NiSource, Inc NI
- Market cap
- $18.8B
- P/E
- 21.0×
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NiSource, Inc (NI) Return on equity
NiSource, Inc's return on equity over the twelve months to 30 June 2026 was 7.94%, down 0.4 percentage points from fiscal 2025 (8.33%). Over the past ten years it has ranged from −1.44% (fiscal 2020) to 12.4% (fiscal 2022); the current reading is higher than 73% of that period. That is below the Utilities Regulated Gas industry median of 9.47% and below the Utilities sector median of 9.00%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 8.33% | 1.05 |
| FY2024 | 7.28% | (0.99) |
| FY2023 | 8.27% | (4.13) |
| FY2022 | 12.4% | 2.48 |
| FY2021 | 9.92% | 11.36 |
| FY2020 | −1.44% | (8.01) |
| FY2019 | 6.57% | 8.00 |
| FY2018 | −1.43% | (4.49) |
| FY2017 | 3.06% | (5.32) |
| FY2016 | 8.38% | 2.66 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| SR Spire Inc. compare | 15.6% |
| NJR NewJersey Resources Corporation compare | 14.5% |
| UGI UGI Corporation compare | 13.3% |
| SWX Southwest Gas Corporation compare | 13.3% |
| ATO Atmos Energy Corporation compare | 9.79% |
| OGS ONE Gas, Inc. compare | 8.58% |
| NI NiSource, Inc | 7.94% |
| BKH Black Hills Corporation compare | 7.72% |
| MDU MDU Resources Group, Inc. compare | 6.95% |
| Utilities Regulated Gas industry median | 9.47% |
| Utilities sector median | 9.00% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
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/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- 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