NiSource Inc

Chart & Performance

D1W1MN

P/E

24.02

P/S

3.12

EPS

1.53

Div Yield, %

2.67%

Shrs. gr., 5y

4.67%

Rev. gr., 5y

1.48%

Revenues

5.51b

-5.90%

Net income

714m

-11.17%

CFO

1.94b

+37.30%

Dividend

Oct 31, 20240.265 USD/sh

Earnings

Feb 19, 2025

Profile

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

URL

https://www.nisource.com/

IPO date

Dec 19, 1962

Employees

7,117

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	5,505,400 -5.90%	5,850,600 19.41%	4,899,600 4.65%
Cost of revenue	3,040,900	5,089,300	4,304,300
Unusual Expense (Income)
NOPBT	2,464,500	761,300	595,300
NOPBT Margin	44.77%	13.01%	12.15%
Operating Taxes	139,500	164,600	117,800
Tax Rate	5.66%	21.62%	19.79%
NOPAT	2,325,000	596,700	477,500
Net income	714,300 -11.17%	804,100 37.48%	584,900 -4,219.01%
Dividends	(457,300)	(436,600)	(400,300)
Dividend yield	3.85%	3.60%	3.47%
Proceeds from repurchase of equity	12,900	154,300	1,196,500
BB yield	-0.11%	-1.27%	-10.38%
Debt
Debt current	3,104,500	2,139,100	618,100
Long-term debt	11,288,700	9,735,000	9,403,600
Deferred revenue			2,604,800
Other long-term liabilities	4,594,500	2,796,200	690,200
Net debt	11,900,700	11,609,100	9,677,800
Cash flow
Cash from operating activities	1,935,100	1,409,400	1,217,900
CAPEX	(2,645,800)	(2,203,100)	(1,838,000)
Cash from investing activities	(3,571,600)	(2,570,200)	(2,204,900)
Cash from financing activities	3,842,200	1,141,300	956,300
FCF	(725,300)	(1,452,400)	(645,400)
Balance
Cash	2,245,400	40,800	84,200
Long term investments	247,100	224,200	259,700
Excess cash	2,217,230		98,920
Stockholders' equity	1,356,700	626,400	168,500
Invested Capital	27,559,900	22,114,500	19,993,380
ROIC	9.36%	2.83%	2.42%
ROCE	8.52%	3.18%	2.74%
EV
Common stock shares outstanding	447,900	442,700	417,300
Price	26.55 -3.17%	27.42 -0.69%	27.61 20.36%
Market cap	11,891,745 -2.04%	12,138,834 5.36%	11,521,653 30.68%
EV	26,145,245	25,620,834	23,071,553
EBITDA	3,372,700	1,582,100	1,343,700
EV/EBITDA	7.75	16.19	17.17
Interest	489,600	360,500	332,400
Interest/NOPBT	19.87%	47.35%	55.84%