NiSource, Inc NI
39.42
0.30
0.77%
as of 25 Sep
- Market cap
- $18.8B
- P/E
- 21.0×
Follow NI
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
NiSource, Inc (NI) P/S ratio
As of 25 September 2026, NiSource, Inc (NI) trades at a P/S ratio of 2.7×. Over the past ten years it has ranged from 1.0× (March 2015) to 3.4× (June 2026); the current reading is higher than 82% of that period. That is above the Utilities Regulated Gas industry median of 2.0× and above the Utilities sector median of 2.6×.
P/S ratio, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Low 1.0×
High 3.4×
Ten-year median
1.9×
Current reading's percentile
82
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| UGI UGI Corporation compare | 1.1× |
| SR Spire Inc. compare | 1.7× |
| OGS ONE Gas, Inc. compare | 2.0× |
| MDU MDU Resources Group, Inc. compare | 2.1× |
| NJR NewJersey Resources Corporation compare | 2.3× |
| BKH Black Hills Corporation compare | 2.3× |
| NI NiSource, Inc | 2.7× |
| SWX Southwest Gas Corporation compare | 3.4× |
| ATO Atmos Energy Corporation compare | 5.4× |
| Utilities Regulated Gas industry median | 2.0× |
| Utilities sector median | 2.6× |
| Market median | 2.0× |
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)
More on NI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E 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