Northwest Natural Holding Company logo
NWNNorthwest Natural Holding Company

EV/EBITDA Ratio: 7.71x

Is the EV/EBITDA ratio high or low?

The EV/EBITDA ratio of 7.71x is 23% below its 5-year average of 10.04x, near the low end of its 5-year range (7.56x–12.10x).

As of Tuesday, June 30, 2026. 20.98% below its 12-month average of 9.76x.

EV/EBITDA Ratio

NWN EV/EBITDA Ratio Chart

7.71x
-20.35% 1Y
NWN EV/EBITDA Ratio

NWN Average EV/EBITDA Ratio Chart

NWN EV/EBITDA Ratio

NWN Current vs Average EV/EBITDA Ratio Chart

NWN EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

7.71x

EV/EBITDA RATIO AVG TTM

9.76x

EV/EBITDA RATIO AVG 3Y

9.62x

EV/EBITDA RATIO AVG 5Y

10.11x

EV/EBITDA RATIO AVG 10Y

10.78x

EV/EBITDA RATIO AVG 15Y

10.36x

EV/EBITDA RATIO AVG 20Y

9.93x

CURRENT VS TTM AVG

-20.98%

CURRENT VS 3Y AVG

-19.88%

CURRENT VS 5Y AVG

-23.73%

CURRENT VS 10Y AVG

-28.46%

CURRENT VS 15Y AVG

-25.61%

CURRENT VS 20Y AVG

-22.36%

NWN Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Northwest Natural Holding Company (NWN)$2.06B7.71x9.76x9.62x10.11x
NuScale Power Corporation (SMR)vs ›$2.99BN/AN/AN/AN/A
Avista Corporation (AVA)vs ›$3.38B10.28x10.17x10.71x11.37x
Fluence Energy, Inc. (FLNC)vs ›$3.67BN/A39.51x39.51x39.51x
Black Hills Corporation (BKH)vs ›$5.66B12.57x11.65x11.26x12.06x
UGI Corporation (UGI)vs ›$7.41B9.14x9.02x10.43x9.04x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B13.20x12.35x10.80x10.38x
The AES Corporation (AES)vs ›$10.45B11.04x12.23x11.50x10.97x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.53B14.41x13.36x11.33x9.80x
Pinnacle West Capital Corporation (PNW)vs ›$12.97B11.57x12.47x11.79x11.44x

EV/EBITDA vs. its own history

At 7.7, EV/EBITDA is cheaper than usual, sitting higher than 2% of its 20-year history.

20-year low

5.1

median

9.7

20-year high

155.1

cheaperricher

EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The EV/EBITDA ratio for NWN stock is 7.71x.
Is Northwest Natural Holding Company's EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 7.71x is 23% below its 5-year average of 10.04x, near the low end of its 5-year range (7.56x–12.10x).
What is the TTM average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The TTM average EV/EBITDA ratio for NWN stock is 9.76x.
What is the 3Y average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The 3Y average EV/EBITDA ratio for NWN stock is 9.62x.
What is the 5Y average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The 5Y average EV/EBITDA ratio for NWN stock is 10.11x.
What is the 10Y average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The 10Y average EV/EBITDA ratio for NWN stock is 10.78x.
What is the 15Y average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The 15Y average EV/EBITDA ratio for NWN stock is 10.36x.
What is the 20Y average EV/EBITDA ratio for Northwest Natural Holding Company (NWN)?
The 20Y average EV/EBITDA ratio for NWN stock is 9.93x.

