NI
NISOURCE INC.
NI Utilities · Utilities
Latest period 2026-06-30 · 38 filings on record
SHOWING
Fiscal years as the company filed them — each point is one closed year from its 10-K, ending on that year's own close. A year with no 10-K on file is assembled from its four quarters and labelled by its ending date instead; a year still open gets no column at all.
Ranked against Utilities · 35 peers
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
Growth
77th pct
▲+50 over range · as of 2025-12-31
Quality
35th pct
▼−14 over range · as of 2025-12-31
Safety
57th pct
▼−12 over range · as of 2025-12-31
OVERVIEWYoY Δ
Latest fiscal year · ending 2025-12-31 · green = improving · click a row to chart it
Revenue $6.5B +23.5% Gross margin 75.7% −2.9pp Operating margin 28.1% +0.6pp Net margin 14.3% −0.1pp Net income $929.5M +22.2%
Debt / equity
1.39
+6.3%
EPS (diluted)
$1.95
+20.4%
EBITDA
$3.0B
+20.2%
Filings
Full history 7 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 7 filings
10-Q Q2 2020 2020-08-05 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Fiscal years as the company filed them
Revenue
| Period | Period end | Revenue |
|---|---|---|
| FY 2010 | 2010-12-31 | $6.4B |
| FY 2011 | 2011-12-31 | $5.8B |
| FY 2012 | 2012-12-31 | $5.0B |
| FY 2013 | 2013-12-31 | $4.6B |
| FY 2014 | 2014-12-31 | $5.3B |
| FY 2015 | 2015-12-31 | $4.7B |
| FY 2016 | 2016-12-31 | $4.5B |
| FY 2017 | 2017-12-31 | $4.9B |
| FY 2018 | 2018-12-31 | $5.0B |
| FY 2019 | 2019-12-31 | $5.1B |
| FY 2020 | 2020-12-31 | $4.5B |
| FY 2021 | 2021-12-31 | $4.7B |
| FY 2022 | 2022-12-31 | $5.7B |
| FY 2023 | 2023-12-31 | $5.3B |
| FY 2024 | 2024-12-31 | $5.3B |
| FY 2025 | 2025-12-31 | $6.5B |
Net income
| Period | Period end | Net income |
|---|---|---|
| FY 2010 | 2010-12-31 | $282.6M |
| FY 2011 | 2011-12-31 | $299.1M |
| FY 2012 | 2012-12-31 | $416.1M |
| FY 2013 | 2013-12-31 | $532.1M |
| FY 2014 | 2014-12-31 | $530.0M |
| FY 2015 | 2015-12-31 | $286.5M |
| FY 2016 | 2016-12-31 | $331.5M |
| FY 2017 | 2017-12-31 | $128.5M |
| FY 2018 | 2018-12-31 | -$50.6M |
| FY 2019 | 2019-12-31 | $383.1M |
| FY 2020 | 2020-12-31 | -$17.6M |
| FY 2021 | 2021-12-31 | $584.9M |
| FY 2022 | 2022-12-31 | $804.1M |
| FY 2023 | 2023-12-31 | $714.3M |
| FY 2024 | 2024-12-31 | $760.4M |
| FY 2025 | 2025-12-31 | $929.5M |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| FY 2010 | 2010-12-31 | $891.8M |
| FY 2011 | 2011-12-31 | $914.4M |
| FY 2012 | 2012-12-31 | $1.0B |
| FY 2013 | 2013-12-31 | $698.1M |
| FY 2014 | 2014-12-31 | $789.1M |
| FY 2015 | 2015-12-31 | $799.9M |
| FY 2016 | 2016-12-31 | $866.1M |
| FY 2017 | 2017-12-31 | $921.2M |
| FY 2018 | 2018-12-31 | $124.7M |
| FY 2019 | 2019-12-31 | $890.7M |
| FY 2020 | 2020-12-31 | $550.8M |
| FY 2021 | 2021-12-31 | $1.0B |
| FY 2022 | 2022-12-31 | $1.3B |
| FY 2023 | 2023-12-31 | $1.3B |
| FY 2024 | 2024-12-31 | $1.5B |
| FY 2025 | 2025-12-31 | $1.8B |
ZOOM
FY 2010
FY 2025
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
77
Quality
35
Safety
57
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| FY 2010 | 2010-12-31 | not scored | not scored | not scored |
| FY 2011 | 2011-12-31 | not scored | not scored | not scored |
| FY 2012 | 2012-12-31 | not scored | not scored | not scored |
| FY 2013 | 2013-12-31 | not scored | not scored | not scored |
| FY 2014 | 2014-12-31 | not scored | not scored | not scored |
| FY 2015 | 2015-12-31 | not scored | not scored | not scored |
| FY 2016 | 2016-12-31 | not scored | not scored | not scored |
| FY 2017 | 2017-12-31 | not scored | not scored | not scored |
| FY 2018 | 2018-12-31 | not scored | not scored | not scored |
| FY 2019 | 2019-12-31 | not scored | not scored | not scored |
| FY 2020 | 2020-12-31 | not scored | not scored | not scored |
| FY 2021 | 2021-12-31 | not scored | not scored | not scored |
| FY 2022 | 2022-12-31 | not scored | not scored | not scored |
| FY 2023 | 2023-12-31 | 27 | 50 | 69 |
| FY 2024 | 2024-12-31 | 67 | 33 | 53 |
| FY 2025 | 2025-12-31 | 77 | 35 | 57 |