NWN vs SR
Northwest Natural Holding Co. and Spire Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NWN | SR |
|---|---|---|
| Revenue | $1.3B | $2.5B |
| Net income | $113.3M | $271.7M |
| Gross margin | · | 58.8% |
| Net margin | 8.8% | 11.0% |
| Return on equity | 7.9% | 8.2% |
| Diluted EPS | $2.77 | $4.37 |
| Dividend / share | $1.96 | $3.14 |
| Payout ratio | 68.2% | 67.1% |
| Free cash flow | $-197.8M | $-344.4M |
| Equity | $1.5B | $3.4B |
| Net debt / equity | 1.62× | 1.14× |
| Current ratio | 0.72× | 0.32× |
| Revenue CAGR 5y | 10.8% | 5.9% |
| Profit CAGR 5y | 8.1% | 25.1% |
SR bills 1.9× the revenue of NWN, and keeps more of each dollar of revenue as profit (11.0% against 8.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NWN | SR |
|---|---|---|
| FY2025 | $1.3B | $2.5B |
| FY2024 | $1.2B | $2.6B |
| FY2023 | $1.2B | $2.7B |
| FY2022 | $1.0B | $2.2B |
| FY2021 | $860.4M | $2.2B |
| FY2020 | $773.7M | $1.9B |
| FY2019 | $746.4M | $2.0B |
| FY2018 | $706.1M | $2.0B |
| FY2017 | $755.0M | $1.7B |
| FY2016 | $668.2M | $1.5B |
Bottom line
| Fiscal year | NWN | SR |
|---|---|---|
| FY2025 | $113.3M | $271.7M |
| FY2024 | $78.9M | $250.9M |
| FY2023 | $93.9M | $217.5M |
| FY2022 | $86.3M | $220.8M |
| FY2021 | $78.7M | $271.7M |
| FY2020 | $76.8M | $88.6M |
| FY2019 | $61.7M | $184.6M |
| FY2018 | $64.6M | $214.2M |
| FY2017 | $-55.6M | $161.6M |
| FY2016 | $58.9M | $144.2M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,187,037,000 | SR |
| FY2024 | −$1,440,006,000 | SR |
| FY2023 | −$1,468,825,000 | SR |
| FY2022 | −$1,158,735,000 | SR |
| FY2021 | −$1,375,100,000 | SR |
| FY2020 | −$1,081,721,000 | SR |
| FY2019 | −$1,206,028,000 | SR |
| FY2018 | −$1,258,857,000 | SR |
| FY2017 | −$985,662,000 | SR |
| FY2016 | −$869,127,000 | SR |
SR has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.2 pp | SR |
| FY2024 | −2.8 pp | SR |
| FY2023 | −0.3 pp | SR |
| FY2022 | −1.7 pp | SR |
| FY2021 | −3.0 pp | SR |
| FY2020 | +5.1 pp | NWN |
| FY2019 | −0.8 pp | SR |
| FY2018 | −1.3 pp | SR |
| FY2017 | −16.7 pp | SR |
| FY2016 | −0.6 pp | SR |
The higher net margin has changed hands between NWN and SR over this period.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWN's net margin has been more volatile than SR's over the 10 comparable fiscal years — 4.9 percentage points of standard deviation against 1.9.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NWN and SR over these 10 fiscal years — NWN led in 1 and SR in 9.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NWN's return on equity has been more volatile than SR's over the 10 comparable fiscal years — 4.5 percentage points of standard deviation against 1.8.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NWN and SR over these 10 fiscal years — NWN led in 3 and SR in 7.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.