NWN
UtilitiesNorthwest Natural Holding Company · Regulated Gas · $2B
What is Northwest Natural Holding Company?
Northwest Natural Holding Company is a regulated utility headquartered in Portland, Oregon, serving natural gas customers across Oregon and Southwest Washington. The company has operated in the Pacific Northwest for well over a century.
The company distributes natural gas to residential, commercial, industrial, and transportation customers through roughly 786,000 meters. It also operates a significant gas storage facility, provides water and wastewater services to tens of thousands of connections in the Pacific Northwest and Texas, and offers natural gas asset management alongside a retail appliance center.
Northwest Natural traces its roots to 1859 and is headquartered in Portland, Oregon.
- Regulated natural gas distribution
- Natural gas storage services
- Water and wastewater services
- Non-regulated renewable natural gas investments
Is NWN a Good Stock to Buy?
UQS Score rates NWN as Below Average overall.
The Growth and Valuation pillars both carry Good ratings, suggesting the company's expansion trajectory and current pricing compare reasonably well within the utilities sector. Quality and Moat land at Neutral, reflecting a stable but undifferentiated regulated business.
The Risk pillar is rated Weak, which is the most notable drag on NWN's composite score and warrants careful attention from investors.
Sign up to see the full pillar breakdown and the financial metrics behind each rating. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NWN pay dividends?
Yes — Northwest Natural Holding Company pays a dividend.
Northwest Natural pays a regular dividend, consistent with the income-oriented profile typical of regulated utilities. The company's long operating history supports a sustained payout, making it a consideration for income-focused investors who prioritize yield over growth.
When does NWN report earnings?
Northwest Natural Holding Company reports earnings on a quarterly cadence, standard for US-listed equities.
As a regulated utility, NWN's results tend to reflect rate-base changes, customer growth, and seasonal demand patterns rather than sharp swings. Revenue visibility is relatively high given the regulated nature of most operations.
For the most recent quarter's results, visit Northwest Natural Holding Company's investor relations page directly.
NWN Price History
+21.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Northwest Natural Holding Company?
Based on Northwest Natural Holding Company's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Northwest Natural Holding Company do?
Northwest Natural distributes regulated natural gas to homes, businesses, and industrial users in Oregon and Southwest Washington. It also operates gas storage assets, provides water and wastewater services in the Pacific Northwest and Texas, and holds investments in renewable natural gas.
Does NWN pay dividends?
Yes, Northwest Natural pays a regular dividend. Regulated utilities like NWN typically prioritize consistent income distributions, supported by relatively predictable cash flows from their rate-regulated operations.
When does NWN report earnings?
NWN reports on a quarterly basis, in line with standard US listing requirements. For exact dates and the most recent results, check the investor relations section of Northwest Natural's official website.
Is NWN a good stock to buy?
UQS Score rates NWN as Below Average overall. Growth and Valuation are rated Good, but the Weak Risk pillar weighs on the composite. Whether it suits your portfolio depends on your risk tolerance and income goals. See the full breakdown by signing up.
Is NWN overvalued?
NWN's Valuation pillar is rated Good, suggesting the stock is not considered expensive relative to sector peers based on the UQS framework. Pro members can view the specific metrics driving that rating.
What is NWN's market cap bracket?
Northwest Natural Holding Company is classified as a mid-cap company, placing it in the middle tier of publicly traded utilities by market size.
Is NWN a long-term quality indicator?
The UQS composite rates NWN as Below Average, driven primarily by a Weak Risk pillar. Long-term investors should weigh the stable regulated business model against the risk profile before drawing conclusions. The full pillar detail is available to Pro members.
What sector does NWN belong to?
Northwest Natural Holding Company operates in the Utilities sector, specifically within regulated natural gas distribution — a segment known for predictable demand but also subject to regulatory and infrastructure risk.
Unlock Full NWN Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View the exact UQS pillar scores across Quality, Growth, Moat, Risk, and Valuation
- ✓Access the underlying financial metrics driving each rating
- ✓Compare NWN side-by-side with sector peers
- ✓Screen for utilities that score stronger on Risk and Quality
Pro Analysis
NWN — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 52.6 | 42.9 | 59.0 | 70.8 | 10.7 | 76.0 | -1.8 |
| May 10, 2026 | 54.4 | 33.3 | 59.0 | 71.5 | 41.3 | 72.5 | 0.0 |
| May 8, 2026 | 54.4 | 33.3 | 59.0 | 71.6 | 41.3 | 72.3 | +2.9 |
| May 7, 2026 | 51.5 | 41.0 | 59.0 | 71.6 | 6.4 | 74.7 | +0.5 |
| May 3, 2026 | 51.0 | 41.0 | 59.0 | 71.6 | 6.4 | 71.6 | 0.0 |
| May 2, 2026 | 51.0 | 41.0 | 59.0 | 71.6 | 6.4 | 71.2 | +0.2 |
| Apr 28, 2026 | 50.8 | 41.0 | 59.0 | 70.7 | 6.4 | 71.2 | -0.2 |
| Apr 26, 2026 | 51.0 | 41.0 | 59.0 | 71.8 | 6.4 | 71.2 | +0.1 |
| Apr 19, 2026 | 50.9 | 41.0 | 59.0 | 71.8 | 6.4 | 70.7 | -0.9 |
| Apr 18, 2026 | 51.8 | 41.0 | 59.0 | 76.4 | 6.4 | 70.5 | +0.4 |
NWN — Pillar Breakdown
Quality
— 42.9/100 (25%)Northwest Natural Holding Company has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 70.8/100 (20%)Northwest Natural Holding Company demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 10.7/100 (15%)Northwest Natural Holding Company presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 76.1/100 (15%)Northwest Natural Holding Company appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 59/100 (25%)Northwest Natural Holding Company has meaningful competitive advantages that should protect its market position. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NWN.
Score Composition
Financial Data
More Stock Analysis
How is the NWN UQS Score Calculated?
The UQS (Unified Quality Score) for Northwest Natural Holding Company is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Northwest Natural Holding Company's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Northwest Natural Holding Company is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.