NWN (Northwest Natural Holding Co) EBIT: $289 Mil (TTM As of Mar. 2026)


NWN Northwest Natural Holding Co NWN
70 GF Score
Price $50.59
GF Value $42.33
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Northwest Natural Holding Co EBIT?

Northwest Natural Holding Co NWN +0.12% 70 EBIT is $289 Mil as of Mar. 2026. GuruFocus rates NWN with a GF Score™ of 70/100 and a GF Value™ of $42.33 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Northwest Natural Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $163 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $289 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Northwest Natural Holding Co's annualized ROC % for the quarter that ended in Mar. 2026 was 7.76%. Northwest Natural Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Northwest Natural Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.04%.

Northwest Natural Holding Co  (NYSE:NWN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Northwest Natural Holding Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=651.472 * ( 1 - 25.02% )/( (6180.744 + 6401.298)/ 2 )
=488.4737056/6291.021
=7.76 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6167.041 - 219.81 - ( 36.673 - max(0, 836.445 - 602.932+36.673))
=6180.744

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6418.967 - 164.077 - ( 34.945 - max(0, 730.528 - 584.12+34.945))
=6401.298

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Northwest Natural Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=653.52/( ( (4541.707 + max(-27.512, 0)) + (4610.022 + max(97.136, 0)) )/ 2 )
=653.52/( ( 4541.707 + 4707.158 )/ 2 )
=653.52/4624.4325
=14.13 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.875 + 127.697 + 223.517) - (219.81 + 0 + 280.791)
=-27.512

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(150.545 + 134.745 + 207.159) - (164.077 + 0 + 231.236)
=97.136

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Northwest Natural Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=288.733/4776.475
=6.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northwest Natural Holding Co EBIT Related Terms

Northwest Natural Holding Co EBIT Historical Data

* Premium members only.

The historical data trend for Northwest Natural Holding Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Northwest Natural Holding Co EBIT Chart

Northwest Natural Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.56 168.68 202.80 190.03 277.19

Northwest Natural Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 151.84 27.05 -11.49 109.80 163.38

NWN vs SPH, CPK, CTRI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Northwest Natural Holding Co EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's EV-to-EBIT falls into.


NWN
70GF Score
Northwest Natural Holding Co NWN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Northwest Natural Holding Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $289 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $289 Mil mean?
Northwest Natural Holding Co (NWN) has a EBIT of $289 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northwest Natural Holding Co.
Is Northwest Natural Holding Co's EBIT too high?
Northwest Natural Holding Co's current EBIT is $289 Mil. Overall, Northwest Natural Holding Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northwest Natural Holding Co's EBIT compare to SPH and CPK?
Northwest Natural Holding Co's EBIT of $289 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Northwest Natural Holding Co. Northwest Natural Holding Co's current EBIT is $289 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northwest Natural Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Northwest Natural Holding Co (NWN) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.33, compared to a current price of $50.59 — trading 19.5% above its estimated fair value. The current EBIT is $289 Mil. Northwest Natural Holding Co's overall GF Score™ is 70/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Northwest Natural Holding Co (NWN), the current EBIT is $289 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northwest Natural Holding Co (NWN) Overvalued in 2026?

Based on GuruFocus' analysis, Northwest Natural Holding Co stock appears to be overvalued. The current stock price of $50.59 is trading 19.5% above its estimated GF Value™ of $42.33. GuruFocus considers Northwest Natural Holding Co to be Modestly Overvalued.

Key valuation signals for NWN:

  • EBIT: $289 Mil
  • GF Value™: $42.33 vs. price of $50.59 (19.5% above fair value)
  • GF Score™: 70/100 with 12 warning signs

No single metric tells the full story. See the NWN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northwest Natural Holding Co Business Description

Other Exchanges NN3:Germany
Address 250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company operates in three reportable business segments, which are NWN Gas Utility, SiEnergy, and NWN Water. The company generates maximum revenue from NWN Gas Utility segment. It also generates revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
70GF Score

Get the complete analysis for NWN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.59
Price
$42.33
GF Value