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Saturday 17 October 2026 Export NI’s income statement to Excel — free account

NiSource, Inc

NI Utilities Utilities Regulated Gas

In the quarter to June 2026, revenue grew 4.63%, EPS fell 59.1%, free cash flow fell 156.1% and total debt rose 10.5%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

42.68 1.43 +3.47%
Market cap
$19.8B
P/E
22.7×
Fwd P/E
22.7×
Dividend yield
3.47%
F-score
6/9
Altman Z
0.80
Beneish M
−2.41
Dividend safety
36/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

NiSource, Inc (NI) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, NiSource, Inc (NI) trades at a EV/Sales of 5.5×. Over the past ten years it has ranged from 2.8× (January 2016) to 6.0× (March 2025); the current reading is higher than 85% of that period. That is above the Utilities Regulated Gas industry median of 3.6× and above the Utilities sector median of 4.4×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.4× (3.40%)
FY2024 5.6× 33.15%
FY2023 4.2× 9.47%
FY2022 3.8× (8.78%)
FY2021 4.2× 6.63%
FY2020 3.9× 2.96%
FY2019 3.8× 8.39%
FY2018 3.5× (0.67%)
FY2017 3.6× 6.30%
FY2016 3.3× 18.65%

Quarterly newest first

Period EV/Sales Change
Jun 2026 5.8× 1.92%
Mar 2026 5.7× 6.04%
Dec 2025 5.4× (5.43%)
Sep 2025 5.7× 1.67%
42 more quarters

Against its own ten years

Low 2.8× High 6.0×
Ten-year median 3.9×
Current reading's percentile 84

EV/Sales against peers

Company EV/Sales
UGI UGI Corporation compare 2.0×
OGS ONE Gas, Inc. compare 3.2×
MDU MDU Resources Group, Inc. compare 3.6×
NJR NewJersey Resources Corporation compare 4.0×
SR Spire Inc. compare 4.0×
BKH Black Hills Corporation compare 4.4×
NI NiSource, Inc 5.5×
SWX Southwest Gas Corporation compare 5.5×
ATO Atmos Energy Corporation compare 7.7×
Utilities Regulated Gas industry median 3.6×
Utilities sector median 4.4×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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