NISOURCE INC. NI

Latest FY: 2025 Utilities Utilities - Regulated Gas
Market Price $41.66
Market Cap $19.97B
P/E Ratio 21.36
Quick Peer Compare (Utilities):
Revenue (FY 2025) ↑23.5% YoY
$6.52B
3-Yr CAGR: 4.4%
Net Income ↑22.2% YoY
$929.50M
Net Margin: 14.3%
Free Cash Flow ↑49.5% YoY
-$420.00M
FCF Yield: -2.10%
EPS (Diluted) ↑20.4% YoY
$1.95
Basic: $1.96
Return on Equity Efficiency
9.8%
ROA: 2.6%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (NI)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $4,492.5M $3,102.3M $331.5M $1.02 $0.64 2.89% $803.3M $-671.9M
FY 2017 $4,874.6M +8.5% $3,355.9M $128.5M -61.2% $0.39 -61.8% $0.70 2.73% $742.2M $-953.6M -41.9%
FY 2018 $4,991.1M +2.4% $3,229.8M $-50.6M -139.4% $-0.18 -146.2% $0.78 3.08% $540.1M $-1,278.1M -34.0%
FY 2019 $5,053.4M +1.2% $3,518.6M $0.87 +583.3% $0.80 2.87% $1,583.3M $-219.1M +82.9%
FY 2020 $4,473.2M -11.5% $3,363.9M $-17.6M $-0.19 -121.8% $0.84 3.66% $1,104.0M $-654.1M -198.5%
FY 2021 $4,731.3M +5.8% $3,339.0M $584.9M +3,423.3% $1.27 +768.4% $0.88 3.19% $1,217.9M $-620.1M +5.2%
FY 2022 $5,738.6M +21.3% $3,628.1M $804.1M +37.5% $1.70 +33.9% $0.94 3.43% $1,409.4M $-793.7M -28.0%
FY 2023 $5,347.8M -6.8% $3,814.5M $714.3M -11.2% $1.48 -12.9% $1.00 3.77% $1,935.1M $-710.7M +10.5%
FY 2024 $5,282.9M -1.2% $4,150.7M $760.4M +6.5% $1.62 +9.5% $1.06 2.88% $1,781.5M $-832.5M -17.1%
FY 2025 $6,522.8M +23.5% $4,938.4M $929.5M +22.2% $1.95 +20.4% $1.12 2.68% $2,362.3M $-420.0M +49.5%
$

Valuation

Market Price $41.66
Market Cap $19.97B
Enterprise Value $19.88B
P/E Ratio 21.36
P/B Ratio 2.11
FCF Yield -2.10%
Dividend Yield 2.69%
Shares Outstanding 479,439,245
%

Profitability & Margins

Gross Margin 75.71%
Operating Margin 28.14%
Net Margin 14.25%
Return on Equity (ROE) 9.84%
Return on Assets (ROA) 2.59%
Asset Turnover 0.18x
Revenue 3-Yr CAGR 4.36%
🛡️

Financial Health & Liquidity

Current Ratio 0.69
Cash Ratio 0.03
Debt / Equity 0.002
Debt / Assets 0.001
Cash & Equivalents $110.10M
Total Debt $19.70M
Book Value / Share $19.71
💧

Cash Flow Efficiency

Operating Cash Flow $2.36B
Capital Expenditures (CapEx) $2.78B
Free Cash Flow -$420.00M
OCF / Revenue 36.22%
FCF / Revenue -6.44%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $1.95
EPS (Basic) $1.96
Dividends / Share $1.12
Book Value / Share $19.71
EPS YoY Growth 20.37%
🏛️

Balance Sheet (FY 2025)

Total Assets $35.86B
Total Liabilities $26.41B
Stockholders' Equity $9.45B
Current Assets $2.38B
Current Liabilities $3.46B