NorthWestern (NWE) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

NorthWestern Revenue Highlights


Latest Revenue (Y)

$1.42B

Latest Revenue (Q)

$345.16M

Main Segment (Y)

Electricity, US Regulated

NorthWestern Revenue by Period


NorthWestern Revenue by Year

DateRevenueChange
2023-12-31$1.42B-3.77%
2022-12-31$1.48B7.69%
2021-12-31$1.37B14.49%
2020-12-31$1.20B-4.71%
2019-12-31$1.26B5.53%
2018-12-31$1.19B-8.70%
2017-12-31$1.31B3.85%
2016-12-31$1.26B3.54%
2015-12-31$1.21B0.78%
2014-12-31$1.20B4.36%
2013-12-31$1.15B7.86%
2012-12-31$1.07B-4.20%
2011-12-31$1.12B0.59%
2010-12-31$1.11B-2.73%
2009-12-31$1.14B-9.43%
2008-12-31$1.26B5.06%
2007-12-31$1.20B5.95%
2006-12-31$1.13B-2.84%
2005-12-31$1.17B466.03%
2004-12-31$205.95M-79.95%
2003-12-31$1.03B-48.41%
2002-12-31$1.99B-53.01%
2001-12-31$4.24B-40.58%
2000-12-31$7.13B137.40%
1999-12-31$3.00B153.08%
1998-12-31$1.19B29.31%
1997-12-31$918.00M166.86%
1996-12-31$344.00M67.80%
1995-12-31$205.00M30.41%
1994-12-31$157.20M2.54%
1993-12-31$153.30M-

NorthWestern generated $1.42B in revenue during NA 2023, up -3.77% compared to the previous quarter, and up 119.31% compared to the same period a year ago.

NorthWestern Revenue by Quarter

DateRevenueChange
2024-09-30$345.16M7.89%
2024-06-30$319.93M-32.69%
2024-03-31$475.30M33.51%
2023-12-31$356.01M10.88%
2023-09-30$321.09M10.53%
2023-06-30$290.50M-36.08%
2023-03-31$454.50M6.87%
2022-12-31$425.28M26.92%
2022-09-30$335.07M3.73%
2022-06-30$323.00M-18.12%
2022-03-31$394.48M13.57%
2021-12-31$347.34M6.56%
2021-09-30$325.95M9.30%
2021-06-30$298.22M-25.60%
2021-03-31$400.80M27.87%
2020-12-31$313.44M11.70%
2020-09-30$280.61M4.18%
2020-06-30$269.36M-19.66%
2020-03-31$335.25M2.18%
2019-12-31$328.10M19.38%
2019-09-30$274.84M1.52%
2019-06-30$270.72M-29.54%
2019-03-31$384.22M24.42%
2018-12-31$308.82M10.34%
2018-09-30$279.87M6.90%
2018-06-30$261.82M-23.33%
2018-03-31$341.50M-0.88%
2017-12-31$344.55M11.17%
2017-09-30$309.93M9.19%
2017-06-30$283.86M-22.72%
2017-03-31$367.31M11.11%
2016-12-31$330.59M9.83%
2016-09-30$301.00M2.69%
2016-06-30$293.12M-11.85%
2016-03-31$332.54M2.32%
2015-12-31$324.99M19.16%
2015-09-30$272.74M0.81%
2015-06-30$270.56M-21.81%
2015-03-31$346.01M10.57%
2014-12-31$312.95M24.23%
2014-09-30$251.91M-6.80%
2014-06-30$270.28M-26.90%
2014-03-31$369.72M15.87%
2013-12-31$319.09M21.67%
2013-09-30$262.25M0.80%
2013-06-30$260.16M-16.89%
2013-03-31$313.02M11.49%
2012-12-31$280.77M19.04%
2012-09-30$235.87M-3.57%
2012-06-30$244.60M-20.87%
2012-03-31$309.10M9.14%
2011-12-31$283.21M16.05%
2011-09-30$244.04M-3.08%
2011-06-30$251.81M-25.56%
2011-03-31$338.26M15.97%
2010-12-31$291.67M21.12%
2010-09-30$240.82M-1.33%
2010-06-30$244.06M-26.97%
2010-03-31$334.17M10.50%
2009-12-31$302.41M29.85%
2009-09-30$232.89M-1.20%
2009-06-30$235.71M-36.45%
2009-03-31$370.90M13.75%
2008-12-31$326.07M19.77%
2008-09-30$272.24M-1.54%
2008-06-30$276.51M-28.36%
2008-03-31$385.98M25.31%
2007-12-31$308.02M-

NorthWestern generated $345.16M in revenue during Q3 2024, up 7.89% compared to the previous quarter, and up 118.82% compared to the same period a year ago.

