Which has the lower trailing P/E, MWH or NWN?

NWN has the lower trailing P/E: MWH trades at 111.50 and NWN at 15.48. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does MWH or NWN pay a bigger dividend?

NWN pays a dividend (4.17% yield), while MWH has no payments in the available dividend history.

Is MWH or NWN more profitable?

NWN runs the higher net margin — MWH at 2.75% versus NWN at 9.75%.

SOLV Energy, Inc. Class A Common Stock (MWH) vs Northwest Natural Holding Company (NWN)

A side-by-side comparison of SOLV Energy, Inc. Class A Common Stock and Northwest Natural Holding Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

MWH

SOLV Energy, Inc. Class A Common Stock

$3.28B

$26.76UtilitiesDelayed quote: Oct 6, 2026, 1:00 PM EDT

NWN

Northwest Natural Holding Company

$1.99B

$47.28UtilitiesDelayed quote: Oct 6, 2026, 1:00 PM EDT

Total return — MWH vs NWN

growth of $100 · dividends reinvested · last 1y

MWH -18.8% (-18.8%/yr)NWN +0.1% (+0.1%/yr)NWN compounded faster over this window

MWH NWN

MWH vs NWN: by the numbers

•MWH is the larger company ($3.28B vs $1.99B market cap).
•NWN trades at the lower trailing earnings multiple (15.48 vs 111.50 P/E), one valuation lens rather than an overall verdict.
•NWN converts more revenue to profit (9.75% vs 2.75% net margin).
•NWN pays a dividend (4.17% yield), while MWH has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	MWH	NWN
P/E ratio	111.50	15.48
Forward P/E	N/A	15.31
PEG ratio	N/A	4.29
P/S ratio	1.03	1.54
P/B ratio	6.61	1.28
EV / EBITDA	10.47	7.63
FCF yield	8.90%	N/A

Profitability

Metric	MWH	NWN
Gross margin	15.82%	45.17%
Operating margin	6.00%	31.63%
Net margin	2.75%	9.75%
ROE	17.59%	8.08%
ROIC	13.49%	5.11%

Dividends

Metric	MWH	NWN
Dividend yield	N/A	4.17%
Payout ratio	N/A	64.50%

Growth (annualized)

Metric	MWH	NWN
Revenue CAGR (5Y)	N/A	9.58%
EPS CAGR (5Y)	N/A	3.61%
Total return CAGR (5Y)	N/A	4.55%

Frequently asked

Which has the lower trailing P/E, MWH or NWN?: NWN has the lower trailing P/E: MWH trades at 111.50 and NWN at 15.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does MWH or NWN pay a bigger dividend?: NWN pays a dividend (4.17% yield), while MWH has no payments in the available dividend history.
Is MWH or NWN more profitable?: NWN runs the higher net margin — MWH at 2.75% versus NWN at 9.75%.

Go deeper

Full MWH analysis Full NWN analysis Interactive comparison tool

Dig into the metrics

SOLV Energy, Inc. Class A Common Stock P/E ratio Northwest Natural P/E ratio Northwest Natural dividend yield SOLV Energy, Inc. Class A Common Stock ROE Northwest Natural ROE SOLV Energy, Inc. Class A Common Stock operating margin Northwest Natural operating margin SOLV Energy, Inc. Class A Common Stock revenue growth Northwest Natural revenue growth SOLV Energy, Inc. Class A Common Stock free cash flow Northwest Natural free cash flow

SOLV Energy, Inc. Class A Common Stock & Northwest Natural appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.