NiSource, Inc

NI Utilities Utilities Regulated Gas

NiSource, Inc’s revenue for fiscal 2025 (year ended December 2025) was $6.6 billion, up 21.8% from fiscal 2024.

Revenue
+5.99%
EPS
+35.0%
Free cash flow
−278.4%
Total debt
+15.9%

Quarter to September 2026, against a year earlier

44.49 0.80 −1.77%
Market cap
$21.3B
P/E
22.8×
Fwd P/E
21.9×
Dividend yield
2.70%
F-score
6/9
Altman Z
0.80
Beneish M
−2.41
Dividend safety
36/100

NiSource, Inc (NI) Return on assets

Alert me on Return on assets

NiSource, Inc's return on assets over the twelve months to 30 September 2026 was 2.58%, down 0.2 percentage points from fiscal 2025 (2.75%). Over the past ten years it has ranged from −0.33% (fiscal 2020) to 2.94% (fiscal 2022); the current reading is higher than 91% of that period. That is below the Utilities Regulated Gas industry median of 3.58% and in line with the Utilities sector median of 2.68%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 2.75% 0.40
FY2024 2.35% 0.06
FY2023 2.29% (0.65)
FY2022 2.94% 0.65
FY2021 2.29% 2.62
FY2020 −0.33% (1.81)
FY2019 1.48% 1.79
FY2018 −0.31% (0.97)
FY2017 0.66% (1.17)
FY2016 1.83% 0.47

Against its own ten years

Low −0.33% High 2.94%
Ten-year median 1.83%
Current reading's percentile 91

Return on assets against peers

Company Return on assets
NJR NewJersey Resources Corporation compare 4.79%
ATO Atmos Energy Corporation compare 4.73%
UGI UGI Corporation compare 4.33%
SR Spire Inc. compare 4.17%
OGS ONE Gas, Inc. compare 3.35%
BKH Bright Horizon Energy Corporation compare 2.93%
SWX Southwest Gas Corporation compare 2.77%
MDU MDU Resources Group, Inc. compare 2.68%
NI NiSource, Inc 2.58%
Utilities Regulated Gas industry median 3.58%
Utilities sector median 2.68%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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