EBITDA Margin: 56.28%
Is the EBITDA margin high or low?
The EBITDA margin of 56.28% is 89% above its 5-year average of 29.82%, near the high end of its 5-year range (12.07%–56.43%).
As of Monday, June 29, 2026. 36.11% above its 12-month average of 41.35%.
NWN EBITDA Margin
Reported quarterly EBITDA margin; no daily interpolation.
NWN Average EBITDA Margin Chart
NWN Current vs Average EBITDA Margin Chart
NWN EBITDA Margin Metrics
EBITDA MARGIN
56.28%
EBITDA MARGIN AVG TTM
41.35%
EBITDA MARGIN AVG 3Y
27.43%
EBITDA MARGIN AVG 5Y
27.03%
EBITDA MARGIN AVG 10Y
29.12%
EBITDA MARGIN AVG 15Y
27.04%
EBITDA MARGIN AVG 20Y
25.23%
CURRENT VS TTM AVG
+36.11%
CURRENT VS 3Y AVG
+105.13%
CURRENT VS 5Y AVG
+108.22%
CURRENT VS 10Y AVG
+93.27%
CURRENT VS 15Y AVG
+108.10%
CURRENT VS 20Y AVG
+123.10%
NWN Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwest Natural Holding Company (NWN) | $2.14B | 56.28% | 41.35% | 27.43% | 27.03% |
| NuScale Power Corporation (SMR)vs › | $3.01B | -2186.82% | -1278.16% | -1419.70% | -6303.29% |
| Avista Corporation (AVA)vs › | $3.45B | 32.74% | 31.34% | 29.62% | 30.84% |
| Fluence Energy, Inc. (FLNC)vs › | $3.56B | -0.75% | 0.39% | -6.72% | -8.15% |
| Black Hills Corporation (BKH)vs › | $5.79B | 35.55% | 35.95% | 32.71% | 33.74% |
| UGI Corporation (UGI)vs › | $7.60B | 22.89% | 20.61% | 13.15% | 18.87% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 74.25% | 73.78% | 100.67% | 90.89% |
| The AES Corporation (AES)vs › | $10.46B | 28.01% | 27.41% | 27.11% | 29.67% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.70B | 51.21% | 51.91% | 56.42% | 63.40% |
| Pinnacle West Capital Corporation (PNW)vs › | $13.10B | 39.10% | 38.75% | 37.27% | 38.38% |
Margin Comparison
Gross Margin
42.3%
EBITDA Margin
56.3%
Operating Margin
31.4%
Net Margin
9.6%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EBITDA Margin FAQ
- What is the EBITDA margin for Northwest Natural Holding Company (NWN)?
- The EBITDA margin for NWN stock is 56.28%.
- Is Northwest Natural Holding Company's EBITDA margin high or low?
- The EBITDA margin of 56.28% is 89% above its 5-year average of 29.82%, near the high end of its 5-year range (12.07%–56.43%).
- What is the TTM average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The TTM average EBITDA margin for NWN stock is 41.35%.
- What is the 3Y average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The 3Y average EBITDA margin for NWN stock is 27.43%.
- What is the 5Y average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The 5Y average EBITDA margin for NWN stock is 27.03%.
- What is the 10Y average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The 10Y average EBITDA margin for NWN stock is 29.12%.
- What is the 15Y average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The 15Y average EBITDA margin for NWN stock is 27.04%.
- What is the 20Y average EBITDA margin for Northwest Natural Holding Company (NWN)?
- The 20Y average EBITDA margin for NWN stock is 25.23%.
