NiSource Inc. (NI) stock
Close on Nov 12, 2026Market cap $21.97BP/E 23.4Yield 2.44%
NiSource Inc. grew revenue 15.3% to $11.43B over the twelve months to Sep 30, 2026. Operating income rose 9.6% to $1.90B, moving the operating margin from 17.5% to 16.6%. Free cash flow was -$1.57B. At the latest close the market valued the company at $21.97B, 23.4 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $21.97B
- P/E ratio
- 23.4
- Price to sales
- 1.92
- Price to book
- 2.30
- Dividend yield
- 2.44%
- Free cash flow yield
- -7.13%
Fundamentals
- Revenue
- $11.43B
- Net income
- $939.90M
- EPS, diluted
- $1.96
- Free cash flow
- -$1.57B
- Book value per share
- $19.89
- Diluted shares
- 481M
Trading
- Next earnings
- Feb 10, 2027 (estimated, before the open)
- Previous close
- $45.55
- Open
- $45.83
- Day's range
- $45.56 – $46.15
- Volume
- 5,770,740
- Average volume (20 days)
- 6,236,813
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 0.45
- 52-week range
- $38.42 – $49.21
- RSI (14 days)
- 69.8
- Volatility (1 year)
- 18.2%
- Relative volume
- 1.03×
- WACC
- 5.8%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | NI | S&P 500 | Difference | NI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +11.1% | -2.7% | +13.8 pts | ||
| 3 months | +9.1% | -1.7% | +10.8 pts | ||
| Year to date | +11.9% | +11.9% | −0.0 pts | ||
| 1 year | +7.1% | +12.0% | −4.9 pts | ||
| 3 years | +99.2% | +78.2% | +21.0 pts | +25.8% | +21.2% |
| 5 years | +113.0% | +73.2% | +39.7 pts | +16.3% | +11.6% |
| 10 years | +192.0% | +309.6% | −117.7 pts | +11.3% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases NiSource filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- News
- Results
About NiSource
Electric & Other Services Combined
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.
Company profile, executives and historyNiSource stock: common questions
What is NiSource's stock price?
NI closed at $45.81 on Nov 12, 2026, up 0.57% on the day. Over the past 52 weeks it traded between $38.42 and $49.21.
What is NiSource's market cap?
NiSource was worth $21.97B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is NI's P/E ratio?
NI trades at 23.4 times earnings, based on diluted earnings per share of $1.96 over the twelve months to Sep 30, 2026.
How much revenue does NiSource make?
NiSource reported revenue of $11.43B for the twelve months to Sep 30, 2026, up 15.3% from a year earlier.
Does NiSource pay a dividend?
Yes. NiSource paid $1.12 per share over the last twelve months, a yield of 2.44% at the latest price, and has raised its annual dividend 9 years in a row.
When does NiSource report earnings next?
NiSource is expected to report Q4 FY2026 results on Feb 10, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has NI stock performed over the past year?
Including dividends, NI returned +7.1% over the past year, against +12.0% for the S&P 500.
How many NI shares are sold short?
20M shares were sold short at the latest FINRA report, 4.16% of the float, or 2.9 days of average trading volume.
Who are NiSource's competitors?
Companies most similar to NiSource by business, industry and size include PEG, CMS, WEC, AEE, XEL.
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