YOLFTbeta
NiSource Inc

NiSource Inc

NI · NYSE · Utilities / Utilities - Regulated Gas

46.05USD+0.24 (+0.52%)

Price History

Full chart

Market Stats

Previous Close45.81
Open46.11
Day Range45.85 – 46.17
52-Week Range38.95 – 48.88
Volume5.30M
Market Cap18.90B
P/E (TTM)21.31
Forward P/E17.36
EPS1.85
Dividend Yield3.04%
Beta0.54
50-Day Avg42.49
200-Day Avg44.91

About

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. 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.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Gas
  • CEOMr. Lloyd M. Yates
  • Employees7.67K
  • Headquarters801 East 86th Avenue, Merrillville, IN, United States, 46410, USA
  • Websitehttps://www.nisource.com

Leadership

  • Mr. Lloyd M. YatesPresident, CEO & Director · b. 1961
  • Mr. Shawn AndersonExecutive VP & CFO · b. 1982
  • Mr. William Jefferson Jr.Executive VP and Chief Operating & Safety Officer · b. 1962
  • Mr. Michael S. LuhrsExecutive VP of Technology & Customer and Chief Commercial Officer · b. 1973
  • Ms. Melody BirminghamExecutive VP & Group President of NiSource Utilities · b. 1972
  • Mr. Gunnar J. GodeSenior VP, Chief Accounting & Tax Officer · b. 1975
  • Ms. Melanie B. BermanExecutive VP of Administration & Chief Human Resources Officer · b. 1971
  • Mr. Durgesh ChopraVice President of Investor Relations
  • Ms. Kimberly S. CucciaExecutive VP, General Counsel & Corporate Secretary · b. 1984
  • Ms. Angela SanchezVice President of Communications

