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.
Follow NI
NiSource, Inc (NI) Return on invested capital
NiSource, Inc's return on invested capital over the twelve months to 30 June 2026 was 3.98%, down 0.2 percentage points from fiscal 2025 (4.14%). Over the past ten years it has ranged from 0.53% (fiscal 2018) to 4.65% (fiscal 2015); the current reading is higher than 73% of that period. That is below the Utilities Regulated Gas industry median of 4.29% and above the Utilities sector median of 3.63%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 4.14% | 0.42 |
| FY2024 | 3.72% | 0.04 |
| FY2023 | 3.68% | (0.45) |
| FY2022 | 4.13% | 0.42 |
| FY2021 | 3.71% | 1.48 |
| FY2020 | 2.23% | (1.37) |
| FY2019 | 3.60% | 3.07 |
| FY2018 | 0.53% | (3.80) |
| FY2017 | 4.33% | (0.20) |
| FY2016 | 4.53% | (0.12) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| UGI UGI Corporation compare | 6.28% |
| NJR NewJersey Resources Corporation compare | 5.47% |
| OGS ONE Gas, Inc. compare | 4.87% |
| ATO Atmos Energy Corporation compare | 4.54% |
| SWX Southwest Gas Corporation compare | 4.24% |
| BKH Black Hills Corporation compare | 4.11% |
| NI NiSource, Inc | 3.98% |
| SR Spire Inc. compare | 3.76% |
| MDU MDU Resources Group, Inc. compare | 3.56% |
| Utilities Regulated Gas industry median | 4.29% |
| Utilities sector median | 3.63% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on NI
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement