NWE (NorthWestern Energy Group) Gross Margin %: 56.98% (As of Jun. 2026) — Near Median

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NWE NorthWestern Energy Group Inc NWE
76 GF Score
Price $70.81
GF Value $61.97
Valuation Modestly Overvalued
! 12 Warning Signs
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What is NorthWestern Energy Group Gross Margin %?

NorthWestern Energy Group NWE +0.27% 76 Gross Margin % is 56.98% as of Jun. 2026, which is 0% below its 10-year median of 57.20. GuruFocus rates NWE with a GF Score™ of 76/100 and a GF Value™ of $61.97 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 485 Utilities - Regulated companies, NorthWestern Energy Group ranks better than 84.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. NorthWestern Energy Group's Gross Profit for the three months ended in Jun. 2026 was $224 Mil. NorthWestern Energy Group's Revenue for the three months ended in Jun. 2026 was $393 Mil. Therefore, NorthWestern Energy Group's Gross Margin % for the quarter that ended in Jun. 2026 was 56.98%.


The historical rank and industry rank for NorthWestern Energy Group's Gross Margin % or its related term are showing as below:

NWE' s Gross Margin % Range Over the Past 10 Years
Min: 51.72   Med: 57.2   Max: 77.11
Current: 55.59


During the past 13 years, the highest Gross Margin % of NorthWestern Energy Group was 77.11%. The lowest was 51.72%. And the median was 57.20%.

NWE's Gross Margin % is ranked better than
84.95% of 485 companies
in the Utilities - Regulated industry
Industry Median: 30.8 vs NWE: 55.59

NorthWestern Energy Group had a gross margin of 56.98% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NorthWestern Energy Group was 0.40% per year.


NorthWestern Energy Group  (NAS:NWE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NorthWestern Energy Group had a gross margin of 56.98% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


NorthWestern Energy Group Gross Margin % Related Terms


NorthWestern Energy Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for NorthWestern Energy Group's Gross Margin % 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.

NorthWestern Energy Group Gross Margin % Chart

NorthWestern Energy Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.81 51.72 54.94 56.29 56.87

NorthWestern Energy Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % 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 59.85 60.96 49.04 55.76 56.98

NWE vs MGEE, POR, TXNM: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, NorthWestern Energy Group's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


NorthWestern Energy Group Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NorthWestern Energy Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NorthWestern Energy Group's Gross Margin % falls into.


NWE
76GF Score
NorthWestern Energy Group Inc NWE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NorthWestern Energy Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

NorthWestern Energy Group's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=915.9 / 1610.559
=(Revenue - Cost of Goods Sold) / Revenue
=(1610.559 - 694.679) / 1610.559
=56.87 %

NorthWestern Energy Group's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=223.7 / 392.6
=(Revenue - Cost of Goods Sold) / Revenue
=(392.6 - 168.9) / 392.6
=56.98 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 56.98% mean?
NorthWestern Energy Group (NWE) has a Gross Margin % of 56.98% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NorthWestern Energy Group and its competitors. This is near median its historical median of 57.20. Over the past decade, NorthWestern Energy Group's Gross Margin % has ranged from 51.72 to 77.11. According to the industry distribution chart, NorthWestern Energy Group ranks #73 out of 485 companies in the Utilities - Regulated industry, placing it in the top 15.1%.
Is NorthWestern Energy Group's Gross Margin % too high?
NorthWestern Energy Group's current Gross Margin % of 56.98% is near median its 10-year median of 57.20. Over the past 10 years, this metric has ranged from a low of 51.72 to a high of 77.11. The Utilities - Regulated industry median Gross Margin % is 30.80. NorthWestern Energy Group's value of 56.98% is 85% above this industry median. Based on the distribution chart, NorthWestern Energy Group ranks #73 out of 485 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, NorthWestern Energy Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorthWestern Energy Group's Gross Margin % compare to MGEE and POR?
According to the Utilities - Regulated industry distribution chart, NorthWestern Energy Group ranks #73 out of 485 companies for Gross Margin %. This places NorthWestern Energy Group in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.80. NorthWestern Energy Group's value of 56.98% is 85% above this benchmark. Historically, NorthWestern Energy Group's own Gross Margin % has ranged from 51.72 to 77.11 over the past decade. While the company's 10-year median is 57.20 vs. the industry median of 30.80, NorthWestern Energy Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.80, based on 485 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NorthWestern Energy Group's current Gross Margin % of 56.98% is 85% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on NorthWestern Energy Group and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorthWestern Energy Group's current Gross Margin % is 56.98%, which is near median its own 10-year median of 57.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorthWestern Energy Group stock overvalued right now?
Based on GuruFocus' analysis, NorthWestern Energy Group (NWE) is currently considered Modestly Overvalued. The stock's GF Value™ is $61.97, compared to a current price of $70.81 — trading 14.3% above its estimated fair value. The current Gross Margin % is 56.98%, which is near median its 10-year median of 57.20 and 85% above the Utilities - Regulated industry median of 30.80. NorthWestern Energy Group's overall GF Score™ is 76/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For NorthWestern Energy Group (NWE), the current Gross Margin % is 56.98% as of Jun. 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 NorthWestern Energy Group (NWE) Overvalued in 2026?

Based on GuruFocus' analysis, NorthWestern Energy Group stock appears to be overvalued. The current stock price of $70.81 is trading 14.3% above its estimated GF Value™ of $61.97. GuruFocus considers NorthWestern Energy Group to be Modestly Overvalued.

Key valuation signals for NWE:

  • Gross Margin %: 56.98% (near median its 10-year median of 57.20)
  • GF Value™: $61.97 vs. price of $70.81 (14.3% above fair value)
  • GF Score™: 76/100 with 12 warning signs
  • Industry Position: 85% above the Utilities - Regulated median (#73 of 485)

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


NorthWestern Energy Group Business Description

Address 3010 W. 69th Street, Sioux Falls, SD, USA, 57108
NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric, which includes the generation, purchase, transmission, and distribution of electricity, and Natural Gas, which includes the production, purchase, transmission, storage, and distribution of natural gas. It uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of its revenue from the Electric segment.
76GF Score

Get the complete analysis for NWE

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

$70.81
Price
$61.97
GF Value