Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 10.22 is in line with its estimated 5-year average of 9.43, around the middle of its estimated 5-year range (5.83–14.73).
As of 2026-10-06T18:42:36.926Z. 2.44% below its estimated 12-month average of 10.48.
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
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PRICE/OCF RATIO
10.22
PRICE/OCF RATIO AVG TTM
10.48
PRICE/OCF RATIO AVG 3Y
8.64
PRICE/OCF RATIO AVG 5Y
9.43
PRICE/OCF RATIO AVG 10Y
9.56
PRICE/OCF RATIO AVG 15Y
8.79
PRICE/OCF RATIO AVG 20Y
8.14
CURRENT VS TTM AVG
-2.44%
CURRENT VS 3Y AVG
+18.24%
CURRENT VS 5Y AVG
+8.38%
CURRENT VS 10Y AVG
+6.88%
CURRENT VS 15Y AVG
+16.31%
CURRENT VS 20Y AVG
+25.61%
SECTOR MEDIAN · UTILITIES
9.48
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+7.81%
vs the sector median at left
Northwestern Energy Group Inc
Market Cap
$4.25B
Price/OCF Ratio
10.22
TTM Avg
10.48
3Y Avg
8.64
5Y Avg
9.43
Market Cap
$3.25B
Price/OCF Ratio
10.03
TTM Avg
16.40
3Y Avg
16.40
5Y Avg
16.40
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwestern Energy Group Inc (NWE) | $4.25B | 10.22 | 10.48 | 8.64 | 9.43 |
| Fervo Energy Company (FRVO)vs › | $4.04B | N/A | N/A | N/A | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 10.03 | 16.40 | 16.40 | 16.40 |
| Black Hills Corporation (BKH)vs › | $5.40B | 8.60 | 8.25 | 6.14 | 6.44 |
| Avista Corporation (AVA)vs › | $2.94B | 5.38 | 6.77 | 6.65 | 11.19 |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 9.56 | 10.48 | 11.73 | 14.05 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 4.05 | 2.90 | 2.90 | 3.61 |
| H2O America (HTO)vs › | $2.43B | 9.91 | 8.92 | 9.33 | 11.14 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.31B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.23B | 6.12 | 5.25 | 4.58 | 4.87 |
P/OCF Ratio
10.2
P/FCF Ratio
N/A
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 10.16 |
| 2026-10-02 | 10.24 |
| 2026-10-01 | 10.13 |
| 2026-09-30 | 10.11 |
| 2026-09-29 | 10.15 |
| 2026-09-28 | 10.06 |
| 2026-09-25 | 10.18 |
| 2026-09-24 | 10.06 |
| 2026-09-23 | 10.16 |
| 2026-09-22 | 10.33 |
| 2026-09-21 | 10.32 |
| 2026-09-18 | 10.12 |
| 2026-09-17 | 10.24 |
| 2026-09-16 | 10.13 |
| 2026-09-15 | 10.05 |
| 2026-09-14 | 10.15 |
| 2026-09-11 | 10.24 |
| 2026-09-10 | 10.35 |
| 2026-09-09 | 10.43 |
| 2026-09-08 | 10.61 |
| 2026-09-04 | 10.46 |
| 2026-09-03 | 10.48 |
| 2026-09-02 | 10.38 |
| 2026-09-01 | 10.33 |
| 2026-08-31 | 10.22 |
| 2026-08-28 | 10.40 |
| 2026-08-27 | 10.50 |
| 2026-08-26 | 10.57 |
| 2026-08-25 | 10.48 |
| 2026-08-24 | 10.30 |
| 2026-08-21 | 10.27 |
| 2026-08-20 | 10.47 |
