NorthWestern (NWE) Revenue & Revenue Breakdown
NorthWestern Revenue Highlights
Latest Revenue (Y)
$1.42B
Latest Revenue (Q)
$475.30M
Main Segment (Y)
Electricity, US Regulated
NorthWestern Revenue by Period
NorthWestern Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.42B | -3.77% |
| 2022-12-31 | $1.48B | 7.69% |
| 2021-12-31 | $1.37B | 14.49% |
| 2020-12-31 | $1.20B | -4.71% |
| 2019-12-31 | $1.26B | 5.53% |
| 2018-12-31 | $1.19B | -8.70% |
| 2017-12-31 | $1.31B | 3.85% |
| 2016-12-31 | $1.26B | 3.54% |
| 2015-12-31 | $1.21B | 0.78% |
| 2014-12-31 | $1.20B | 4.36% |
| 2013-12-31 | $1.15B | 7.86% |
| 2012-12-31 | $1.07B | -4.20% |
| 2011-12-31 | $1.12B | 0.59% |
| 2010-12-31 | $1.11B | -2.73% |
| 2009-12-31 | $1.14B | -9.43% |
| 2008-12-31 | $1.26B | 5.06% |
| 2007-12-31 | $1.20B | 5.95% |
| 2006-12-31 | $1.13B | -2.84% |
| 2005-12-31 | $1.17B | 466.03% |
| 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 | $7.13B | 137.40% |
| 1999-12-31 | $3.00B | 153.08% |
| 1998-12-31 | $1.19B | 29.31% |
| 1997-12-31 | $918.00M | 166.86% |
| 1996-12-31 | $344.00M | 67.80% |
| 1995-12-31 | $205.00M | 30.41% |
| 1994-12-31 | $157.20M | 2.54% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $475.30M | 33.51% |
| 2023-12-31 | $356.01M | 10.88% |
| 2023-09-30 | $321.09M | 10.53% |
| 2023-06-30 | $290.50M | -36.08% |
| 2023-03-31 | $454.50M | 6.87% |
| 2022-12-31 | $425.28M | 26.92% |
| 2022-09-30 | $335.07M | 3.73% |
| 2022-06-30 | $323.00M | -18.12% |
| 2022-03-31 | $394.48M | 13.57% |
| 2021-12-31 | $347.34M | 6.56% |
| 2021-09-30 | $325.95M | 9.30% |
| 2021-06-30 | $298.22M | -25.60% |
| 2021-03-31 | $400.80M | 27.87% |
| 2020-12-31 | $313.44M | 11.70% |
| 2020-09-30 | $280.61M | 4.18% |
| 2020-06-30 | $269.36M | -19.66% |
| 2020-03-31 | $335.25M | 2.18% |
| 2019-12-31 | $328.10M | 19.38% |
| 2019-09-30 | $274.84M | 1.52% |
| 2019-06-30 | $270.72M | -29.54% |
| 2019-03-31 | $384.22M | 24.42% |
| 2018-12-31 | $308.82M | 10.34% |
| 2018-09-30 | $279.87M | 6.90% |
| 2018-06-30 | $261.82M | -23.33% |
| 2018-03-31 | $341.50M | -0.88% |
| 2017-12-31 | $344.55M | 11.17% |
| 2017-09-30 | $309.93M | 9.19% |
| 2017-06-30 | $283.86M | -22.72% |
| 2017-03-31 | $367.31M | 11.11% |
| 2016-12-31 | $330.59M | 9.83% |
| 2016-09-30 | $301.00M | 2.69% |
| 2016-06-30 | $293.12M | -11.85% |
| 2016-03-31 | $332.54M | 2.32% |
| 2015-12-31 | $324.99M | 19.16% |
| 2015-09-30 | $272.74M | 0.81% |
| 2015-06-30 | $270.56M | -21.81% |
| 2015-03-31 | $346.01M | 10.57% |
| 2014-12-31 | $312.95M | 24.23% |
| 2014-09-30 | $251.91M | -6.80% |
| 2014-06-30 | $270.28M | -26.90% |
| 2014-03-31 | $369.72M | 15.87% |
| 2013-12-31 | $319.09M | 21.67% |
| 2013-09-30 | $262.25M | 0.80% |
| 2013-06-30 | $260.16M | -16.89% |
| 2013-03-31 | $313.02M | 11.49% |
| 2012-12-31 | $280.77M | 19.04% |
| 2012-09-30 | $235.87M | -3.57% |
| 2012-06-30 | $244.60M | -20.87% |
| 2012-03-31 | $309.10M | 9.14% |
| 2011-12-31 | $283.21M | 16.05% |
| 2011-09-30 | $244.04M | -3.08% |
| 2011-06-30 | $251.81M | -25.56% |
| 2011-03-31 | $338.26M | 15.97% |
| 2010-12-31 | $291.67M | 21.12% |
| 2010-09-30 | $240.82M | -1.33% |
| 2010-06-30 | $244.06M | -26.97% |
| 2010-03-31 | $334.17M | 10.50% |
| 2009-12-31 | $302.41M | 29.85% |
| 2009-09-30 | $232.89M | -1.20% |
| 2009-06-30 | $235.71M | -36.45% |
| 2009-03-31 | $370.90M | 13.75% |
| 2008-12-31 | $326.07M | 19.77% |
| 2008-09-30 | $272.24M | -1.54% |
| 2008-06-30 | $276.51M | -28.36% |
| 2008-03-31 | $385.98M | 25.31% |
| 2007-12-31 | $308.02M | - |
NorthWestern generated $475.30M in revenue during Q1 2024, up 33.51% compared to the previous quarter, and up 111.76% compared to the same period a year ago.
