NORTHWEST NATURAL HOLDING CO (NWN) Stock Fundamental Analysis

NYSE:NWN • US66765N1054

49.76 USD
-0.44 (-0.88%)
Last: Feb 18, 2026, 10:38 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall NWN gets a fundamental rating of 3 out of 10. We evaluated NWN against 14 industry peers in the Gas Utilities industry. There are concerns on the financial health of NWN while its profitability can be described as average. NWN has a decent growth rate and is not valued too expensively. Finally NWN also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year NWN was profitable.
  • NWN had a positive operating cash flow in the past year.
  • NWN had positive earnings in each of the past 5 years.
  • Each year in the past 5 years NWN had a positive operating cash flow.
NWN Yearly Net Income VS EBIT VS OCF VS FCFNWN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

1.2 Ratios

  • With a Return On Assets value of 1.72%, NWN is not doing good in the industry: 85.71% of the companies in the same industry are doing better.
  • With a Return On Equity value of 7.01%, NWN is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
  • NWN has a Return On Invested Capital of 3.50%. This is amonst the worse of the industry: NWN underperforms 92.86% of its industry peers.
  • NWN had an Average Return On Invested Capital over the past 3 years of 3.03%. This is significantly below the industry average of 8.49%.
  • The 3 year average ROIC (3.03%) for NWN is below the current ROIC(3.50%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.72%
ROE 7.01%
ROIC 3.5%
ROA(3y)1.75%
ROA(5y)1.85%
ROE(3y)6.78%
ROE(5y)7.48%
ROIC(3y)3.03%
ROIC(5y)3.09%
NWN Yearly ROA, ROE, ROICNWN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5

1.3 Margins

  • Looking at the Profit Margin, with a value of 7.94%, NWN is doing worse than 71.43% of the companies in the same industry.
  • NWN's Profit Margin has declined in the last couple of years.
  • NWN's Operating Margin of 20.07% is in line compared to the rest of the industry. NWN outperforms 57.14% of its industry peers.
  • In the last couple of years the Operating Margin of NWN has remained more or less at the same level.
  • With a decent Gross Margin value of 64.40%, NWN is doing good in the industry, outperforming 64.29% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NWN has remained more or less at the same level.
Industry RankSector Rank
OM 20.07%
PM (TTM) 7.94%
GM 64.4%
OM growth 3Y-4.37%
OM growth 5Y-0.3%
PM growth 3Y-9.23%
PM growth 5Y-3.72%
GM growth 3Y-1.06%
GM growth 5Y0.22%
NWN Yearly Profit, Operating, Gross MarginsNWN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

0

2. Health

2.1 Basic Checks

  • NWN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for NWN has been increased compared to 1 year ago.
  • Compared to 5 years ago, NWN has more shares outstanding
  • NWN has a worse debt/assets ratio than last year.
NWN Yearly Shares OutstandingNWN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
NWN Yearly Total Debt VS Total AssetsNWN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

  • NWN has an Altman-Z score of 0.67. This is a bad value and indicates that NWN is not financially healthy and even has some risk of bankruptcy.
  • NWN's Altman-Z score of 0.67 is on the low side compared to the rest of the industry. NWN is outperformed by 71.43% of its industry peers.
  • NWN has a Debt/Equity ratio of 1.62. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of NWN (1.62) is worse than 78.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF N/A
Altman-Z 0.67
ROIC/WACC0.58
WACC6.04%
NWN Yearly LT Debt VS Equity VS FCFNWN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 0.59 indicates that NWN may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.59, NWN is doing worse than 71.43% of the companies in the same industry.
  • A Quick Ratio of 0.43 indicates that NWN may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.43, NWN is doing worse than 71.43% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.59
Quick Ratio 0.43
NWN Yearly Current Assets VS Current LiabilitesNWN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 35.38% over the past year.
  • Measured over the past years, NWN shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.09% on average per year.
  • The Revenue has grown by 11.27% in the past year. This is quite good.
  • The Revenue has been growing by 9.09% on average over the past years. This is quite good.
EPS 1Y (TTM)35.38%
EPS 3Y-3.23%
EPS 5Y-0.09%
EPS Q2Q%-2.82%
Revenue 1Y (TTM)11.27%
Revenue growth 3Y10.25%
Revenue growth 5Y9.09%
Sales Q2Q%20.3%

