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May 6, 2026·SEC
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Dec 11, 2025·SEC
NiSource Inc.(NI)Earnings, Financials & Key Ratios
NI•NYSE•Utilities
24.2× P/E·Price updated Jun 19, 2026
AboutNiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.Show more
- Revenue$6.64B+21.8%
- EBITDA$3B+20.2%
- Net Income$930M+22.2%
- Free Cash Flow-$1.93B-124.1%
- EBITDA Margin45.21%-1.3%
- Net Margin13.99%+0.4%
- ROE8.33%+13.9%
- Interest Coverage2.87-2.6%
- Debt/Equity1.39+6.4%
NI Key Insights
NiSource Inc. (NI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓14 years of consecutive dividend growth
- ✓14 consecutive years of dividend growth
- ✓Healthy dividend yield of 2.4%
- ✓Trading near 52-week high
✗Weaknesses
- ✗High leverage: 5.4x Debt/EBITDA
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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NI Price & Volume
NiSource Inc. (NI) stock price & volume — 10-year historical chart
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NI Growth Metrics
NiSource Inc. (NI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.63%
5 Years7.25%
3 Years4.32%
TTM15.01%
Profit CAGR
10 Years12.49%
5 Years-
3 Years4.95%
TTM10.53%
EPS CAGR
10 Years8.04%
5 Years-
3 Years4.68%
TTM8.36%
Return on Capital
10 Years4.75%
5 Years5.52%
3 Years5.63%
Last Year6.04%
NI Recent Earnings
NiSource Inc. (NI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$1.06+1.0%
$1.05
Rev
$2.4B-6.3%
$2.5B
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$0.51+2.9%
$0.50
Rev
$1.9B+33.0%
$1.4B
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.19-5.0%
$0.20
Rev
$1.3B+6.1%
$1.2B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.22+7.3%
$0.20
Rev
$1.3B+5.7%
$1.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $1.06vs $1.05+1.0% | $2.4Bvs $2.5B-6.3% |
| Q1 2026 | Feb 11, 2026 | $0.51vs $0.50+2.9% | $1.9Bvs $1.4B+33.0% |
| Q4 2025 | Oct 29, 2025 | $0.19vs $0.20-5.0% | $1.3Bvs $1.2B+6.1% |
| Q3 2025 | Aug 6, 2025 | $0.22vs $0.20+7.3% | $1.3Bvs $1.2B+5.7% |
Based on last 12 quarters of dataView full earnings history →
NI Peer Comparison
NiSource Inc. (NI) competitors in Regulated Gas and Electric Utilities — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ATO | 28.39B | 170.11 | 22.80 | 12.91% | 27.58% | 7.69% | 0.69 | |
 SR | 4.55B | 77.05 | 17.63 | -4.5% | 14.12% | 10.44% | 1.54 | |
 NWN | 2.06B | 49.02 | 17.70 | 11.83% | 9.56% | 8.27% | 1.87 | |
 SWX | 6.4B | 88.48 | 14.55 | -62.05% | 18.55% | 11.53% | 0.89 | |
 OGS | 4.82B | 76.76 | 17.57 | 16.5% | 11.77% | 8.2% | 0.99 | |
 CNP | 27.96B | 42.82 | 26.76 | 8.26% | 11.38% | 9.59% | 2.12 | |
 ED | 39.2B | 106.36 | 18.86 | 10.89% | 12.52% | 8.82% | 1.19 | |
 WEC | 36.54B | 112.17 | 23.22 | 13.96% | 16.25% | 11.64% | 1.59 |
Compare NI vs Peers
NiSource Inc. (NI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NI Income Statement
NiSource Inc. (NI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4.87B | 5.11B | 5.21B | 4.68B | 4.9B | 5.85B | 5.51B | 5.46B | 6.64B | 6.82B |
Revenue Growth % | 8.51% | 4.92% | 1.85% | -10.12% | 4.65% | 19.41% | -5.9% | -0.91% | 21.76% | 15.01% |
Cost of Revenue | 3.12B | 4.11B | 2.89B | 2.7B | 2.85B | 3.6B | 3.03B | 2.65B | 2.75B | 3.01B |
Gross Profit | 1.75B▲ 0% | 1B▼ 43.0% | 2.32B▲ 131.9% | 1.99B▼ 14.4% | 2.05B▲ 3.3% | 2.25B▲ 9.7% | 2.48B▲ 10.1% | 2.81B▲ 13.3% | 3.89B▲ 38.6% | 3.81B▲ 0% |
Gross Margin % | 35.99% | 19.56% | 44.53% | 42.43% | 41.87% | 38.47% | 45% | 51.47% | 58.57% | 55.92% |
Gross Profit Growth % | 5.9% | -42.98% | 131.87% | -14.35% | 3.26% | 9.72% | 10.06% | 13.34% | 38.55% | - |
Operating Expenses | 838.1M | 856.4M | 1.03B | 1.44B | 1.04B | 984.9M | 1.18B | 1.35B | 2.05B | 1.92B |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
EBITDA | 1.49B | 724.3M | 1.61B | 1.28B | 1.76B | 2.09B | 2.2B | 2.5B | 3B | 3.09B |
EBITDA Margin % | 30.6% | 14.16% | 30.87% | 27.27% | 35.83% | 35.66% | 40.03% | 45.8% | 45.21% | 45.33% |
EBITDA Growth % | 5.54% | -51.44% | 122.02% | -20.61% | 37.49% | 18.87% | 5.61% | 13.39% | 20.18% | 14.91% |
Depreciation & Amortization | 570.3M | 599.6M | 717.4M | 725.9M | 748.4M | 820.8M | 908.2M | 1.04B | 1.17B | 1.2B |
D&A / Revenue % | 11.7% | 11.72% | 13.77% | 15.51% | 15.27% | 14.03% | 16.5% | 19.12% | 17.58% | 17.55% |
Operating Income (EBIT) | 921.2M▲ 0% | 124.7M▼ 86.5% | 890.7M▲ 614.3% | 550.8M▼ 38.2% | 1.01B▲ 82.8% | 1.27B▲ 25.7% | 1.3B▲ 2.3% | 1.46B▲ 12.4% | 1.84B▲ 26.1% | 1.9B▲ 0% |
Operating Margin % | 18.9% | 2.44% | 17.1% | 11.76% | 20.55% | 21.64% | 23.53% | 26.68% | 27.63% | 27.78% |
Operating Income Growth % | 6.36% | -86.46% | 614.27% | -38.16% | 82.81% | 25.71% | 2.35% | 12.35% | 26.09% | - |
Interest Expense | 353.2M | 353.3M | 378.9M | 371M | 341.1M | 360.5M | 489.6M | 517.2M | 639M | 4M |
Interest Coverage | 2.30x | 0.40x | 2.34x | 0.92x | 3.08x | 3.69x | 2.69x | 2.95x | 2.87x | - |
Interest / Revenue % | 7.25% | 6.91% | 7.27% | 7.92% | 6.96% | 6.16% | 8.89% | 9.48% | 9.62% | 0.06% |
Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
Pretax Income | 443.1M▲ 0% | -230.6M▼ 152.0% | 506.6M▲ 319.7% | -31.3M▼ 106.2% | 706.6M▲ 2357.5% | 956.4M▲ 35.4% | 813.9M▼ 14.9% | 1B▲ 23.2% | 1.22B▲ 21.3% | 1.23B▲ 0% |
Pretax Margin % | 9.09% | -4.51% | 9.73% | -0.67% | 14.42% | 16.35% | 14.78% | 18.38% | 18.31% | 17.97% |
Income Tax | 314.5M | -180M | 123.5M | -17.1M | 117.8M | 164.6M | 139.5M | 158.1M | 203.8M | 183.9M |
Effective Tax Rate % | 70.98% | 78.06% | 24.38% | 54.63% | 16.67% | 17.21% | 17.14% | 15.77% | 16.75% | 15% |
Net Income | 128.5M▲ 0% | -50.6M▼ 139.4% | 383.1M▲ 857.1% | -17.6M▼ 104.6% | 584.9M▲ 3423.3% | 804.1M▲ 37.5% | 714.3M▼ 11.2% | 760.4M▲ 6.5% | 929.5M▲ 22.2% | 961.8M▲ 0% |
Net Margin % | 2.64% | -0.99% | 7.35% | -0.38% | 11.94% | 13.74% | 12.97% | 13.94% | 13.99% | 14.1% |
Net Income Growth % | -61.24% | -139.38% | 857.11% | -104.59% | 3423.3% | 37.48% | -11.17% | 6.45% | 22.24% | 10.53% |
EPS (Diluted) | 0.39▲ 0% | -0.18▼ 146.2% | 0.87▲ 583.3% | -0.19▼ 121.8% | 1.27▲ 768.4% | 1.70▲ 33.9% | 1.48▼ 12.9% | 1.62▲ 9.5% | 1.95▲ 20.4% | 2.00▲ 0% |
EPS Growth % | -61.76% | -146.15% | 583.33% | -121.84% | 768.42% | 33.86% | -12.94% | 9.46% | 20.37% | 8.36% |
EPS (Basic) | 0.39 | -0.18 | 0.88 | -0.19 | 1.35 | 1.84 | 1.59 | 1.63 | 1.96 | - |
Diluted Shares Outstanding | 330.8M | 356.5M | 375.99M | 384.35M | 417.3M | 442.7M | 447.9M | 456M | 474.5M | 480.9M |
NI Balance Sheet
NiSource Inc. (NI) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 19.96B | 21.8B | 22.66B | 22.04B | 24.16B | 26.74B | 31.08B | 31.79B | 36.55B | 36.6B |
Asset Growth % | 6.79% | 9.23% | 3.92% | -2.73% | 9.6% | 10.68% | 16.23% | 2.29% | 14.99% | 50.96% |
PP&E (Net) | 14.36B | 15.54B | 16.91B | 16.62B | 17.88B | 19.84B | 22.27B | 25.45B | 28.71B | 29.43B |
PP&E / Total Assets % | 71.94% | 71.28% | 74.64% | 75.4% | 74.02% | 74.22% | 71.68% | 80.07% | 78.56% | 80.4% |
Total Current Assets | 1.76B | 2.06B | 1.85B | 1.66B | 1.92B | 2.58B | 4.5B | 2.08B | 2.38B | 2.41B |
Cash & Equivalents | 29M | 112.8M | 139.3M | 116.5M | 84.2M | 40.8M | 2.25B | 156.6M | 135.7M | 71.9M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 471.1M | 422.5M | 424.7M | 401.1M | 498.7M | 751.9M | 503.2M | 389.1M | 449.5M | 303.5M |
Other Current Assets | 176.3M | 243.7M | 314.3M | 230.4M | 217.7M | 477.8M | 368.6M | 386.1M | 379.2M | 508.3M |
Long-Term Investments | 209.6M | 206.1M | 230.2M | 252M | 259.7M | 224.2M | 247.1M | 178.7M | 281.9M | 1.12B |
Goodwill | 1.69B | 1.69B | 1.49B | 1.49B | 1.49B | 1.49B | 1.49B | 1.49B | 1.49B | 1.49B |
Intangible Assets | 231.7M | 220.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 1.71B | 2.09B | 2.18B | 2.02B | 2.61B | 2.6B | 2.57B | 2.59B | 3B | 3B |
Total Liabilities | 15.64B | 16.05B | 16.67B | 16.2B | 16.88B | 18.83B | 20.94B | 21.12B | 24.89B | 24.67B |
Total Debt | 9B | 9.13B | 9.69B | 9.95B | 9.99B | 11.53B | 14.13B | 13.96B | 16.24B | 16.77B |
Net Debt | 8.97B | 9.02B | 9.56B | 9.83B | 9.91B | 11.49B | 11.88B | 13.8B | 16.1B | 16.69B |
Long-Term Debt | 7.51B | 7.11B | 7.67B | 9.22B | 9.18B | 9.52B | 11.06B | 11.85B | 15.22B | 15.46B |
Short-Term Borrowings | 1.49B | 2.03B | 1.79B | 526.3M | 590M | 1.79B | 3.07B | 1.89B | 765.4M | 1.31B |
Capital Lease Obligations | 0 | 0 | 239.7M | 201.6M | 220.2M | 211.4M | 0 | 241.5M | 271.5M | 271.5M |
Total Current Liabilities | 3.18B | 4.04B | 3.75B | 2.28B | 2.75B | 4.66B | 5.27B | 4.11B | 3.46B | 3.73B |
Accounts Payable | 625.6M | 883.8M | 666M | 589M | 697.8M | 899.5M | 749.4M | 863.1M | 1.25B | 999.3M |
Accrued Expenses | 203.1M | 269.2M | 416.4M | 325.1M | 480.8M | 463.6M | 353.5M | 327.2M | 246.8M | 1.37B |
Deferred Revenue | 262.6M | 238.9M | 256.4M | 243.3M | 237.9M | 324.7M | 294.4M | 268.8M | 0 | 148.1M |
Other Current Liabilities | 329.4M | 309.5M | 329.1M | 303.1M | 320.1M | 752.2M | 578.7M | 503.3M | 1.2B | 407.7M |
Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 10.57B |
Other Liabilities | 3.65B | 3.57B | 3.53B | 3.03B | 3.11B | 2.62B | 2.54B | 2.63B | 2.75B | 2.9B |
Total Equity | 4.32B▲ 0% | 5.75B▲ 33.1% | 5.99B▲ 4.1% | 5.84B▼ 2.5% | 7.27B▲ 24.6% | 7.9B▲ 8.6% | 10.14B▲ 28.3% | 10.67B▲ 5.2% | 11.66B▲ 9.3% | 11.93B▲ 0% |
Equity Growth % | 6.11% | 33.12% | 4.1% | -2.49% | 24.58% | 8.65% | 28.28% | 5.25% | 9.29% | 39.09% |
Shareholders Equity | 4.32B | 5.75B | 5.99B | 5.75B | 6.95B | 7.58B | 8.27B | 8.68B | 9.45B | 9.66B |
Minority Interest | 0 | 0 | 0 | 85.6M | 325.6M | 326.4M | 1.87B | 1.98B | 2.21B | 2.27B |
Common Stock | 3.4M | 3.8M | 3.8M | 3.9M | 4.1M | 4.2M | 4.5M | 4.7M | 4.8M | 4.8M |
Additional Paid-in Capital | 5.53B | 6.4B | 6.67B | 6.89B | 7.2B | 7.38B | 8.88B | 9.52B | 9.87B | 9.86B |
Retained Earnings | -1.07B | -1.4B | -1.37B | -1.77B | -1.58B | -1.21B | -967M | -711.7M | -315.2M | -96.6M |
Accumulated OCI | -43.4M | -37.2M | -92.6M | -156.7M | -126.8M | -37.1M | -33.6M | -30.4M | -6.2M | -9.2M |
Return on Assets (ROA) | 0.66% | -0.24% | 1.72% | -0.08% | 2.53% | 3.16% | 2.47% | 2.42% | 2.72% | 2.72% |
Return on Equity (ROE) | 3.06% | -1% | 6.53% | -0.3% | 8.92% | 10.6% | 7.92% | 7.31% | 8.33% | 8.4% |
Debt / Equity | 2.08x | 1.59x | 1.62x | 1.70x | 1.37x | 1.46x | 1.39x | 1.31x | 1.39x | 1.41x |
Debt / Assets | 45.1% | 41.88% | 42.78% | 45.13% | 41.37% | 43.11% | 45.46% | 43.92% | 44.43% | 45.81% |
Net Debt / EBITDA | 6.02x | 12.45x | 5.94x | 7.70x | 5.65x | 5.50x | 5.39x | 5.52x | 5.36x | 5.40x |
Book Value per Share | 13.06 | 16.13 | 15.92 | 15.19 | 17.43 | 17.85 | 22.63 | 23.4 | 24.57 | 24.8 |
NI Cash Flow Statement
NiSource Inc. (NI) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 742.2M | 540.1M | 1.58B | 1.1B | 1.22B | 1.41B | 1.94B | 1.78B | 2.36B | 2.12B |
