NISOURCE INC.
NI Utilities · UtilitiesEach 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.
▼−24 over range · as of 2026-06-30
Revenue +3.4% YoY, earnings -55.5% YoY · sector avg 73
▲+6 over range · as of 2026-06-30
3.5% net margin, 8% return on equity, -10% free-cash-flow margin, profitable in 8 of last 8 quarters · sector avg 51
▲+2 over range · as of 2026-06-30
Net debt 5.5x EBITDA, 1x interest coverage, 0.5x current ratio · sector avg 65
Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $11.4B +0.4% Gross margin 86.5% +0.7pp Operating margin 16.4% −0.4pp Net margin 8.0% −0.5pp Net income $905.1M −5.9%Filings
TTM 24-09 → TTM 26-06 · following the period bar 3 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 | no filing | no filing | no filing | 10-K FY 2023 |
Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| TTM 24-09 | 2024-09-30 | $5.2B |
| TTM 24-12 | 2024-12-31 | $9.2B |
| TTM 25-03 | 2025-03-31 | $9.6B |
| TTM 25-06 | 2025-06-30 | $9.8B |
| TTM 25-09 | 2025-09-30 | $9.9B |
| TTM 25-12 | 2025-12-31 | $11.2B |
| TTM 26-03 | 2026-03-31 | $11.3B |
| TTM 26-06 | 2026-06-30 | $11.4B |
| Period | Period end | Net income |
|---|---|---|
| TTM 24-09 | 2024-09-30 | $773.9M |
| TTM 24-12 | 2024-12-31 | $760.4M |
| TTM 25-03 | 2025-03-31 | $870.2M |
| TTM 25-06 | 2025-06-30 | $886.6M |
| TTM 25-09 | 2025-09-30 | $895.6M |
| TTM 25-12 | 2025-12-31 | $929.5M |
| TTM 26-03 | 2026-03-31 | $961.8M |
| TTM 26-06 | 2026-06-30 | $905.1M |
| Period | Period end | Operating income |
|---|---|---|
| TTM 24-09 | 2024-09-30 | $1.4B |
| TTM 24-12 | 2024-12-31 | $1.5B |
| TTM 25-03 | 2025-03-31 | $1.6B |
| TTM 25-06 | 2025-06-30 | $1.7B |
| TTM 25-09 | 2025-09-30 | $1.7B |
| TTM 25-12 | 2025-12-31 | $1.8B |
| TTM 26-03 | 2026-03-31 | $1.9B |
| TTM 26-06 | 2026-06-30 | $1.9B |
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.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 24-09 | 2024-09-30 | 46 | 26 | 21 |
| TTM 24-12 | 2024-12-31 | 67 | 33 | 53 |
| TTM 25-03 | 2025-03-31 | 81 | 54 | 55 |
| TTM 25-06 | 2025-06-30 | 71 | 39 | 35 |
| TTM 25-09 | 2025-09-30 | 66 | 33 | 22 |
| TTM 25-12 | 2025-12-31 | 77 | 35 | 57 |
| TTM 26-03 | 2026-03-31 | 36 | 53 | 55 |
| TTM 26-06 | 2026-06-30 | 21 | 32 | 23 |