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.63B1.45B1.52B1.56B1.52B1.54B1.58B1.68B1.68B1.72B1.82B2.59B2.93B3.14B6.03B9.46B6.49B6.25B6.67B7.90B7.49B7.94B8.87B6.65B6.42B6.02B5.06B5.66B6.47B4.65B4.49B4.87B5.11B5.21B4.68B4.90B5.85B5.51B5.46B6.64B
Growth (%)--10.73%+5.00%+2.32%-2.47%+0.93%+3.07%+6.04%-0.09%+2.74%+5.77%+41.99%+13.39%+7.22%+91.78%+56.84%-31.36%-3.78%+6.72%+18.49%-5.18%+6.01%+11.77%-25.07%-3.42%-6.27%-15.91%+11.78%+14.38%-28.11%-3.42%+8.51%+4.92%+1.85%-10.12%+4.65%+19.41%-5.90%-0.91%+21.76%
Cost of Revenue--------683.10M685.10M770.80M771.10M1.02B1.65B5.09B7.81B4.72B4.63B5.09B6.39B6.04B6.44B5.63B3.32B4.61B4.01B3.18B3.22B3.74B3.07B2.84B3.12B4.11B2.89B2.70B2.85B3.60B3.03B2.65B3.29B
Gross Profit1.63B1.45B1.52B1.56B1.52B1.54B1.58B1.68B993.30M1.08B1.22B1.82B1.91B1.49B6.03B9.46B6.49B6.25B6.67B7.90B7.49B7.94B3.25B3.33B1.76B1.75B1.85B1.41B1.53B1.58B1.66B1.75B1.00B2.32B1.99B2.05B2.25B2.48B2.81B3.35B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%59.25%62.95%66.81%70.19%65.17%47.49%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%36.59%50.12%27.42%29.00%36.63%24.89%23.68%34.01%36.87%35.99%19.56%44.53%42.43%41.87%38.47%45.00%51.47%50.40%
Operating Expense00000000638.40M706.70M835.60M1.41B1.51B1.06B5.46B8.45B5.37B5.15B5.60B7.06B6.56B7.07B2.33B2.53B869.00M831.00M813.60M709.90M743.10M782.10M790.40M833.00M875.60M1.43B1.44B1.04B984.90M1.18B1.35B1.52B
Operating Income1.63B1.45B1.52B1.56B1.52B1.54B1.58B1.68B354.90M377.50M381.50M405.70M402.70M437.90M567.80M1.01B1.12B1.10B1.07B843.80M927.40M866.70M919.00M801.00M891.80M914.40M1.04B698.10M789.10M799.90M866.10M921.20M124.70M890.70M550.80M1.01B1.27B1.30B1.46B1.83B
Operating Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%21.17%21.92%20.94%15.69%13.73%13.93%9.42%10.67%17.32%17.57%16.06%10.68%12.38%10.92%10.36%12.05%13.89%15.19%20.55%12.34%12.20%17.20%19.28%18.90%2.44%17.10%11.76%20.55%21.64%23.53%26.68%27.58%
EBITDA1.63B1.45B1.52B1.56B1.52B1.54B1.58B1.68B549.20M584.50M615.50M655.50M659.20M732.90M942.00M1.68B1.70B1.61B1.60B1.41B1.48B1.41B1.51B1.37B1.40B1.39B1.59B1.17B1.29B1.25B1.42B1.38B741.60M1.60B1.07B1.80B2.15B2.22B2.57B3.05B
EBITDA Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%32.76%33.94%33.79%25.34%22.48%23.31%15.62%17.77%26.16%25.83%24.02%17.79%19.82%17.72%17.03%20.67%21.80%23.13%31.44%20.65%19.88%26.81%31.70%28.39%14.50%30.78%22.76%36.71%36.74%40.38%47.10%45.86%
Net Income-14.10M65.00M122.90M137.30M125.40M133.40M136.60M156.10M164.00M175.50M176.70M190.80M193.90M160.40M156.90M216.20M372.50M85.70M436.30M306.50M282.20M321.40M79.00M217.70M292.00M299.10M416.10M532.10M530.00M286.50M331.50M128.50M-50.60M383.10M-17.60M584.90M804.10M714.30M760.40M929.50M
Net Income Margin-0.87%4.48%8.06%8.80%8.24%8.69%8.63%9.30%9.78%10.19%9.70%7.38%6.61%5.10%2.60%2.29%5.74%1.37%6.54%3.88%3.77%4.05%0.89%3.27%4.55%4.97%8.22%9.41%8.19%6.16%7.38%2.64%-0.99%7.35%-0.38%11.94%13.74%12.97%13.94%13.99%
R&D------------------------0030.60M31.30M00000-------
R&D as % of Total Revenue------------------------0.00%0.00%0.60%0.55%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense0000000000000000000000380.10M399.00M392.30M376.80M397.80M413.20M443.60M380.20M349.50M353.20M353.30M378.90M371.00M341.10M360.50M489.60M517.20M661.90M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.28%6.00%6.11%6.26%7.86%7.30%6.86%8.17%7.78%7.25%6.91%7.27%7.92%6.96%6.16%8.89%9.48%9.97%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--------3.94B4.00B4.27B4.94B4.99B6.84B19.70B17.37B16.90B16.62B16.99B17.96B18.16B18.00B20.03B19.27B19.94B20.71B21.84B22.65B24.87B17.49B18.69B19.96B21.80B22.66B22.04B24.16B26.74B31.08B31.79B36.55B
Total Liabilities--------2.65B2.70B3.03B3.53B3.69B5.34B16.15B13.82B12.64B12.13B12.12B12.94B13.14B12.93B15.30B14.42B15.02B15.71B16.29B16.77B18.69B13.65B14.62B15.64B16.05B16.67B16.20B16.88B18.83B20.94B21.12B24.89B
Total Equity--------1.30B1.30B1.24B1.41B1.29B1.49B3.55B3.56B4.26B4.50B4.87B5.01B5.01B5.08B4.73B4.85B4.92B5.00B5.55B5.89B6.18B3.84B4.07B4.32B5.75B5.99B5.75B6.95B7.58B8.27B8.68B9.45B
Cash--------40.40M28.50M26.30M30.80M60.80M43.50M193.00M127.90M54.30M27.30M30.10M69.40M175.60M95.40M20.60M16.40M9.20M11.50M36.30M26.80M25.40M15.50M26.40M29.00M112.80M139.30M116.50M84.20M40.80M2.25B156.60M135.70M
Total Debt--------1.52B1.54B1.70B1.94B2.09B2.60B8.36B8.03B6.99B6.80B6.44B6.61B6.43B6.69B7.58B6.79B7.39B7.95B8.10B8.83B9.99B7.00B7.91B9.00B9.13B9.69B9.95B9.99B11.53B14.13B13.96B16.24B
Net Debt--------1.48B1.51B1.67B1.90B2.02B2.56B8.17B7.91B6.93B6.77B6.41B6.51B6.26B6.60B7.56B6.78B7.38B7.94B8.07B8.81B9.97B6.98B7.88B8.97B9.02B9.56B9.83B9.91B11.49B11.88B13.80B16.10B

