NORTHWESTERN CORP
Utilities · Electric & Other Services Combined · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.33B | $1.21B | $1.23B | $1.19B | $1.31B |
| Operating income | $263.1M | $275.7M | $236.2M | $276.9M | $266.3M | $271.7M |
| Net income | $183.0M | $186.8M | $155.2M | $202.1M | $197.0M | $162.7M |
| Total assets | $7.32B | $6.78B | $6.39B | $6.08B | $5.81B | $5.42B |
| Total liabilities | $4.65B | $4.44B | $4.31B | $4.04B | $3.70B | $3.62B |
| Equity | $2.67B | $2.34B | $2.08B | $2.04B | $1.94B | $1.80B |
| EPS (diluted) | $3.25 | $3.60 | $3.06 | $3.98 | $3.92 | $3.34 |
| Shares out. | 54.1M | 50.6M | 50.5M | 50.3M | 49.4M | 48.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 18.0%
- Net margin
- 12.5%
- Return on equity
- 6.9%
- Return on assets
- 2.5%
- Return on capital (ROCE)
- 3.9%
- Liabilities / assets
- 63.6%
- Debt / equity
- 1.75×
- Book value / share
- $49.28
- Revenue growth (YoY)
- 10.0%
- Net income growth (YoY)
- −2.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- 1.11grey zone
- Accruals / assets
- −1.7%clean
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 4 good- Altman Z″ in the grey zone
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Ide Britt EDirector | May 16, 2023 | Sell | 1,200 | $58.65 |
| Edwards Sherina M.Director | May 9, 2023 | Grant | 2,833 | $58.94 |
| Heim ShannonOfficer — Vice President and GC | Mar 7, 2023 | Grant | 1,330 | $0.00 |
| Lail Crystal DawnOfficer — Chief Financial Officer | Mar 7, 2023 | Grant | 2,774 | $0.00 |
| Hines John DOfficer — VP - Supply & MT GA | Mar 7, 2023 | Grant | 1,109 | $0.00 |
| Schroeppel Bobbi LOfficer — VP HR, CC & Comm | Mar 7, 2023 | Grant | 1,104 | $0.00 |
| Vold JeanneOfficer — Vice President of Technology | Mar 7, 2023 | Grant | 753 | $0.00 |
| Bird Brian BOfficer — President and CEO | Mar 7, 2023 | Grant | 9,355 | $0.00 |
| Pohl Curtis TOfficer — VP - Asset Mgmt, Bus. Dvlpmt | Mar 7, 2023 | Grant | 1,141 | $0.00 |
| Merkel JasonOfficer — VP - Distribution | Mar 7, 2023 | Grant | 596 | $0.00 |
| Fang CynthiaOfficer — Vice President - Regulatory | Mar 7, 2023 | Grant | 573 | $0.00 |
| Berzina Jeffrey B.Officer — Controller | Mar 7, 2023 | Grant | 420 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Regulation FD disclosureDec 6, 2023
- Entered a material agreement · New financial obligationDec 5, 2023
- Regulation FD disclosureNov 13, 2023
- Results of operations · Regulation FD disclosureOct 27, 2023
- Entered a material agreement · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylawsOct 2, 2023
- Regulation FD disclosureSep 13, 2023
- Results of operations · Regulation FD disclosureJul 25, 2023
- New financial obligationJul 6, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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