NorthWestern Income Statement Research

NWE Stock  USD 50.61  0.16  0.32%   
Most accounts from NorthWestern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NorthWestern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out NorthWestern Valuation and NorthWestern Correlation analysis.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.
  
At present, NorthWestern's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 332.1 M, whereas Gross Profit is forecasted to decline to about 484.9 M.
Most accounts from NorthWestern's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NorthWestern current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out NorthWestern Valuation and NorthWestern Correlation analysis.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.At present, NorthWestern's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 332.1 M, whereas Gross Profit is forecasted to decline to about 484.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit946.8M985.8M781.4M484.9M
Total Revenue1.4B1.5B1.4B1.3B

NorthWestern income statement Correlations

0.920.70.880.890.950.930.130.830.890.70.860.94-0.17-0.28-0.830.780.45-0.540.55-0.470.59-0.56
0.920.840.70.710.810.820.220.870.990.680.90.84-0.24-0.21-0.940.670.36-0.40.34-0.220.43-0.43
0.70.840.580.550.650.74-0.030.910.780.170.880.69-0.490.09-0.780.72-0.01-0.590.00.240.13-0.3
0.880.70.580.990.970.950.030.760.640.480.710.97-0.21-0.4-0.530.910.51-0.640.6-0.50.67-0.64
0.890.710.550.990.980.930.10.730.650.530.690.97-0.14-0.41-0.560.870.53-0.580.64-0.550.68-0.61
0.950.810.650.970.980.970.060.830.770.590.80.98-0.24-0.43-0.660.890.55-0.630.61-0.520.71-0.67
0.930.820.740.950.930.97-0.10.860.770.480.850.97-0.31-0.29-0.690.940.4-0.740.49-0.370.59-0.62
0.130.22-0.030.030.10.06-0.1-0.060.240.440.00.150.36-0.16-0.28-0.270.240.630.05-0.160.00.21
0.830.870.910.760.730.830.86-0.060.820.360.840.82-0.47-0.25-0.710.860.33-0.660.38-0.120.51-0.58
0.890.990.780.640.650.770.770.240.820.740.880.79-0.2-0.23-0.940.590.4-0.330.33-0.250.42-0.41
0.70.680.170.480.530.590.480.440.360.740.420.570.23-0.51-0.630.230.680.080.63-0.720.61-0.36
0.860.90.880.710.690.80.850.00.840.880.420.82-0.43-0.05-0.860.730.18-0.610.09-0.040.28-0.43
0.940.840.690.970.970.980.970.150.820.790.570.82-0.21-0.36-0.70.880.48-0.580.53-0.430.62-0.58
-0.17-0.24-0.49-0.21-0.14-0.24-0.310.36-0.47-0.20.23-0.43-0.210.150.14-0.390.030.540.08-0.22-0.180.66
-0.28-0.210.09-0.4-0.41-0.43-0.29-0.16-0.25-0.23-0.51-0.05-0.360.15-0.04-0.28-0.920.04-0.650.67-0.850.66
-0.83-0.94-0.78-0.53-0.56-0.66-0.69-0.28-0.71-0.94-0.63-0.86-0.70.14-0.04-0.47-0.130.29-0.160.1-0.20.22
0.780.670.720.910.870.890.94-0.270.860.590.230.730.88-0.39-0.28-0.470.34-0.820.46-0.240.57-0.62
0.450.36-0.010.510.530.550.40.240.330.40.680.180.480.03-0.92-0.130.340.010.71-0.750.86-0.59
-0.54-0.4-0.59-0.64-0.58-0.63-0.740.63-0.66-0.330.08-0.61-0.580.540.040.29-0.820.01-0.250.06-0.350.55
0.550.340.00.60.640.610.490.050.380.330.630.090.530.08-0.65-0.160.460.71-0.25-0.890.88-0.65
-0.47-0.220.24-0.5-0.55-0.52-0.37-0.16-0.12-0.25-0.72-0.04-0.43-0.220.670.1-0.24-0.750.06-0.89-0.830.56
0.590.430.130.670.680.710.590.00.510.420.610.280.62-0.18-0.85-0.20.570.86-0.350.88-0.83-0.82
-0.56-0.43-0.3-0.64-0.61-0.67-0.620.21-0.58-0.41-0.36-0.43-0.580.660.660.22-0.62-0.590.55-0.650.56-0.82
Click cells to compare fundamentals

NorthWestern Account Relationship Matchups

NorthWestern income statement Accounts

201920202021202220232024 (projected)
Interest Expense95.1M96.8M93.7M100.1M114.6M120.3M
Total Revenue1.3B1.2B1.4B1.5B1.4B1.3B
Gross Profit939.9M892.5M946.8M985.8M781.4M484.9M
Operating Income276.9M236.2M275.7M263.1M300.5M315.5M
Ebit276.9M236.2M275.7M263.1M316.3M332.1M
Ebitda450.2M420.7M471.4M477.5M526.8M553.1M
Net Income202.1M155.2M186.8M183.0M194.1M203.8M
Income Tax Expense(19.9M)(11.0M)3.4M(600K)7.5M7.9M
Cost Of Revenue318M306.2M425.5M492M640.8M735.2M
Income Before Tax182.2M144.2M190.3M182.4M201.7M211.8M
Tax Provision(19.9M)(11.0M)3.4M(605K)7.5M7.9M
Net Interest Income(95.1M)(96.8M)(93.7M)(100.1M)(114.6M)(120.3M)

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When determining whether NorthWestern is a strong investment it is important to analyze NorthWestern's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NorthWestern's future performance. For an informed investment choice regarding NorthWestern Stock, refer to the following important reports:
Check out NorthWestern Valuation and NorthWestern Correlation analysis.
For information on how to trade NorthWestern Stock refer to our How to Trade NorthWestern Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running NorthWestern's price analysis, check to measure NorthWestern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NorthWestern is operating at the current time. Most of NorthWestern's value examination focuses on studying past and present price action to predict the probability of NorthWestern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthWestern's price. Additionally, you may evaluate how the addition of NorthWestern to your portfolios can decrease your overall portfolio volatility.
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Is NorthWestern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NorthWestern. If investors know NorthWestern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NorthWestern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.143
Dividend Share
2.56
Earnings Share
3.22
Revenue Per Share
23.576
Quarterly Revenue Growth
(0.16)
The market value of NorthWestern is measured differently than its book value, which is the value of NorthWestern that is recorded on the company's balance sheet. Investors also form their own opinion of NorthWestern's value that differs from its market value or its book value, called intrinsic value, which is NorthWestern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NorthWestern's market value can be influenced by many factors that don't directly affect NorthWestern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NorthWestern's value and its price as these two are different measures arrived at by different means. Investors typically determine if NorthWestern is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NorthWestern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.