Company / Operating Margin
NW Natural Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
21.8%
FY2025
5-year range
16.6% / 21.8%
FY2021-FY2025
Trend
+31.4%
vs FY2024
Sector context
#32 of 61
Utilities
What the data says
At 21.8%, NW Natural's operating margin ranks #32 of 61 in the Utilities sector. Operating Margin returned to growth in FY2025 after 3 years of decline, reaching 21.8%.
Based on SEC 10-K filings.
21.8% in FY2025 with a 5-year CAGR of +3.1%.
Improved from 19.0% to 21.8% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +2.6pp
- 5-Year Change
- +3.1pp
- 10-Year Change
- -
Sector benchmark
In line with sector averageTop 52% of 61This company 21.8% Sector average 21.7%
▼
In line with sector average
Key checks
Key Insights
- In FY2025, operating margin increased 31.4% year-over-year.
- Currently 0.1pp above the Utilities sector average.
- Peak operating margin was recorded in FY2016.
- Lowest operating margin in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.51 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 21.8% | +31.4% |
| FY2024 | 16.6% | -12.6% |
| FY2023 | 19.0% | -1.1% |
| FY2022 | 19.2% | -0.3% |
| FY2021 | 19.2% | +2.7% |
| FY2020 | 18.7% | -6.4% |
| FY2019 | 20.0% | +6.8% |
| FY2018 | 18.7% | -6.3% |
| FY2017 | 20.0% | -11.4% |
| FY2016 | 22.6% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026