NiSource Inc. (ni)
NI — Company Overview
NiSource Inc. (NI) is a large-cap company in the Utilities sector, operating in Utilities - Regulated Gas.
| Ticker | NI |
| Sector | Utilities |
| Industry | Utilities - Regulated Gas |
| Exchange | NYQ |
| Market cap | $18.82B |
| Last price | $39.25 |
| Size category | Large Cap |
NI — Business Description
NiSource Inc. (NI) operates in Utilities - Regulated Gas within the broader Utilities market. NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission tran…
Official website: https://www.nisource.com.
NI — Investment Thesis
The investment thesis for NiSource Inc. (NI) rests on how Utilities dynamics, profitability, and valuation interact at today's price.
- Revenue is expanding at roughly 4.6% year-over-year (public data).
- Trailing P/E of 21.22× sits in a moderate band relative to high-growth peers.
- Forward P/E (17.42×) is below trailing P/E — earnings may be expected to improve.
- Dividend yield near 3.0% adds an income component to total return.
- Equity market capitalization is approximately $18.82B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
NI — Financial Health
Financial health for NiSource Inc. (NI) is summarized from publicly reported profitability, leverage, and cash-flow metrics.
Profit margin near 13.2% leaves a narrower cushion versus higher-margin peers. Negative free cash flow of $-1.77B may require careful capital allocation. Debt-to-equity of 146.65 warrants monitoring in a higher-rate environment.
| Trailing P/E | 21.22× |
| Forward P/E | 17.42× |
| Price / Sales | 2.74× |
| Price / Book | 1.97× |
| Gross margin | 51.0% |
| Operating margin | 17.2% |
| Profit margin | 13.2% |
| Return on equity | 8.5% |
| Debt / Equity | 146.65 |
| Free cash flow | $-1.77B |
NI — Growth Outlook
Growth outlook for NiSource Inc. (NI) depends on demand trends in Utilities - Regulated Gas and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 4.6% suggests steady but measured expansion.
- Earnings declined -58.4% year-over-year — margin or volume pressure may be in play.
- Price is 20.2% below the 52-week high.
- Shares trade 0.6% above the 52-week low — limited rebound so far.
NI — Competitive Position
NiSource Inc. (NI) is evaluated against peers on scale, margin structure, and capital efficiency within Utilities.
- Competes within Utilities, specifically in Utilities - Regulated Gas.
- Market capitalization of $18.82B places NI among large-cap peers.
- Gross margin near 51.0% may reflect pricing power or favorable mix.
NI — Strengths
Strengths for NiSource Inc. (NI) inferred from public financial metrics:
- Gross margin of 51.0% supports competitive unit economics.
- Dividend yield of 3.0% for income-oriented holders.
- Large Cap scale ($18.82B) may provide distribution and funding advantages.
NI — Weaknesses
Weaknesses and pressure points for NiSource Inc. (NI) based on available data:
- Earnings decline of -58.4% year-over-year.
- Negative free cash flow ($-1.77B).
NI — Opportunities
- Trading 0.6% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 3.0% appeals to total-return investors.
- Forward earnings multiple below trailing P/E — potential earnings acceleration ahead.
NI — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
NI — Summary
NiSource Inc. (NI) is a large-cap Utilities company focused on Utilities - Regulated Gas, listed on NYQ. Last price $39.25 with market cap $18.82B. Trailing P/E 21.22×. Revenue grew 4.6% year-over-year per public data. Notable strengths include gross margin of 51.0% supports competitive unit economics. Key watch items include earnings decline of -58.4% year-over-year. Public estimates and earnings snapshots for NiSource Inc. are on this site; ownership, live news, and deeper models remain in Vest Terminal.
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NiSource Inc. FAQ
What does NiSource Inc. (NI) do?
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial cu…
What is NI's P/E ratio?
NiSource Inc. has a trailing P/E of 21.22× based on publicly available market data.
Does NI pay a dividend?
Indicated dividend yield: 3.0%. Confirm ex-dates and payout history in Vest Terminal.
What sector is NI in?
NiSource Inc. is classified in Utilities (Utilities - Regulated Gas) on NYQ.
What is NI's market capitalization?
Approximate market cap: $18.82B.
What are the main risks for NI?
Standard market, competitive, and execution risks apply; see the Risks section.
What are the strengths of NI?
Potential positives include gross margin of 51.0% supports competitive unit economics, dividend yield of 3.0% for income-oriented holders.
Where can I get analyst estimates for NI?
Public analyst price targets and consensus for NiSource Inc. are on the free /stocks/ni/estimates page. Deeper estimate history and models are available in Vest Terminal.