NorthWestern Revenue Breakdown
NorthWestern Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Electricity, US Regulated | $1.11B | $1.05B | $940.82M | $981.18M | $921.09M |
| Natural Gas, US Regulated | $371.27M | $320.13M | $257.86M | $276.73M | $270.92M |
| Intersegment Eliminations | - | - | - | - | - |
| Other Segments | - | - | - | - | - |
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/Service | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Electricity, US Regulated | $280.03M | $229.27M | $295.31M | $299.15M | $292.27M | $243.42M | $271.73M | $253.20M | $287.47M | $241.44M | $270.07M | - | - | - | - | - | - | - | - | - |
| Natural Gas, US Regulated | $41.06M | $61.24M | $159.23M | $126.13M | $42.80M | $79.59M | $122.75M | $94.14M | $38.48M | $56.78M | $130.73M | - | - | - | - | - | - | - | - | - |
| Gas Domestic Regulated | - | - | - | - | - | - | - | - | - | - | - | $79.40M | $36.45M | $51.42M | $90.63M | $80.90M | $33.60M | $51.06M | $111.18M | $81.00M |
| Electric Domestic Regulated | - | - | - | - | - | - | - | - | - | - | - | $234.10M | $244.16M | $217.94M | $244.63M | $247.30M | $241.24M | $219.66M | $273.04M | $227.80M |
| Intersegment Eliminations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Segments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
NorthWestern's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Electricity, US Regulated (87.21%), and Natural Gas, US Regulated (12.79%).
NorthWestern Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 18 | Mar 18 |
|---|---|---|
| SOUTH DAKOTA | $5.60M | $11.40M |
| NEBRASKA | $5.00M | $11.40M |
| MONTANA | $17.60M | $40.90M |
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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CIG | Companhia Energética de Minas Gerais | $36.85B | $9.06B |
| ELP | Companhia Paranaense de Energia - COPEL | $21.48B | $5.42B |
| BIP | Brookfield Infrastructure Partners | $17.93B | $5.19B |
| AES | AES | $12.67B | $2.94B |
| BKH | Black Hills | $2.33B | $402.60M |
| ALE | ALLETE | $1.88B | $354.50M |
| AVA | Avista | $1.75B | $609.42M |
| NWE | NorthWestern | $1.42B | $475.30M |
| OTTR | Otter Tail | $1.35B | $342.34M |
| MNTK | Montauk Renewables | $174.90M | $43.34M |
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 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). The company's quarterly revenue for Q4 2023 was $356.01M, a 10.88% increase from the previous quarter (Q3 2023), and a -16.29% decrease year-over-year (Q4 2022). NWE's quarterly revenue for Q3 2023 was $321.09M, a 10.53% increase from the previous quarter (Q2 2023), and a -4.17% decrease year-over-year (Q3 2022).
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 Electricity, US Regulated, and Natural Gas, US Regulated. Electricity, US Regulated generated $1.11B in revenue, accounting 74.88% of the company's total revenue, up 5.17% year-over-year. Natural Gas, US Regulated generated $371.27M in revenue, accounting 25.12% of the company's total revenue, up 15.97% 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.