NYSE · Regulated Gas

NI (NI) Stock

$40.97 +0.11% NYSE: NI Utilities

Valuation

MetricValue
Price$40.97
Market Cap$19.64B
P/E Ratio23.24
P/B Ratio2.37
P/S Ratio3.34
EPS (TTM)$2.01
52-Week High$49.00
52-Week Low$38.45
Dividend Yield2.44%

Financials & Margins

MetricValue
ROE9.11%
ROA3.39%
ROCE15.74%
Gross Margin27.63%
Operating Margin27.63%
Net Margin14.10%
Debt/Equity1.74
Current Ratio0.69

Annual Financials (USD)

Metric20212022202320242025
Revenue$4.9B$5.9B$5.5B$5.5B$6.6B
Operating Profit$1.0B$1.3B$1.3B$1.5B$1.8B
Net Profit$585.0M$804.0M$714.0M$760.0M$930.0M
EPS$1.27$1.70$1.48$1.62$1.95
Op Margin20.6%21.6%23.5%26.7%27.6%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$24.2B$26.7B$31.1B$31.8B$36.6B
Total Liabilities$16.9B$18.8B$20.9B$21.1B$24.9B
Cash$84.0M$41.0M$2.2B$157.0M$136.0M
Borrowings$10.0B$11.5B$14.1B$14.0B$16.2B

Latest News

Top Analyst Reports for Amazon.com, Walmart & American Express Zacks · Jul 7, 2026 What Makes NiSource (NI) a New Buy Stock Zacks · Jul 7, 2026 Palantir, Chevron upgraded: Wall Street's top analyst calls The Fly · Jul 2, 2026 NiSource Presents Above-Peer EPS Growth, Favorable Data Center Setup in Indiana, RBC Says MT Newswires · Jul 2, 2026 Indiana Just Cleared the Full Legal and Regulatory Framework for Amazon’s (AMZN) Data Center Expansion Insider Monkey · Jun 29, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$1.2B$1.4B$1.9B$1.8B$2.4B
Investing Cash Flow$-4.0B$-4.8B$-6.2B$-5.9B$-7.1B
Financing Cash Flow$186.0M$-64.0M$1.9B$-34.0M$-89.0M
Net Cash Flow$-31.0M$-19.0M$2.2B$-2.1B$-63.0M
Free Cash Flow$-620.0M$-794.0M$-711.0M$-861.0M$-420.0M

Valuation & Return Ratios

MetricValue
PEG Ratio104.50
EV / EBITDA12.99
FCF Yield-3.66%
Quick Ratio0.56
Interest Coverage2.87
Return 1Y-1.15%
Return 3Y66.50%
Return 5Y94.95%

Ownership

Insiders Held0.35%
Institutions Held98.81%
Institutions Float Held99.16%
Institutional HolderSharesReport Date
Blackrock Inc.51,474,8462026-03-31
T. Rowe Price Investment Management, Inc.49,815,0152026-03-31
Vanguard Capital Management LLC31,142,7952026-03-31
State Street Corporation27,102,4222026-03-31
Vanguard Portfolio Management LLC26,980,9552026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ATO $167.70 +0.95% 19.63 $27.99B 2.40%
CMS $67.96 -0.15% 21.10 $21.31B 2.96%
EBRAXIA Energia S.A. $9.20 -2.65% 12.98 $20.68B 14.89%
EBR-BCentrais Elétricas Brasileiras S.A. - Eletrobrás $11.68 +0.69% -18.50 $24.82B 13.27%
EIX $58.80 +8.93% 8.24 $22.63B 4.61%

About NI

NI is led by CEO Lloyd Yates, employs 7,687 people, headquartered in Merrillville, US, publicly traded since 1962.

NI stock trades at $40.97 with a market capitalization of $19.64B. The stock is valued at a price-to-earnings (P/E) ratio of 23.24, price-to-book of 2.37, price-to-sales of 3.34. Over the past 52 weeks the stock has ranged between $38.45 and $49.00, and currently trades 16.4% below its 52-week high. It pays a dividend yielding 2.44%.

On profitability, NI generates a return on equity (ROE) of 9.11%, return on capital employed of 15.74%, an operating margin of 27.63%, a net profit margin of 14.10%.

In its most recent fiscal year, NI reported annual revenue of $6.6B, net profit of $930.0M, revenue has compounded at 7.2% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 1.74, a current ratio of 0.69, total assets of $36.6B, $136.0M in cash and equivalents.

NI has an average daily trading volume of 5,016,316 shares, a beta of 0.55 (less volatile than the overall market).

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