3.2 Future

  • The Earnings Per Share is expected to grow by 9.34% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 6.47% on average over the next years.
EPS Next Y26.69%
EPS Next 2Y14%
EPS Next 3Y11.98%
EPS Next 5Y9.34%
Revenue Next Year10.85%
Revenue Next 2Y8.3%
Revenue Next 3Y6.94%
Revenue Next 5Y6.47%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
NWN Yearly Revenue VS EstimatesNWN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
NWN Yearly EPS VS EstimatesNWN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 17.34 indicates a rather expensive valuation of NWN.
  • Compared to the rest of the industry, the Price/Earnings ratio of NWN indicates a somewhat cheap valuation: NWN is cheaper than 64.29% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of NWN to the average of the S&P500 Index (27.16), we can say NWN is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 16.50 indicates a correct valuation of NWN.
  • NWN's Price/Forward Earnings is on the same level as the industry average.
  • NWN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 28.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.34
Fwd PE 16.5
NWN Price Earnings VS Forward Price EarningsNWN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • NWN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NWN is cheaper than 64.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 9.83
NWN Per share dataNWN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • NWN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.65
PEG (5Y)N/A
EPS Next 2Y14%
EPS Next 3Y11.98%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • NWN has a Yearly Dividend Yield of 3.95%.
  • Compared to an average industry Dividend Yield of 3.61, NWN pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, NWN pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.95%

5.2 History

  • The dividend of NWN has a limited annual growth rate of 0.84%.
  • NWN has paid a dividend for at least 10 years, which is a reliable track record.
  • NWN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.84%
Div Incr Years24
Div Non Decr Years24
NWN Yearly Dividends per shareNWN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • NWN pays out 76.25% of its income as dividend. This is not a sustainable payout ratio.
  • NWN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP76.25%
EPS Next 2Y14%
EPS Next 3Y11.98%
NWN Yearly Income VS Free CF VS DividendNWN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M -100M -150M
NWN Dividend Payout.NWN Dividend Payout, showing the Payout Ratio.NWN Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

NORTHWEST NATURAL HOLDING CO

NYSE:NWN (2/18/2026, 10:38:30 AM)

