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%
CHARTED
Filings
FY 2021 → FY 2025 · following the period bar 20 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 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 |
All 20 filings
10-Q Q2 2024 2024-08-07 Pro → 10-Q Q1 2024 2024-05-08 Pro → 10-K FY 2023 2024-02-21 Pro → 10-Q Q3 2023 2023-11-01 Pro → 10-Q Q2 2023 2023-08-02 Pro → 10-Q Q1 2023 2023-05-03 Pro → 10-K FY 2022 2023-02-22 Pro → 10-Q Q3 2022 2022-11-07 Pro → 10-Q Q2 2022 2022-08-03 Pro → 10-Q Q1 2022 2022-05-04 Pro → 10-K FY 2021 2022-02-23 Pro → 10-Q Q3 2021 2021-11-03 Pro → 10-Q Q2 2021 2021-08-04 Pro → 10-Q Q1 2021 2021-05-05 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 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 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 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 |
EBITDA
| Period | Period end | EBITDA |
|---|---|---|
| FY 2021 | 2021-12-31 | $1.8B |
| FY 2022 | 2022-12-31 | $2.1B |
| FY 2023 | 2023-12-31 | $2.2B |
| FY 2024 | 2024-12-31 | $2.5B |
| FY 2025 | 2025-12-31 | $3.0B |
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 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 |