Northwest Natural Holding Company
$4.63B- Market cap
- $2.07B
- Debt
- +$2.59B
- Cash
- −$36.67M
Capital structure 44% equity / 56% debt · EV / Revenue 3.59x · EV / EBITDA 16.61x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: NWN stock price vs MCK: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at MCK's multiple
Needs MCK P/E.
Implied fair value · at NWN's multiple
Needs NWN P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: NWN FY 2025 (ended Dec 31, 2025) · MCK FY 2026 (ended Mar 31, 2026). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 44% equity / 56% debt · EV / Revenue 3.59x · EV / EBITDA 16.61x
Capital structure 94% equity / 6% debt · EV / Revenue 0.27x · EV / EBITDA 16.01x
MCK carries the larger enterprise value at $108.39B against $4.63B; MCK trades on the lower EV / Revenue multiple (0.27x vs 3.59x); MCK on the lower EV / EBITDA (16.01x vs 16.61x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
NORTHWEST NATURAL HOLDING COMPANY · implied price per share
Latest annual free cash flow must be positive to qualify the filing-backed baseline.
McKESSON CORPORATION · implied price per share
Bear
$630.54
Base
$765.28
Bull
$951.09
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.76x
-2.99x
Net debt / EBITDA
Leverage against operating earnings
9.18x
0.37x
Cash and equivalents
Liquid reserves on the balance sheet
$36.67M
$3.98B
Total debt
Interest-bearing obligations outstanding
$2.59B
$6.50B
Comparable set
Where the pair sits against the wider comparable set.
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