GeminIQ Website Logo

Viewing NI free

Start free trial

Subscribe for full history, 90+ metrics, screener, watchlist...

NISOURCE INC.

NI

Subscribe to unlock 17+ years of data

Start free trial

Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only column

Financial statements beyond 3 years are for subscribers only.

Unlock 17+ years of income statements, balance sheets, and cash flow statements

Start 7-day free trial
Subscriber-only column
Us Gaap_ Variable Interest Entity Primary Benefici…
--305---------
Variable Interest Entity Primary Beneficiary Membe…
-199----------
Assets
Public Utilities Property…
Public Utilities Property Plant And Equipment Plan…
40,30139,04438,05937,20236,44835,31334,15333,45432,03131,30130,48229,816
Public Utilities Property Plant And Equipment Accu…
-9,780-9,617-9,371-9,202-8,997-8,823-8,699-8,572-8,419-8,355-8,207-8,104
Public Utilities Property Plant And Equipment Net
30,52129,42728,68828,00027,45226,49025,45424,88123,61322,94622,27521,712
Common Stock Par Or Stated Value Per Share
--0.01---0.01---0.010.01
Regulated Entity Other As…
Investments In Affiliates Subsidiaries Associates …
888887775555
Available For Sale Securities Debt Securities Nonc…
1631571461591458187138146150159162
Other Long Term Investments
12211611911610785868985878376
Investments And Other Noncurrent Assets
293281273283260173179233236242247244
Assets Current
Cash And Cash Equivalents At Carrying Value
7072110953352591571261011022,24556
Restricted Cash And Cash Equivalents
252526253044423335383651
Accounts Receivable Gross Current
8871,2811,2387208061,135988590650877885585
Allowance For Doubtful Accounts Receivable Current
-40-46-41-19-27-30-24-18-26-32-23-16
Accounts Receivable Net Current
8471,2351,1987017791,106964572624846862570
Energy Related Inventory Natural Gas In Storage
174882522681484318018913370266298
Inventory Raw Materials And Supplies
212194189183188183173167181187172184
Energy Related Inventory Coal
22219243236363559666560
Regulatory Assets Current
400381274327287268320330278260214218
Income Tax Receivable
812----------
Other Assets Current
1581031052623382414213816113163
Assets Current
2,1992,4092,3771,8481,9992,1852,0801,6161,9442,0604,4991,815
Assets Noncurrent
Regulatory Assets Noncurrent
2,3612,3022,2252,1332,1782,1622,1572,2082,2222,2322,2462,278
Goodwill
1,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,4861,486
Other Assets Noncurrent
4,5304,4834,5214,2724,3194,2584,0754,0974,1054,0904,0564,057
Assets
37,54436,60135,85934,40334,02933,10531,78830,82829,89829,33831,07727,828
Liabilities And Stockhold…
Capitalization Longterm D…
Stockholders Equity
Common Stock Value
555555555554
Treasury Stock Value
-100-100-100-100-100-100-100-100-100-100-100-100
Preferred Stock Value Outstanding
------00004861,153
Additional Paid In Capital Common Stock
9,8759,8599,8679,7989,5389,5239,5229,4058,8948,8878,8807,393
Retained Earnings Accumulated Deficit
-196-97-315-572-532-501-712-935-896-862-967-1,201
Accumulated Other Comprehensive Income Loss Net Of…
-10-9-6-13-28-29-30-30-34-34-34-37
Stockholders Equity
9,57511,9289,4509,1188,88310,9468,68410,3297,8697,89610,1367,212
Minority Interest
2,3202,2692,2102,1242,1142,0491,9841,9841,9511,8991,867557
Long Term Debt And Capital Lease Obligations
15,61315,45915,45814,47214,47412,83312,07512,08612,81011,72511,05611,011
Capitalization Longterm Debt And Equity
27,50727,38627,11825,71425,47123,77922,74322,41522,62921,52021,19218,781
Liabilities Current
Long Term Debt And Capital Lease Obligations Curre…
1,0981720311,2821,2811,2811,27123242427
Short Term Borrowings
6921,2917361,26007716052576441,2223,0492,220
Accounts Payable Current
1,1369991,125712684726863615584613749648
Contract With Customer Liability Current
164148283274160143269262188190294287
Taxes Payable Current
246241229179172216173135164170166176
Interest Payable Current
241219206198178142157147146149136150
Asset Retirement Obligation Current
--55---85---73-
Regulatory Liability Current
188204260192195234151152193238279320
Asset Retirement Obligation
4850-665851-757078-57
Employee Related Liabilities Current
191154247218161142268239174136228183
Other Liabilities Current
185200172166306343170152167171217171
Liabilities Current
4,4153,7273,4573,5333,4124,2424,1133,4862,5083,1255,2654,395
Liabilities Noncurrent
Deferred Income Tax Liabilities Net
2,6242,5882,5002,4052,3872,3542,2822,2072,1982,1602,0802,011
Pension And Other Postretirement And Postemploymen…
140158153174201204208238242245250236
Regulatory Liability Noncurrent
1,5861,5791,5131,4871,4591,4621,4311,4381,4571,4821,5111,644
Asset Retirement Obligations Noncurrent
812793782751755728699733556510481470
Other Liabilities Noncurrent
382290335337344337313312308298299292
Liabilities Noncurrent
5,6225,4885,2845,1565,1465,0844,9324,9284,7604,6944,6204,652
Liabilities And Stockholders Equity
37,54436,60135,85934,40334,02933,10531,78830,82829,89829,33831,07727,828
Rosewater
--0---0---0-
Consolidated Variable Interest Entities
--1,313---1,324---1,370-
Common Stock Shares Authorized
750750750750750750750750750750750600
Common Stock No Par Value
00-000-000--
Prepaid Expense Current
246209149157144138139---106-
Accrued Insurance Noncurrent
7980----------
Joint Ventures
-1,506--11-111,307--12-111,358--11
Available For Sale Debt Securities Amortized Cost …
1651581461601488692144156160169178
Debt Securities Available For Sale Allowance For C…
--0000-0000-11
Shares Outstanding
479479478477479479470477471448447413
Preferred Stock Par Or Stated Value Per Share
------0.010.010.010.010.010.01
Preferred Stock Shares Authorized
------202020202020
Preferred Stock Shares Outstanding
------000001
Finance Lease Liability Payments Due
--498---429-----

Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables

Start free trial

Custom Table

0/5
Search a metric to start building a table

Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals

Start free trial

Interactive Financial Visualizations

0/1
Search a metric to start building a visual

Subscribe to unlock 17+ years of data

Start free trial

Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-2.72%3.30%-1.75%---------
2025-2.32%-1.26%4.20%1.03%1.74%4.28%1.43%-2.86%4.15%4.03%6.34%8.33%
20241.18%0.31%9.09%6.30%10.55%11.96%8.16%3.74%9.31%-0.77%-4.07%2.01%
2023------2.76%3.35%0.79%0.95%3.12%10.30%

Earnings Market Reaction data beyond 3 years is for subscribers only.

Unlock the full earnings market reaction history

Start 7-day free trial

Subscribe to unlock 17+ years of data and 90+ calculated metrics

Start free trial

Performance and Valuation Metrics

Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.

Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only column

Metric history beyond 3 years is for subscribers only.

Unlock 17+ years of history across 90+ calculated metrics

Start 7-day free trial
Subscriber-only column
Liquidity Ratios
Current Ratio
0.50
0.65
0.69
0.52
0.59
0.52
0.51
0.46
0.78
0.66
0.85
0.41
Quick Ratio
0.44
0.59
0.64
0.48
0.54
0.48
0.47
0.46
0.78
0.66
0.83
0.41
Working Capital
-2.22B
-1.32B
-1.08B
-1.69B
-1.41B
-2.06B
-2.03B
-1.87B
-564.20M
-1.06B
-765.70M
-2.58B
Leverage & Debt
Debt to Equity
1.05
0.77
0.75
0.95
0.96
0.85
0.85
0.81
0.92
0.99
0.98
1.25
Interest Coverage TTM
2.45
2.72
2.87
2.95
3.05
3.06
2.81
2.69
2.75
2.71
2.65
2.88
Debt Ratio
0.27
0.25
0.24
0.25
0.25
0.28
0.28
0.27
0.24
0.27
0.32
0.33
Efficiency & Turnover
Asset Turnover TTM
0.19
0.19
0.19
0.19
0.19
0.19
0.17
0.17
0.18
0.18
0.19
0.21
Days Sales Outstanding TTM
44.01
63.80
60.48
37.62
42.79
61.51
63.09
40.65
44.09
63.35
64.97
37.35
Receivables Turnover TTM
8.29
5.72
6.03
9.70
8.53
5.93
5.79
8.98
8.28
5.76
5.62
9.77
Per Share Metrics
Diluted EPS TTM
1.77
1.89
1.96
2.00
1.99
1.95
1.62
1.63
1.63
1.53
1.48
1.39
Free Cash Flow Per Share TTM
-2.26
-1.74
-0.89
-1.07
-1.33
-1.38
-1.83
-2.15
-2.36
-2.17
-1.71
-1.59
Dividend Per Share TTM
1.17
1.14
1.12
1.10
1.08
1.05
1.06
1.02
0.99
0.96
0.99
0.98
Margin Metrics
Gross Profit Margin TTM
77.18%
76.01%
75.71%
76.04%
75.73%
76.60%
78.57%
78.72%
78.24%
76.58%
71.33%
66.59%
Operating Profit Margin TTM
27.61%
28.30%
28.14%
28.12%
27.71%
28.18%
27.55%
27.34%
27.87%
26.46%
24.22%
22.98%
Net Profit Margin TTM
12.66%
13.59%
14.25%
15.34%
15.69%
15.93%
14.00%
14.47%
14.42%
13.48%
12.37%
11.03%
Growth Metrics
Net Revenue Growth (1Y)
12.65%
15.65%
23.47%
20.50%
17.71%
13.64%
-1.21%
-9.28%
-10.93%
-12.08%
-6.81%
4.45%
Net Income Growth (1Y)
-9.09%
-1.32%
25.66%
27.80%
28.09%
34.26%
11.79%
18.95%
20.15%
7.83%
-11.66%
-19.37%
EPS Growth (1Y)
-10.74%
-3.09%
20.69%
22.33%
21.97%
27.84%
2.41%
8.84%
10.72%
-0.62%
-13.57%
-20.73%
Valuation Metrics
P/E TTM
26.56
24.25
20.83
21.01
19.59
19.65
21.52
19.99
16.55
16.76
15.36
14.91
P/B TTM
2.37
1.85
1.66
2.18
2.07
1.66
1.49
1.43
1.54
1.46
1.00
1.29
P/S TTM
3.36
3.30
2.97
3.22
3.07
3.13
3.01
2.89
2.39
2.26
1.90
1.65
Market Cap
22.66B
22.06B
19.36B
19.91B
18.38B
18.12B
15.92B
14.82B
12.12B
11.51B
10.16B
9.30B
Enterprise Value
39.97B
38.73B
35.44B
35.55B
33.80B
32.70B
29.68B
28.27B
25.50B
24.38B
22.01B
22.50B
Calculated Values
Free Cash Flow TTM
-1.09B
-832.00M
-420.00M
-506.50M
-628.60M
-650.10M
-832.50M
-973.30M
-1.06B
-970.30M
-710.70M
-656.60M
Net Debt
17.31B
16.67B
16.08B
15.64B
15.42B
14.58B
13.76B
13.46B
13.38B
12.87B
11.85B
13.20B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

