greeksoup/ stocks
Stocks / United States / NI · Electric & Other Services Combined · NYSE

Nisource Inc. (NI)

Compare with another name

Nisource Inc. (NI) reported revenue of $1.3 billion for Q2 FY2026, the quarter ended 30 June 2026, up 3.4% on the same quarter a year earlier. Net income was $46 million, down 55.5% on the year, and diluted earnings per share $0.09. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$1.3 billionup 3.4%
Net income$46 milliondown 55.5%
Diluted EPS$0.09
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE9.5%
ROCE7.4%
Operating margin27.6%
Net margin13.4%
FCF margin-16.1%
Interest cover2.45
Debt to equity1.63
Cash conversion2.54
Share count, 1 year1.9%
Sales CAGR, 3 years4.4%
Profit CAGR, 3 years4.9%
EPS, TTM$1.88

At the close of 21 September 2026

Price$40.52
Market cap$19.4 billion
Stock P/E21.55
Price to book2.03
EV / EBITDA11.16
Dividend yield2.8%
Market cap / sales2.88
52-week high$49.08
52-week low$40.52
Price, 1 year0.5%
Price CAGR, 3 years14.9%
Price CAGR, 5 years10.9%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure Nisource Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on NI

Filings20 in twelve months: 10 current reports (8-K), about 4 other events; 4 results of operations; 2 material agreement; 1 shareholder vote; 1 new financial obligation
Planned insider sales8 Form 144 notices in twelve months, $4.9 million; latest 14 August 2026
Options tapeput/call 0.45 by open interest on 23 September 2026; the straddle prices a 4.8% move to 16 October 2026
Holders8 of the followed funds hold it; largest Geode Capital Management; 5 Schedule 13D or 13G filings in twelve months
Insider trading8 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest14.7 million shares short, 2.79 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,0271,3821,7061,0851,0761,5402,1501,2461,2401,8872,3221,290
Operating income233363583237218417759263298516819228
Operating margin23%26%34%22%20%27%35%21%24%27%35%18%
Interest expense129141116129135137133139180187192199
Net income85.123736585.885.722447510294.725850745.5
Net margin8%17%21%8%8%15%22%8%8%14%22%4%
Diluted EPS$0.17$0.51$0.77$0.19$0.19$0.47$1.00$0.22$0.20$0.53$1.06$0.09
Operating cash flow345399456446340540686495468713442680
Capital expenditure7247605906306357606376586408468051,097
Free cash flow-379-361-133-184-295-22049.1-163-173-134-363-417
Dividends paid104103119119119124132132132134149144
Shares outstanding413m447m448m448m467m470m471m471m477m478m479m479m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue5,2724,6524,4924,8754,9915,0534,4734,7315,7395,3485,2836,5236,739
Cost of revenue2,3731,6441,3901,5191,7611,535n/an/an/an/an/an/an/a
Gross profit2,9004,6524,4924,8755,1145,209n/an/an/an/an/an/an/a
Gross margin55.0%100.0%100.0%100.0%102.5%103.1%n/an/an/an/an/an/an/a
Operating income7898008669211258915511,0071,2661,2961,4561,8351,860
Operating margin15.0%17.2%19.3%18.9%2.5%17.6%12.3%21.3%22.1%24.2%27.6%28.1%27.6%
Interest expense380380350353353379371341362490517639758
Income tax167141182314-180124-17.1118165140158204170
Net income530286332128-50.6383-17.6585804714760930905
Net margin10.1%6.2%7.4%2.6%-1.0%7.6%-0.4%12.4%14.0%13.4%14.4%14.3%13.4%
Diluted EPS$1.67$0.90$1.02$0.39-$0.18$0.87-$0.19$1.27$1.70$1.48$1.62$1.95$1.88
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed. FY2024: the four quarters as first filed in the 10-Qs do not add to the year as filed in the 10-K, because the company later restated them (a spin-off or discontinued operations).

Cash flow and capital returned

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow1,3201,4578037425401,5831,1041,2181,4091,9351,7822,3622,303
Capital expenditure1,2821,3611,4751,6961,8181,8021,7581,8382,2032,6462,6142,7823,389
Free cash flow37.196.1-672-954-1,278-219-654-620-794-711-832-420-1,086
Free cash flow margin0.7%2.1%-15.0%-19.6%-25.6%-4.3%-14.6%-13.1%-13.8%-13.3%-15.8%-6.4%-16.1%
Depreciation and amortisation4875245475706007177267488219081,0431,1681,273
Share-based compensation66.050.746.540.128.625.917.424.324.933.543.650.9n/a
Buybacks10.220.49.47.24.00.00.0n/an/an/an/an/an/a
Dividends paid321263206229273298322345382414481530560
Dividend per share$1.02$0.83$0.64$0.70$0.78$0.80$0.84$0.88$0.94$1.00$1.06$1.12n/a
Diluted shares, weighted317m320m324m331m356m376m384m417m443m448m456m474m481m
Shares outstanding at period end316m319m323m337m372m382m392m405m412m447m470m478m479m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015 FY2016 FY2017 FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets24,59017,49218,69219,96221,80422,66022,04024,15726,73731,07731,78835,85937,544
Cash and equivalents24.915.526.429.011313911684.240.82,24515711070.0
Receivables9216608478991,0588577918261,0428629641,198846
Goodwill1,6911,6911,6911,6911,6911,4861,4861,4861,4861,4861,4861,4861,486
Long-term debt8,4726,428n/an/an/an/an/an/an/an/an/an/an/a
Long-term debt including finance leases8,1565,9486,0587,5127,1057,8569,2209,1839,52411,05612,07415,45815,613
Borrowings, as the company tags them8,4226,3826,4217,7967,1557,8709,2439,2429,55411,07913,35615,47816,711
Operating lease liabilitiesn/an/an/an/an/a51.629.927.931.925.818.217.2n/a
Finance lease liabilitiesn/an/an/an/an/a188172158145182223254n/a
Shareholders' equity6,1753,8444,0714,3205,7515,9875,7526,9477,5758,2708,6849,4509,575
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded3.4%7.8%4.4%12.1%
Profit growth, compounded12.5%n/a4.9%2.1%
Return on equity, average6.3%9.3%9.1%9.8%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Electric & Other Services Combined

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Duke Energy Corp. DUK$90.8 billion17.909.4%27.7%5.8%1.483.6%
Exelon Corp. EXC$42.9 billion15.349.5%21.0%4.6%1.633.8%
Consolidated Edison Inc. ED$38.3 billion17.518.4%17.4%9.1%1.073.2%
Xcel Energy Inc. XEL$37.0 billion28.749.8%17.2%1.4%1.342.2%
Public Service Enterprise Group Inc. PEG$34.5 billion17.2411.6%23.1%12.7%1.363.6%
WEC Energy Group, Inc. WEC$33.7 billion20.0111.6%22.8%8.9%1.323.4%
Pg&E Corp. PCG$28.5 billion9.389.0%20.0%5.7%1.82n/a
Ameren Corp. AEE$28.2 billion17.9311.4%24.9%3.8%1.392.8%
CMS Energy Corp. CMS$20.3 billion19.4310.5%18.9%9.9%1.863.4%
Nisource Inc. NI$19.4 billion21.559.5%27.6%12.1%1.632.8%
Evergy, Inc. EVRG$18.3 billion21.088.7%25.9%2.4%1.293.4%
Alliant Energy Corp. LNT$16.8 billion20.4311.1%23.0%8.3%1.483.1%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202511 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202412 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install