NiSource, Inc NI
39.42
0.30
0.77%
as of 25 Sep
- Market cap
- $18.8B
- P/E
- 21.0×
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NiSource, Inc (NI) Operating margin
NiSource, Inc's operating margin over the twelve months to 30 June 2026 was 27.0%, down 0.6 percentage points from fiscal 2025 (27.6%). Over the past ten years it has ranged from 2.44% (fiscal 2018) to 27.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Utilities Regulated Gas industry median of 21.5% and above the Utilities sector median of 18.8%.
Operating margin, annual
Annual
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 27.6% | 0.95 |
| FY2024 | 26.7% | 3.15 |
| FY2023 | 23.5% | 1.89 |
| FY2022 | 21.6% | 1.09 |
| FY2021 | 20.6% | 8.79 |
| FY2020 | 11.8% | (5.34) |
| FY2019 | 17.1% | 14.66 |
| FY2018 | 2.44% | (16.46) |
| FY2017 | 18.9% | (0.38) |
| FY2016 | 19.3% | 2.08 |
Quarterly
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 17.0% | (17.68) |
| Mar 2026 | 34.7% | 7.58 |
| Dec 2025 | 27.1% | 3.72 |
| Sep 2025 | 23.4% | 2.88 |
| 42 more quarters | Free account |
Against its own ten years
Low 2.44%
High 27.6%
Ten-year median
19.3%
Current reading's percentile
100
Operating margin against peers
| Company | Operating margin |
|---|---|
| ATO Atmos Energy Corporation compare | 37.0% |
| SWX Southwest Gas Corporation compare | 28.7% |
| NI NiSource, Inc | 27.0% |
| NJR NewJersey Resources Corporation compare | 24.8% |
| BKH Black Hills Corporation compare | 23.9% |
| SR Spire Inc. compare | 21.5% |
| OGS ONE Gas, Inc. compare | 20.7% |
| MDU MDU Resources Group, Inc. compare | 17.0% |
| UGI UGI Corporation compare | 16.2% |
| Utilities Regulated Gas industry median | 21.5% |
| Utilities sector median | 18.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on NI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement