# NORTHWESTERN ENERGY GROUP, INC. (NWE) · Edgar & Edgarette company card

> Northwestern Energy Group (NWE) grew revenue 6.4% in FY2025 to $1.6 billion, operating margin 20.2%, in line with the 20.2% median for electric & other services combined, equity 34.1% of assets, and dividend per share up 4 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1993004 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NWE) · [JSON](https://www.pops4.com/boards/company/NWE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.6B |
| Revenue growth, 1 year | 6.4% |
| Revenue growth per year | 4.1% |
| Operating margin | 20.2% (prior year 21.4%) |
| Net margin | 11.2% |
| Operating cash flow | $394M |
| Capital spending | $524M |
| Free cash flow | −$130M |
| Cash | $9M |
| Long-term debt | $3.3B |
| Total assets | $8.5B |
| Total equity | $2.9B |
| Equity ÷ assets | 34.1% |
| Return on equity | 6.3% |
| Dividend per share | $2.64 |
| Dividend years rising | 4 |

## Readings, computed from those figures

- Piotroski F: 6 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow now · steady, with strong cash arriving today

## Edgarette's reading

Exposure: revenue $1.6B (FY2025), total debt $3.3B. Experience: revenue up 6.4% on the year, up 4.1% a year over 4 years; operating margin 20.2%, down from 21.4%. Soundness: equity 34.1% of assets, return on equity 6.3%, payout 89.1% of profit, dividend per share up 4 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.5B and $1.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.4B to $1.9B. A statistical range, not company guidance. Against peers (18 filers, $50M+ revenue, electric & other services combined): operating margin 20.2% against a 20.2% median; growth 6.4% against 13.8%.

Range logged 2026-09-29, receipt 751ce41ff62328a8, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-02-17 ([filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000010/0001993004-26-000010-index.htm))

## Recent filings

- 8-K · filed 2026-09-09 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000054/0001993004-26-000054-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000052/0001993004-26-000052-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000050/0001993004-26-000050-index.htm)
- 8-K · filed 2026-06-22 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000046/0001993004-26-000046-index.htm)
- 8-K · filed 2026-06-02 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm)
- 8-K · filed 2026-06-02 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1993004/000199300426000042/0001993004-26-000042-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001993004.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1993004

## Cite

POPS4, Edgar & Edgarette: NORTHWESTERN ENERGY GROUP, INC. (NWE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/NWE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.