| 2026-08-19 | 10.43 |
| 2026-08-18 | 10.44 |
| 2026-08-17 | 10.47 |
| 2026-08-14 | 10.62 |
| 2026-08-13 | 10.57 |
| 2026-08-12 | 10.43 |
| 2026-08-11 | 10.44 |
| 2026-08-10 | 10.53 |
| 2026-08-07 | 10.66 |
| 2026-08-06 | 10.39 |
| 2026-08-05 | 10.22 |
| 2026-08-04 | 10.33 |
| 2026-08-03 | 10.19 |
| 2026-07-31 | 10.16 |
| 2026-07-30 | 10.31 |
| 2026-07-29 | 10.87 |
| 2026-07-28 | 11.13 |
| 2026-07-27 | 11.11 |
| 2026-07-24 | 11.21 |
| 2026-07-23 | 11.17 |
| 2026-07-22 | 11.16 |
| 2026-07-21 | 11.05 |
| 2026-07-20 | 11.06 |
| 2026-07-17 | 11.09 |
| 2026-07-16 | 11.28 |
| 2026-07-15 | 11.04 |
| 2026-07-14 | 11.22 |
| 2026-07-13 | 11.27 |
| 2026-07-10 | 11.19 |
| 2026-07-09 | 10.90 |
| 2026-07-08 | 10.82 |
| 2026-07-07 | 10.89 |
| 2026-07-06 | 10.73 |
| 2026-07-02 | 10.98 |
| 2026-07-01 | 11.00 |
| 2026-06-30 | 11.02 |
| 2026-06-29 | 11.16 |
| 2026-06-26 | 11.30 |
| 2026-06-25 | 10.99 |
| 2026-06-24 | 11.04 |
| 2026-06-23 | 10.92 |
| 2026-06-22 | 10.77 |
| 2026-06-18 | 10.75 |
| 2026-06-17 | 10.66 |
| 2026-06-16 | 10.86 |
| 2026-06-15 | 10.89 |
| 2026-06-12 | 10.93 |
| 2026-06-11 | 10.69 |
| 2026-06-10 | 10.73 |
| 2026-06-09 | 10.11 |
| 2026-06-08 | 10.75 |
| 2026-06-05 | 10.85 |
| 2026-06-04 | 10.71 |
| 2026-06-03 | 10.64 |
| 2026-06-02 | 10.74 |
| 2026-06-01 | 10.50 |
| 2026-05-29 | 10.87 |
| 2026-05-28 | 10.91 |
| 2026-05-27 | 11.13 |
| 2026-05-26 | 11.15 |
| 2026-05-22 | 11.07 |
| 2026-05-21 | 11.05 |
| 2026-05-20 | 11.01 |
| 2026-05-19 | 10.92 |
| 2026-05-18 | 11.00 |
| 2026-05-15 | 10.81 |
| 2026-05-14 | 11.03 |
| 2026-05-13 | 10.95 |
| 2026-05-12 | 11.00 |
| 2026-05-11 | 10.89 |
| 2026-05-08 | 11.14 |
| 2026-05-07 | 11.14 |
| 2026-05-06 | 10.94 |
| 2026-05-05 | 10.93 |
| 2026-05-04 | 11.07 |
| 2026-05-01 | 11.16 |
| 2026-04-30 | 11.13 |
| 2026-04-29 | 11.23 |
| 2026-04-28 | 11.39 |
| 2026-04-27 | 11.41 |
| 2026-04-24 | 11.20 |
| 2026-04-23 | 11.28 |
| 2026-04-22 | 10.93 |
| 2026-04-21 | 11.09 |
| 2026-04-20 | 11.38 |
| 2026-04-17 | 11.41 |
| 2026-04-16 | 11.54 |
| 2026-04-15 | 11.55 |
| 2026-04-14 | 11.53 |
| 2026-04-13 | 10.85 |
| 2026-04-10 | 11.11 |
| 2026-04-09 | 11.13 |
| 2026-04-08 | 11.10 |
| 2026-04-07 | 10.97 |
| 2026-04-06 | 10.72 |
| 2026-04-02 | 10.64 |
| 2026-04-01 | 10.45 |
| 2026-03-31 | 10.38 |
| 2026-03-30 | 10.36 |
| 2026-03-27 | 10.26 |
| 2026-03-26 | 10.23 |
| 2026-03-25 | 10.29 |
| 2026-03-24 | 10.26 |
| 2026-03-23 | 10.21 |
| 2026-03-20 | 10.04 |
| 2026-03-19 | 10.52 |
| 2026-03-18 | 10.61 |
| 2026-03-17 | 10.65 |
| 2026-03-16 | 10.68 |
| 2026-03-13 | 10.77 |
| 2026-03-12 | 10.58 |
| 2026-03-11 | 10.54 |
| 2026-03-10 | 10.68 |
| 2026-03-09 | 10.91 |
