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NWNNorthwest Natural Holding Company

Debt to Equity Ratio: 1.70

Is the debt to equity ratio high or low?

The debt to equity ratio of 1.70 is 16% above its 5-year average of 1.47, near the high end of its 5-year range (1.18–1.87).

As of Monday, June 29, 2026. 1.76% below its 12-month average of 1.73.

Debt to Equity

NWN Debt to Equity Ratio

1.70

Reported quarterly debt to equity ratio; no daily interpolation.

+21.03% 5Y
NWN Debt to Equity Ratio

NWN Average Debt to Equity Ratio Chart

NWN Debt to Equity Ratio

NWN Current vs Average Debt to Equity Ratio Chart

NWN Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.70

DEBT TO EQUITY RATIO AVG TTM

1.73

DEBT TO EQUITY RATIO AVG 3Y

1.50

DEBT TO EQUITY RATIO AVG 5Y

1.47

DEBT TO EQUITY RATIO AVG 10Y

1.31

DEBT TO EQUITY RATIO AVG 15Y

1.24

DEBT TO EQUITY RATIO AVG 20Y

1.18

CURRENT VS TTM AVG

-1.76%

CURRENT VS 3Y AVG

+13.46%

CURRENT VS 5Y AVG

+15.54%

CURRENT VS 10Y AVG

+29.75%

CURRENT VS 15Y AVG

+36.67%

CURRENT VS 20Y AVG

+43.90%

NWN Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Northwest Natural Holding Company (NWN)$2.14B1.701.731.501.47
NuScale Power Corporation (SMR)vs ›$3.01B0.000.000.020.06
Avista Corporation (AVA)vs ›$3.45B1.251.231.231.22
Fluence Energy, Inc. (FLNC)vs ›$3.56B0.910.480.280.22
Black Hills Corporation (BKH)vs ›$5.79B1.231.241.351.42
UGI Corporation (UGI)vs ›$7.60B1.581.611.501.47
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B5.304.534.124.17
The AES Corporation (AES)vs ›$10.46B4.406.188.207.84
Brookfield Renewable Partners L.P. (BEP)vs ›$10.70B7.785.734.193.75
Pinnacle West Capital Corporation (PNW)vs ›$13.10B2.532.081.831.66

Financial Health

Debt/Equity

1.70

Current Ratio

0.72

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Northwest Natural Holding Company (NWN)?
The debt to equity ratio for NWN stock is 1.70.
Is Northwest Natural Holding Company's debt to equity ratio high or low?
The debt to equity ratio of 1.70 is 16% above its 5-year average of 1.47, near the high end of its 5-year range (1.18–1.87).
What is the TTM average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The TTM average debt to equity ratio for NWN stock is 1.73.
What is the 3Y average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The 3Y average debt to equity ratio for NWN stock is 1.50.
What is the 5Y average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The 5Y average debt to equity ratio for NWN stock is 1.47.
What is the 10Y average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The 10Y average debt to equity ratio for NWN stock is 1.31.
What is the 15Y average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The 15Y average debt to equity ratio for NWN stock is 1.24.
What is the 20Y average debt to equity ratio for Northwest Natural Holding Company (NWN)?
The 20Y average debt to equity ratio for NWN stock is 1.18.

NWN Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-03-311.70
2025-12-311.87
2025-09-301.76
2025-06-301.69
2025-03-311.64
2024-12-311.41
2024-09-301.34
2024-06-301.29
2024-03-311.30
2023-12-311.36
2023-09-301.45
2023-06-301.34
2023-03-311.35
2022-12-311.43
2022-09-301.39
2022-06-301.18
2022-03-311.48
2021-12-311.62
2021-09-301.57
2021-06-301.41
2021-03-311.36
2020-12-311.51
2020-09-301.48
2020-06-301.43
2020-03-311.76
2019-12-311.19
2019-09-301.15
2019-06-301.07
2019-03-311.16
2018-12-311.25
2018-09-301.23
2018-06-301.06
2018-03-311.05
2017-12-311.12
2017-09-300.92
2017-06-300.83
2017-03-310.82
2016-12-310.91
2016-09-301.01
2016-06-300.93
2016-03-310.94
2015-12-311.12
2015-09-301.12
2015-06-301.05
2015-03-311.04
2014-12-311.17
2014-09-301.13
2014-06-301.03
2014-03-310.99
2013-12-311.24
2013-09-301.21
2013-06-301.11
2013-03-311.09
2012-12-311.20
2012-09-301.14
2012-06-301.02
2012-03-311.01
2011-12-311.15
2011-09-301.18
2011-06-301.09
2011-03-311.09
2010-12-311.24
2010-09-301.18
2010-06-301.08
2010-03-311.06
2009-12-310.59
2009-09-300.06
2009-06-301.03
2009-03-311.02
2008-12-311.21
2008-09-301.14
2008-06-300.94
2008-03-310.91
2007-12-311.11
2007-09-301.08
2007-06-300.92
2007-03-310.84
2006-12-311.08
2006-09-301.05
2006-06-300.95
2006-03-310.94
2005-12-311.12
2005-09-301.06
2005-06-300.93
2005-03-310.85
2004-12-311.06
2004-09-301.04
2004-06-300.90
2004-03-310.98
2003-12-311.16
2003-09-301.11
2003-06-300.99
2003-03-310.99
2002-12-311.09
2002-09-300.96
2002-06-300.89

About Northwest Natural Holding Company

Northwest Natural Holding Company (NWN) operates primarily through its subsidiary, Northwest Natural Gas Company, delivering regulated natural gas to a diverse clientele including residential, commercial, industrial, and transportation customers across Oregon and Southwest Washington. Beyond its core distribution business, the company manages the Mist gas storage facility, which holds 5.7 billion cubic feet and is leased to other utilities and third-party energy marketers. It also provides natural gas asset management solutions and maintains an appliance retail outlet. NWN's strategic investments extend to broader gas storage activities, water services, non-regulated renewable natural gas ventures, and other diversified interests. The company currently supplies natural gas to approximately 786,000 meters within its service territories in Oregon and southwest Washington. Additionally, its water operations cater to about 80,000 individuals through roughly 33,000 water and wastewater connections located in the Pacific Northwest and Texas. Founded in 1859, Northwest Natural Holding Company is headquartered in Portland, Oregon.

Portland, OR
1,452 employees
Utilities / Regulated Gas
Sector
Utilities
Industry
Regulated Gas
CEO
Justin Palfreyman