nisource inc. - NI

NI

Close Chg Chg %
45.45 0.51 1.11%

Closed Market

45.95

+0.51 (1.11%)

Volume: 4.29M

Last Updated:

Mar 27, 2026, 3:59 PM EDT

Company Overview: nisource inc. - NI

NI Key Data

Open

$45.54

Day Range

45.15 - 46.41

52 Week Range

35.64 - 47.96

Market Cap

$21.74B

Shares Outstanding

478.53M

Public Float

477.11M

Beta

0.64

Rev. Per Employee

N/A

P/E Ratio

23.26

EPS

$1.96

Yield

250.88%

Dividend

$0.30

EX-DIVIDEND DATE

Apr 30, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

3.49M

 

NI Performance

1 Week
 
2.11%
 
1 Month
 
-2.81%
 
3 Months
 
10.19%
 
1 Year
 
15.16%
 
5 Years
 
93.15%
 

NI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
Full Ratings ➔

About nisource inc. - NI

NiSource, Inc. is a holding company, which engages in the provision of energy solutions. It operates through the Columbia Operations and NIPSCO Operations segments. The Columbia Operations segment aggregates the results of the fully regulated and wholly owned subsidiaries of NiSource Gas Distribution Group, Inc. The NIPSCO Operations segment includes the results of NIPSCO Holdings I and its majority-owned subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The company was founded in 1987 and is headquartered in Merrillville, IN.

NI At a Glance

NiSource, Inc.
801 East 86th Avenue
Merrillville, Indiana 46410
Phone 1-614-460-6000 Revenue 6.64B
Industry Gas Distributors Net Income 926.90M
Sector Utilities 2025 Sales Growth 21.761%
Fiscal Year-end 12 / 2026 Employees 7,738
View SEC Filings

NI Valuation

P/E Current 23.262
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 21.378
Price to Sales Ratio 2.983
Price to Book Ratio 2.114
Price to Cash Flow Ratio 8.39
Enterprise Value to EBITDA 12.695
Enterprise Value to Sales 5.741
Total Debt to Enterprise Value 0.426

NI Efficiency

Revenue/Employee 858,387.18
Income Per Employee 119,785.474
Receivables Turnover 5.257
Total Asset Turnover 0.192

NI Liquidity

Current Ratio 0.688
Quick Ratio 0.558
Cash Ratio 0.039

NI Profitability

Gross Margin 58.568
Operating Margin 27.64
Pretax Margin 18.313
Net Margin 13.955
Return on Assets 2.686
Return on Equity 10.223
Return on Total Capital 3.608
Return on Invested Capital 4.056

NI Capital Structure

Total Debt to Total Equity 171.854
Total Debt to Total Capital 63.216
Total Debt to Total Assets 44.431
Long-Term Debt to Equity 163.755
Long-Term Debt to Total Capital 60.236
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Nisource Inc. - NI

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
5.85B 5.51B 5.46B 6.64B
Sales Growth
+19.41% -5.90% -0.91% +21.76%
Cost of Goods Sold (COGS) incl D&A
2.93B 2.44B 2.18B 2.75B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
820.80M 908.20M 1.04B 1.17B
Depreciation
820.80M 818.10M 940.30M 1.06B
Amortization of Intangibles
- 90.10M 102.90M 103.00M
COGS Growth
+36.93% -16.71% -10.90% +26.51%
Gross Income
2.92B 3.06B 3.28B 3.89B
Gross Income Growth
+5.81% +4.95% +7.04% +18.61%
Gross Profit Margin
+49.90% +55.65% +60.12% +58.57%
2022 2023 2024 2025 5-year trend
SG&A Expense
1.49B 1.49B 1.52B 1.71B
Research & Development
- - - -
-
Other SG&A
1.49B 1.49B 1.52B 1.71B
SGA Growth
+2.29% +0.37% +1.36% +12.87%
Other Operating Expense
268.30M 270.60M 300.00M 344.10M
Unusual Expense
- - 6.10M 700.00K
-
EBIT after Unusual Expense
1.16B 1.30B 1.46B 1.84B
Non Operating Income/Expense
156.40M 5.10M 61.60M 20.20M
Non-Operating Interest Income
4.30M 9.00M 10.40M 10.20M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
361.60M 489.60M 517.20M 639.00M
Interest Expense Growth
+6.01% +35.40% +5.64% +23.55%
Gross Interest Expense
368.30M 514.90M 557.30M 676.80M
Interest Capitalized
6.70M 25.30M 40.10M 37.80M
Pretax Income
956.40M 813.90M 1.00B 1.22B
Pretax Income Growth
+35.35% -14.90% +23.21% +21.30%
Pretax Margin
+16.35% +14.78% +18.38% +18.31%
Income Tax
164.60M 139.50M 158.10M 203.80M
Income Tax - Current - Domestic
7.70M 5.30M (9.90M) (32.00M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
158.00M 135.20M 168.80M 236.50M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
1.10M 1.00M 800.00K 700.00K
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- (600.00K) (1.60M) (2.60M)
Consolidated Net Income
791.80M 673.80M 843.10M 1.01B
Minority Interest Expense
(12.30M) (39.90M) 84.30M 83.10M
Net Income
804.10M 713.70M 758.80M 926.90M
Net Income Growth
+37.48% -11.24% +6.32% +22.15%
Net Margin Growth
+13.74% +12.96% +13.91% +13.95%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
804.10M 713.70M 758.80M 926.90M
Preferred Dividends
- 55.10M 52.60M 20.70M
Net Income Available to Common
749.00M 661.10M 738.10M 926.90M
EPS (Basic)
1.8398 1.5888 1.6251 1.96
EPS (Basic) Growth
+36.69% -13.64% +2.28% +20.61%
Basic Shares Outstanding
407.10M 416.10M 454.20M 472.90M
EPS (Diluted)
1.6919 1.4791 1.6186 1.9534
EPS (Diluted) Growth
+33.26% -12.58% +9.43% +20.68%
Diluted Shares Outstanding
442.70M 447.90M 456.00M 474.50M
EBITDA
1.98B 2.21B 2.51B 3.00B
EBITDA Growth
+12.44% +11.31% +13.65% +19.77%
EBITDA Margin
+33.88% +40.08% +45.97% +45.22%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 49.364
Number of Ratings 15 Current Quarters Estimate 1.042
FY Report Date 03 / 2026 Current Year's Estimate 2.051
Last Quarter’s Earnings 0.51 Median PE on CY Estimate N/A
Year Ago Earnings 1.90 Next Fiscal Year Estimate 2.216
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 11 10
Mean Estimate 1.04 0.24 2.05 2.22
High Estimates 1.10 0.26 2.07 2.25
Low Estimate 1.00 0.23 2.04 2.20
Coefficient of Variance 3.51 5.15 0.52 0.71

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 9 10
OVERWEIGHT 2 2 3
HOLD 3 3 4
UNDERWEIGHT 2 2 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Nisource Inc. - NI

Date Name Shares Transaction Value
Feb 20, 2026 Gunnar J. Gode SVP Chief Accting&Tax Officer 29,257 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $46 per share 1,345,822.00
May 20, 2025 Lloyd M. Yates Director and President & CEO; Director 351,748 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.93 per share 13,693,549.64
Apr 1, 2025 Michael Luhrs EVP, Tech, Customer & CCO 87,552 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.75 per share 3,480,192.00

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