Northwest Natural PE ratio NWN

Share price divided by earnings per share over the last twelve months, since 2019.

Today, Oct 23, 2026: 16.6×
8-year median: 18.7×
Against its 8-year history: 27th; percentile: 0 is its lowest day, 100 its highest
8-year range: 12.8× to 35.8×
Peer median: 15.7×

Northwest Natural's PE ratio is 16.6× as of Oct 23, 2026: a share price of $49.87 against $3.00 of earnings per share over the last twelve months.

That is below its 8-year median of 18.7×, lower than on 73% of days in the last 8 years.

Over that time it ranged from 12.8× in Feb 2024 to 35.8× in Feb 2020.

The median for 6 gas utilities of a similar size is 15.7×.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	16.6×	15.7×	20.1×
2025	18.7×	15.7×	21.7×
2024	18.7×	12.8×	20.8×
2023	14.2×	13.0×	19.9×
2022	18.3×	15.7×	22.8×
2021	16.5×	14.9×	24.3×
2020	22.9×	21.8×	35.8×
2019	33.9×	28.7×	34.5×

Against its peers

Companies in Regulated Gas nearest Northwest Natural's size, closest first, today.

Company	PE ratio
NWNNorthwest Natural	16.6×
MDUMDU Resources	20.2×
OGSONE Gas	16.8×
SRSpire	9.5×
NJRNew Jersey Resources	14.7×
NFGNational Fuel Gas	11.2×
NINiSource	22.9×
Peer median	15.7×

Where Northwest Natural ranks

#15of 67Utility stocks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Northwest Natural

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.