Logotype for Northwest Natural Holding Company

Northwest Natural Company (NWN) investor relations material

Northwest Natural Company Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Northwest Natural Holding Company
Q2 2025 earnings summary5 Aug, 2025

Executive summary

  • Adjusted EPS for the first six months of 2025 rose to $2.28, up from $1.60 year-over-year, driven by new Oregon rates, acquisitions, and strong utility growth.

  • Over 92,000 utility connections were added in the past 12 months, with a 10.6% combined growth rate as of June 30, 2025.

  • Acquired and integrated Pines Holdings (Hughes Gas Resources), expanding Texas gas utility operations.

  • Reaffirmed 2025 adjusted EPS guidance of $2.75–$2.95 and long-term EPS growth target of 4–6% from 2025 baseline.

  • Filed and reached settlements in Oregon general rate case, supporting future revenue and rate base growth.

Financial highlights

  • Adjusted net income for Q2 2025 was $315,000 ($0.01 per share), compared to a loss of $2.8 million ($0.07 per share) in Q2 2024.

  • Year-to-date adjusted net income was $92.1 million ($2.28 per share), up from $61 million ($1.60 per share) year-over-year.

  • Q2 2025 operating revenues increased to $236.2 million from $211.7 million year-over-year.

  • Margin increased $16.9 million in the gas segment due to new Oregon rates; O&M and depreciation expenses also rose.

  • Diluted shares outstanding increased to 40.5 million in Q2 2025 from 38.3 million in Q2 2024.

Outlook and guidance

  • Reaffirmed 2025 adjusted EPS guidance of $2.75–$2.95 per share, excluding $8.6 million pre-tax transaction and business development costs.

  • Long-term EPS growth rate expected at 4%–6% compounded annually from 2025 adjusted EPS.

  • Projecting 2%–2.5% consolidated organic customer growth for 2025.

  • 2025 capital expenditures expected at $450–$500 million.

  • Quarterly dividend of $0.49 per share declared, annualized at $1.96.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Northwest Natural Company earnings date

Logotype for Northwest Natural Holding Company
Q3 20255 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Northwest Natural Company earnings date

Logotype for Northwest Natural Holding Company
Q3 20255 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Northwest Natural Holding Company distributes natural gas to residential, commercial, and industrial customers. It operates primarily in the Pacific Northwest region of the United States and provides water and wastewater utility services. The company is headquartered in Portland, Oregon, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage