NWE vs. MNTK
NWE (NorthWestern Corporation) and MNTK (Montauk Renewables, Inc.) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past 5 years, NWE returned 6.43%/yr vs -30.37%/yr for MNTK. At a 0.12 correlation, their price movements are largely independent.
Performance
NWE vs. MNTK - Performance Comparison
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Returns By Period
In the year-to-date period, NWE achieves a 8.24% return, which is significantly higher than MNTK's -2.99% return.
NWE
- 1D
- -0.92%
- 1M
- -3.85%
- YTD
- 8.24%
- 6M
- 5.73%
- 1Y
- 34.06%
- 3Y*
- 11.42%
- 5Y*
- 6.43%
- 10Y*
- 5.81%
MNTK
- 1D
- -5.26%
- 1M
- 18.25%
- YTD
- -2.99%
- 6M
- -6.36%
- 1Y
- -14.29%
- 3Y*
- -39.29%
- 5Y*
- -30.37%
- 10Y*
- —
NWE vs. MNTK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NWE NorthWestern Corporation | 8.24% | 26.40% | 10.51% | -10.12% | 8.49% | 7.41% |
MNTK Montauk Renewables, Inc. | -2.99% | -58.04% | -55.33% | -19.22% | 7.61% | -12.62% |
Correlation
The correlation between NWE and MNTK is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021 | 0.12 |
Fundamentals
NWE:
$2.72
MNTK:
$0.02
NWE:
25.42
MNTK:
78.43
NWE:
2.59
MNTK:
0.96
NWE:
$1.64B
MNTK:
$180.21M
NWE:
$1.15B
MNTK:
$51.29M
NWE:
$510.42M
MNTK:
$36.19M
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Return for Risk
NWE vs. MNTK — Risk / Return Rank
NWE
MNTK
NWE vs. MNTK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NorthWestern Corporation (NWE) and Montauk Renewables, Inc. (MNTK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| NWE | MNTK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.03 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | -0.24 | +3.64 |
| Martin ratioReturn relative to average drawdown | 11.34 | -0.41 | +11.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NWE | MNTK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | -0.18 | +1.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | -0.42 | +0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | -0.42 | +0.81 |
Drawdowns
NWE vs. MNTK - Drawdown Comparison
The maximum NWE drawdown since its inception was -39.34%, smaller than the maximum MNTK drawdown of -94.49%. Use the drawdown chart below to compare losses from any high point for NWE and MNTK.
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Drawdown Indicators
| NWE | MNTK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.34% | -94.49% | +55.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.09% | -58.67% | +48.58% |
Max Drawdown (3Y)Largest decline over 3 years | -19.73% | -89.61% | +69.88% |
Max Drawdown (5Y)Largest decline over 5 years | -21.97% | -94.49% | +72.52% |
Max Drawdown (10Y)Largest decline over 10 years | -39.34% | — | — |
Current DrawdownCurrent decline from peak | -5.73% | -92.03% | +86.30% |
Average DrawdownAverage peak-to-trough decline | -10.77% | -57.26% | +46.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 35.26% | -32.12% |
Volatility
NWE vs. MNTK - Volatility Comparison
The current volatility for NorthWestern Corporation (NWE) is 6.68%, while Montauk Renewables, Inc. (MNTK) has a volatility of 25.72%. This indicates that NWE experiences smaller price fluctuations and is considered to be less risky than MNTK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NWE | MNTK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 25.72% | -19.04% |
Volatility (6M)Calculated over the trailing 6-month period | 16.06% | 50.01% | -33.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.39% | 78.89% | -57.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.05% | 72.83% | -51.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.72% | 73.37% | -48.65% |
Dividends
NWE vs. MNTK - Dividend Comparison
NWE's dividend yield for the trailing twelve months is around 3.83%, while MNTK has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNTK Montauk Renewables, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NWE NorthWestern Corporation | 3.83% | 4.09% | 4.86% | 5.03% | 4.25% | 4.34% | 4.12% | 3.21% | 3.70% | 3.52% | 3.52% | 3.54% |
Financials
NWE vs. MNTK - Financials Comparison
This section allows you to compare key financial metrics between NorthWestern Corporation and Montauk Renewables, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NWE vs. MNTK - Profitability Comparison
NWE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NorthWestern Corporation reported a gross profit of 423.03M and revenue of 497.57M. Therefore, the gross margin over that period was 85.0%.
MNTK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Montauk Renewables, Inc. reported a gross profit of 0.00 and revenue of 46.43M. Therefore, the gross margin over that period was 0.0%.
NWE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NorthWestern Corporation reported an operating income of 114.11M and revenue of 497.57M, resulting in an operating margin of 22.9%.
MNTK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Montauk Renewables, Inc. reported an operating income of -1.60M and revenue of 46.43M, resulting in an operating margin of -3.4%.
NWE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NorthWestern Corporation reported a net income of 63.46M and revenue of 497.57M, resulting in a net margin of 12.8%.
MNTK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Montauk Renewables, Inc. reported a net income of 5.00K and revenue of 46.43M, resulting in a net margin of 0.0%.
Frequently Asked Questions
NWE and MNTK have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNTK has higher volatility (25.72%) compared to NWE (6.68%). In terms of maximum drawdown, NWE dropped -39.34% vs MNTK's -94.49%.
NWE currently has the higher Sharpe Ratio (1.60 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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