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StockVS

NYSE · Utilities - Regulated Gas · USD

NiSource Inc. (NI) Stock Analysis

NiSource Inc. (NI) is a Utilities - Regulated Gas stock listed on NYSE and quoted in US Dollar.

NI

$41.39

−$0.27 (−0.65%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NI Key Statistics

As of Sep 4, 2026
Trading
Open
$41.38
Previous Close
$41.66
Day's Range
41.16–41.64
52-Week Range
39.30–49.21
Volume
4.67M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.54
Valuation
Market Cap
$19.85B
P/E Ratio
22.13
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
18.37
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.14
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.88
EPS (ttm)Profit attributable to each share over the last twelve months.
1.87
Financials (FY)
Revenue (FY)
$6.64B+21.76%
Net Income (FY)
$929.50M+22.24%
Profit marginThe share of revenue left as profit after all costs and taxes.
13.15%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
479.56M
1-Year Return
+6.70%
Dividend and dates
Dividend
$1.20+2.88%
Ex-Dividend Date
October 30, 2026
Earnings Date
October 28, 2026estimated
Avg Volume
5.20M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NI Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+1.09%
2025+16.82%
2024+43.48%
2023+0.48%
2022+2.67%
2021+24.75%
2020−14.87%
2019+13.03%
2018+1.92%
2017+19.28%
2016 (partial year)−10.11%

As of September 4, 2026.

NI Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$6.64B$929.50M14.0%
2024$5.46B$760.40M13.9%
2023$5.51B$714.30M13.0%
2022$5.85B$804.10M13.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$6.64B$3.35B$1.83B$929.50M14.0%
2024$5.46B$2.81B$1.46B$760.40M13.9%
2023$5.51B$2.48B$1.30B$714.30M13.0%
2022$5.85B$2.25B$1.16B$804.10M13.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NI Dividend History

$1.12+5.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.903—
2025$1.124+5.7%
2024$1.064+6.0%
2023$1.004+6.4%
YearDividends per sharePaymentsChange
2026 (partial year)$0.903—
2025$1.124+5.7%
2024$1.064+6.0%
2023$1.004+6.4%
2022$0.944+6.8%
2021$0.884+4.8%
2020$0.844+5.0%
2019$0.804+2.6%
2018$0.784+11.4%
2017$0.704+324.2%
2016$0.171—

Most recent payment: $0.30 per share, ex-dividend July 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NI Valuation vs Utilities - Regulated Gas Median

Median of 17 stocks
MetricNIUtilities - Regulated Gas medianvs median
P/E22.1318.4120% above
P/S ratio2.882.1733% above
Profit margin13.15%13.01%0.1 pts above

Medians across 17 Utilities - Regulated Gas stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

NiSource Inc. (NI) carries a market capitalisation of $19.85B. The company sits in the Utilities sector, in the Utilities - Regulated Gas industry. Headcount on file is 7,668.

NI last closed at $41.39 on September 4, 2026. That is −$0.27 (−0.65%) against the previous close. Over the past 52 weeks the price has ranged from $39.30 to $49.21. The latest close sits 5.32% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $6.64B. Against the prior fiscal year total of $5.46B, that is a change of +21.76%. The same year closed with net income of $929.50M. That is +22.24% against the prior fiscal year. Profit margin runs at 13.15%. That is 0.1 percentage points above the Utilities - Regulated Gas median of 13.01%. Trailing earnings per share are 1.87.

Across the 4 fiscal years on file, revenue moves from $5.85B in 2022 to $6.64B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

NI trades at a trailing price-to-earnings ratio of 22.13. That is 20.24% above the Utilities - Regulated Gas median of 18.41. The forward P/E on file is 18.37. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.14. Measured against sales, the shares trade at 2.88 times revenue. On price-to-sales that is 32.84% above the Utilities - Regulated Gas median of 2.17. 17 Utilities - Regulated Gas companies report these metrics, and the medians quoted come from that group.

The trailing one-year price return is +6.70%. Measured over 10 years, that is +8.96% a year compounded. The reported beta is 0.54. Daily returns over the trailing 10 years annualize to a volatility of 23.24%.

Growth & Income

Shareholders receive a dividend, yielding 2.88% on the latest price. That is 0.8 percentage points below the Utilities - Regulated Gas median yield of 3.69%. The indicated annual rate is $1.20 a share. The ex-dividend date on file is October 30, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.90 a share. The year before, 2025, totalled $1.12 a share.

So far in 2026 the price is +1.09%. Across the complete calendar years on file, 2024 returned +43.48% and 2020 returned −14.87%. Of the 9 complete calendar years on file, 8 finished higher.

Peer Comparison

NiSource Inc. (NI) operates in the Utilities - Regulated Gas industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
NiSource Inc. NI $19.85B 22.1
Atmos Energy Corporation ATO $28.32B 20.2
UGI Corporation UGI $8.14B 12.6
Southwest Gas Holdings, Inc. SWX $6.38B 22.8

The Utilities - Regulated Gas industry average P/E ratio is 18.4x. NiSource Inc. trades at a P/E of 22.1.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About NiSource Inc.

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. 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.

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