NiSource Income Tax Expense from 2010 to 2024

NI Stock  USD 37.95  0.24  0.64%   
NiSource's Income Tax Expense is decreasing with very volatile movements from year to year. Income Tax Expense is predicted to flatten to about 101.2 M. For the period between 2010 and 2024, NiSource, Income Tax Expense quarterly trend regression had median of  141,300,000 and r-value of (0.10). View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
17.6 M
Current Value
15.9 M
Quarterly Volatility
52.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NiSource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NiSource's main balance sheet or income statement drivers, such as Interest Expense of 514.1 M, Total Revenue of 5 B or Gross Profit of 3.5 B, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0393 or PTB Ratio of 0.7. NiSource financial statements analysis is a perfect complement when working with NiSource Valuation or Volatility modules.
  
Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

Latest NiSource's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of NiSource over the last few years. It is NiSource's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NiSource's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Very volatile
   Income Tax Expense   
       Timeline  

NiSource Income Tax Expense Regression Statistics

Arithmetic Mean128,760,564
Coefficient Of Variation108.15
Mean Deviation97,900,656
Median141,300,000
Standard Deviation139,253,748
Sample Variance19391.6T
Range494.5M
R-Value(0.10)
Mean Square Error20662.8T
R-Squared0.01
Significance0.72
Slope(3,199,074)
Total Sum of Squares271482.5T

NiSource Income Tax Expense History

2024101.2 M
2023139.5 M
2022164.6 M
2021117.8 M
2020-17.1 M
2019123.5 M
2018-180 M

About NiSource Financial Statements

Investors use fundamental indicators, such as NiSource's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although NiSource's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense139.5 M101.2 M

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Check out the analysis of NiSource Correlation against competitors.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.097
Dividend Share
1.06
Earnings Share
1.64
Revenue Per Share
11.933
Quarterly Revenue Growth
0.048
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.