How does Northwest Natural Holding (NWN) make money?

Northwest Natural Holding (NWN) generates revenue primarily from Alternative revenue, which accounted for 100% of total revenue in TTM through Q1 2026. The company reported $1.29B in revenue and converted 9.6% of it into net profit, equivalent to roughly $122.89M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

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

Northwest Natural Holding (NWN) reported a gross profit margin of 42.3% in TTM through Q1 2026, equivalent to $543.21M in gross profit on $1.29B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

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

Northwest Natural Holding (NWN) reported an operating profit margin of 31.3% in TTM through Q1 2026, equivalent to $402.95M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

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

Northwest Natural Holding (NWN) reported a net profit margin of 9.6% in TTM through Q1 2026, equivalent to $122.89M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Northwest Natural Holding (NWN) profitable?

Yes. Northwest Natural Holding (NWN) reported $122.89M in net income for TTM through Q1 2026, with a net profit margin of 9.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

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

Northwest Natural Holding (NWN) spent $478.37M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 37.2% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Northwest Natural Holding (NWN) generate?

Northwest Natural Holding (NWN) generated −$272.72M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of -21.2%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

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

Northwest Natural Holding (NWN) had an effective tax rate of 24.3% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

How Northwest Natural Holding Makes Money: 2026 Visual Revenue Map

Northwest Natural Holding (NWN) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 6, 2026).

Northwest Natural Holding discloses geographic revenue only in annual filings. to view the full breakdown.

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