Northwest Natural price to sales ratio NWN

Market value divided by revenue over the last twelve months, since 2019.

Today, Oct 23, 2026: 1.6×
8-year median: 1.7×
Against its 8-year history: 41st; percentile: 0 is its lowest day, 100 its highest
8-year range: 1.1× to 3.2×
Peer median: 2.2×

Northwest Natural's price to sales ratio is 1.6× as of Oct 23, 2026.

That is below its 8-year median of 1.7×, close to the middle of its last 8 years.

Over that time it ranged from 1.1× in Feb 2024 to 3.2× in Feb 2020.

The median for 6 gas utilities of a similar size is 2.2×.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.6×	1.5×	1.8×
2025	1.5×	1.3×	1.6×
2024	1.4×	1.1×	1.5×
2023	1.2×	1.1×	1.9×
2022	1.7×	1.6×	2.1×
2021	1.8×	1.6×	2.2×
2020	1.8×	1.8×	3.2×
2019	3.0×	2.6×	3.1×

Against its peers

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

Company	Price to sales ratio
NWNNorthwest Natural	1.6×
MDUMDU Resources	2.2×
OGSONE Gas	2.1×
SRSpire	2.0×
NJRNew Jersey Resources	2.4×
NFGNational Fuel Gas	n/m
NINiSource	3.0×
Peer median	2.2×

Where Northwest Natural ranks

#18of 71Utility stocks with the lowest price to sales ratio

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

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.