Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 5.92% is 18% below its 5-year average of 7.23%, near the low end of its 5-year range (5.76%–8.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 11.17% below its 12-month average of 6.66%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 5.92%.
RETURN ON EQUITY (ROE)
5.92%
RETURN ON EQUITY (ROE) AVG TTM
6.66%
RETURN ON EQUITY (ROE) AVG 3Y
7.06%
RETURN ON EQUITY (ROE) AVG 5Y
7.23%
RETURN ON EQUITY (ROE) AVG 10Y
8.27%
RETURN ON EQUITY (ROE) AVG 15Y
8.76%
RETURN ON EQUITY (ROE) AVG 20Y
8.59%
CURRENT VS TTM AVG
-11.17%
CURRENT VS 3Y AVG
-16.18%
CURRENT VS 5Y AVG
-18.15%
CURRENT VS 10Y AVG
-28.42%
CURRENT VS 15Y AVG
-32.41%
CURRENT VS 20Y AVG
-31.06%
SECTOR MEDIAN · UTILITIES
9.06%
median of 63 covered companies
CURRENT VS SECTOR MEDIAN
-34.67%
vs the sector median at left
Northwestern Energy Group Inc
Market Cap
$4.24B
Return on Equity (ROE)
5.92%
TTM Avg
6.66%
3Y Avg
7.06%
5Y Avg
7.23%
Market Cap
$4.11B
Return on Equity (ROE)
N/A
TTM Avg
28.61%
3Y Avg
28.61%
5Y Avg
28.61%
Market Cap
$3.25B
Return on Equity (ROE)
17.59%
TTM Avg
16.50%
3Y Avg
8.25%
5Y Avg
8.25%
Market Cap
$5.39B
Return on Equity (ROE)
7.58%
TTM Avg
7.71%
3Y Avg
8.05%
5Y Avg
8.27%
Market Cap
$2.95B
Return on Equity (ROE)
8.05%
TTM Avg
7.04%
3Y Avg
6.90%
5Y Avg
6.80%
Market Cap
$2.66B
Return on Equity (ROE)
10.39%
TTM Avg
10.11%
3Y Avg
10.20%
5Y Avg
10.09%
Market Cap
$2.50B
Return on Equity (ROE)
8.80%
TTM Avg
6.13%
3Y Avg
2.75%
5Y Avg
-2.53%
Market Cap
$2.32B
Return on Equity (ROE)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwestern Energy Group Inc (NWE) | $4.24B | 5.92% | 6.66% | 7.06% | 7.23% |
| Fervo Energy Company (FRVO)vs › | $4.11B | N/A | 28.61% | 28.61% | 28.61% |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 17.59% | 16.50% | 8.25% | 8.25% |
| Black Hills Corporation (BKH)vs › | $5.39B | 7.58% | 7.71% | 8.05% | 8.27% |
| Avista Corporation (AVA)vs › | $2.95B | 8.05% | 7.04% | 6.90% | 6.80% |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 10.39% | 10.11% | 10.20% | 10.09% |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 8.80% | 6.13% | 2.75% | -2.53% |
| H2O America (HTO)vs › | $2.44B | 5.80% | 6.77% | 6.77% | 6.60% |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.32B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.31B | 1.66% | 6.52% | 10.72% | 7.84% |
ROE
5.9%
ROA
2.0%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 5.92% |
| 2026-03-31 | 5.76% |
| 2025-12-31 | 6.27% |
| 2025-09-30 | 7.53% |
| 2025-06-30 | 7.83% |
| 2025-03-31 | 8.15% |
| 2024-12-31 | 7.84% |
| 2024-09-30 | 8.05% |
| 2024-06-30 | 7.45% |
| 2024-03-31 | 6.99% |
| 2023-12-31 | 6.97% |
| 2023-09-30 | 6.49% |
| 2023-06-30 | 6.54% |
| 2023-03-31 | 6.92% |
| 2022-12-31 | 6.87% |
| 2022-09-30 | 6.61% |
| 2022-06-30 | 7.12% |
| 2022-03-31 | 7.73% |
| 2021-12-31 | 7.99% |
| 2021-09-30 | 8.42% |
| 2021-06-30 | 8.42% |
| 2021-03-31 | 7.93% |
| 2020-12-31 | 7.47% |
| 2020-09-30 | 7.87% |
| 2020-06-30 | 7.49% |
| 2020-03-31 | 8.74% |
| 2019-12-31 | 9.91% |
| 2019-09-30 | 10.41% |
| 2019-06-30 | 10.70% |
| 2019-03-31 | 10.62% |
| 2018-12-31 | 10.14% |
| 2018-09-30 | 9.39% |
| 2018-06-30 | 9.83% |
| 2018-03-31 | 8.97% |
| 2017-12-31 | 9.04% |
| 2017-09-30 | 9.31% |
| 2017-06-30 | 9.89% |
| 2017-03-31 | 10.69% |
| 2016-12-31 | 9.90% |
| 2016-09-30 | 10.01% |
| 2016-06-30 | 8.86% |
| 2016-03-31 | 8.65% |
| 2015-12-31 | 9.45% |
| 2015-09-30 | 9.44% |
| 2015-06-30 | 9.87% |
| 2015-03-31 | 8.40% |
| 2014-12-31 | 8.17% |
| 2014-09-30 | 10.13% |
| 2014-06-30 | 8.91% |
| 2014-03-31 | 9.46% |
| 2013-12-31 | 9.12% |
| 2013-09-30 | 12.60% |
| 2013-06-30 | 10.69% |
| 2013-03-31 | 10.69% |
| 2012-12-31 | 10.54% |
| 2012-09-30 | 8.31% |
| 2012-06-30 | 10.26% |
| 2012-03-31 | 10.46% |
| 2011-12-31 | 10.77% |
| 2011-09-30 | 9.67% |
| 2011-06-30 | 9.59% |
| 2011-03-31 | 9.66% |
| 2010-12-31 | 9.43% |
| 2010-09-30 | 9.93% |
| 2010-06-30 | 10.51% |
| 2010-03-31 | 9.87% |
| 2009-12-31 | 9.33% |
| 2009-09-30 | 8.91% |
| 2009-06-30 | 8.27% |
| 2009-03-31 | 8.65% |
| 2008-12-31 | 8.85% |
| 2008-09-30 | 8.59% |
| 2008-06-30 | 7.76% |
| 2008-03-31 | 6.89% |
| 2007-12-31 | 6.46% |
| 2007-09-30 | 5.52% |
| 2007-06-30 | 5.41% |
| 2007-03-31 | 4.75% |
| 2006-12-31 | 5.10% |
| 2006-09-30 | 8.85% |
| 2006-06-30 | 8.52% |
| 2006-03-31 | 8.20% |
| 2005-12-31 | 8.06% |
| 2005-09-30 | 4.79% |
| 2005-06-30 | -0.59% |
| 2005-03-31 | -0.69% |
| 2004-12-31 | -0.98% |