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow336.40M391.50M321.00M428.50M484.10M453.00M-6.90M1.04B1.17B472.90M1.02B712.30M1.16B757.20M584.20M1.65B720.00M870.20M1.28B1.44B1.32B1.46B803.30M742.20M540.10M1.58B1.10B1.22B1.41B1.94B1.78B2.36B
Investing Cash Flow-214.10M-244.70M-235.10M-491.30M-290.90M-1.11B-5.48B-447.20M-202.70M-5.70M-519.10M-572.10M-732.50M-681.40M-1.11B-654.80M-943.30M-1.15B-1.43B-1.89B-2.12B1.94B-1.58B-1.81B-1.93B-1.92B-879.10M-2.20B-2.57B-3.57B-3.21B-4.29B
Financing Cash Flow-98.00M-158.70M-88.10M67.30M-163.20M640.10M5.63B-660.50M-1.03B-471.00M-500.90M-100.30M-460.00M-72.90M516.10M-1.00B216.10M281.40M174.50M445.10M795.60M-3.41B790.50M1.07B1.47B366.40M-247.70M956.30M1.14B3.84B-651.00M1.87B
Capital Expenditure200.60M189.80M203.10M218.90M245.80M1.08B365.60M668.10M621.90M574.60M517.00M590.40M637.40M788.30M1.30B777.20M803.80M1.13B1.50B1.88B2.03B1.36B1.48B1.70B1.82B1.80B1.76B1.84B2.20B2.65B2.64B2.78B
Free Cash Flow135.80M201.70M117.90M209.60M238.30M-626.20M-372.50M374.50M550.50M-101.70M505.80M121.90M518.80M-31.10M-715.40M873.50M-83.80M-255.00M-223.30M-443.10M-708.90M96.10M-671.90M-953.60M-1.28B-219.10M-654.10M-620.10M-793.70M-710.70M-861.50M-420.00M
Dividends Paid96.70M102.10M104.00M111.60M116.40M125.60M131.80M239.00M241.50M284.00M243.10M250.30M251.90M252.10M252.40M253.30M255.60M257.80M273.20M305.90M321.30M263.40M205.50M229.10M284.90M354.60M376.70M400.30M436.60M457.30M489.20M530.40M
FCF to OCF40.37%51.52%36.73%48.91%49.23%-138.23%5398.55%35.92%46.95%-21.51%49.45%17.11%44.87%-4.11%-122.46%52.92%-11.64%-29.30%-17.51%-30.84%-53.72%6.60%-83.64%-128.48%-236.64%-13.84%-59.25%-50.92%-56.31%-36.73%-48.36%-17.78%
Dividend Paid to FCF71.21%50.62%88.21%53.24%48.85%-20.06%-35.38%63.82%43.87%-279.25%48.06%205.33%48.55%-810.61%-35.28%29.00%-305.01%-101.10%-122.35%-69.04%-45.32%274.09%-30.58%-24.02%-22.29%-161.84%-57.59%-64.55%-55.01%-64.35%-56.78%-126.29%

