NISOURCE INC.
NINYSE · SIC 4931
$45.98
↓ -0.6%Jul 17 close · end-of-day
Price
1Y↑ +17.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$22.1B
Enterprise Value
$37.5B
P/E
22.9
P/S
2.0
P/B
2.3
EV/EBITDA
12.1
PEG
4.9
FCF Yield
-3.8%
Dividend Yield
2.5%
Revenue (TTM)
$11.3B
Net Income (TTM)
$961.8M
Free Cash Flow (TTM)
-$832.0M
Gross Margin
—
Operating Margin
16.7%
Net Margin
8.5%
ROE
10.0%
ROIC
6.0%
Debt / Equity
1.6
Net Cash
-$15.4B
Return 1Y
+17.4%
Company profile
NiSource Inc. operates as a regulated natural gas and electric utility company in the United States. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts in Wheatfield and 455 MW in Michigan City.
- CEO
- Lloyd M. Yates
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Utilities
- Employees
- 7,120
- Headquarters
- Indiana
- Website
- nisource.com
Management & directors
- Berman Melanie B.EVP Administration & CHRO
- Yates Lloyd MDirector and President & CEO
- Birmingham MelodyEVP & Grp President, Utilities
- Anderson ShawnEVP & CFO
- Birmingham-Byrd MelodyEVP & Grp President, Utilities
- Cuccia Kimberly SEVP, GC & Corporate Secretary
- Gode GunnarSVP Chief Accting&Tax Officer
- Jefferson William Jr.EVP, Chief Op & Safety Officer
- Luhrs MichaelEVP, Tech, Customer & CCO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-08-05
NI Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$2.3B↑ +8.0%
Diluted EPS$1.06↑ +6.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $4.5B | $4.7B | $5.7B | $5.3B | $5.3B | $6.5B |
| Gross profit | — | — | — | — | — | — |
| Operating income | $550.8M | $1.0B | $1.3B | $1.3B | $1.5B | $1.8B |
| Net income | -$17.6M | $584.9M | $804.1M | $714.3M | $760.4M | $929.5M |
| Diluted EPS | -$0.19 | $1.27 | $1.70 | $1.48 | $1.62 | $1.95 |
| Operating cash flow | $1.1B | $1.2B | $1.4B | $1.9B | $1.8B | $2.4B |
| Free cash flow | -$654.1M | -$620.1M | -$793.7M | -$710.7M | -$832.5M | -$420.0M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | 12.3% | 21.3% | 22.1% | 24.2% | 27.6% | 28.1% |
| Net margin | -0.4% | 12.4% | 14.0% | 13.4% | 14.4% | 14.3% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $5.3B | $2.1B | $1.2B | $1.2B | $6.5B | $2.3B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $237.0M | $218.3M | $416.8M | $759.4M | $262.9M | $297.5M | $515.5M | $819.2M |
| Net income | $85.8M | $85.7M | $223.9M | $474.8M | $102.2M | $94.7M | $257.8M | $507.1M |
| Diluted EPS | $0.19 | $0.19 | $0.47 | $1.00 | $0.22 | $0.20 | $0.53 | $1.06 |
| Operating cash flow | $445.5M | $340.0M | $539.8M | $686.4M | $495.4M | $467.9M | $712.6M | $442.3M |
| Free cash flow | -$184.3M | -$294.7M | -$220.2M | $49.1M | -$162.8M | -$172.6M | -$133.7M | -$362.9M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 21.8% | 20.3% | 7.9% | 35.3% | 21.1% | 24.0% | 7.9% | 35.3% |
| Net margin | 7.9% | 8.0% | 4.2% | 22.1% | 8.2% | 7.6% | 4.0% | 21.8% |
Company news
Jul 20, 2026
Jul 7, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-13 | Jesanis Michael E | J | 30,190 | $0.00 | $0.00 | filing |
| 2026-05-22 | Berman Melanie B.· EVP Administration & CHRO | Sale | 15,000 | $47.68 | $715,200.00 | filing |
| 2026-05-21 | Yates Lloyd M· Director and President & CEO | Sale | 19,905 | $47.73 | $950,065.65 | filing |
| 2026-05-20 | BIRMINGHAM MELODY· EVP & Grp President, Utilities | Sale | 2,500 | $47.43 | $118,575.00 | filing |
| 2026-05-14 | BIRMINGHAM MELODY· EVP & Grp President, Utilities | Sale | 10,000 | $47.19 | $471,850.00 | filing |
| 2026-05-11 | Jesanis Michael E | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | Hersman Deborah | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | BUTLER ERIC L | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | Bunting Theodore H JR | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | Barbour Sondra L | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | ALTABEF PETER | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | HENRETTA DEBORAH A | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | Lee Cassandra S. | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | McAvoy John | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | KABAT KEVIN T | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-05-11 | JOHNSON WILLIAM D | Award | 3,807 | $47.03 | $179,043.21 | filing |
| 2026-02-27 | Yates Lloyd M· Director and President & CEO | Award | 275,962 | $47.30 | $13.1M | filing |
| 2026-02-27 | Yates Lloyd M· Director and President & CEO | Tax withholding | 117,285 | $47.30 | $5.5M | filing |
| 2026-02-27 | Birmingham-Byrd Melody· EVP & Grp President, Utilities | Award | 71,094 | $47.30 | $3.4M | filing |
| 2026-02-27 | Luhrs Michael· EVP, Tech, Customer & CCO | Award | 61,811 | $47.30 | $2.9M | filing |
| 2026-02-27 | Jefferson William Jr.· EVP, Chief Op & Safety Officer | Award | 60,623 | $47.30 | $2.9M | filing |
| 2026-02-27 | Anderson Shawn· EVP & CFO | Award | 32,551 | $47.30 | $1.5M | filing |
| 2026-02-27 | Berman Melanie B.· EVP Administration & CHRO | Award | 31,466 | $47.30 | $1.5M | filing |
| 2026-02-27 | Cuccia Kimberly S· EVP, GC & Corporate Secretary | Award | 30,744 | $47.30 | $1.5M | filing |
| 2026-02-27 | Birmingham-Byrd Melody· EVP & Grp President, Utilities | Tax withholding | 30,427 | $47.30 | $1.4M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.