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 6.85%/yr vs -24.52%/yr for MNTK. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
NWE vs. MNTK - Performance Comparison
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Returns By Period
In the year-to-date period, NWE achieves a 8.60% return, which is significantly higher than MNTK's 2.40% return.
NWE
- 1D
- -1.42%
- 1M
- -3.62%
- 6M
- 3.29%
- YTD
- 8.60%
- 1Y
- 33.77%
- 3Y*
- 12.22%
- 5Y*
- 6.85%
- 10Y*
- 5.53%
- ALL TIME*
- 9.12%
MNTK
- 1D
- -6.56%
- 1M
- 1.18%
- 6M
- -1.72%
- YTD
- 2.40%
- 1Y
- -16.99%
- 3Y*
- -41.66%
- 5Y*
- -24.52%
- 10Y*
- —
- ALL TIME*
- -30.75%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $438.83K | $317.98K | $348.54K | |
| $24.17M | $25.46M | $34.31M |
NWE vs. MNTK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NWE NorthWestern Corporation | 8.60% | 26.40% | 10.51% | -10.12% | 8.49% | 6.48% |
MNTK Montauk Renewables, Inc. | 2.40% | -58.04% | -55.33% | -19.22% | 7.61% | -21.15% |
Correlation
The correlation between NWE and MNTK is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2021 | 0.13 |
Fundamentals
NWE:
$4.23B
MNTK:
$243.40M
NWE:
$2.78
MNTK:
$0.02
NWE:
24.73
MNTK:
73.60
NWE:
2.51
MNTK:
0.91
NWE:
$1.69B
MNTK:
$180.21M
NWE:
$1.12B
MNTK:
$51.29M
NWE:
$592.99M
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NWE | MNTK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.03 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.01 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | -0.39 | +3.59 |
| Martin ratioReturn relative to average drawdown | 10.17 | -0.66 | +10.82 |
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Drawdowns
NWE vs. MNTK - Drawdown Comparison
The maximum NWE drawdown since its inception was -39.96%, 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 | -39.96% | -94.49% | +54.53% |
Max Drawdown (1Y)Largest decline over 1 year | -10.47% | -54.84% | +44.37% |
Max Drawdown (3Y)Largest decline over 3 years | -13.57% | -89.61% | +76.04% |
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 | -6.37% | -91.58% | +85.21% |
Average DrawdownAverage peak-to-trough decline | -10.80% | -58.30% | +47.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.29% | 32.36% | -29.07% |
Volatility
NWE vs. MNTK - Volatility Comparison
The current volatility for NorthWestern Corporation (NWE) is 6.20%, while Montauk Renewables, Inc. (MNTK) has a volatility of 16.64%. 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 | 6.20% | 16.64% | -10.44% |
Volatility (6M)Calculated over the trailing 6-month period | 18.37% | 46.85% | -28.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 73.99% | -50.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.38% | 72.60% | -51.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.93% | 72.96% | -48.03% |
Dividends
NWE vs. MNTK - Dividend Comparison
NWE's dividend yield for the trailing twelve months is around 3.87%, 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 | 3.87% | 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 Aug 2026, NorthWestern Corporation reported a gross profit of 313.50M and revenue of 392.60M. Therefore, the gross margin over that period was 79.9%.
MNTK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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 Aug 2026, NorthWestern Corporation reported an operating income of 64.25M and revenue of 392.60M, resulting in an operating margin of 16.4%.
MNTK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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 Aug 2026, NorthWestern Corporation reported a net income of 24.99M and revenue of 392.60M, resulting in a net margin of 6.4%.
MNTK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MNTK has higher volatility (16.64%) compared to NWE (6.20%). In terms of maximum drawdown, NWE dropped -39.96% vs MNTK's -94.49%.
NWE currently has the higher Sharpe Ratio (1.42 vs -0.29), 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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