NorthWestern Corporation Tangible Net Worth Ratio
NorthWestern Corporation tangible net worth ratio. NorthWestern Corporation (NWE) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($2.90 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore NWE shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of NorthWestern Corporation (1994–2025)
Tangible net worth ratio of NorthWestern Corporation from 1994 to 2025. This chart shows how NorthWestern Corporation's Tangible Net Worth Ratio has changed across 30 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $2.90 Billion with intangible assets of $0.00 USD. Check how strategically is NorthWestern Corporation's equity deployed to assess the company's strategic physical and investment asset allocation.
NorthWestern Corporation Tangible Net Worth Ratio by Year (1994–2025)
NorthWestern Corporation tangible net worth ratio by year from 1994 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for NorthWestern Corporation from 1994 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see NorthWestern Corporation stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $2.89 Billion | $0.00 | $8.46 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | $2.86 Billion | $0.00 | $8.00 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | $2.79 Billion | $0.00 | $7.60 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | $2.67 Billion | $0.00 | $7.32 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | $2.34 Billion | $0.00 | $6.78 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | $2.08 Billion | $0.00 | $6.39 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | $2.04 Billion | $14.00K | $5.91 Billion | ▼ 0.0 pp |
| 2018 | 100.0% | $1.94 Billion | $0.00 | $5.64 Billion | ▲ +19.9 pp |
| 2017 | 80.1% | $1.80 Billion | $357.59 Million | $5.42 Billion | ▲ +1.5 pp |
| 2016 | 78.7% | $1.68 Billion | $357.59 Million | $5.50 Billion | ▲ +1.0 pp |
| 2015 | 77.7% | $1.60 Billion | $357.59 Million | $5.28 Billion | ▲ +1.7 pp |
| 2014 | 76.0% | $1.48 Billion | $355.13 Million | $4.97 Billion | ▲ +10.4 pp |
| 2013 | 65.5% | $1.03 Billion | $355.13 Million | $3.72 Billion | ▲ +3.6 pp |
| 2012 | 62.0% | $934.03 Million | $355.13 Million | $3.49 Billion | ▲ +3.3 pp |
| 2011 | 58.7% | $859.11 Million | $355.13 Million | $3.21 Billion | ▲ +2.0 pp |
| 2010 | 56.7% | $820.35 Million | $355.13 Million | $3.04 Billion | ▲ +1.8 pp |
| 2009 | 54.9% | $787.02 Million | $355.13 Million | $2.80 Billion | ▲ +1.4 pp |
| 2008 | 53.5% | $763.53 Million | $355.13 Million | $2.76 Billion | ▼ -3.4 pp |
| 2007 | 56.9% | $823.02 Million | $355.13 Million | $2.55 Billion | ▲ +15.4 pp |
| 2006 | 41.4% | $742.77 Million | $435.08 Million | $2.40 Billion | ▲ +0.4 pp |
| 2005 | 41.0% | $737.50 Million | $435.08 Million | $2.40 Billion | ▲ +2.3 pp |
| 2004 | 38.7% | $709.34 Million | $435.08 Million | $2.41 Billion | ▲ +106.6 pp |
| 2001 | -67.9% | $583.48 Million | $979.65 Million | $2.62 Billion | ▼ -24.6 pp |
| 2000 | -43.3% | $720.96 Million | $1.03 Billion | $2.90 Billion | ▼ -112.4 pp |
| 1999 | 69.1% | $665.50 Million | $205.40 Million | $1.96 Billion | ▼ -11.4 pp |
| 1998 | 80.5% | $674.60 Million | $131.50 Million | $1.74 Billion | ▼ -19.5 pp |
| 1997 | 100.0% | $370.10 Million | $0.00 | $1.11 Billion | ▲ +25.2 pp |
| 1996 | 74.8% | $354.30 Million | $89.30 Million | $1.11 Billion | ▲ +7.2 pp |
| 1995 | 67.6% | $159.00 Million | $51.50 Million | $558.70 Million | ▼ -32.4 pp |
| 1994 | 100.0% | $117.30 Million | $0.00 | $359.10 Million | — |