NWN EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2026-03-31 | 56.28% |
| 2025-12-31 | 56.43% |
| 2025-09-30 | 21.59% |
| 2025-06-30 | 31.88% |
| 2025-03-31 | 40.55% |
| 2024-12-31 | 34.26% |
| 2024-09-30 | 14.83% |
| 2024-06-30 | 25.59% |
| 2024-03-31 | 34.07% |
| 2023-12-31 | 30.34% |
| 2023-09-30 | 18.35% |
| 2023-06-30 | 18.98% |
| 2023-03-31 | 31.35% |
| 2022-12-31 | 31.41% |
| 2022-09-30 | 12.07% |
| 2022-06-30 | 21.36% |
| 2022-03-31 | 33.13% |
| 2021-12-31 | 33.67% |
| 2021-09-30 | 13.85% |
| 2021-06-30 | 27.38% |
| 2021-03-31 | 38.87% |
| 2020-12-31 | 39.11% |
| 2020-09-30 | 15.38% |
| 2020-06-30 | 25.77% |
| 2020-03-31 | 35.46% |
| 2019-12-31 | 34.43% |
| 2019-09-30 | 15.21% |
| 2019-06-30 | 31.18% |
| 2019-03-31 | 34.21% |
| 2018-12-31 | 37.01% |
| 2018-09-30 | 16.85% |
| 2018-06-30 | 23.61% |
| 2018-03-31 | 33.37% |
| 2017-12-31 | -47.54% |
| 2017-09-30 | 16.81% |
| 2017-06-30 | 25.33% |
| 2017-03-31 | 32.73% |
| 2016-12-31 | 33.35% |
| 2016-09-30 | 18.46% |
| 2016-06-30 | 33.29% |
| 2016-03-31 | 36.97% |
| 2015-12-31 | 34.87% |
| 2015-09-30 | 19.83% |
| 2015-06-30 | 23.97% |
| 2015-03-31 | 27.94% |
| 2014-12-31 | 33.17% |
| 2014-09-30 | 17.04% |
| 2014-06-30 | 24.76% |
| 2014-03-31 | 32.25% |
| 2013-12-31 | 30.17% |
| 2013-09-30 | 16.95% |
| 2013-06-30 | 24.30% |
| 2013-03-31 | 33.47% |
| 2012-12-31 | 34.67% |
| 2012-09-30 | 15.02% |
| 2012-06-30 | 28.09% |
| 2012-03-31 | 30.43% |
| 2011-12-31 | 28.61% |
| 2011-09-30 | 12.75% |
| 2011-06-30 | 18.73% |
| 2011-03-31 | 29.46% |
| 2010-12-31 | 28.65% |
| 2010-09-30 | 13.29% |
| 2010-06-30 | 22.32% |
| 2010-03-31 | 33.86% |
| 2009-12-31 | 24.91% |
| 2009-09-30 | 12.91% |
| 2009-06-30 | 19.57% |
| 2009-03-31 | 22.91% |
| 2008-12-31 | 22.90% |
| 2008-09-30 | 9.46% |
| 2008-06-30 | 15.69% |
| 2008-03-31 | 24.72% |
| 2007-12-31 | 22.44% |
| 2007-09-30 | 13.01% |
| 2007-06-30 | 16.56% |
| 2007-03-31 | 25.97% |
| 2006-12-31 | 21.87% |
| 2006-09-30 | 8.79% |
| 2006-06-30 | 16.24% |
| 2006-03-31 | 22.96% |
| 2005-12-31 | 19.36% |
| 2005-09-30 | 9.41% |
| 2005-06-30 | 16.57% |
| 2005-03-31 | 28.18% |
| 2004-12-31 | 24.74% |
| 2004-09-30 | 9.46% |
| 2004-06-30 | 18.96% |
| 2004-03-31 | 29.11% |
| 2003-12-31 | 25.26% |
| 2003-09-30 | 14.31% |
| 2003-06-30 | 23.72% |
| 2003-03-31 | 30.84% |
| 2002-12-31 | 27.87% |
| 2002-09-30 | 14.73% |
| 2002-06-30 | 28.94% |
Related Metrics
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.
- Sector
- Utilities
- Industry
- Regulated Gas
- CEO
- Justin Palfreyman