NISOURCE INC.
Close on Oct 19, 2026
- Market cap
- $20.19B
- P/E (TTM)
- 22.2
- Dividend yield
- 2.67%
About Nisource
Electric & Other Services Combined, SIC 4931
NiSource Inc. is an energy holding company operating primarily through regulated utility subsidiaries that distribute natural gas and generate, transmit, and supply electricity. The company conducts business through two reportable segments: Columbia Operations and NIPSCO Operations. Through these segments, NiSource provides natural gas utility services and electric power to residential, commercial, and industrial customers, while also contracting customized electric supply for large data center facilities.
The company serves approximately 3.8 million customers across six states: Indiana, Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. Its infrastructure encompasses over 55,000 miles of gas distribution mains, roughly 1,030 miles of transmission pipelines, gas and propane storage facilities, electric transmission substations, and diverse electric generation assets located across northern and western Indiana. The provided text does not state the company's headquarters location.
Summary of the business section of Nisource's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NISOURCE INC.
- Founded
- 1987
- Headquarters
- Merrillville, IN
- Address
- 801 East 86th Ave 46410-6272
- Phone
- (219) 647-5200
- Website
- nisource.com
- Employees
- 8,363, Dec 31, 2019
- Industry
- Electric & Other Services Combined
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- DELOITTE& TOUCHE LLP, Columbus, Ohio
Stock & identifiers
- Ticker
- NI
- Exchange
- NYSE
- Shares outstanding
- 480M, Jul 29, 2026
- Public float
- $18.97B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Feb 23, 1998
- SEC CIK
- 1111711
- CUSIP
- 65473P105
- ISIN
- US65473P1057
- LEI
- 549300D8GOWWH0SJB189
- EIN
- 35-2108964
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Lloyd M. Yates | Director and President & CEO | 519,557 |
| Melody Birmingham | EVP & Grp President, Utilities | 78,527 |
| Melanie B. Berman | EVP Administration & CHRO | 35,990 |
| Shawn Anderson | EVP & CFO | 165,913 |
| Michael Luhrs | EVP, Tech, Customer & CCO | 151,375 |
| William Jefferson Jr. | EVP, Chief Op & Safety Officer | 98,375 |
| Kimberly S. Cuccia | EVP, GC & Corporate Secretary | 66,593 |
| Gunnar Gode | SVP Chief Accting&Tax Officer | 33,775 |
| Melody Birmingham | EVP & Grp President, Utilities | 113,620 |
| Michael E. Jesanis | Director | 82,890 |
| Peter Altabef | Director | 56,615 |
| Deborah A. Henretta | Director | 77,152 |
| Sondra L. Barbour | Director | 29,197 |
| Kevin T. Kabat | Director | 66,456 |
| Eric L. Butler | Director | 67,692 |
| William D. Johnson | Director | 28,431 |
| John McAvoy | Director | 15,777 |
| Theodore H. Bunting JR | Director | 49,932 |
| Deborah Hersman | Director | 47,200 |
| Cassandra S. Lee | Director | 28,974 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Joseph Hamrock | $0 | $0 | $3.69M | $216 | $159 |
| FY2025 Lloyd Yates | $13.20M | $26.18M | $3.69M | $216 | $159 |
| FY2024 Joseph Hamrock | $0 | $0 | $3.66M | $185 | $137 |
| FY2024 Lloyd Yates | $12.78M | $34.02M | $3.66M | $185 | $137 |
| FY2023 Joseph Hamrock | $0 | $0 | $2.87M | $129 | $111 |
| FY2023 Lloyd Yates | $9.22M | $9.91M | $2.87M | $129 | $111 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2019, we had 8,363 employees of whom 3,219 were subject to collective bargaining agreements.”
Corporate history
Events identified from SEC filings