49.76

-0.44 (-0.88%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)11-05
Earnings (Next)02-27
Inst Owners83.43%
Inst Owner Change2.1%
Ins Owners0.5%
Ins Owner Change-14.72%
Market Cap2.07B
Revenue(TTM)1.27B
Net Income(TTM)100.53M
Analysts86.67
Price Target55.42 (11.37%)
Short Float %3.01%
Short Ratio4.35
Dividend
Industry RankSector Rank
Dividend Yield 3.95%
Yearly Dividend1.87
Dividend Growth(5Y)0.84%
DP76.25%
Div Incr Years24
Div Non Decr Years24
Ex-Date01-30
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.12%
Min EPS beat(2)12.5%
Max EPS beat(2)107.74%
EPS beat(4)4
Avg EPS beat(4)33.06%
Min EPS beat(4)1.65%
Max EPS beat(4)107.74%
EPS beat(8)6
Avg EPS beat(8)21.88%
EPS beat(12)10
Avg EPS beat(12)37.18%
EPS beat(16)13
Avg EPS beat(16)42.99%
Revenue beat(2)0
Avg Revenue beat(2)-7.13%
Min Revenue beat(2)-7.45%
Max Revenue beat(2)-6.8%
Revenue beat(4)1
Avg Revenue beat(4)-4.62%
Min Revenue beat(4)-7.45%
Max Revenue beat(4)2.82%
Revenue beat(8)2
Avg Revenue beat(8)-4.24%
Revenue beat(12)6
Avg Revenue beat(12)2.76%
Revenue beat(16)10
Avg Revenue beat(16)5.05%
PT rev (1m)3%
PT rev (3m)3.99%
EPS NQ rev (1m)0.67%
EPS NQ rev (3m)-3.86%
EPS NY rev (1m)0.11%
EPS NY rev (3m)0.21%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)-2.88%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.5%
Valuation
Industry RankSector Rank
PE 17.34
Fwd PE 16.5
P/S 1.63
P/FCF N/A
P/OCF 8.38
P/B 1.44
P/tB 1.94
EV/EBITDA 9.83
EPS(TTM)2.87
EY5.77%
EPS(NY)3.01
Fwd EY6.06%
FCF(TTM)-4.49
FCFYN/A
OCF(TTM)5.94
OCFY11.93%
SpS30.5
BVpS34.55
TBVpS25.61
PEG (NY)0.65
PEG (5Y)N/A
Graham Number47.23
Profitability
Industry RankSector Rank
ROA 1.72%
ROE 7.01%
ROCE 4.97%
ROIC 3.5%
ROICexc 3.52%
ROICexgc 3.79%
OM 20.07%
PM (TTM) 7.94%
GM 64.4%
FCFM N/A
ROA(3y)1.75%
ROA(5y)1.85%
ROE(3y)6.78%
ROE(5y)7.48%
ROIC(3y)3.03%
ROIC(5y)3.09%
ROICexc(3y)3.05%
ROICexc(5y)3.11%
ROICexgc(3y)3.17%
ROICexgc(5y)3.21%
ROCE(3y)4.32%
ROCE(5y)4.52%
ROICexgc growth 3Y-2%
ROICexgc growth 5Y0.38%
ROICexc growth 3Y-2.67%
ROICexc growth 5Y-0.09%
OM growth 3Y-4.37%
OM growth 5Y-0.3%
PM growth 3Y-9.23%
PM growth 5Y-3.72%
GM growth 3Y-1.06%
GM growth 5Y0.22%
F-Score5
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 1.62
Debt/FCF N/A
Debt/EBITDA 5.32
Cap/Depr 236.47%
Cap/Sales 34.18%
Interest Coverage 2.45
Cash Conversion 56.38%
Profit Quality N/A
Current Ratio 0.59
Quick Ratio 0.43
Altman-Z 0.67
F-Score5
WACC6.04%
ROIC/WACC0.58
Cap/Depr(3y)266.77%
Cap/Depr(5y)264.49%
Cap/Sales(3y)31.39%
Cap/Sales(5y)32.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.38%
EPS 3Y-3.23%
EPS 5Y-0.09%
EPS Q2Q%-2.82%
EPS Next Y26.69%
EPS Next 2Y14%
EPS Next 3Y11.98%
EPS Next 5Y9.34%
Revenue 1Y (TTM)11.27%
Revenue growth 3Y10.25%
Revenue growth 5Y9.09%
Sales Q2Q%20.3%
Revenue Next Year10.85%
Revenue Next 2Y8.3%
Revenue Next 3Y6.94%
Revenue Next 5Y6.47%
EBIT growth 1Y40.09%
EBIT growth 3Y5.43%
EBIT growth 5Y8.76%
EBIT Next Year123.93%
EBIT Next 3Y36.39%
EBIT Next 5Y23.44%
FCF growth 1Y-302.55%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.99%
OCF growth 3Y7.69%
OCF growth 5Y1.57%

NORTHWEST NATURAL HOLDING CO / NWN FAQ

What is the fundamental rating for NWN stock?

ChartMill assigns a fundamental rating of 3 / 10 to NWN.


What is the valuation status of NORTHWEST NATURAL HOLDING CO (NWN) stock?

ChartMill assigns a valuation rating of 4 / 10 to NORTHWEST NATURAL HOLDING CO (NWN). This can be considered as Fairly Valued.


What is the profitability of NWN stock?

NORTHWEST NATURAL HOLDING CO (NWN) has a profitability rating of 4 / 10.


What is the valuation of NORTHWEST NATURAL HOLDING CO based on its PE and PB ratios?

The Price/Earnings (PE) ratio for NORTHWEST NATURAL HOLDING CO (NWN) is 17.34 and the Price/Book (PB) ratio is 1.44.


Is the dividend of NORTHWEST NATURAL HOLDING CO sustainable?

The dividend rating of NORTHWEST NATURAL HOLDING CO (NWN) is 7 / 10 and the dividend payout ratio is 76.25%.