For the latest period, Northwest Natural Holding has a gross margin of 42.1%, an operating margin of 27.1%, an EBITDA margin of 41.4%, and a net margin of 9.7%. The company's available margins all advanced, with gross margin reporting the strongest expansion of 3.9 percentage points.
NWN margin history
Northwest Natural Holding's margins averaged 36.96% gross, 23.17% operating, 36.57% EBITDA, and 8.22% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.
NWN margin expansion
Gross margin expanded by 3.9 percentage points, operating margin by 3.1 percentage points, EBITDA margin by 3.8 percentage points, and net margin by 1.8 percentage points, led by gross margin with an increase of 3.9 percentage points.
NWN Gross margin
The average gross margin for Northwest Natural Holding was 36.96% during the last 3 years. At present, the current gross margin for Northwest Natural Holding is 42.1%, 5.1 percentage points above its three-year average. The gross margin for Northwest Natural Holding moved between 31.3% in Dec 2023 and 42.1% in Sep 2026.
NWN Operating margin
Northwest Natural Holding's operating margin averaged 23.17% over the last 3 years. Northwest Natural Holding's current operating margin is 27.1% and is 3.9 percentage points above its three-year average. Over the last 3 years, Northwest Natural Holding's operating margin peaked at 27.1% in Sep 2026 and reached a low of 19.3% in Dec 2023.
NWN EBITDA margin
Northwest Natural Holding's EBITDA margin averaged 36.57% over the last 3 years. Against its three-year average, Northwest Natural Holding's EBITDA margin is currently 41.4%, 4.8 percentage points above its three-year average. Over the last 3 years, Northwest Natural Holding's EBITDA margin peaked at 41.4% in Sep 2026 and reached a low of 32.2% in Dec 2023.
NWN Net margin
Over the last 3 years, Northwest Natural Holding's net margin averaged 8.22%. The current net margin of 9.7% is 1.5 percentage points above its three-year average. During this period, net margin reached a high of 9.7% in Sep 2026 and a low of 6.8% in Dec 2024.
NWN margin group comparison
Northwest Natural Holding's gross margin of 42.1% is below the Utilities sector, the industry and its peers average. But compared to its Utilities sector average of 42.7%, Northwest Natural Holding's gross margin is only 1.4% lower.
NWN margin peer comparison
Frequently asked questions
What is Northwest Natural Holding's gross margin?
As of Sep 30, 2026, NWN has a gross margin of 42.1%.
What is Northwest Natural Holding's operating margin?
As of Sep 30, 2026, NWN has an operating margin of 27.1%.
What is Northwest Natural Holding's EBITDA margin?
The current EBITDA margin for NWN is 41.4% as of Sep 30, 2026.
What is Northwest Natural Holding's net margin?
As of Sep 30, 2026, NWN has a net margin of 9.7%.
What are the average margins of NWN?
Over the last 3 years, Northwest Natural Holding's margins averaged 37.0% gross, 23.2% operating, 36.6% EBITDA, and 8.2% net.
What are the highest historical margins of NWN?
Looking back across 5 years, NWN reached 42.1% gross in Sep 2026, 27.1% operating in Sep 2026, 41.4% EBITDA in Sep 2026, and 9.7% net in Sep 2026.
What are the lowest historical margins of NWN?
Across the 5-year period, NWN posted its lowest margins at 31.1% gross in Sep 2023, 19.3% operating in Dec 2023, 31.8% EBITDA in Sep 2022, and 6.8% net in Dec 2024.