| 2026-03-06 | 10.97 |
| 2026-03-05 | 11.07 |
| 2026-03-04 | 11.28 |
| 2026-03-03 | 11.14 |
| 2026-03-02 | 11.01 |
| 2026-02-27 | 11.01 |
| 2026-02-26 | 10.99 |
| 2026-02-25 | 10.96 |
| 2026-02-24 | 10.93 |
| 2026-02-23 | 10.89 |
| 2026-02-20 | 10.85 |
| 2026-02-19 | 10.79 |
| 2026-02-18 | 10.77 |
| 2026-02-17 | 10.90 |
| 2026-02-13 | 10.97 |
| 2026-02-12 | 10.83 |
| 2026-02-11 | 10.48 |
| 2026-02-10 | 10.46 |
| 2026-02-09 | 10.31 |
| 2026-02-06 | 10.44 |
| 2026-02-05 | 10.69 |
| 2026-02-04 | 10.54 |
| 2026-02-03 | 10.61 |
| 2026-02-02 | 10.36 |
| 2026-01-30 | 10.39 |
| 2026-01-29 | 10.35 |
| 2026-01-28 | 10.18 |
| 2026-01-27 | 10.32 |
| 2026-01-26 | 10.20 |
| 2026-01-23 | 10.18 |
| 2026-01-22 | 10.36 |
| 2026-01-21 | 10.47 |
| 2026-01-20 | 10.38 |
| 2026-01-16 | 10.52 |
| 2026-01-15 | 10.48 |
| 2026-01-14 | 10.34 |
| 2026-01-13 | 10.16 |
| 2026-01-12 | 10.08 |
| 2026-01-09 | 10.10 |
| 2026-01-08 | 10.14 |
| 2026-01-07 | 10.28 |
| 2026-01-06 | 9.94 |
| 2026-01-05 | 9.90 |
| 2026-01-02 | 9.91 |
| 2025-12-31 | 9.88 |
| 2025-12-30 | 9.90 |
| 2025-12-29 | 9.93 |
| 2025-12-26 | 9.84 |
| 2025-12-24 | 9.89 |
| 2025-12-23 | 9.87 |
| 2025-12-22 | 9.79 |
| 2025-12-19 | 9.62 |
| 2025-12-18 | 9.83 |
| 2025-12-17 | 10.06 |
| 2025-12-16 | 10.02 |
| 2025-12-15 | 10.20 |
| 2025-12-12 | 10.38 |
| 2025-12-11 | 10.38 |
| 2025-12-10 | 10.26 |
| 2025-12-09 | 10.15 |
| 2025-12-08 | 10.06 |
| 2025-12-05 | 10.04 |
| 2025-12-04 | 10.05 |
| 2025-12-03 | 10.21 |
| 2025-12-02 | 10.27 |
| 2025-12-01 | 10.40 |
| 2025-11-28 | 10.58 |
| 2025-11-26 | 10.45 |
| 2025-11-25 | 10.33 |
| 2025-11-24 | 10.22 |
| 2025-11-21 | 10.05 |
| 2025-11-20 | 10.04 |
| 2025-11-19 | 10.00 |
| 2025-11-18 | 10.07 |
| 2025-11-17 | 9.98 |
| 2025-11-14 | 9.97 |
| 2025-11-13 | 9.98 |
| 2025-11-12 | 10.30 |
| 2025-11-11 | 10.27 |
| 2025-11-10 | 10.13 |
| 2025-11-07 | 9.95 |
| 2025-11-06 | 9.68 |
| 2025-11-05 | 9.34 |
| 2025-11-04 | 9.31 |
| 2025-11-03 | 9.19 |
| 2025-10-31 | 9.13 |
| 2025-10-30 | 9.18 |
| 2025-10-29 | 9.31 |
| 2025-10-28 | 9.55 |
| 2025-10-27 | 9.66 |
| 2025-10-24 | 9.70 |
| 2025-10-23 | 9.60 |
| 2025-10-22 | 9.59 |
| 2025-10-21 | 9.52 |
| 2025-10-20 | 9.48 |
| 2025-10-17 | 9.23 |
| 2025-10-16 | 9.20 |
| 2025-10-15 | 9.19 |
| 2025-10-14 | 9.08 |
| 2025-10-13 | 8.93 |
| 2025-10-10 | 8.98 |
| 2025-10-09 | 9.08 |
| 2025-10-08 | 9.19 |
| 2025-10-07 | 9.17 |
| 2025-10-06 | 9.05 |
| 2025-10-03 | 8.99 |
| 2025-10-02 | 8.88 |
| 2025-10-01 | 8.96 |
| 2025-09-30 | 9.12 |
| 2025-09-29 | 9.05 |
| 2025-09-26 | 9.03 |
| 2025-09-25 | 8.90 |
| 2025-09-24 | 8.94 |
| 2025-09-23 | 8.84 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.