Operating CF Growth % | -7.61% | -27.23% | 193.15% | -30.27% | 10.32% | 15.72% | 37.3% | -7.94% | 32.6% | 45.27% |
Operating CF / Revenue % | 15.23% | 10.56% | 30.4% | 23.58% | 24.86% | 24.09% | 35.15% | 32.66% | 35.57% | 31.05% |
Net Income | 128.6M | -50.6M | 383.1M | -14.2M | 588.8M | 791.8M | 674.4M | 760.4M | 926.9M | 961.8M |
Depreciation & Amortization | 570.3M | 599.6M | 717.4M | 725.9M | 748.4M | 820.8M | 908.2M | 1.04B | 1.17B | 1.2B |
Deferred Taxes | 306.7M | -188.2M | 118.2M | -29M | 111.9M | 156.9M | 134.1M | 168M | 235.8M | 220.3M |
Other Non-Cash Items | 112.9M | 40.5M | 413.8M | 653M | 4.9M | -99.6M | -5.4M | -26.6M | 88.4M | 93.4M |
Working Capital Changes | -416.4M | 110.2M | -75.1M | -249.1M | -260.4M | -285.4M | 199.9M | -195.6M | -56.4M | -350.3M |
Capital Expenditures | -1.7B | -1.82B | -1.8B | -1.76B | -1.84B | -2.2B | -2.65B | -2.64B | -4.29B | -3.51B |
CapEx / Revenue % | 34.79% | 35.55% | 34.6% | 37.55% | 37.51% | 37.66% | 48.06% | 48.45% | 64.63% | 51.39% |
CapEx / D&A | 2.97x | 3.03x | 2.51x | 2.42x | 2.46x | 2.68x | 2.91x | 2.53x | 3.68x | 2.93x |
CapEx Coverage (OCF/CapEx) | 0.44x | 0.30x | 0.88x | 0.63x | 0.66x | 0.64x | 0.73x | 0.67x | 0.55x | 0.60x |
Cash from Investing | -1.81B | -1.93B | -1.92B | -879.1M | -2.2B | -2.57B | -3.57B | -3.21B | -4.29B | -3.91B |
Acquisitions | 1.7B | 1.82B | 1.8B | 1.76B | 1.84B | 21.2M | 0 | 0 | 231.4M | 130.6M |
Purchase of Investments | -168.4M | -90M | -140.4M | -144.7M | -102.9M | -73.5M | -42.8M | -17.8M | -93.9M | -93.9M |
Sale of Investments | 163.1M | 82.3M | 132.1M | 131.4M | 97.8M | 75.7M | 39.9M | 93.2M | 39.3M | 39.3M |
Other Investing | -1.8B | -1.92B | -1.91B | -865.8M | -2.2B | -390.5M | -922.9M | -645.4M | -1.69B | -1.04B |
Cash from Financing | 1.07B | 1.47B | 366.4M | -247.7M | 956.3M | 1.14B | 3.84B | -651M | 1.87B | 1.59B |
Dividends Paid | -229.1M | -284.9M | -354.6M | -376.7M | -400.3M | -436.6M | -457.3M | -489.2M | -530.4M | -547.4M |
Dividend Payout Ratio % | 178.29% | - | 77.92% | - | 59.02% | 47.44% | 57.89% | 63.26% | 57.06% | - |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 2.3M |
Stock Issued | 336.7M | 848.2M | 244.4M | 211.4M | 1.14B | 154.3M | 12.9M | 612.6M | 312.1M | 312.8M |
Share Repurchases | -7.2M | -4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | -144.3M | -46M | -17.8M | -164.3M | 185.8M | -63.9M | 1.94B | -34.2M | -88.8M | -15.8M |
Net Change in Cash | 2.4M▲ 0% | 82.7M▲ 3345.8% | 27.3M▼ 67.0% | -22.8M▼ 183.5% | -30.7M▼ 34.6% | -19.5M▲ 36.5% | 2.21B▲ 11411.3% | -2.08B▼ 194.4% | -62.9M▲ 97.0% | -206.6M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 36M | 38.4M | 121.1M | 148.4M | 125.6M | 94.9M | 75.4M | 2.28B | 198.6M | 135.7M |
