NiSource, Inc NI

39.42 0.30 0.77% as of 25 Sep
Market cap
$18.8B
P/E
21.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

NiSource, Inc (NI) Net margin

NiSource, Inc's net margin over the twelve months to 30 June 2026 was 13.2%, down 0.8 percentage points from fiscal 2025 (14.0%). Over the past ten years it has ranged from −1.55% (fiscal 2020) to 14.0% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Utilities Regulated Gas industry median of 13.0% and above the Utilities sector median of 11.5%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 14.0% 0.43
FY2024 13.6% 1.54
FY2023 12.0% (0.78)
FY2022 12.8% 1.99
FY2021 10.8% 12.36
FY2020 −1.55% (7.85)
FY2019 6.30% 7.58
FY2018 −1.28% (3.92)
FY2017 2.64% (4.74)
FY2016 7.38% 1.22

Quarterly

Period Net margin Change (points)
Jun 2026 3.39% (18.22)
Mar 2026 21.6% 8.06
Dec 2025 13.6% 6.11
Sep 2025 7.44% (0.53)
42 more quarters

Against its own ten years

Low −1.55% High 14.0%
Ten-year median 7.38%
Current reading's percentile 100

Net margin against peers

Company Net margin
SWX Southwest Gas Corporation compare 31.4%
ATO Atmos Energy Corporation compare 28.5%
SR Spire Inc. compare 19.8%
NJR NewJersey Resources Corporation compare 16.4%
NI NiSource, Inc 13.2%
BKH Black Hills Corporation compare 13.0%
OGS ONE Gas, Inc. compare 12.5%
MDU MDU Resources Group, Inc. compare 10.8%
UGI UGI Corporation compare 9.20%
Utilities Regulated Gas industry median 13.0%
Utilities sector median 11.5%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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