Is NorthWestern Energy Group, Inc. (NWE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 80.3% / 30% | 0.2% / 30% | 4.9% / 30% | 0.75% / 5% | ✗ NOT HALAL |
| DJIM | 80.3% / 33% | 0.2% / 33% | 4.9% / 33% | 0.75% / 5% | ✗ NOT HALAL |
| MSCI | 40.6% / 33% | 0.1% / 33% | 2.5% / 33% | 0.75% / 5% | ✗ NOT HALAL |
| S&P | 80.3% / 33% | 0.2% / 33% | 4.9% / 33% | 0.75% / 5% | ✗ NOT HALAL |
| FTSE | 40.6% / 33% | 0.1% / 33% | 2.5% / 50% | 0.75% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.9% | |
| Operating Margin | 16.7% | |
| Net Margin | 11.2% | |
| Return on Equity (ROE) | 6.3% | |
| Return on Assets (ROA) | 2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $394M |
| Free Cash Flow | -$130M |
| Total Debt | $3.4B |
| Debt-to-Equity | 119.1 |
| Current Ratio | 0.7 |
| Total Assets | $8.5B |
Price & Trading
| Last Close | $65.00 |
| 50-Day MA | $68.10 |
| 200-Day MA | $61.26 |
| Avg Volume | 559K |
| Beta | 0.3 |
|
52-Week Range
$50.46
| |
About NorthWestern Energy Group, Inc. (NWE)
NorthWestern Energy Group, Inc., doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and diversified industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities. The company operates 6,596 miles of electric transmission and 18,946 miles of electric distribution lines with approximately 397 transmission and distribution substations; and 2,133 miles of natural gas transmission and 5,939 miles of natural gas distribution lines with approximately 134 city gate stations in Montana. It also operates 1,344 miles of electric transmission and 2,386 miles of electric distribution lines in South Dakota with approximately 123 transmission and distribution substations; and 55 miles of natural gas transmission, 1,853 miles of natural gas distribution lines in South Dakota, and 836 miles of natural gas distribution lines Nebraska. The company provides electricity and/or natural gas to approximately 850,300 customers in Montana, South Dakota, Nebraska, and Yellowstone National Park. NorthWestern Energy Group, Inc. was incorporated in 1923 and is based in Sioux Falls, South Dakota.
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Frequently Asked Questions
Is NorthWestern Energy Group, Inc. (NWE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NorthWestern Energy Group, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NorthWestern Energy Group, Inc.'s debt ratio?
NorthWestern Energy Group, Inc.'s debt ratio is 80.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 40.6%.
What are NorthWestern Energy Group, Inc.'s key financial metrics?
NorthWestern Energy Group, Inc. has a market capitalization of $4.0B, trailing P/E ratio of 22.2, and revenue of $1.6B. The company maintains a gross margin of 56.9% and a net margin of 11.2%. Return on equity stands at 6.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.