NiSource, Inc NI
- Market cap
- $18.8B
- P/E
- 21.0×
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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
Annual
| 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
- 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 equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement