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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/S ratio

Alert me on P/S ratio

As of 16 October 2026, NiSource, Inc (NI) trades at a P/S ratio of 3.0×. Over the past ten years it has ranged from 1.0× (March 2015) to 3.4× (June 2026); the current reading is higher than 85% of that period. That is above the Utilities Regulated Gas industry median of 2.2× and above the Utilities sector median of 2.7×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 3.0× (2.86%)
FY2024 3.1× 49.93%
FY2023 2.0× 6.92%
FY2022 1.9× (13.92%)
FY2021 2.2× 17.79%
FY2020 1.9× (5.95%)
FY2019 2.0× 13.31%
FY2018 1.8× 3.11%
FY2017 1.7× 7.81%
FY2016 1.6× 19.29%

Quarterly newest first

Period P/S ratio Change
Jun 2026 3.3× 1.18%
Mar 2026 3.3× 10.19%
Dec 2025 3.0× (7.98%)
Sep 2025 3.2× 4.24%
42 more quarters

Against its own ten years

Low 1.0× High 3.4×
Ten-year median 1.9×
Current reading's percentile 84

P/S ratio against peers

Company P/S ratio
UGI UGI Corporation compare 1.1×
SR Spire Inc. compare 1.8×
OGS ONE Gas, Inc. compare 2.1×
MDU MDU Resources Group, Inc. compare 2.2×
NJR NewJersey Resources Corporation compare 2.4×
BKH Black Hills Corporation compare 2.5×
NI NiSource, Inc 3.0×
SWX Southwest Gas Corporation compare 3.7×
ATO Atmos Energy Corporation compare 5.7×
Utilities Regulated Gas industry median 2.2×
Utilities sector median 2.7×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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