← Russell 3000 cross-section

NI NISOURCE INC.

Trailing twelve months to 2026-06-30 · as filed 2026-08-05, not restated
Utilities

Scale

Market cap
$19.6bn
Revenue TTM
$11.4bn
Net income TTM
$905m
Free cash flow
$-1.1bn
Composite score
76.7
Sector rank
#458

Valuation

P / E
21.6
EV / EBITDA
6.4
EV / sales
1.8
FCF yield
-5.55%
Earnings yield vs 10-yr
-0.11pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
8.0%
EBITDA margin
27.5%
ROE
9.4%
ROIC
18.2%
Revenue growth
17.0%

Insider activity, last 90 days

Net open-market
$-1.59m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

During the heating season, primarily from November through March, revenues and receivables from gas sales are more significant than in other months. The increase was primarily attributable to consideration received in advance under a customer arrangement. We expect that substantially all customer accounts receivable will be collected following customer billing, as this revenue consists primarily of periodic, tariff-based billings for service and usage. …NISOURCE INC., 10-Q, period ended 2026-06-30, filed 2026-08-05

Read the full passage →