Northwest Natural Holding Company (NWN) financials
Northwest Natural Holding revenue and earnings by year
Northwest Natural Holding's revenue was $1.29 billion in the fiscal year to December 31, 2025, up 11.8% from the year before. Net income was $113 million, 8.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 7.6% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.29 | 1.15 | 1.20 | 1.04 | 0.86 | 0.77 | 0.75 | 0.71 | 0.76 | 0.67 |
| Revenue growth | 11.8% | -3.7% | 15.4% | 20.6% | 11.2% | 3.7% | 5.7% | -6.5% | 13.0% | — |
| Gross profit | 0.52 | 0.40 | 0.38 | 0.34 | 0.33 | 0.30 | 0.28 | 0.26 | 0.28 | 0.27 |
| Gross margin | 40.2% | 34.5% | 31.3% | 32.9% | 38.3% | 38.8% | 37.9% | 37.4% | 36.8% | 40.5% |
| Operating income | 0.33 | 0.24 | 0.23 | 0.21 | 0.20 | 0.18 | 0.18 | 0.16 | 0.18 | 0.18 |
| Operating margin | 25.8% | 20.8% | 19.3% | 20.1% | 23.4% | 23.7% | 23.6% | 23.3% | 24.0% | 26.9% |
| Net income | 0.11 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | 0.06 | 0.06 | -0.06 | 0.06 |
| Net margin | 8.8% | 6.8% | 7.8% | 8.3% | 9.1% | 9.9% | 8.3% | 9.1% | -7.4% | 8.8% |
| Diluted EPS | $2.77 | $2.03 | $2.59 | $2.54 | $2.56 | $2.51 | $2.10 | $2.24 | -$1.93 | $2.12 |
| Free cash flow | -0.09 | -0.12 | -0.01 | -0.17 | -0.14 | -0.12 | -0.05 | -0.04 | -0.01 | 0.08 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open NWN in Markets.
See also: NWN valuation and P/E history · NWN returns
No forecast, no recommendation. This page describes Northwest Natural Holding Company from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.