Northwest Natural Holding Co.
- NWN ยท NYSE
- Natural Gas Distribution
- Portland, OR
- 40 employees
- CIK 0001733998
Updated from SEC filings through
Top things to know
Executives
-
Justin Palfreyman President & CEO 4, 2026-05-07 -
Raymond J. Kaszuba III SVP & Chief Financial Officer 4, 2026-09-03 - Kyra Patterson VP and Chief People Officer 4, 2026-10-02
- Kathryn M. Williams VP, Chief PA & Sustainability 4, 2026-05-29
- Kimberly Heiting Rush President 4, 2026-03-09
- Melinda B. Rogers VP, Chief HR and 4, 2026-03-09
What leadership is saying
“We are delivering another strong year, and I am encouraged by the progress we are making across the Company”
Earnings press release (8-K Ex. 99.1), filed November 4, 2026
Northwest Natural Holding Co is a U.S. public company in natural gas distribution (SIC 4924), headquartered in Portland, OR. It trades as NWN on NYSE. Revenue was $1.3B in the fiscal year ending December 31, 2025, +11.8% from the year before. It reported about 40 employees. Justin Palfreyman is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B 10-K, 2026-02-27 | $1.2B 10-K, 2026-02-27 | $1.2B 10-K, 2026-02-27 | $1.0B 10-K, 2025-02-28 | $860M 10-K, 2024-02-23 |
| Operating income | $281M 10-K, 2026-02-27 | $191M 10-K, 2026-02-27 | $185M 10-K, 2026-02-27 | $167M 10-K, 2025-02-28 | $163M 10-K, 2024-02-23 |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $113M 10-K, 2026-02-27 | $78.9M 10-K, 2026-02-27 | $93.9M 10-K, 2026-02-27 | $86.3M 10-K, 2025-02-28 | $78.7M 10-K, 2024-02-23 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Justin Palfreyman | President & CEO | 4, 2026-05-07 |
 David H. Anderson | Named in proxy bio: Former Chief Executive Officer (3) | DEF 14A, 2026-04-17 |
| Justin B. Palfreyman | Named in proxy bio: President and Chief Executive Officer, NW Holdings (2) Chief Executive Officer, NW Natural | DEF 14A, 2026-04-17 |
| Raymond J. Kaszuba III | SVP & Chief Financial Officer | 4, 2026-09-03 |
| Kyra Patterson | VP and Chief People Officer | 4, 2026-10-02 |
| Kathryn M. Williams | VP, Chief PA & Sustainability | 4, 2026-05-29 |
| Kimberly H. Rush | Named in proxy bio: President, NW Natural (5) | DEF 14A, 2026-04-17 |
| Kimberly Heiting Rush | President | 4, 2026-03-09 |
| Melinda B. Rogers | VP, Chief HR and | 4, 2026-03-09 |
| Brody J. Wilson | VP, Treas, Controller & CAO | 4, 2026-09-03 |
 Brian Fellon | VP, CIO & CISO | 4, 2026-05-29 |
 Joseph S. Karney | VP, Eng. & Utility Operations | 4, 2026-05-29 |
 Zachary D. Kravitz | VP, Regulatory Affairs and | 4, 2026-05-29 |
| David A. Weber | VP, Gas Supply | 4, 2026-05-29 |
 Megan H. Berge | SVP, GC, CCO & Corp. Sec. | 4, 2026-03-09 |
| MardiLyn Saathoff | Gen'l Counsel, CCO & SVP, Reg | 4, 2026-03-09 |
What Northwest Natural Holding Co does
NW Holdings is a holding company headquartered in Portland, Oregon and owns NW Natural, SiEnergy Operating, LLC (SiEnergy Gas Utility or SiEnergy), NW Natural Water Company, LLC (NWN Water Utility or NWN Water), and NW Natural Renewables Holdings, LLC (NWN Renewables).
