NWNNYSE—63

Northwest Natural Holding Co

Natural Gas UtilitiesVerified

Northwest Natural Holding Co (NWN) is currently classified as Utilities within Natural Gas Utilities (Utilities). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 6,167,041,000 USD, total equity 1,475,076,000, short-term debt 160,627,000, long-term debt 2,272,202,000. Net cash position is approximately -2,396,156,000 USD. Profitability profile: revenue 1,289,363,000, gross profit 0, operating income 280,891,000, net income 113,319,000. Return on equity ~7.7%. Return on assets ~1.8%. Operating-cash-flow to net-income ratio is 2.37. Risk profile from automated assessment: liquidity risk high, dilution risk low. Flags: Current liabilities exceed current assets.; Net cash is negative after subtracting total debt..

30-day price · NWN-1.67 (-3.2%)

Low$46.50High$57.23Close$49.75As of15 May, 00:00 UTC

Profile

CompanyNorthwest Natural Holding Co

ExchangeNYSE

TickerNWN

CIK0001733998

SICNatural Gas Distribution

SectorUtilities

BusinessUtilities

Industry groupUtilities

IndustryNatural Gas Utilities

AI analysis

Business. Northwest Natural Holding Co is classified under Utilities / Natural Gas Utilities and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Natural Gas Utilities, Utilities, Utilities.

Key takeaways

Return on equity is about 7.7%.
Debt to equity is about 1.65x.

Financial snapshot

PeriodFY2025

CurrencyUSD

Revenue$1.29B

Gross profit—

Operating income$280.9M

Net income$113.3M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$269.1M

CapEx$466.9M

Free cash flow-$197.8M

Total assets$6.17B

Total liabilities—

Total equity$1.48B

Cash & equivalents$36.7M

Long-term debt$2.27B

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY2025$1.29B$280.9M$113.3M-$197.8M

FY2024$1.15B$191.1M$78.9M-$194.1M

FY2025$1.15B$191.1M$78.9M-$194.1M

FY2023$1.20B$184.9M$93.9M-$47.4M

FY2024$1.20B$184.9M$93.9M-$47.4M

PeriodGross %Op %Net %FCF %

FY2025————

FY2024————

FY2025————

FY2023————

FY2024————

PeriodAssetsEquityCashDebt

FY2025$6.17B$1.48B$36.7M—

FY2024$5.23B$1.39B$38.5M—

FY2025$5.23B$1.39B$38.5M—

FY2023$4.87B$1.28B$32.9M—

FY2024$4.87B$1.28B$32.9M—

PeriodOCFCapExFCFSBC

FY2025$269.1M$466.9M-$197.8M—

FY2024$200.3M$394.4M-$194.1M—

FY2025$200.3M$394.4M-$194.1M—

FY2023$279.9M$327.3M-$47.4M—

FY2024$279.9M$327.3M-$47.4M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

Q3 2025$895.2M$169.1M$55.5M-$66.8M

Q2 2025$730.5M$181.6M$85.4M$59.1M

Q3 2025————

Q1 2025$494.3M$154.4M$87.9M$77.4M

PeriodGross %Op %Net %FCF %

Q3 2025————

Q2 2025————

Q3 2025————

Q1 2025————

PeriodAssetsEquityCashDebt

Q3 2025$5.85B$1.43B$32.2M—

Q2 2025$5.79B$1.46B$102.6M—

Q3 2025—$1.46B——

Q1 2025$5.71B$1.46B$100.0M—

PeriodOCFCapExFCFSBC

Q3 2025$265.9M$332.7M-$66.8M—

Q2 2025$281.8M$222.7M$59.1M—

Q3 2025————

Q1 2025$179.6M$102.2M$77.4M—

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book—

Net cash-$2.40B

Current ratio0.7

Debt/Equity1.6

ROA1.8%

ROE7.7%

Cash conversion2.4%

CapEx/Revenue36.2%

SBC/Revenue—

Asset intensity0.7

Dilution ratio-1.5%

Risk assessment

Dilution riskLow

Liquidity riskHigh

Current liabilities exceed current assets.
Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Utilities · cohort 10 companies

MetricNWNActivity

Op margin21.8%23.0% medp25 18.0% · p75 24.5%below median

Net margin8.8%12.8% medp25 9.6% · p75 14.9%bottom quartile

Gross margin—36.3% medp25 36.3% · p75 36.3%

R&D / revenue—144.6% medp25 144.6% · p75 144.6%

CapEx / revenue36.2%36.1% medp25 30.7% · p75 43.6%above median

Debt / equity165.0%106.3% medp25 83.9% · p75 133.8%top quartile

Observations

IR observations

market data ESG controversies score100.0

market data ESG governance pillar61.9

market data ESG social pillar71.0

market data insider trading score3.0

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

SEC filingstype companyfacts · CIK 0001733998 · 318 us-gaap concepts

data.sec.gov/CIK0001733998.json

2026-05-01 16:18 UTC#06f23772

Source: analysis-pipeline (hybrid)Generated: 2026-05-01 16:19 UTCJob: 9223d291