NiSource Inc. (NI)
NYSE: NI · Real-Time Price · USD
41.78
-0.83 (-1.95%)
Aug 10, 2026, 4:00 PM EDT - Market closed

NiSource Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
6,8826,6425,4555,5055,8514,900
Revenue Growth
12.25%21.76%-0.91%-5.90%19.41%4.65%
Gross Profit
3,4933,3482,8082,4772,2512,051
Operating Income
1,8601,8351,4561,2961,2661,007
Net Income
908.7929.5739.7661.7749529.8
Earnings Per Share
1.901.951.621.481.701.27
EPS Growth
0.80%20.37%9.46%-12.94%33.86%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22
Columbia Operations
3,4223,3432,7162,7462,964
NIPSCO Operations
3,4693,3092,7522,7722,887
Corporate and Other
620.8600.1581.9504.6477.5
Eliminations From
-630.2-609.7-594.8-516.9-478.4
Revenue (Total)
6,8826,6425,4555,5055,851

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
95.4135.7198.62,28175.494.9
Total Debt
17,40316,21413,96014,12811,3169,802
Net Cash (Debt)
-17,308-16,078-13,762-11,847-11,240-9,707
Net Cash Growth
------
Net Cash Per Share
-36.10-33.88-30.18-26.45-25.39-23.26

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
2,3032,3621,7821,9351,4091,218
Capital Expenditures
-3,389-2,782-2,614-2,646-2,203-1,838
Free Cash Flow
-1,086-420-832.5-710.7-793.7-620.1
Free Cash Flow Growth
------

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
50.76%50.40%51.47%45.00%38.47%41.87%
Operating Margin
27.03%27.63%26.68%23.53%21.64%20.55%
Pretax Margin
16.69%18.31%18.38%14.78%16.35%14.42%
Profit Margin
14.22%15.24%15.48%12.25%13.53%12.02%
FCF Margin
-15.78%-6.32%-15.26%-12.91%-13.57%-12.66%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.2001.1401.0751.0150.9550.895
Dividend Per Share Growth
6.79%6.05%5.91%6.28%6.70%5.29%
Dividend Yield
2.87%2.69%2.88%3.74%3.42%3.18%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.1721.4222.6917.9416.1321.74
Forward PE
19.2221.0620.0315.3318.0819.52
PS Ratio
2.913.013.172.161.932.28