NI
Neutral signalScored 2026-10-06 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
NiSource Inc
- Nom
- NiSource Inc
- Secteur
- Utilities
- Industrie
- Regulated Gas
- Bourse
- NYSE
- Capitalisation
- $20.8B
- Employés
- 7,703
- PDG
- Lloyd Yates
- Site web
- https://www.nisource.com
- Marché
- ATOBKHCMSCNPCPKDTE
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 transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Decouvert par les declarations du Congres
- Insiders
- —
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,590,389
Avg sell (VWAP, 90d window) $42.40 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- —
- Last synced
-
2026-10-06 10:56:08
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-14 | BIRMINGHAM MELODY | Sell · S | 37,509 | $42.40 | $1,590,389 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2025-05-12 | Jefferson Shreve | Sale (Full) | $50,001 - $100,000 |
| 2025-04-11 | Daniel Milton Newhouse | Sale (Partial) | $1,001 - $15,000 |
| 2024-09-03 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2024-04-10 | Daniel Milton Newhouse | Purchase | $1,001 - $15,000 |
| 2021-03-19 | Lois Frankel | Sale (Full) | $1,001 - $15,000 |
| 2020-05-13 | Dean Phillips | Sale (Partial) | $1,001 - $15,000 |
| 2020-04-02 | Dean Phillips | Purchase | $1,001 - $15,000 |
| 2019-12-06 | Lois Frankel | Purchase | $1,001 - $15,000 |
| 2019-05-28 | Dean Phillips | Sale (Partial) | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-10-06 Drivers: fundamentals. Moteurs : fondamentaux.
NI presents a deeply unfavorable risk/reward profile: a critically low liquidity score (35) reflects a current ratio below 1.0, high leverage (D/E 1.72), and persistent negative FCF, signaling structural financial…
The first sentence of the analysis written for NI on 2026-10-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.69 · operating margin 28% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 50.4% | 51.5% | 45.0% | 38.5% | 41.9% | |
| Ebit Margin | 28.3% | 28.0% | 23.9% | 22.7% | 21.4% | |
| Ebitda Margin | 45.9% | 47.1% | 40.4% | 36.7% | 36.7% | |
| Operating Profit Margin | 27.6% | 26.7% | 23.5% | 21.6% | 20.6% | |
| Pretax Profit Margin | 18.3% | 18.4% | 14.8% | 16.3% | 14.4% | |
| Continuous Operations Profit Margin | 15.2% | 15.5% | 12.2% | 13.5% | 12.0% | |
| Net Profit Margin | 14.0% | 13.9% | 13.0% | 13.7% | 11.9% | |
| Bottom Line Profit Margin | 14.0% | 13.5% | 12.0% | 12.8% | 10.8% | |
| Current Ratio | 0.688 | 0.506 | 0.855 | 0.555 | 0.699 | |
| Quick Ratio | 0.558 | 0.411 | 0.759 | 0.393 | 0.518 | |
| Solvency Ratio | 0.084 | 0.085 | 0.077 | 0.086 | 0.079 | |
| Cash Ratio | 0.039 | 0.038 | 0.426 | 0.009 | 0.031 | |
| Price To Earnings Ratio | 21.306 | 22.552 | 16.698 | 14.902 | 20.452 | |
| Price To Earnings Growth Ratio | 1.052 | 8.964 | -1.229 | 0.411 | -0.025 | |
| Forward Price To Earnings Growth Ratio | 1.052 | 8.964 | -1.229 | 0.411 | -0.025 | |
| Price To Earnings Diluted Ratio | 21.415 | 22.691 | 17.939 | 16.129 | 21.740 | |
| Price To Earnings Diluted Growth Ratio | 1.051 | 2.399 | -1.386 | 0.476 | -0.028 | |
| Price To Book Ratio | 2.090 | 1.923 | 1.336 | 1.474 | 1.564 | |
