NiSource, Inc

NI Utilities Utilities Regulated Gas

NiSource, Inc’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 21.8% from fiscal 2024.

Revenue
+5.99%
EPS
+44.9%
Free cash flow
−278.4%
Total debt
+15.9%

Quarter to September 2026, against a year earlier

44.98 0.41 +0.92%
Market cap
$21.4B
P/E
22.8×
Fwd P/E
21.9×
Dividend yield
2.67%
F-score
6/9
Altman Z
0.80
Beneish M
−2.41
Dividend safety
36/100

NiSource, Inc 10-K filed Feb 11, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 6:37 AM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 12, 2025: 8 added · 23 removed · 39 modified; 5 with only figures updated; 1 moved without change

  1. Modified · Business

    NiSource’s principal subsidiaries include NiSource Gas Distribution Group, Inc. (a holding company that owns Columbia of Kentucky, Columbia of Maryland, Columbia of Ohio, Columbia of Pennsylvania, and Columbia of Virginia), and NIPSCO Holdings I (a holding company that owns a controlling interest in NIPSCO, a gas and electric utility). NiSource derives substantially all of its revenues and earnings from the operating results of these rate-regulated businesses. In addition, NiSource will develop the generation resources it plans to use in serving data center customers through its subsidiary Generation Holdings I (a holding company that holds a controlling interest in GenCo).