NWN EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-297.71x
2026-06-267.76x
2026-06-257.74x
2026-06-247.74x
2026-06-237.70x
2026-06-227.62x
2026-06-187.64x
2026-06-177.63x
2026-06-167.66x
2026-06-157.68x
2026-06-127.70x
2026-06-117.66x
2026-06-107.71x
2026-06-097.68x
2026-06-087.63x
2026-06-057.69x
2026-06-047.63x
2026-06-037.59x
2026-06-027.61x
2026-06-017.56x
2026-05-297.60x
2026-05-287.65x
2026-05-277.73x
2026-05-267.70x
2026-05-227.70x
2026-05-217.69x
2026-05-207.70x
2026-05-197.72x
2026-05-187.68x
2026-05-157.60x
2026-05-147.70x
2026-05-137.69x
2026-05-127.72x
2026-05-117.74x
2026-05-087.74x
2026-05-077.72x
2026-05-067.62x
2026-05-059.13x
2026-05-049.15x
2026-05-019.15x
2026-04-309.16x
2026-04-299.17x
2026-04-289.19x
2026-04-279.20x
2026-04-249.18x
2026-04-239.20x
2026-04-229.09x
2026-04-219.10x
2026-04-209.18x
2026-04-179.24x
2026-04-169.27x
2026-04-159.26x
2026-04-149.28x
2026-04-139.28x
2026-04-109.36x
2026-04-099.37x
2026-04-089.32x
2026-04-079.31x
2026-04-069.28x
2026-04-029.28x
2026-04-019.21x
2026-03-319.17x
2026-03-309.20x
2026-03-279.14x
2026-03-269.15x
2026-03-259.12x
2026-03-249.10x
2026-03-239.09x
2026-03-209.04x
2026-03-199.16x
2026-03-189.13x
2026-03-179.11x
2026-03-169.13x
2026-03-139.12x
2026-03-129.08x
2026-03-119.04x
2026-03-109.05x
2026-03-099.10x
2026-03-069.09x
2026-03-059.09x
2026-03-049.12x
2026-03-039.12x
2026-03-029.13x
2026-02-279.16x
2026-02-2610.39x
2026-02-2510.36x
2026-02-2410.37x
2026-02-2310.37x
2026-02-2010.37x
2026-02-1910.29x
2026-02-1810.28x
2026-02-1710.38x
2026-02-1310.39x
2026-02-1210.34x
2026-02-1110.25x
2026-02-1010.20x
2026-02-0910.14x
2026-02-0610.18x
2026-02-0510.23x
2026-02-0410.15x
2026-02-0310.14x
2026-02-0210.11x
2026-01-3010.04x
2026-01-2910.08x
2026-01-2810.01x
2026-01-2710.07x
2026-01-2610.04x
2026-01-239.97x
2026-01-2210.06x
2026-01-2110.09x
2026-01-2010.05x
2026-01-1610.08x
2026-01-1510.08x
2026-01-1410.03x
2026-01-139.99x
2026-01-1210.01x
2026-01-0910.00x
2026-01-0810.08x
2026-01-0710.06x
2026-01-0610.04x
2026-01-0510.04x
2026-01-0210.05x
2025-12-3110.05x
2025-12-3010.07x
2025-12-2910.09x
2025-12-2610.06x
2025-12-2410.09x
2025-12-2310.07x
2025-12-2210.09x
2025-12-1910.03x
2025-12-1810.12x
2025-12-1710.12x
2025-12-1610.07x
2025-12-1510.07x
2025-12-1210.06x
2025-12-1110.03x
2025-12-1010.00x
2025-12-099.99x
2025-12-0810.00x
2025-12-0510.01x
2025-12-0410.00x
2025-12-0310.16x
2025-12-0210.20x
2025-12-0110.26x
2025-11-2810.31x
2025-11-2610.28x
2025-11-2510.25x
2025-11-2410.22x
2025-11-2110.18x
2025-11-2010.14x
2025-11-1910.09x
2025-11-1810.13x
2025-11-1710.12x
2025-11-1410.17x
2025-11-1310.20x
2025-11-1210.18x
2025-11-1110.15x
2025-11-1010.08x
2025-11-0710.06x
2025-11-0610.04x
2025-11-059.99x
2025-11-0410.05x
2025-11-0310.01x
2025-10-319.94x
2025-10-3010.01x
2025-10-299.98x
2025-10-2810.09x
2025-10-2710.13x
2025-10-2410.15x
2025-10-2310.11x
2025-10-2210.09x
2025-10-2110.08x
2025-10-2010.05x
2025-10-179.98x
2025-10-169.93x
2025-10-159.91x
2025-10-149.83x
2025-10-139.78x
2025-10-109.85x
2025-10-099.76x
2025-10-089.80x
2025-10-079.80x
2025-10-069.80x
2025-10-039.83x
2025-10-029.82x
2025-10-019.83x
2025-09-309.88x
2025-09-299.87x
2025-09-269.86x
2025-09-259.76x
2025-09-249.76x
2025-09-239.75x
2025-09-229.68x
2025-09-199.65x
2025-09-189.64x
2025-09-179.62x
2025-09-169.56x
2025-09-159.59x
2025-09-129.63x
2025-09-119.62x
2025-09-109.55x
2025-09-099.53x
2025-09-089.52x
2025-09-059.59x
2025-09-049.56x
2025-09-039.54x
2025-09-029.55x
2025-08-299.56x
2025-08-289.54x
2025-08-279.55x
2025-08-269.52x
2025-08-259.54x
2025-08-229.61x
2025-08-219.48x
2025-08-209.48x
2025-08-199.47x
2025-08-189.42x
2025-08-159.46x
2025-08-149.49x
2025-08-139.53x
2025-08-129.49x
2025-08-119.45x
2025-08-089.41x
2025-08-079.42x
2025-08-069.38x
2025-08-059.36x
2025-08-049.73x
2025-08-019.70x
2025-07-319.70x
2025-07-309.77x
2025-07-299.77x
2025-07-289.76x
2025-07-259.80x
2025-07-249.79x
2025-07-239.85x
2025-07-229.95x
2025-07-219.93x
2025-07-189.86x
2025-07-179.89x
2025-07-169.91x
2025-07-159.87x
2025-07-149.92x
2025-07-119.86x
2025-07-109.89x
2025-07-099.86x
2025-07-089.81x
2025-07-079.82x
2025-07-039.84x
2025-07-029.78x
2025-07-019.77x
2025-06-309.68x
2025-06-279.69x
2025-06-269.70x
2025-06-259.67x
2025-06-249.83x
2025-06-239.77x
2025-06-209.67x
2025-06-189.68x
2025-06-179.70x
2025-06-169.68x

Showing the most recent 260 of 5,030 data points. The chart above shows the full history.

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