Earnings

Report DateApr 29, 1996Jul 30, 1996Oct 24, 1996Jan 30, 1997Apr 29, 1997Jul 30, 1997Oct 30, 1997Jan 29, 1998Apr 29, 1998Jul 30, 1998Oct 29, 1998Jan 28, 1999Apr 14, 1999Jul 29, 1999Oct 28, 1999Jan 28, 2000Apr 25, 2000Jul 28, 2000Oct 30, 2000Jan 30, 2001Apr 27, 2001Jul 31, 2001Nov 1, 2001Jan 29, 2002Apr 23, 2002Jul 30, 2002Oct 28, 2002Jan 30, 2003Apr 29, 2003Jul 30, 2003Oct 30, 2003Jan 30, 2004Apr 30, 2004Jul 29, 2004Oct 27, 2004Jan 31, 2005Apr 29, 2005Jul 28, 2005Nov 4, 2005Jan 31, 2006May 3, 2006Aug 2, 2006Nov 2, 2006Jan 30, 2007May 3, 2007Aug 2, 2007Nov 2, 2007Jan 30, 2008May 2, 2008Aug 4, 2008Nov 4, 2008Feb 4, 2009May 1, 2009Aug 4, 2009Oct 30, 2009Feb 1, 2010May 4, 2010Aug 3, 2010Oct 29, 2010Feb 1, 2011May 3, 2011Aug 2, 2011Oct 28, 2011Feb 1, 2012May 1, 2012Jul 31, 2012Nov 2, 2012Feb 19, 2013Apr 30, 2013Jul 31, 2013Oct 31, 2013Feb 18, 2014Apr 30, 2014Jul 31, 2014Oct 30, 2014Feb 18, 2015Apr 30, 2015Aug 3, 2015Nov 3, 2015Feb 18, 2016May 3, 2016Aug 2, 2016Nov 1, 2016Feb 22, 2017May 3, 2017Aug 2, 2017Nov 1, 2017Feb 20, 2018May 2, 2018Aug 1, 2018Nov 1, 2018Feb 20, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 26, 2020May 6, 2020Aug 5, 2020Nov 2, 2020Feb 17, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 7, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Oct 31, 2023Feb 21, 2024May 8, 2024Aug 7, 2024Oct 30, 2024Feb 19, 2025May 7, 2025Aug 6, 2025Oct 29, 2025Feb 11, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.500.210.260.420.540.200.290.470.540.260.360.550.560.230.330.560.630.220.290.750.910.070.040.630.930.100.060.600.940.070.030.560.850.180.060.570.770.120.060.420.740.140.070.390.770.110.100.410.760.100.030.430.620.01-0.010.370.670.100.060.340.720.160.100.350.710.190.050.430.720.230.170.460.790.250.160.520.810.210.030.300.570.070.070.330.670.100.070.320.760.090.060.360.770.060.050.430.810.080.030.330.770.130.100.360.770.120.100.480.750.110.150.530.830.170.160.500.900.210.200.501.050.150.20
EPS Actual0.540.190.280.430.590.220.280.440.480.240.350.510.620.180.310.320.620.180.240.760.880.01-0.100.451.100.100.110.591.040.150.090.540.820.130.080.580.770.140.060.450.750.140.110.430.760.100.080.430.690.090.030.460.620.020.070.350.720.130.040.330.720.170.110.310.730.230.050.440.690.230.180.470.820.250.140.510.850.180.060.310.600.080.060.330.710.100.070.330.770.070.100.380.820.05-0.020.450.760.130.090.340.770.130.110.390.750.120.100.500.770.110.190.530.850.210.200.490.980.220.190.511.060.16-
Surprise8.00%-9.52%7.69%2.38%9.26%10.00%-3.45%-6.38%-11.11%-7.69%-2.78%-7.27%10.71%-21.74%-6.06%-42.86%-1.59%-18.18%-17.24%1.33%-3.30%-85.71%-350.00%-28.57%18.28%0.00%83.33%-1.67%10.64%114.29%200.00%-3.57%-3.53%-27.78%33.33%1.75%0.00%16.67%0.00%7.14%1.35%0.00%57.14%10.26%-1.30%-9.09%-20.00%4.88%-9.21%-10.00%0.00%6.98%0.00%100.00%800.00%-5.41%7.46%30.00%-33.33%-2.94%0.00%6.25%10.00%-11.43%2.82%21.05%0.00%2.33%-4.17%0.00%5.88%2.17%3.80%0.00%-12.50%-1.92%4.94%-14.29%100.00%3.33%5.26%14.29%-14.29%0.00%5.97%0.00%0.00%3.13%1.32%-22.22%66.67%5.56%6.49%-16.67%-138.40%4.65%-6.17%62.50%200.00%3.03%0.00%0.00%10.00%8.33%-2.60%0.00%0.00%4.17%2.67%0.00%26.67%0.00%2.41%23.53%25.00%-2.31%8.89%4.76%-5.00%2.00%0.95%6.67%-
Timing-----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-----------After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap18.90B
Enterprise Value36.16B
Trailing P/E21.31
Forward P/E17.36
PEG Ratio2.02
Price / Sales2.75
Price / Book1.97
EPS1.85
Book Value19.97
Revenue (TTM)6.88B
Gross Profit (TTM)3.51B
EBITDA3.03B
Profit Margin13.15%
Operating Margin17.16%
Return on Equity8.55%
Return on Assets3.24%
Shares Outstanding479.56M
Shares Float477.73M
Beta0.54
Dividend Yield3.04%
Dividend Rate1.20
Payout Ratio61.46%

