Friday 6 November 2026 Export NI’s income statement to Excel — free account

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: +35.0%
Free cash flow: −278.4%
Total debt: +15.9%

Quarter to September 2026, against a year earlier

44.49 0.80 −1.77%

Follow NI

Alert me

Market cap: $21.3B
P/E: 22.8×
Fwd P/E: 21.9×
Dividend yield: 2.70%
F-score: 6/9
Altman Z: 0.80
Beneish M: −2.41
Dividend safety: 36/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Sep '26	Jun '26	Mar '26	Dec '25	Older periods
P/E ratio Full definition →	20.00	25.29	23.21	21.31	+8 more quarters Free account
P/S ratio Full definition →	2.69	3.31	3.28	2.97
P/FCF ratio Full definition →	0.00	0.00	0.00	0.00
P/Operating CF Full definition →	34.22	33.52	50.53	27.71
P/B ratio Full definition →	1.57	1.92	1.87	1.69
Price to Tangible BV Full definition →	1.79	2.19	2.14	1.94
EV/Sales Full definition →	5.30	5.83	5.72	5.39
EV/EBITDA Full definition →	11.50	12.80	12.62	11.93
EV/Operating CF Full definition →	15.49	17.42	18.42	15.17
EV/FCF Full definition →	(23.55)	(36.93)	(46.90)	(85.30)
Quick Ratio Full definition →	0.20	0.22	0.38	0.41
Current Ratio Full definition →	0.50	0.50	0.65	0.69
Net Debt/EBITDA Full definition →	26.81	29.32	15.05	19.35
Debt/Assets Full definition →	46.99%	46.35%	45.81%	45.21%
Debt/Equity Full definition →	1.53	1.46	1.41	1.39
Asset Turnover Full definition →	0.19	0.19	0.20	0.20
Operating CF/Net income Full definition →	4.22	14.95	0.87	2.76
Capex/Depreciation Full definition →	(3.55)	(3.03)	(2.79)	(2.68)
Interest Coverage Full definition →	1.62	1.15	4.28	2.75
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	34.31%	41.60%	24.81%	31.05%
Intangible Assets out of Total Assets Full definition →	0.04	0.04	0.04	0.04
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	2.67%
Graham Net Nets Full definition →	(1.31)	(1.03)	(1.00)	(1.10)
Graham Number Full definition →	33.06	32.39	33.56	32.97
Earnings Yield Full definition →	5.00%	3.95%	4.31%	4.69%
Free Cash Flow Yield Full definition →	(8.37%)	(4.76%)	(3.72%)	(2.13%)
Revenue per Share Full definition →	2.81	2.80	4.93	4.02
Operating CF per Share Full definition →	1.14	1.42	0.92	1.51
Capex per Share Full definition →	(2.50)	(2.29)	(1.68)	(1.79)
Free Cash Flow per Share Full definition →	(1.36)	(0.87)	(0.76)	(0.28)
Cash per Share Full definition →	0.17	0.20	0.20	0.29
Shareholders Equity per Share Full definition →	24.92	24.80	24.90	24.66
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	24.92	24.80	24.90	24.66
Free Cash Flow Full definition →	(653.10)	(417.00)	(362.90)	(133.70)
Working Capital Full definition →	(2,406.40)	(2,215.10)	(1,317.80)	(1,080.20)
Capital Expenditures Full definition →	(1,199.90)	(1,097.40)	(805.20)	(846.30)
Net Current Asset Value Full definition →	(24,548.90)	(23,449.80)	(22,264.50)	(21,821.60)
EV/EBIT Full definition →	19.39	21.57	20.59	19.52
Capex to Sales Full definition →	0.89	0.82	0.34	0.44
Price to Operating Income Full definition →	9.83	12.26	11.79	10.76
Other line items
Average Receivables Full definition →	811.40	851.80	1,246.05	1,144.55
Average Payables Full definition →	976.65	909.75	862.80	993.80
Average Inventory Full definition →	501.65	388.20	282.40	419.30
Average Assets Full definition →	36,634.85	35,786.25	34,853.05	33,823.40
Average Common Equity Full definition →	11,598.10	11,445.65	11,436.75	11,164.10

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

Stockrow Weekly