NorthWestern Revenue Breakdown


NorthWestern Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Natural Gas, US Regulated$371.27M$320.13M$257.86M$276.73M$270.92M
Electricity, US Regulated$1.11B$1.05B$940.82M$981.18M$921.09M
Other Segments-----
Intersegment Eliminations-----

NorthWestern's latest annual revenue breakdown by segment (product or service), as of Dec 22: Electricity, US Regulated (74.88%), and Natural Gas, US Regulated (25.12%).

Quarterly Revenue by Product

Product/ServiceSep 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Natural Gas, US Regulated$38.68M$41.06M$61.24M$159.23M$126.13M$42.80M$79.59M$122.75M$94.14M$38.48M$56.78M$130.73M--------
Product and Service, Other--------------------
Electricity, US Regulated$306.48M$280.03M$229.27M$295.31M$299.15M$292.27M$243.42M$271.73M$253.20M$287.47M$241.44M$270.07M--------
Gas Domestic Regulated------------$79.40M$36.45M$51.42M$90.63M$80.90M$33.60M$51.06M$111.18M
Electric Domestic Regulated------------$234.10M$244.16M$217.94M$244.63M$247.30M$241.24M$219.66M$273.04M
Other Segments--------------------
Intersegment Eliminations--------------------

NorthWestern's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electricity, US Regulated (88.79%), and Natural Gas, US Regulated (11.21%).

NorthWestern Revenue Breakdown by Country

Quarterly Revenue by Country

CountryJun 18Mar 18
MONTANA$17.60M$40.90M
SOUTH DAKOTA$5.60M$11.40M
NEBRASKA$5.00M$11.40M

NorthWestern's latest quarterly revenue breakdown by geography, as of Jun 18: MONTANA (62.41%), SOUTH DAKOTA (19.86%), and NEBRASKA (17.73%).

NorthWestern Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CIGCompanhia Energética de Minas Gerais$36.85B$9.06B
ELPCompanhia Paranaense de Energia$21.48B$5.42B
BIPBrookfield Infrastructure Finance ULC$17.93B$5.19B
AESAES$12.67B$3.29B
BKHBlack Hills$2.33B$402.60M
ALEALLETE$1.88B$407.20M
AVAAvista$1.75B$402.07M
NWENorthWestern$1.42B$345.16M
OTTROtter Tail$1.35B$338.03M
MNTKMontauk Renewables$174.90M$65.92M

NWE Revenue FAQ


What is NorthWestern’s yearly revenue?

NorthWestern's yearly revenue for 2023 was $1.42B, representing a decrease of -3.77% compared to 2022. The company's yearly revenue for 2022 was $1.48B, representing an increase of 7.69% compared to 2021. NWE's yearly revenue for 2021 was $1.37B, representing an increase of 14.49% compared to 2020.

What is NorthWestern’s quarterly revenue?

NorthWestern's quarterly revenue for Q3 2024 was $345.16M, a 7.89% increase from the previous quarter (Q2 2024), and a 7.50% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $319.93M, a -32.69% decrease from the previous quarter (Q1 2024), and a 10.13% increase year-over-year (Q2 2023). NWE's quarterly revenue for Q1 2024 was $475.3M, a 33.51% increase from the previous quarter (Q4 2023), and a 4.58% increase year-over-year (Q1 2023).

What is NorthWestern’s revenue growth rate?

NorthWestern's revenue growth rate for the last 3 years (2021-2023) was 3.63%, and for the last 5 years (2019-2023) was 13.06%.

What are NorthWestern’s revenue streams?

NorthWestern's revenue streams in c 22 are Natural Gas, US Regulated, and Electricity, US Regulated. Natural Gas, US Regulated generated $371.27M in revenue, accounting 25.12% of the company's total revenue, up 15.97% year-over-year. Electricity, US Regulated generated $1.11B in revenue, accounting 74.88% of the company's total revenue, up 5.17% year-over-year.

What is NorthWestern’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of NorthWestern was Electricity, US Regulated. This segment made a revenue of $1.11B, representing 74.88% of the company's total revenue.