NI

NiSource

Utilities Utilities - Regulated Gas NYSE

About the company

In addition to being a leading natural gas distribution company, NiSource also operates an electric utility that plays a vital role in supplying power to communities in northern Indiana. With a customer base of approximately 500,000, NiSource's electric utility ensures the reliable transmission and distribution of electricity to homes, businesses, and industries in the region. NiSource's electric utility has made significant investments in their generation capacity, owning more than 3,000 megawatts. Historically, much of this capacity has come from coal-fired power plants. However, the company is actively transitioning to cleaner and more sustainable energy sources, such as natural gas and renewables. Recognizing the need to reduce its carbon footprint and contribute to a cleaner energy future, NiSource has undertaken various initiatives to phase out coal-fired generation. This strategic shift involves retiring older coal plants and replacing them with new, more efficient natural gas facilities, as well as increasing renewable energy installations. By embracing these cleaner energy sources, NiSource aims to reduce greenhouse gas emissions and promote environmental sustainability. The transition to natural gas and renewables benefits not only the environment but also the customers. Natural gas-fired power plants emit significantly less greenhouse gases than coal plants, resulting in improved air quality and reduced carbon emissions. Moreover, by diversifying its energy portfolio with renewables, NiSource becomes better positioned to withstand potential fuel price fluctuations and contribute to greater energy affordability and stability for its customers. To support its renewable energy ambitions, NiSource has been actively seeking partnerships with renewable energy developers, engaging in power purchase agreements, and exploring opportunities for solar and wind energy projects. These collaborations help facilitate the development of clean energy infrastructure and foster the growth of the renewable energy sector. An additional benefit of NiSource's transition to cleaner energy sources is the potential for job creation. As the company invests in building new natural gas and renewable energy facilities, it contributes to the growth of construction and manufacturing sectors, creating employment opportunities and driving economic development in the communities it serves. Furthermore, NiSource is committed to maintaining a strong and resilient grid infrastructure. By continuously upgrading its transmission and distribution systems, the company ensures reliable power delivery, reducing the risk of outages and improving overall system performance. These investments in grid modernization technologies and techniques also enhance the grid's ability to integrate renewable energy sources, such as solar and wind power, effectively. Overall, NiSource's efforts to transition from coal to natural gas and renewables demonstrate its commitment to sustainability, customer satisfaction, and community well-being. By embracing cleaner energy sources, the company not only reduces its environmental impact but also enhances energy reliability, affordability, and economic growth in the regions it serves. As NiSource continues to invest in greener energy solutions and grid modernization, it sets an example for other utility companies to follow, encouraging the adoption of cleaner and more sustainable energy practices throughout the industry.

Website: https://www.nisource.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Utilities · 120 peers in sector

Metric NI Sector median Vs. industry
P/E 22.44 19.39 ↑ Above average
EPS 2.01 USD 1.73 USD ↑ Above average
Dividend yield 1.86% 2.88% ↓ Below average
Profit margin 14.10% 10.62% ↑ Above average
ROE 9.11% 8.13% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is NiSource?
In addition to being a leading natural gas distribution company, NiSource also operates an electric utility that plays a vital role in supplying power to communities in northern Indiana. With a customer base of approximately 500,000, NiSource's electric utility ensures the reliable transmission and distribution of electricity to homes, businesses, and industries in the region. NiSource's electric utility has made significant investments in their generation capacity, owning more than 3,000 megawatts. Historically, much of this capacity has come from coal-fired power plants. However, the company is actively transitioning to cleaner and more sustainable energy sources, such as natural gas and renewables. Recognizing the need to reduce its carbon footprint and contribute to a cleaner energy future, NiSource has undertaken various initiatives to phase out coal-fired generation. This strategic shift involves retiring older coal plants and replacing them with new, more efficient natural gas facilities, as well as increasing renewable energy installations. By embracing these cleaner energy sources, NiSource aims to reduce greenhouse gas emissions and promote environmental sustainability. The transition to natural gas and renewables benefits not only the environment but also the customers. Natural gas-fired power plants emit significantly less greenhouse gases than coal plants, resulting in improved air quality and reduced carbon emissions. Moreover, by diversifying its energy portfolio with renewables, NiSource becomes better positioned to withstand potential fuel price fluctuations and contribute to greater energy affordability and stability for its customers. To support its renewable energy ambitions, NiSource has been actively seeking partnerships with renewable energy developers, engaging in power purchase agreements, and exploring opportunities for solar and wind energy projects. These collaborations help facilitate the development of clean energy infrastructure and foster the growth of the renewable energy sector. An additional benefit of NiSource's transition to cleaner energy sources is the potential for job creation. As the company invests in building new natural gas and renewable energy facilities, it contributes to the growth of construction and manufacturing sectors, creating employment opportunities and driving economic development in the communities it serves. Furthermore, NiSource is committed to maintaining a strong and resilient grid infrastructure. By continuously upgrading its transmission and distribution systems, the company ensures reliable power delivery, reducing the risk of outages and improving overall system performance. These investments in grid modernization technologies and techniques also enhance the grid's ability to integrate renewable energy sources, such as solar and wind power, effectively. Overall, NiSource's efforts to transition from coal to natural gas and renewables demonstrate its commitment to sustainability, customer satisfaction, and community well-being. By embracing cleaner energy sources, the company not only reduces its environmental impact but also enhances energy reliability, affordability, and economic growth in the regions it serves. As NiSource continues to invest in greener energy solutions and grid modernization, it sets an example for other utility companies to follow, encouraging the adoption of cleaner and more sustainable energy practices throughout the industry.
Are NiSource shares expensive?
The price-to-earnings (P/E) ratio of NiSource is 22.44 — the share price is 22.44 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 19.39). This is information, not a recommendation. (as of 2026-06-02)
How big is NiSource?
The market capitalization of NiSource — the combined value of all its shares — is 21.62 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does NiSource pay dividends?
The dividend yield of NiSource is 1.86% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does NiSource belong to?
NiSource operates in the Utilities sector, industry: Utilities - Regulated Gas.

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