Subscribe to unlock 17+ years of data

Start free trial

Insider Transactions

2026-05-22Sale
Owner: Berman, Melanie B.
Title: EVP Administration & CHRO
Shares: 15,000
Price/Share: $47.68
Value: $715,200.00
Shares Owned: 35,990
Relationship: Officer
Ownership: Direct
2026-05-21Sale
Owner: Yates, Lloyd M
Title: Director and President & CEO
Shares: 19,905
Price/Share: $47.73
Value: $950,065.65
Shares Owned: 519,557
Relationship: Director,Officer
Ownership: Direct
2026-05-20Sale
Owner: Birmingham, Melody
Title: EVP & Grp President, Utilities
Shares: 2,500
Price/Share: $47.43
Value: $118,575.00
Shares Owned: 116,036
Relationship: Officer
Ownership: Direct
2026-02-18Sale
Owner: Gode, Gunnar
Title: SVP Chief Accting&Tax Officer
Shares: 2,175
Price/Share: $46.00
Value: $100,050.00
Shares Owned: 29,257
Relationship: Officer
Ownership: Direct
2026-02-13Sale
Owner: Anderson, Shawn
Title: EVP & CFO
Shares: 12,500
Price/Share: $45.01
Value: $562,625.00
Shares Owned: 136,302
Relationship: Officer
Ownership: Direct

Subscribe to unlock 17+ years of data

Start free trial

Institutional Ownership

No data available for chart
2026-03-31
79.76%
Inst. Shares: 382,060,764
Shares Outstanding: 479,000,000
2025-12-31
83.75%
Inst. Shares: 396,071,911
Shares Outstanding: 472,900,000
2025-09-30
81.54%
Inst. Shares: 384,960,958
Shares Outstanding: 472,100,000
2025-06-30
86.52%
Inst. Shares: 407,488,934
Shares Outstanding: 471,000,000
2025-03-31
81.86%
Inst. Shares: 385,060,180
Shares Outstanding: 470,400,000

NISOURCE INC. (NI) — SEC Financial Statements & Analysis

NISOURCE INC. (NI) is a electric & other services combined company, incorporated in DE. NISOURCE INC. trades on NYSE as: NI. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), NISOURCE INC. reported a 12.65% year-over-year revenue growth, a Gross Profit Margin of 77.18% (TTM), a Debt-to-Equity ratio of 1.05x, a Price-to-Sales (P/S) ratio of 3.36x (TTM), a Price-to-Book (P/B) ratio of 2.37x (TTM), at a market cap of $22.66B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
12.65%
Gross Profit Margin TTM
77.18%
Debt To Equity
1.05x
P/S TTM
3.36x
P/B TTM
2.37x
Market Cap
$22.66B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NISOURCE INC. in?

NISOURCE INC. (NI) operates in the Electric & Other Services Combined industry.

What is NI's market cap?

NISOURCE INC. (NI) has a market capitalization of $22.66B as of 2026-06-30.

What is NI's P/E ratio?

NISOURCE INC. (NI)'s trailing twelve month P/E ratio is 26.56x as of 2026-06-30.

What exchange does NI trade on?

NISOURCE INC. (NI) trades on the NYSE.

Where is NISOURCE INC. incorporated?

NISOURCE INC. is incorporated in DE.

Companies in Electric & Other Services Combined

DUKDuke Energy CORPXELXCEL ENERGY INCEXCEXELON CORPEDCONSOLIDATED EDISON INCPEGPUBLIC SERVICE ENTERPRISE GROUP INCWECWEC ENERGY GROUP, INC.

Wall Street's data.
Main Street's price.

Start 7-day free trial