Operating Income (Quarterly)

Operating Income: The income after operating expenses.

NorthWestern Corporation (NWE) had Operating Income of $114.11M for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$497.57M
Net Income	$63.46M
Cost of Goods Sold	$145.56M
Gross Profit	$352.00M
Operating Expenses	$383.46M
Operating Income	$114.11M
Non-Operating Income/Expense	$-36.86M
Pre-Tax Income	$77.25M
Normalized Pre-Tax Income	$77.25M
Income after Taxes	$63.46M
Income from Continuous Operations	$63.46M
Consolidated Net Income/Loss	$63.46M
Normalized Income after Taxes	$63.46M
EBIT	$114.11M
EBITDA	$181.92M
Weighted-Average Shares Outstanding (Basic)	61.46M
Weighted-Average Shares Outstanding (Diluted)	61.63M
Earnings per Share (EPS) (Basic)	$1.03
Earnings per Share (EPS) (Diluted)	$1.03
Balance Sheet Financials
Current Assets	$513.17M
Property, Plant, and Equipment	$6.79B
Long-Term Assets	$8.07B
Total Assets	$8.58B
Current Liabilities	$730.92M
Long-Term Debt	$3.19B
Long-Term Liabilities	$4.94B
Total Liabilities	$5.67B
Common Equity	$2.91B
Tangible Shareholders Equity	$2.54B
Shareholders Equity	$2.91B
Common Shares Outstanding	61.50M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$159.41M
Cash Flow from Investing Activities	$-116.08M
Cash Flow from Financial Activities	$-46.47M
Beginning Cash	$30.74M
End Cash	$27.61M
Increase/Decrease in Cash	$-3.13M
Stock-Based Compensation	$2.04M
Common Stock Dividends Paid	$-41.04M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.70
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.52
Debt to Equity Ratio	1.18
Gross Margin	70.74%
Operating Margin	22.93%
EBIT Margin	22.93%
EBITDA Margin	--
Pre-Tax Profit Margin	15.53%
Profit Margin	12.75%
Free Cash Flow	$43.33M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.06
Inventory Turnover	1.09
Receiveable Turnover	2.50
Days Sales in Receivables	36.04
Return on Equity	2.18%
Return on Tangible Equity	2.50%
Return on Assets	0.74%
Return on Investments	1.04%
Book Value Per Share	$47.30
Free Cash Flow per Share	$0.70
Operating Cash Flow per Share	$2.59

Data from Zacks Investment Research, Inc.