Utilities
NiSource Inc.(NI)
Live Price
Offline$47.63
+0.78% today
1Y Change
+19.88%
Window
Jun 25, 2025 โ Jun 22, 2026
- Market Cap
- $23.01B
- Revenue Growth
- +21.8%
- EPS Growth
- +20.2%
- Dividend Yield
- 2.4%
Coverage: 248 bars ยท Jun 25, 2025 โ Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
NiSource Inc. (NI) is a Utilities stock with a market cap of $23.01B and listed on NYSE. The stock last traded around $47.63 and up 19.9% across the available one-year price window (Jun 25, 2025 โ Jun 22, 2026). Baseline metrics include revenue growth of +21.8%, EPS growth of +20.2%, a dividend yield of 2.4%. What stands out right now is revenue +21.8%, EPS +20.2%, free cash flow +51.2% with operating margin 27.6% and ROIC 4.5%. The dividend is present but secondary, with a yield around 2.4%. Valuation is more restrained than many high-expectation growth names at P/E 24.5 and price/sales 3.5. Stock Foundry combines NI price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Utilities peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+21.8% vs +6.1% peer median
Operating Margin
Above sector median
+27.6% vs +21.0% peer median
P/E
Above sector median
24.5 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +21.8% and EPS at +20.2%, with operating margin around 27.6%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 2.4%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +0.9% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 6, 2026 | โ | -1.0% | -1.0% | -3.5% |
2026 Feb 11, 2026 | +2.9% | +1.2% | +2.6% | +4.5% |
2025 Oct 29, 2025 | -5.0% | -0.8% | +1.0% | +3.1% |
Benchmark Edge
NI vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
NI
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
NI Max Drawdown
-9.14%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for NI and SPY.
Company Overview
NiSource Inc.
New York Stock Exchange
NiSource 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.
- Leadership
- Lloyd Yates
- IPO Date
- Dec 16, 1962
- Employees
- 7.7k
- Street Address
- 801 East 86th Avenue
- Mailing
- Merrillville, IN, 46410
- Region
- Merrillville, IN, US
- Reporting Currency
- USD
- Investor Line
- 614 460 6000
- Last Updated
- May 2, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 24.5
- EV/EBITDA
- 13.0
- Price/Sales
- 3.5
- Price/Book
- 2.4
Growth
- Revenue
- +21.8%
- EPS
- +20.2%
- Free Cash Flow
- +51.2%
Profitability
- Gross Margin
- 53.0%
- Operating Margin
- 27.6%
- Net Margin
- 14.0%
- ROE
- 10.2%
- ROIC
- 4.5%
Balance Sheet
- Debt/Equity
- 1.72
- Current Ratio
- 0.69
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.