NiSource Inc. (NI) stock
NINYSEElectric & Other Services CombinedFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 6/3012% above fair value
$46.05+0.24 (+0.52%)
Close on Nov 13, 2026Market cap $22.09BP/E 23.5Yield 2.43%
NiSource gross margin
Gross margin is gross profit as a percentage of revenue.
NiSource's gross margin for the twelve months ending Sep 30, 2026 was 86.4%. For fiscal 2025 it was 75.7%, against 78.6% the year before. The highest annual figure on record is 103.1% in fiscal 2019.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 75.7% | −2.9 |
| FY2024 | Dec 31, 2024 | 78.6% | +7.2 |
| FY2023 | Dec 31, 2023 | 71.3% | +8.1 |
| FY2022 | Dec 31, 2022 | 63.2% | −7.3 |
| FY2021 | Dec 31, 2021 | 70.6% | −4.6 |
| FY2020 | Dec 31, 2020 | 75.2% | −27.9 |
| FY2019 | Dec 31, 2019 | 103.1% | +0.6 |
| FY2018 | Dec 31, 2018 | 102.5% | −0.6 |
| FY2017 | Dec 31, 2017 | 103.1% | +0.8 |
| FY2016 | Dec 31, 2016 | 102.3% | +2.3 |
| FY2015 | Dec 31, 2015 | 100.0% | +45.0 |
| FY2014 | Dec 31, 2014 | 55.0% | −2.6 |
| FY2013 | Dec 31, 2013 | 57.6% | −12.3 |
| FY2012 | Dec 31, 2012 | 69.8% | +9.9 |
| FY2011 | Dec 31, 2011 | 59.9% | +6.5 |
| FY2010 | Dec 31, 2010 | 53.5% | +3.4 |
| FY2009 | Dec 31, 2009 | 50.1% | +13.6 |
| FY2008 | Dec 31, 2008 | 36.6% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 84.0% | −0.3 |
| Q2 FY2026 | Jun 30, 2026 | 85.0% | +6.0 |
| Q1 FY2026 | Mar 31, 2026 | 71.2% | +1.3 |
| Q4 FY2025 | Dec 31, 2025 | 92.6% | −0.3 |
| Q3 FY2025 | Sep 30, 2025 | 84.4% | +0.2 |
| Q2 FY2025 | Jun 30, 2025 | 79.0% | −5.4 |
| Q1 FY2025 | Mar 31, 2025 | 69.9% | −4.3 |
| Q4 FY2024 | Dec 31, 2024 | 92.9% | +19.4 |
| Q3 FY2024 | Sep 30, 2024 | 84.1% | +1.8 |
| Q2 FY2024 | Jun 30, 2024 | 84.4% | +7.5 |
| Q1 FY2024 | Mar 31, 2024 | 74.1% | +13.0 |
| Q4 FY2023 | Dec 31, 2023 | 73.5% | +16.8 |
| Q3 FY2023 | Sep 30, 2023 | 82.4% | +12.7 |
| Q2 FY2023 | Jun 30, 2023 | 76.9% | +9.3 |
| Q1 FY2023 | Mar 31, 2023 | 61.1% | −1.2 |
| Q4 FY2022 | Dec 31, 2022 | 56.7% | −4.7 |
| Q3 FY2022 | Sep 30, 2022 | 69.6% | −8.7 |
| Q2 FY2022 | Jun 30, 2022 | 67.6% | −9.3 |
| Q1 FY2022 | Mar 31, 2022 | 62.3% | −6.9 |
| Q4 FY2021 | Dec 31, 2021 | 61.4% | −59.4 |
| Q3 FY2021 | Sep 30, 2021 | 78.3% | −21.7 |
| Q2 FY2021 | Jun 30, 2021 | 76.8% | −23.2 |
| Q1 FY2021 | Mar 31, 2021 | 69.2% | −30.8 |
| Q4 FY2020 | Dec 31, 2020 | 120.8% | +8.3 |
| Q3 FY2020 | Sep 30, 2020 | 100.0% | +0.0 |
| Q2 FY2020 | Jun 30, 2020 | 100.0% | +0.0 |
| Q1 FY2020 | Mar 31, 2020 | 100.0% | +0.0 |
| Q4 FY2019 | Dec 31, 2019 | 112.5% | +3.3 |
| Q3 FY2019 | Sep 30, 2019 | 100.0% | +0.0 |
| Q2 FY2019 | Jun 30, 2019 | 100.0% | +0.0 |
| Q1 FY2019 | Mar 31, 2019 | 100.0% | +0.0 |
| Q4 FY2018 | Dec 31, 2018 | 109.2% | +9.2 |
| Q3 FY2018 | Sep 30, 2018 | 100.0% | +0.0 |
| Q2 FY2018 | Jun 30, 2018 | 100.0% | +0.0 |
| Q1 FY2018 | Mar 31, 2018 | 100.0% | +0.0 |
| Q4 FY2017 | Dec 31, 2017 | 100.0% | −73.2 |
| Q3 FY2017 | Sep 30, 2017 | 100.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 100.0% | – |
| Q1 FY2017 | Mar 31, 2017 | 100.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 173.2% | – |
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