NWNNYSENatural Gas DistributionFiscal year ends December 31
Northwest Natural Holding Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$47.96−1.03 (-2.10%)
Close on Oct 19, 2026
- Market cap
- $2.02B
- P/E (TTM)
- 16.0
- Dividend yield
- 4.09%
Northwest Natural statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Natural Gas Distribution companies for comparison
Valuation
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Market Cap | $2.02B | $3.98B |
| Enterprise Value | $4.62B | $6.55B |
| PE Ratio | 15.99 | 20.58 |
| PS Ratio | 1.56 | 2.73 |
| PB Ratio | 1.29 | 1.90 |
| P/TBV Ratio | 1.70 | 2.09 |
| P/OCF Ratio | 9.47 | 9.54 |
Enterprise value
| Measure | Northwest Natural | Industry median |
|---|---|---|
| EV / Sales | 3.57 | 4.36 |
| EV / EBITDA | 9.89 | 13.16 |
| EV / EBIT | 15.64 | 20.85 |
Income (trailing twelve months)
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Revenue | $1.29B | $2.00B |
| Operating Income | $295.35M | $368.37M |
| Net Income | $125.99M | $132.10M |
| EBITDA | $467.17M | $646.26M |
| EPS (Diluted) | $3.00 | $1.96 |
Margins
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Operating Margin | 22.8% | 19.0% |
| Profit Margin | 9.75% | 10.9% |
| EBITDA Margin | 36.1% | 33.2% |
| FCF Margin | -20.6% | -7.60% |
Returns
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Return on Equity (ROE) | 8.35% | 9.00% |
| Return on Assets (ROA) | 2.06% | 2.65% |
| Return on Invested Capital (ROIC) | 5.91% | 5.72% |
| Return on Capital Employed (ROCE) | 5.10% | 4.66% |
Growth
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 4.41% | 7.75% |
| Net Income Growth (YoY) | 22.0% | 7.72% |
| EPS Growth (YoY) | 18.6% | 5.30% |
| Revenue Growth (3Y CAGR) | 7.52% | 3.89% |
| Revenue Growth (5Y CAGR) | 10.8% | 7.80% |
| EPS Growth (3Y CAGR) | 2.93% | 6.07% |
| EPS Growth (5Y CAGR) | 1.99% | 6.26% |
Balance sheet
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $24.23M | $50.00M |
| Total Debt | $2.62B | $3.70B |
| Net Cash (Debt) | -$2.60B | -$2.29B |
| Net Cash Per Share | -$61.75 | -$20.82 |
| Equity (Book Value) | $1.56B | $1.80B |
| Book Value Per Share | $37.04 | $17.05 |
| Tangible Book Value | $1.19B | $1.17B |
| Working Capital | -$147.86M | -$10.38M |
Financial position
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Current Ratio | 0.77 | 0.91 |
| Quick Ratio | 0.04 | 0.38 |
| Debt / Equity | 1.68 | 1.22 |
| Debt / EBITDA | 5.62 | 4.95 |
| Net Debt / EBITDA | 5.56 | 4.86 |
Cash flow (trailing twelve months)
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Operating Cash Flow | $213.20M | $490.82M |
| Capital Expenditures | -$479.18M | -$780.91M |
| Free Cash Flow | -$265.98M | -$31.23M |
| FCF Per Share | -$6.32 | -$0.72 |
Efficiency
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Asset Turnover | 0.21 | 0.23 |
| Revenue Per Employee | $32.32M | $1.10M |
| Profits Per Employee | $3.15M | $117.32K |
| Employee Count | 40 | 1,512 |
Dividends and yields
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Earnings Yield | 6.24% | 4.25% |
| FCF Yield | -13.2% | -4.20% |
| Dividend Yield | 4.09% | 2.92% |
| Buyback Yield | -2.24% | -1.11% |
| Shareholder Yield | 1.85% | 1.63% |
| Dividend Per Share | $1.96 | $1.98 |
| Dividend Growth (YoY) | 0.51% | 5.10% |
| Years of Dividend Growth | 9 | 10 |
| Payout Ratio | 62.7% | 57.6% |
Shares
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Shares Outstanding | 42,093,500 | 128,474,000 |
| Shares Change (YoY) | 4.65% | 2.04% |
| Shares Change (QoQ) | 0.03% | 0.05% |
| Float | 41,833,600 | 115,223,500 |
| Shares Held by Insiders | 0.62% | 1.57% |
| Shares Held by Institutions | 80.9% | 81.0% |
Taxes
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Income Tax | $40.92M | $31.77M |
Scores
| Measure | Northwest Natural | Industry median |
|---|---|---|
| Graham Number | $50.00 | $46.07 |
| Graham Upside | 4.26% | -25.1% |
| Altman Z-Score | 0.68 | 1.00 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Northwest Natural's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.