Analyst Ratings

Buy
Based on 17 analystsTarget 49.86
  • Strong Buy
    11
  • Buy
    4
  • Hold
    1
  • Sell
    1

Ownership Breakdown

Institutions
98.16%
Insiders
0.35%
Retail / Other
1.49%

Top Institutional Holders

  • BlackRock Inc
    51.47M10.73%
  • T. Rowe Price Investment Management,Inc.
    49.82M10.39%
  • Vanguard Capital Management, LLC
    31.14M6.49%
  • State Street Corp
    27.10M5.65%
  • Vanguard Portfolio Management, LLC
    26.98M5.63%
  • Geode Capital Management, LLC
    12.61M2.63%
  • Deutsche Bank AG
    11.72M2.44%
  • Jennison Associates LLC
    9.24M1.93%
  • FMR Inc
    9.22M1.92%
  • JPMorgan Chase & Co
    8.56M1.79%
  • Amvescap Plc.
    7.79M1.62%
  • NORGES BANK
    7.79M1.62%
  • Franklin Templeton Inc
    5.99M1.25%
  • UBS Group AG
    5.87M1.22%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    15.21M3.17%
  • Vanguard 500 Index Investor
    12.74M2.66%
  • T. Rowe Price Capital Appreciation
    10.83M2.26%
  • State Street®UtilSelSectSPDR®ETF
    7.95M1.66%
  • iShares Core S&P 500 ETF
    6.38M1.33%
  • Fidelity 500 Index
    6.20M1.29%

Dividends

20264×
0.30Oct 30, 20260.30Jul 31, 20260.30Apr 30, 20260.30Feb 3, 2026
20254×
0.28Oct 31, 20250.28Jul 31, 20250.28Apr 30, 20250.28Feb 3, 2025
20244×
0.27Oct 31, 20240.27Jul 31, 20240.27Apr 29, 20240.27Feb 2, 2024
20234×
0.25Oct 30, 20230.25Jul 28, 20230.25Apr 27, 20230.25Feb 6, 2023
20224×
0.23Oct 28, 20220.23Jul 28, 20220.23Apr 28, 20220.23Feb 7, 2022
20214×
0.22Oct 28, 20210.22Jul 29, 20210.22Apr 29, 20210.22Feb 8, 2021

Stock Splits

  • Jul 2, 20152545:1000
  • Feb 23, 19982:1