Flagship explainer

What drives NORTHWESTERN ENERGY GROUP, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity6%Tax burden97%net income ÷ pretax incomeInterest burden58%pretax ÷ operating incomeOperating margin20%operating income ÷ revenueAsset turnover0.20×revenue ÷ average assetsEquity multiplier2.87×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$181MFY2025
Income before tax$188MFY2025
Operating income$326MFY2025
$1.6BFY2025
Ending assets$8.5BFY2025
Beginning assets$8.0BFY2024
$2.9BFY2025
$2.9BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 20, 2026 · annual-row source set
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