NorthWestern Corporation Market Cap ($4.31 Billion)
Market Cap & Net Worth: NorthWestern Corporation (NWE)
NorthWestern Corporation market cap. NorthWestern Corporation (NASDAQ:NWE) has a market capitalization of $4.31 Billion ($4.31 Billion) as of November 5, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #3824 globally and #1368 in its home market, demonstrating a 1.91% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying NorthWestern Corporation's stock price $79.95 by its total outstanding shares 61517850 (61.52 Million). Also see NorthWestern Corporation cash flow conversion for how efficiently the company converts equity into cash flow.
NorthWestern Corporation Market Cap History (2015–2026)
NorthWestern Corporation market cap history from 2015 to 2026. Data shows growth from $2.35 Billion to $4.92 Billion (6.64% CAGR). Check NWE stock price and chart for real-time trading data and today's change.
Index Memberships
NorthWestern Corporation is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.20 Trillion | 0.01% | #451 of 3165 |
|
S&P Midcap 400
MID
|
$3.35 Trillion | 0.14% | #305 of 401 |
Weight: NorthWestern Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
NorthWestern Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how NorthWestern Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore NWE year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
2.47x
NorthWestern Corporation's market cap is 2.47 times its annual revenue
Latest Price to Earnings (P/E) Ratio
21.92x
NorthWestern Corporation's market cap is 21.92 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $2.55 Billion | $1.26 Billion | $164.17 Million | 2.03x | 15.51x |
| 2017 | $2.77 Billion | $1.31 Billion | $162.70 Million | 2.12x | 17.02x |
| 2018 | $2.87 Billion | $1.19 Billion | $196.96 Million | 2.40x | 14.55x |
| 2019 | $3.57 Billion | $1.26 Billion | $202.12 Million | 2.84x | 17.65x |
| 2020 | $3.03 Billion | $1.20 Billion | $155.22 Million | 2.53x | 19.50x |
| 2021 | $3.09 Billion | $1.37 Billion | $186.84 Million | 2.25x | 16.54x |
| 2022 | $3.35 Billion | $1.48 Billion | $183.01 Million | 2.27x | 18.32x |
| 2023 | $3.01 Billion | $1.42 Billion | $194.13 Million | 2.12x | 15.53x |
| 2024 | $3.29 Billion | $1.51 Billion | $224.11 Million | 2.17x | 14.67x |
| 2025 | $3.97 Billion | $1.61 Billion | $181.09 Million | 2.47x | 21.92x |
Competitor Companies of NWE by Market Capitalization
Companies near NorthWestern Corporation in the global market cap rankings as of November 5, 2026. Also see NWE asset base for a full breakdown of the balance sheet.
Key companies related to NorthWestern Corporation by market ranking:
- Nextera Energy Inc (NYSE:NEE): Ranked #125 globally with a market cap of $175.63 Billion USD.
- Southern Company (NYSE:SO): Ranked #262 globally with a market cap of $97.89 Billion USD.
- Duke Energy Corporation (NYSE:DUK): Ranked #265 globally with a market cap of $97.35 Billion USD.
- National Grid PLC ADR (NYSE:NGG): Ranked #310 globally with a market cap of $86.46 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #125 | Nextera Energy Inc | NYSE:NEE | $175.63 Billion | $84.33 |
| #262 | Southern Company | NYSE:SO | $97.89 Billion | $93.75 |
| #265 | Duke Energy Corporation | NYSE:DUK | $97.35 Billion | $126.51 |
| #310 | National Grid PLC ADR | NYSE:NGG | $86.46 Billion | $86.96 |
Market Capitalization of NorthWestern Corporation (2015–2026)
Market capitalization of NorthWestern Corporation from 2015 to today. Between 2015 and today, NorthWestern Corporation's market cap moved from $2.35 Billion to $ 4.92 Billion, with a yearly change of 6.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $4.92 Billion | +23.88% |
| 2025 | $3.97 Billion | +20.73% |
| 2024 | $3.29 Billion | +9.11% |
| 2023 | $3.01 Billion | -10.12% |
| 2022 | $3.35 Billion | +8.49% |
| 2021 | $3.09 Billion | +2.10% |
| 2020 | $3.03 Billion | -15.15% |
| 2019 | $3.57 Billion | +24.50% |
| 2018 | $2.87 Billion | +3.52% |
| 2017 | $2.77 Billion | +8.74% |
| 2016 | $2.55 Billion | +8.45% |
| 2015 | $2.35 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of NorthWestern Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.31 Billion USD |
| MoneyControl | $4.31 Billion USD |
| MarketWatch | $4.31 Billion USD |
| marketcap.company | $4.31 Billion USD |
| Reuters | $4.31 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About NorthWestern Corporation
NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities… Read more