Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.50 as of 2026-10-06T18:42:36.926Z.
Consensus retrieved: 2026-10-06T14:35:09.463Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T18:42:36.926Z.
Quote observation: 2026-10-06T18:40:13.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d1a12cb884e10b20e08dbb5527dd9812c6c79ed47c97f005916d35b593e42157
Forward PE Ratio (18.50) = Dated Quote Price ($69.09) / Consensus Forward EPS ($3.74)
FORWARD PE RATIO
18.50
SECTOR MEDIAN · UTILITIES
17.49
median of 47 covered companies
CURRENT VS SECTOR MEDIAN
+5.77%
vs the sector median at left
Northwestern Energy Group Inc
Market Cap
$4.25B
Forward PE Ratio
18.50
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Northwestern Energy Group Inc (NWE) | $4.25B | 18.50 |
| Fervo Energy Company (FRVO)vs › | $4.06B | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | N/A |
| Black Hills Corporation (BKH)vs › | $5.40B | 16.34 |
| Avista Corporation (AVA)vs › | $2.94B | 13.48 |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 17.77 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | N/A |
| H2O America (HTO)vs › | $2.44B | 20.57 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.30B | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.24B | N/A |
Trailing P/E
24.9
reported TTM EPS
Forward P/E
18.5
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.74 implies +35.0% EPS growth vs the reported trailing $2.77.
At the dated quote price of $69.09, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.74 | $3.61 – $3.79 | 5 | 18.5x |
| 2027-12-31 | $3.96 | $3.93 – $3.99 | 5 | 17.4x |
| 2028-12-31 | $4.23 | $4.22 – $4.24 | 2 | 16.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