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 42.1 million (as of July 28, 2026) | 10-Q, August 5, 2026 |
|---|---|---|
| Public float | $1.6B (as of June 30, 2025) | 10-K, February 27, 2026 |
| Latest proxy statement | Meeting May 28, 2026 (filed April 17, 2026) | DEF 14A, April 17, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Portland, Oregon) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 19, 2026 | David Hugo Anderson Director | Sale | 1,500 | $73K | Form 4, October 21, 2026 |
| September 18, 2026 | David Hugo Anderson Director | Sale | 1,500 | $72K | Form 4, September 21, 2026 |
| August 18, 2026 | David Hugo Anderson Director | Sale | 1,500 | $76K | Form 4, August 18, 2026 |
| July 20, 2026 | David Hugo Anderson Director | Sale | 1,500 | $77K | Form 4, July 21, 2026 |
| June 26, 2026 | David Hugo Anderson Director | Sale | 1,500 | $76K | Form 4, June 29, 2026 |
| May 12, 2026 | Peter J. Bragdon Director | Buy | 400 | $20K | Form 4, May 13, 2026 |
| May 7, 2026 | Justin Palfreyman President & CEO | Buy | 1,225 | $60K | Form 4, May 7, 2026 |
| March 23, 2026 | David A. Weber VP, Gas Supply | Sale | 1,700 | $89K | Form 4, March 25, 2026 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-23
- Item 7.01 Regulation FD disclosure
- Item 8.01 Other events
- 8-K filed 2026-09-03
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-31
- Item 8.01 Other events
- 8-K filed 2026-06-05
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 8.01 Other events
- 8-K filed 2026-06-01
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-24
- Item 8.01 Other events
- 8-K filed 2026-02-27
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Northwest Natural Holding Co
- What does Northwest Natural Holding Co do?
- In its own words, from Item 1 of its 10-K: "NW Holdings is a holding company headquartered in Portland, Oregon and owns NW Natural, SiEnergy Operating, LLC (SiEnergy Gas Utility or SiEnergy), NW Natural Water Company, LLC (NWN Water Utility or NWN Water), and NW Natural Renewables Holdings, LLC (NWN Renewables)."
- What is Northwest Natural Holding Co's revenue?
- $1.3B for the fiscal year ending December 31, 2025, from its 10-K filed February 27, 2026.
- Is Northwest Natural Holding Co profitable?
- Northwest Natural Holding Co reported net income of $113M for the fiscal year ending December 31, 2025.
- How many employees does Northwest Natural Holding Co have?
- About 40 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Northwest Natural Holding Co?
- Justin Palfreyman, President & CEO, as named in a 4 filed May 7, 2026.
- Who is the CFO of Northwest Natural Holding Co?
- Raymond J. Kaszuba III, SVP & Chief Financial Officer, as named in a 4 filed September 3, 2026.
- Where is Northwest Natural Holding Co headquartered?
- Portland, OR.
- What is Northwest Natural Holding Co's stock ticker?
- NWN on NYSE.
- What industry is Northwest Natural Holding Co in?
- Natural Gas Distribution, SIC code 4924.
- What is Northwest Natural Holding Co's website?
- nwnaturalholdings.com.
- When does Northwest Natural Holding Co report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Northwest Natural Holding Co a public company?
- Yes. Northwest Natural Holding Co files with the SEC under CIK 0001733998 and trades as NWN.
- Who audits Northwest Natural Holding Co?
- PricewaterhouseCoopers LLP, Portland, Oregon, as named in its latest annual report (10-K).
- How many shares of Northwest Natural Holding Co are outstanding?
- 42.1 million shares as of July 28, 2026, from its 10-Q filed August 5, 2026.
- What is Northwest Natural Holding Co's public float?
- $1.6B as of June 30, 2025, as reported on the cover of its 10-K filed February 27, 2026.
- When is Northwest Natural Holding Co's annual shareholder meeting?
- May 28, 2026, per its proxy statement (DEF 14A) filed April 17, 2026.
- Have Northwest Natural Holding Co insiders traded stock recently?
- Since July 21, 2025, officers and directors reported 20 open-market sales worth about $3.0M and 2 purchases worth about $80K on Forms 4 and 5. The most recent: David Hugo Anderson (Director) sold 1,500 shares on October 19, 2026.