| Price To Sales Ratio | 2.973 | 3.061 | 2.007 | 1.908 | 2.218 | |
| Price To Free Cash Flow Ratio | -47.020 | -19.381 | -15.544 | -14.064 | -17.525 | |
| Price To Operating Cash Flow Ratio | 8.360 | 9.372 | 5.709 | 7.920 | 8.923 | |
| Debt To Assets Ratio | 0.444 | 0.439 | 0.455 | 0.431 | 0.414 | |
| Debt To Equity Ratio | 1.719 | 1.608 | 1.708 | 1.522 | 1.438 | |
| Debt To Capital Ratio | 0.632 | 0.616 | 0.631 | 0.603 | 0.590 | |
| Long Term Debt To Capital Ratio | 0.617 | 0.577 | 0.572 | 0.557 | 0.569 | |
| Financial Leverage Ratio | 3.868 | 3.660 | 3.758 | 3.529 | 3.477 | |
| Working Capital Turnover Ratio | -4.267 | -3.898 | -3.874 | -4.033 | -6.780 | |
| Operating Cash Flow Ratio | 0.683 | 0.433 | 0.368 | 0.302 | 0.443 | |
| Operating Cash Flow Sales Ratio | 0.356 | 0.327 | 0.351 | 0.241 | 0.249 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.178 | -0.484 | -0.367 | -0.563 | -0.509 | |
| Debt Service Coverage Ratio | 1.991 | 1.003 | 0.585 | 0.922 | 1.805 | |
| Interest Coverage Ratio | 2.768 | 2.814 | 2.646 | 3.511 | 2.952 | |
| Short Term Operating Cash Flow Coverage Ratio | 3.086 | 0.945 | 0.630 | 0.787 | 2.064 | |
| Operating Cash Flow Coverage Ratio | 0.145 | 0.128 | 0.137 | 0.122 | 0.122 | |
| Capital Expenditure Coverage Ratio | 0.849 | 0.674 | 0.731 | 0.640 | 0.663 | |
| Dividend Paid And Capex Coverage Ratio | 0.713 | 0.569 | 0.624 | 0.534 | 0.544 | |
| Dividend Payout Ratio | 0.571 | 0.643 | 0.640 | 0.543 | 0.684 | |
| Enterprise Value Multiple | 11.771 | 11.872 | 10.313 | 10.537 | 11.553 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 50.4% | ▼-1.1% | ▲5.0% |
| Ebit Margin | 28.3% | ▲0.3% | ▲3.4% |
| Ebitda Margin | 45.9% | ▼-1.2% | ▲4.5% |
| Operating Profit Margin | 27.6% | ▲0.9% | ▲3.6% |
| Pretax Profit Margin | 18.3% | ▼-0.1% | ▲1.9% |
| Continuous Operations Profit Margin | 15.2% | ▼-0.2% | ▲1.5% |
| Net Profit Margin | 14.0% | ▲0.1% | ▲0.7% |
| Bottom Line Profit Margin | 14.0% | ▲0.4% | ▲1.3% |
| Current Ratio | 0.688 | ▲0.182 | ▲0.027 |
| Quick Ratio | 0.558 | ▲0.146 | ▲0.030 |
| Solvency Ratio | 0.084 | ▼-0.001 | ▲0.002 |
| Cash Ratio | 0.039 | ▲0.001 | ▼-0.069 |
| Price To Earnings Ratio | 21.306 | ▼-1.246 | ▲2.124 |
| Price To Earnings Growth Ratio | 1.052 | ▼-7.912 | ▼-0.782 |
| Forward Price To Earnings Growth Ratio | 1.052 | ▼-7.912 | ▼-0.782 |
| Price To Earnings Diluted Ratio | 21.415 | ▼-1.276 | ▲1.432 |
| Price To Earnings Diluted Growth Ratio | 1.051 | ▼-1.347 | ▲0.549 |
| Price To Book Ratio | 2.090 | ▲0.167 | ▲0.412 |
| Price To Sales Ratio | 2.973 | ▼-0.087 | ▲0.540 |
| Price To Free Cash Flow Ratio | -47.020 | ▼-27.639 | ▼-24.313 |
| Price To Operating Cash Flow Ratio | 8.360 | ▼-1.012 | ▲0.303 |
| Debt To Assets Ratio | 0.444 | ▲0.005 | ▲0.008 |
| Debt To Equity Ratio | 1.718 | ▲0.111 | ▲0.120 |
| Debt To Capital Ratio | 0.632 | ▲0.016 | ▲0.018 |
| Long Term Debt To Capital Ratio | 0.617 | ▲0.040 | ▲0.038 |
| Financial Leverage Ratio | 3.868 | ▲0.207 | ▲0.209 |
| Working Capital Turnover Ratio | -4.267 | ▼-0.369 | ▲0.303 |
| Operating Cash Flow Ratio | 0.683 | ▲0.250 | ▲0.237 |
| Operating Cash Flow Sales Ratio | 0.356 | ▲0.029 | ▲0.051 |
| Free Cash Flow Operating Cash Flow Ratio | -0.178 | ▲0.306 | ▲0.242 |
| Debt Service Coverage Ratio | 1.991 | ▲0.988 | ▲0.730 |
| Interest Coverage Ratio | 2.768 | ▼-0.047 | ▼-0.171 |
| Short Term Operating Cash Flow Coverage Ratio | 3.086 | ▲2.142 | ▲1.584 |
| Operating Cash Flow Coverage Ratio | 0.145 | ▲0.018 | ▲0.015 |
| Capital Expenditure Coverage Ratio | 0.849 | ▲0.175 | ▲0.138 |
| Dividend Paid And Capex Coverage Ratio | 0.713 | ▲0.144 | ▲0.116 |
| Dividend Payout Ratio | 0.571 | ▼-0.073 | ▼-0.046 |
| Enterprise Value Multiple | 11.771 | ▼-0.101 | ▲0.562 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $19.75B | $16.70B | $11.05B | $11.16B | $10.87B | |
| Enterprise value | $35.85B | $30.50B | $22.93B | $22.65B | $20.78B | |
| EV / Sales | 5.40x | 5.59x | 4.17x | 3.87x | 4.24x | |
| EV / Op. cash flow | 15.18x | 17.12x | 11.85x | 16.07x | 17.06x | |
| EV / Free cash flow | -85.36x | -35.40x | -32.26x | -28.54x | -33.51x | |
| EV / EBITDA | 11.77x | 11.87x | 10.31x | 10.54x | 11.55x | |
| Net debt / EBITDA | 5.29x | 5.37x | 5.34x | 5.34x | 5.51x | |
| Current ratio | 0.69x | 0.51x | 0.85x | 0.56x | 0.70x | |
| Income quality | 2.55x | 2.34x | 2.87x | 1.78x | 2.07x | |
| Graham number | $30 | $27 | $28 | $29 | $24 | |
| Graham net-net | -$50 | -$44 | -$43 | -$43 | -$40 | |
| Tax burden | 76.4% | 75.8% | 87.8% | 84.1% | 82.8% | |
| Interest burden | 64.8% | 65.7% | 61.9% | 72.0% | 67.3% | |
| Working capital | -$1.08B | -$2.03B | -$765.7M | -$2.08B | -$825.4M | |
| Invested capital | $29.12B | $24.91B | $23.00B | $19.25B | $18.54B | |
| Return on assets | 2.5% | 2.4% | 2.3% | 3.0% | 2.4% | |
| Operating ROA | 5.4% | 4.6% | 4.5% | 5.0% | 4.4% | |
| Return on tangible assets | 2.7% | 2.5% | 2.4% | 3.2% | 2.6% | |
| Return on equity | 9.8% | 8.8% | 8.6% | 10.6% | 8.4% | |
| Return on invested capital | 4.5% | 4.1% | 3.7% | 4.4% | 3.8% | |
| Return on capital employed | 5.5% | 5.3% | 5.0% | 5.7% | 4.7% | |
| Earnings yield | 4.7% | 4.6% | 6.5% | 7.2% | 5.4% | |
| Free cash flow yield | -2.1% | -5.2% | -6.4% | -7.1% | -5.7% | |
| Capex / Op. cash flow | 117.8% | 148.4% | 136.7% | 156.3% | 150.9% | |
| Capex / Depreciation | 238.3% | 253.4% | 291.3% | 268.4% | 245.6% | |
| Capex / Sales | 41.9% | 48.5% | 48.1% | 37.7% | 37.5% | |
| SG&A / Sales | 0.0% | 0.2% | 0.4% | -0.5% | -0.7% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.0% | 0.6% | 0.4% | 0.4% | 0.5% | |
| Intangibles / Total assets | 4.1% | 4.7% | 4.8% | 5.6% | 6.2% | |
| Days sales outstanding | 69d | 68d | 62d | 73d | 69d | |
| Days payables outstanding | 138d | 119d | 90d | 91d | 89d | |
| Operating cycle | 119d | 121d | 122d | 149d | 133d | |
| Cash conversion cycle | -19d | 2d | 32d | 58d | 43d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-01 NiSource (NYSE:NI) Sets New 1-Year Low – Here’s Why Shares of NiSource, Inc (NYSE: NI - Get Free Report) hit a new 52-week low during trading on Tuesday. The stock traded as low as $38.86 and last traded at $38.9010, with a volume of 172 shares traded. The stock had previously closed at $39.10. Analysts Set New Price Targets A number of research analysts have
