NorthWestern Corporation Free Cash Flow Generation Index
NorthWestern Corporation free cash flow generation index. NorthWestern Corporation (NWE) has a Free Cash Flow Generation Index of -1.56x as of June 2026. Free cash flow of $-114.87 Million represents -2% of operating cash flow ($73.82 Million). Check asset resilience ratio of NorthWestern Corporation to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of NorthWestern Corporation (1994–2025)
Free cash flow generation index of NorthWestern Corporation from 1994 to 2025. Historical FCF Generation Index trend for NorthWestern Corporation across 30 annual periods. Explore NorthWestern Corporation capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
NorthWestern Corporation Free Cash Flow Generation Index by Year (1994–2025)
NorthWestern Corporation free cash flow generation index by year from 1994 to 2025. Year-by-year Free Cash Flow Generation Index for NorthWestern Corporation. For the full cash flow conversion analysis, see NorthWestern Corporation cash flow conversion.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.33x | $-130.00 Million | $394.45 Million | $524.46 Million | ▲ +5.9% |
| 2024 | -0.35x | $-142.50 Million | $406.74 Million | $549.24 Million | ▼ -120.7% |
| 2023 | -0.16x | $-77.66 Million | $489.23 Million | $566.89 Million | ▲ +76.5% |
| 2022 | -0.68x | $-207.90 Million | $307.24 Million | $515.14 Million | ▲ +30.6% |
| 2021 | -0.97x | $-214.35 Million | $219.98 Million | $434.33 Million | ▼ -540.0% |
| 2020 | -0.15x | $-53.61 Million | $352.15 Million | $405.76 Million | ▼ -134.0% |
| 2019 | -0.07x | $-19.30 Million | $296.70 Million | $316.00 Million | ▼ -125.3% |
| 2018 | 0.26x | $98.02 Million | $381.99 Million | $283.97 Million | ▲ +76.0% |
| 2017 | 0.15x | $47.17 Million | $323.61 Million | $276.44 Million | ▲ +3691.8% |
| 2016 | 0.00x | $1.11 Million | $289.01 Million | $287.90 Million | ▼ -97.7% |
| 2015 | 0.17x | $56.11 Million | $339.82 Million | $283.70 Million | ▲ +302.9% |
| 2014 | -0.08x | $-20.34 Million | $250.04 Million | $270.38 Million | ▲ +57.1% |
| 2013 | -0.19x | $-36.74 Million | $193.72 Million | $230.45 Million | ▼ -249.1% |
| 2012 | 0.13x | $31.96 Million | $251.19 Million | $219.23 Million | ▼ -33.9% |
| 2011 | 0.19x | $45.03 Million | $233.76 Million | $188.73 Million | ▲ +546.1% |
| 2010 | -0.04x | $-9.45 Million | $218.92 Million | $228.37 Million | ▲ +93.0% |
| 2009 | -0.62x | $-72.56 Million | $116.80 Million | $189.36 Million | ▼ -267.0% |
| 2008 | 0.37x | $73.76 Million | $198.33 Million | $124.56 Million | ▼ -11.5% |
| 2007 | 0.42x | $84.88 Million | $201.96 Million | $117.08 Million | ▲ +3.7% |
| 2006 | 0.41x | $68.86 Million | $169.90 Million | $101.05 Million | ▼ -12.4% |
| 2005 | 0.46x | $69.63 Million | $150.51 Million | $80.88 Million | ▲ +119.2% |
| 2002 | -2.41x | $-81.90 Million | $34.04 Million | $115.94 Million | ▼ -454.7% |
| 2001 | 0.68x | $86.13 Million | $127.00 Million | $40.87 Million | ▲ +16.6% |
| 2000 | 0.58x | $44.63 Million | $76.72 Million | $32.10 Million | ▲ +6.7% |
| 1999 | 0.55x | $39.10 Million | $71.70 Million | $32.60 Million | ▼ -19.4% |
| 1998 | 0.68x | $47.30 Million | $69.90 Million | $22.60 Million | ▲ +79.8% |
| 1997 | 0.38x | $23.60 Million | $62.70 Million | $39.10 Million | ▲ +1810.2% |
| 1996 | 0.02x | $1.20 Million | $60.90 Million | $59.70 Million | ▲ +114.5% |
| 1995 | -0.14x | $-4.80 Million | $35.40 Million | $40.20 Million | ▼ -199.1% |
| 1994 | 0.14x | $3.60 Million | $26.30 Million | $22.70 Million | — |