Northwest Natural Holding Co
Northwest Natural Holding Co (NWN) is listed on NYSE and classified in Utilities - Regulated Gas, part of the Utilities sector. It is headquartered in Portland, United States and has 1,619 employees. The company is worth $2.1B and trades at 16.6x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $1.29B in fiscal 2025, up 11.8% from the year before. Net income was $113.32M. The share price is 10.8% below its 52-week high of $55.99. It pays a dividend yielding 4.01%, and has raised its annual dividend for 24 years in a row in our records. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $19.63M. In that quarter, 2 of them opened or added to the position and 2 reduced it. Over the last 30 days, company insiders sold $73.06K of its stock on the open market and bought none. All of those sales were scheduled in advance under 10b5-1 plans.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +13.6% over 5Y.
today you would have $1,340.31▲ +34.0%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 10 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $46.74 | $39.56 | $38.94 | $47.59 | $48.78 | $45.99 | $73.73 | $60.46 | $59.65 | $59.80 | |
| P/E | 19.1x | 16.9x | 19.5x | 15.0x | 18.7x | 19.1x | 18.3x | 35.6x | 27.0x | — | 28.2x |
| P/S | 1.8x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 2.0% a year plus a 4.0% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 19.1 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 13.3x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 1.8% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CTRICenturi Holdings, Inc. | $19.32 | 60.4x | 2.2x | 0.00% | 4.03% | $1.95B |
| CEPUCentral Puerto S.a | $12.93 | 5.7x | 1.0x | 8.35% | 19.03% | $1.94B |
| HTOH2o America | $58.66 | 19.8x | 1.3x | 3.00% | 6.46% | $2.46B |
| RNWReNew Energy Global plc | $6.88 |
| 1.5x |
| 1.4x |
| 1.2x |
| 1.6x |
| 1.8x |
| 1.8x |
| 3.0x |
| 2.5x |
| 2.3x |
| 2.5x |
| P/B | 1.6x | 1.3x | 1.1x | 1.1x | 1.4x | 1.6x | 1.6x | 2.6x | 2.3x | 2.3x | 2.0x |
| EPS | $2.77 | $2.03 | $2.59 | $2.54 | $2.56 | $2.51 | $2.07 | $2.24 | -$1.93 | $2.12 |
| Dividend yield | 4.00% | 4.20% | 4.94% | 4.99% | 4.06% | 3.94% | 4.16% | 2.58% | 3.13% | 3.16% | 3.13% |
| Payout | 76.25% | 70.87% | 96.26% | 75.02% | 76.14% | 75.12% | 76.25% | 91.93% | 84.55% | — | 88.40% |
| Profit margin | 8.54% | 8.79% | 6.84% | 7.84% | 8.30% | 9.14% | 9.92% | 8.27% | 9.14% | -7.37% | 8.81% |
| ROE | 7.33% | 7.68% | 5.69% | 7.31% | 7.34% | 8.41% | 8.64% | 7.13% | 8.47% | -7.49% | 6.92% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+10.7% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 20.8x |
| 1.8x |
| 0.00% |
| 7.74% |
| $2.51B |
| MGEEMge Energy Inc | $74.24 | 17.7x | 1.9x | 2.73% | 11.04% | $2.8B |
| FRVOFervo Energy Co | $9.68 | — | 1.0x | 0.00% | — | $2.85B |