yr CAGR)
- 5.0%
- ROIC (10-yr avg)
- 6.7%
- Free cash flow (FY2025)
- -$130.0M
NWE 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.6B | $181.1M | $2.94 | -$130.0M | 20.2% | 5.2% |
| FY2024 | $1.5B | $224.1M | $3.65 | -$142.5M | 21.4% | 5.7% |
| FY2023 | $1.6B | $194.1M | $3.22 | -$77.7M | 19.3% | 5.3% |
| FY2022 | $1.5B | $183.0M | $3.25 | -$207.9M | 18.0% | 5.0% |
| FY2021 | $1.3B | $186.8M | $3.60 | -$214.3M | 20.8% | 12.3% |
| FY2020 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
NorthWestern Energy Group, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
NorthWestern Energy Group, Inc. has historically struggled to out-earn its cost of capital, averaging just 6.7% ROIC.
NorthWestern Energy Group, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, NorthWestern Energy Group, Inc. is modeled at -4.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-3.50 per share.