Company / Working Capital
NorthWestern Corporation Working Capital History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$193.5M
FY2025
5-year range
-$384.0M / -$82.0M
FY2022-FY2025
Trend
+49.6%
vs FY2024
Sector context
#34 of 73
Utilities
What the data says
At -$194M, NorthWestern Corporation's working capital ranks #34 of 73 in the Utilities sector. Working Capital returned to growth in FY2025 after 2 years of decline, reaching -$194M.
Based on SEC 10-K filings.
-$194M in FY2025.
Declined from -$128M to -$194M over the past 2 years.
Utilities sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#34 of 73 in UtilitiesTop 47% of 73This company -$193.5M Sector average -$608.9M
▼
+68.2% above sector average
Key checks
Key Insights
- In FY2025, working capital increased 49.6% year-over-year.
- Ranks #34 out of 73 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.60 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$193.5M | +49.6% |
| FY2024 | -$384.0M | -200.3% |
| FY2023 | -$127.9M | -55.9% |
| FY2022 | -$82.0M | - |
| FY2021 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026