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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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, NiSource, Inc (NI) trades at a P/E ratio of 22.7×. Over the past ten years it has ranged from 0.0× (March 2021) to 115× (September 2019); the current reading is higher than 60% of that period. That is above the Utilities Regulated Gas industry median of 16.5× and above the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 21.3× (6.10%)
FY2024 22.7× 33.58%
FY2023 17.0× 13.91%
FY2022 14.9× (27.08%)
FY2021 20.5× —
FY2020 0.0× —
FY2019 31.6× —
FY2018 0.0× —
FY2017 65.0× 195.97%
FY2016 22.0× 2.48%

Quarterly newest first

Period P/E ratio Change
Jun 2026 25.3× 8.95%
Mar 2026 23.2× 8.95%
Dec 2025 21.3× (6.51%)
Sep 2025 22.8× 6.77%
42 more quarters

Against its own ten years

Low 0.0× High 115×
Ten-year median 21.7×
Current reading's percentile 50

P/E ratio against peers

Company P/E ratio
SR Spire Inc. compare 9.1×
SWX Southwest Gas Corporation compare 11.4×
UGI UGI Corporation compare 12.3×
NJR NewJersey Resources Corporation compare 14.3×
OGS ONE Gas, Inc. compare 16.2×
BKH Black Hills Corporation compare 19.3×
ATO Atmos Energy Corporation compare 19.8×
MDU MDU Resources Group, Inc. compare 20.0×
NI NiSource, Inc 22.7×
Utilities Regulated Gas industry median 16.5×
Utilities sector median 20.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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