Score Your Stock

US stock · figures in US dollars · scored on full-year results

NiSource NiSource Inc Common Stock

NI · Utilities · Utilities - Regulated Gas
Bottom 5% of scored stocks
WeakBottom 5% of scored stocks
Weak Spot

NiSource scores 33/100 on fundamentals: in the bottom 5% of 503 scored S&P 500 stocks. Its strongest area is Risk (67/100); its weakest is Price Fairness (0/100). It carries 1 warning flag: Weak Spot.

Best
Risk 67
Weakest
Price 0
  • Carries a Weak Spot flag

A financially stretched, expensively priced stock, but price fairness needs attention.

What looks good
What to watch
Mkt capUS$ 21.4b#393 of 503 in the S&P 500EPSUS$ 1.95P/E23.6×✗ vs sector median 21.2×P/B2.2×✗ vs sector median 2.1×Div yield3%✓ Top 23% in the S&P 50052w range · 57% of range38.4249.21
as of 31 Oct 2026

Nearby peers

Ranks #28 of 31 in Utilities by score

#1Edison International61#26DTE Energy34#27Entergy34
#28NiSource33
#29Sempra33#30CMS Energy30

One-Minute Summary

Why NiSource scores 33

A financially stretched, expensively priced stock, but price fairness needs attention.

What looks good
What to watch

Business Strength

50
Why 50?
Pillar score: (1 + 1 + 2 + 1 + 0) = 5 of 10 points → 50
Return on Equity (ROE)9%Okay4-Year Revenue Growth+8%/yrOkay4-Year Profit Growth+8%/yrStrongNet Profit Margin13%OkayQuarterly Momentum-30%Weak
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +26.7%Equity ↑ +15.8%ROE % 9.5%
Net ProfitEquityROE %
714m760m930m905m8.3b8.7b9.5b9.6b202320242025TTM8.6%8.8%9.8%9.5%

Revenue & Net Profit, with Net Margin

Revenue ↑ +25%Net Profit ↑ +26.7%Net Margin % 13.2%
RevenueNet ProfitNet Margin %
5.5b5.5b6.6b6.9b714m760m930m905m202320242025TTM13%13.9%14%13.2%

Sales grew about 25% over 4 years: customers keep spending more with this company.

Profit climbed about 26.7% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +28.3%Net Profit ↓ -46.9%Net Margin % 3.4%
RevenueNet ProfitNet Margin %
1.0b5.3b2.1b1.3b1.3b1.9b2.4b1.3b86m224m475m102m95m258m507m46mQ3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'268.2%4.2%22.1%8%7.4%13.5%21.5%3.4%
▬▼▲▲▲▲▲▼

Sales grew about 28.3% over the last 8 quarters: customers keep spending more with this company.

Profit fell about 46.9% over the last 8 quarters.

Why 17?
Pillar score: (0 + 0 + 1) = 1 of 6 points → 17
Debt-to-Equity1.8×WeakCurrent Ratio0.5×WeakInterest Coverage2.5×Okay
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↑ +23.2%Equity ↑ +15.8%D/E 1.8×
Total DebtEquityD/E
14.1b14.0b16.2b17.4b8.3b8.7b9.5b9.6b202320242025TTM1.7×1.6×1.7×1.8×

Borrowings grew about 23.2% over 4 years: watch this; rising debt adds pressure in bad times.

Short-term assets vs bills, with Current Ratio

Current Assets ↓ -51.1%Current Liabilities ↓ -16.2%Current Ratio 0.5×
Current AssetsCurrent LiabilitiesCurrent Ratio
4.5b2.1b2.4b2.2b5.3b4.1b3.5b4.4b202320242025TTM0.9×0.5×0.7×0.5×
Why 25?
Pillar score: (0 + 2 + 0 + 0) = 2 of 8 points → 25
Dividend Quality3%Weak
Payout ratio: 62%
Operating Cash FlowPositive & growingStrongFree Cash FlowNegative recentlyWeakCash & Cash EquivalentsShrinking & thinWeak
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +19%Free CF ↓ -105.4%
Operating CFFree CF
1.9b1.8b2.4b2.3b-711m-861m-794m-1.5b202320242025TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↓ -96.9%Short-Term Debt ↓ -41.7%Total Debt ↑ +23.2%
CashShort-Term DebtTotal Debt
2.2b157m110m70m3.1b1.9b756m1.8b14.1b14.0b16.2b17.4b202320242025TTM

Dividends per Share, with Yield

DPS (cents) ↓ -4.7%Yield % 2.7%
DPS (cents)Yield %
23.523.523.5252526.526.5282828117.510010611220222023202420254.7%4.1%3.7%2.7%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 0?
Pillar score: (0 + 0 + 0) = 0 of 6 points → 0
P/E Ratio23.6×WeakP/B Ratio2.2×WeakPEG Ratio2.9Weak
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 48.75US$ 44.09US$ 39.42Oct '25Feb '26Jun '26Oct '26

The share price is up about 8% over the past year.

Why 67?
Pillar score: (2 + 0 + 1 + 2 + 1 + 2) = 8 of 12 points → 67
Earnings ConsistencySteadyStrongDebt Trend (4yr)RisingWeakShare Count Trend (4yr)+2%/yrOkayInventory vs Sales (4yr)-14.4 pp/yr vs salesStrongAsset Turnover Trend (4yr)+3.5%OkayQuarterly Consistency1 of 4 quarters downStrong
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +25%Inventory ↓ -18.8%Inv. % of Rev. 5.9%
RevenueInventoryInv. % of Rev.
5.5b5.5b6.6b6.9b503m389m450m408m202320242025TTM9.1%7.1%6.8%5.9%
Ranks #28 of 31 in Utilities by score

Sector peers

#1Edison International61#26DTE Energy34#27Entergy34
#28NiSource (you)33
#29Sempra33#30CMS Energy30

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B RatioPEG Ratio
2026US$ 6.9bUS$ 905.1mUS$ 2.3bUS$ -1.5bUS$ -3.8bUS$ 70.0mUS$ 17.4bUS$ 1.8bUS$ 9.6bUS$ 2.2bUS$ 4.4bUS$ 37.5bUS$ 25.6bUS$ 408.4m-9%13%1.8×0.5×2.5×62%----
2025US$ 6.6bUS$ 929.5mUS$ 2.4bUS$ -793.8mUS$ -3.2bUS$ 110.1mUS$ 16.2bUS$ 755.7mUS$ 9.5bUS$ 2.4bUS$ 3.5bUS$ 35.9bUS$ 24.2bUS$ 449.5mUS$ 112.0m10%14%1.7×0.7×2.8×57%3%21.3×2.1×4.3
2024US$ 5.5bUS$ 760.4mUS$ 1.8bUS$ -861.5mUS$ -2.6bUS$ 156.6mUS$ 14.0bUS$ 1.9bUS$ 8.7bUS$ 2.1bUS$ 4.1bUS$ 31.8bUS$ 21.1bUS$ 389.1mUS$ 106.0m9%14%1.6×0.5×2.9×64%3%21.3×1.9×2.3
2023US$ 5.5bUS$ 714.3mUS$ 1.9bUS$ -710.7mUS$ -2.6bUS$ 2.2bUS$ 14.1bUS$ 3.1bUS$ 8.3bUS$ 4.5bUS$ 5.3bUS$ 31.1bUS$ 20.9bUS$ 503.2mUS$ 100.0m9%13%1.7×0.9×2.6×64%4%15.3×1.3×-