NWN (Northwest Natural Holding Co) Interest Coverage: 4.88 (As of Mar. 2026) — 43% Above Median


NWN Northwest Natural Holding Co NWN
70 GF Score
Price $50.83
GF Value $42.34
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Northwest Natural Holding Co Interest Coverage?

Northwest Natural Holding Co NWN +0.65% 70 Interest Coverage is 4.88 as of Mar. 2026, which is 43% above its 10-year median of 3.41. GuruFocus rates NWN with a GF Score™ of 70/100 and a GF Value™ of $42.34 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 449 Utilities - Regulated companies, Northwest Natural Holding Co ranks worse than 73.27% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Northwest Natural Holding Co's Operating Income for the three months ended in Mar. 2026 was $163 Mil. Northwest Natural Holding Co's Interest Expense for the three months ended in Mar. 2026 was $-33 Mil. Northwest Natural Holding Co's interest coverage for the quarter that ended in Mar. 2026 was 4.88. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Northwest Natural Holding Co interest coverage is 2.29, which is low.

The historical rank and industry rank for Northwest Natural Holding Co's Interest Coverage or its related term are showing as below:

NWN' s Interest Coverage Range Over the Past 10 Years
Min: 2.29   Med: 3.41   Max: 4.02
Current: 2.29


NWN's Interest Coverage is ranked worse than
73.27% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs NWN: 2.29

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Northwest Natural Holding Co  (NYSE:NWN) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Northwest Natural Holding Co Interest Coverage Related Terms


Northwest Natural Holding Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Northwest Natural Holding Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Northwest Natural Holding Co Interest Coverage Chart

Northwest Natural Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.67 3.15 2.42 2.39 2.29

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
Interest Coverage 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 5.25 0.89 0.00 3.47 4.88

NWN vs SPH, CPK, CTRI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Utilities - Regulated Industry

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

* The bar in red indicates where Northwest Natural Holding Co's Interest Coverage falls into.


NWN
70GF Score
Northwest Natural Holding Co NWN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northwest Natural Holding Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Northwest Natural Holding Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Northwest Natural Holding Co's Interest Expense was $-123 Mil. Its Operating Income was $281 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,347 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*280.891/-122.513
=2.29

Northwest Natural Holding Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Northwest Natural Holding Co's Interest Expense was $-33 Mil. Its Operating Income was $163 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,347 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*162.868/-33.352
=4.88

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.88 mean?
Northwest Natural Holding Co (NWN) has a Interest Coverage of 4.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Northwest Natural Holding Co and its competitors. This is 43% above median its historical median of 3.41. Over the past decade, Northwest Natural Holding Co's Interest Coverage has ranged from 2.29 to 4.02. According to the industry distribution chart, Northwest Natural Holding Co ranks #329 out of 449 companies in the Utilities - Regulated industry, placing it in the top 73.3%.
Is Northwest Natural Holding Co's Interest Coverage too high?
Northwest Natural Holding Co's current Interest Coverage of 4.88 is 43% above median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 4.02. The Utilities - Regulated industry median Interest Coverage is 3.78. Northwest Natural Holding Co's value of 4.88 is 29.1% above this industry median. Based on the distribution chart, Northwest Natural Holding Co ranks #329 out of 449 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 Interest Coverage compare to SPH and CPK?
According to the Utilities - Regulated industry distribution chart, Northwest Natural Holding Co ranks #329 out of 449 companies for Interest Coverage. This places Northwest Natural Holding Co in the lower half of its industry. The industry median Interest Coverage is 3.78. Northwest Natural Holding Co's value of 4.88 is 29.1% above this benchmark. Historically, Northwest Natural Holding Co's own Interest Coverage has ranged from 2.29 to 4.02 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 3.78, Northwest Natural Holding Co 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 Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northwest Natural Holding Co's current Interest Coverage of 4.88 is 29.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Northwest Natural Holding Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northwest Natural Holding Co's current Interest Coverage is 4.88, which is 43% above median its own 10-year median of 3.41. 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 $42.34, compared to a current price of $50.83 — trading 20.1% above its estimated fair value. The current Interest Coverage is 4.88, which is 43% above median its 10-year median of 3.41 and 29.1% above the Utilities - Regulated industry median of 3.78. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Northwest Natural Holding Co (NWN), the current Interest Coverage is 4.88 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 $50.83 is trading 20.1% above its estimated GF Value™ of $42.34. GuruFocus considers Northwest Natural Holding Co to be Modestly Overvalued.

Key valuation signals for NWN:

  • Interest Coverage: 4.88 (43% above median its 10-year median of 3.41)
  • GF Value™: $42.34 vs. price of $50.83 (20.1% above fair value)
  • GF Score™: 70/100 with 12 warning signs
  • Industry Position: 29.1% above the Utilities - Regulated median (#329 of 449)

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

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

$50.83
Price
$42.34
GF Value