How Northwest Natural Holding (NWN) Makes Money: A Visual Guide

Northwest Natural Holding (NWN) generated $1.29B in revenue (TTM through Q4 2025), earning $113.32M in net profit (8.8% margin). Its largest revenue source is Alternative revenue (100% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Northwest Natural Holding (NWN) Income Statement Flow

Frequently asked questions

How does Northwest Natural Holding (NWN) make money?

Northwest Natural Holding (NWN) primarily makes money through Alternative revenue, which accounts for 100% of total revenue. For TTM through Q4 2025, Northwest Natural Holding generated $1.29B in total revenue with a net profit margin of 8.8%.

What is Northwest Natural Holding (NWN) gross profit margin?

Northwest Natural Holding (NWN) reported a gross profit margin of 39.3% for TTM through Q4 2025, equivalent to $506.20M in gross profit. This means Northwest Natural Holding retains 39.3% of each revenue unit after direct costs of production.

What is Northwest Natural Holding (NWN) operating profit margin?

Northwest Natural Holding (NWN) reported an operating profit margin of 26.2% for TTM through Q4 2025, equivalent to $337.90M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Northwest Natural Holding (NWN) net profit margin?

Northwest Natural Holding (NWN) reported a net profit margin of 8.8% for TTM through Q4 2025, equivalent to $113.32M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Northwest Natural Holding (NWN) spend on capital expenditures?

Northwest Natural Holding (NWN) spent $466.89M on capital expenditures in TTM through Q4 2025 (36.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Northwest Natural Holding (NWN) free cash flow?

Northwest Natural Holding (NWN) generated −$197.77M in free cash flow for TTM through Q4 2025 (-15.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Northwest Natural Holding (NWN) effective tax rate?

Northwest Natural Holding (NWN) had an effective tax rate of 26.7% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?

A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.

How is the data calculated?

We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.

When was this data last updated?

Based on company filings through TTM through Q4 2025.