Cash at End | 38.4M | 121.1M | 148.4M | 125.6M | 94.9M | 75.4M | 2.28B | 198.6M | 135.7M | 97.1M |
Free Cash Flow | -953.6M▲ 0% | -1.28B▼ 34.0% | -219.1M▲ 82.9% | -654.1M▼ 198.5% | -620.1M▲ 5.2% | -793.7M▼ 28.0% | -710.7M▲ 10.5% | -861.5M▼ 21.2% | -1.93B▼ 124.1% | -1.39B▲ 0% |
FCF Growth % | -41.93% | -34.03% | 82.86% | -198.54% | 5.2% | -28% | 10.46% | -21.22% | -124.07% | 0.51% |
FCF Margin % | -19.56% | -24.99% | -4.21% | -13.97% | -12.66% | -13.57% | -12.91% | -15.79% | -29.06% | -20.34% |
FCF / Net Income % | -742.1% | 2525.89% | -57.19% | 3716.48% | -106.02% | -98.71% | -99.5% | -113.3% | -207.68% | -144.25% |
NI Key Ratios
NiSource Inc. (NI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 3.06% | -1% | 6.53% | -0.3% | 8.92% | 10.6% | 7.92% | 7.31% | 8.33% | 8.4% |
EBITDA Margin | 30.6% | 14.16% | 30.87% | 27.27% | 35.83% | 35.66% | 40.03% | 45.8% | 45.21% | 45.33% |
Net Debt / EBITDA | 6.02x | 12.45x | 5.94x | 7.70x | 5.65x | 5.50x | 5.39x | 5.52x | 5.36x | 5.40x |
Interest Coverage | 2.30x | 0.40x | 2.34x | 0.92x | 3.08x | 3.69x | 2.69x | 2.95x | 2.87x | - |
CapEx / Revenue | 34.79% | 35.55% | 34.6% | 37.55% | 37.51% | 37.66% | 48.06% | 48.45% | 64.63% | 51.39% |
Dividend Payout Ratio | 178.29% | - | 77.92% | - | 59.02% | 47.44% | 57.89% | 63.26% | 57.06% | 56.91% |
Debt / Equity | 2.08x | 1.59x | 1.62x | 1.70x | 1.37x | 1.46x | 1.39x | 1.31x | 1.39x | 1.41x |
EPS Growth | -61.76% | -146.15% | 583.33% | -121.84% | 768.42% | 33.86% | -12.94% | 9.46% | 20.37% | 8.36% |
Related:NI Dividend History·NI Revenue History·NI Price History·NI P/E History·NI Financial Ratios·NI Institutional Holders
NI SEC Filings & Documents
NiSource Inc. (NI) SEC filings — annual & quarterly reports (10-K, 10-Q)
NI Frequently Asked Questions
NiSource Inc. (NI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NiSource Inc. (NI) reported $6.82B in revenue for fiscal year 2025. This represents a 275% increase from $1.82B in 1996.
NiSource Inc. (NI) grew revenue by 21.8% over the past year. This is strong growth.
Yes, NiSource Inc. (NI) is profitable, generating $961.8M in net income for fiscal year 2025 (14.0% net margin).
Dividend & Returns
Yes, NiSource Inc. (NI) pays a dividend with a yield of 2.37%. This makes it attractive for income-focused investors.
NiSource Inc. (NI) has a return on equity (ROE) of 8.3%. This is below average, suggesting room for improvement.
NiSource Inc. (NI) had negative free cash flow of $1.39B in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
NiSource Inc. (NI) has a dividend payout ratio of 57%. This suggests the dividend is well-covered and sustainable.