- 2026-09-18 NiSource: Attractive Despite Data Center And Storm Recovery Concerns NiSource remains a "Buy" despite recent underperformance, with shares down 14% since July amid concerns about the summer storm response and data center growth. Storm-related costs are manageable, with potential EPS impact of just $0.02–$0.03, and NI expected to maintain strong regulatory relationships. NI''s data center growth pipeline remains robust, with 4 GW contracted and another 3 GW advancing, though political pushback may slow incremental expansion.
- 2026-09-18 3,628,102 Shares in NiSource, Inc $NI Bought by Bank of America Corp DE Bank of America Corp DE purchased a new position in shares of NiSource, Inc (NYSE: NI) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,628,102 shares of the utilities provider''s stock, valued at approximately $172,516,000. Bank of America Corp DE owned 0.76%
- 2026-09-10 NiSource releases 2025 Sustainability Report, highlighting progress to shape a more sustainable energy future MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today released its 2025 Sustainability Report, Energizing a Sustainable Future, outlining achievements that help shape a safer, more resilient energy environment for the customers and communities we serve. In 2025, NiSource continued to connect day-to-day operations with long-term sustainability goals to drive value for customers and shareholders. Among the key achievements, we reduced environmental impacts across our operating footp.
- 2026-09-10 Amundi Has $85.04 Million Stock Holdings in NiSource, Inc $NI Amundi lifted its stake in NiSource, Inc (NYSE: NI) by 94.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,788,427 shares of the utilities provider''s stock after acquiring an additional 868,121 shares during the quarter. Amundi owned approximately 0.37% of
- 2026-09-04 Why Is NiSource (NI) Down 4% Since Last Earnings Report? NiSource (NI) reported earnings 30 days ago. What''s next for the stock?
- 2026-08-29 Archer Investment Corp Makes New Investment in NiSource, Inc $NI Archer Investment Corp acquired a new stake in NiSource, Inc (NYSE: NI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 13,537 shares of the utilities provider''s stock, valued at approximately $644,000. Other hedge funds and other institutional investors also recently made changes
- 2026-08-26 Top 3 Utilities Stocks That May Rocket Higher This Quarter The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.
- 2026-08-24 Critical Contrast: A2A (OTCMKTS:AEMMY) versus NiSource (NYSE:NI) NiSource (NYSE: NI - Get Free Report) and A2A (OTCMKTS:AEMMY - Get Free Report) are both utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability. Institutional and Insider Ownership 91.6% of NiSource shares are held
- 2026-08-24 Bank of Nova Scotia Makes New $24.52 Million Investment in NiSource, Inc $NI Bank of Nova Scotia purchased a new position in shares of NiSource, Inc (NYSE: NI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 515,756 shares of the utilities provider''s stock, valued at approximately $24,524,000. Bank of Nova Scotia owned 0.11% of