NiSource Financials

NOU Stock

EUR 38.40 1.20 3.03%

Financial data analysis helps to check out if markets are presently mispricing NiSource. We were able to interpolate thirty-six available fundamentals for NiSource, which can be compared to its peers in the industry. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of NiSource to be traded at €36.86 in 90 days.

Covid

Interest Hikes

NiSource Balance Sheet Chart

At this time, NiSource's Long Term Investments are most likely to increase significantly in the upcoming years. The NiSource's current Total Current Assets is estimated to increase to about 2.4 B, while Other Current Liabilities is projected to decrease to roughly 128.7 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Key indicators impacting NiSource's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Operating Income

1.1 B

1.7 B

Way Down

Slightly volatile

NiSource Stock Summary

NiSource competes with Wheaton Precious, Guangzhou Automobile, HWA AG, SYSTEMAIR, and SHIMANO INC. NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana. NISOURCE INC operates under Utilities - Regulated Gas classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8087 people.

Foreign Associate	Canada
Specialization	Utilities, Utilities - Regulated Gas
Instrument	Germany Stock View All
Exchange	Frankfurt Exchange
ISIN	US65473P1057
Business Address	801 East 86th
Sector	Gas Utilities
Industry	Utilities
Benchmark	Dow Jones Industrial
Website	www.nisource.com
Phone	614 460 6000
Currency	EUR - Euro

You should never invest in NiSource without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NiSource Stock, because this is throwing your money away. Analyzing the key information contained in NiSource's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

NiSource Key Financial Ratios

There are many critical financial ratios that NiSource's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NiSource reports annually and quarterly.

	Revenue	5.46 B
	Gross Profit	3.36 B
	EBITDA	2.89 B
	Net Income	739.7 M
	Total Asset	31.79 B

More Fundamentals

NiSource Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	24.2B	26.7B	31.1B	31.8B	36.6B	26.1B
Other Current Liab	760.5M	1.3B	278.6M	150.5M	135.5M	128.7M
Other Liab	4.9B	4.6B	4.9B	4.6B	4.2B	4.0B
Net Tangible Assets	3.6B	3.4B	3.9B	4.5B	5.2B	3.6B
Retained Earnings	(1.6B)	(1.2B)	(967M)	(711.7M)	(640.5M)	(672.6M)
Accounts Payable	697.8M	899.5M	749.4M	863.1M	992.6M	755.7M
Cash	84.2M	40.8M	2.2B	156.6M	180.1M	299.1M
Other Assets	2.3B	2.2B	2.7B	2.7B	2.4B	2.4B
Long Term Debt	9.2B	9.5B	11.1B	12.1B	13.9B	9.4B
Net Receivables	825.6M	1.0B	862M	964.2M	1.1B	996.5M
Inventory	498.7M	751.9M	503.2M	389.1M	350.2M	398.5M
Other Current Assets	227.5M	430.4M	332.9M	344.1M	395.7M	335.2M
Total Liab	16.9B	18.8B	20.9B	21.1B	24.3B	18.9B
Short Long Term Debt	618.1M	2.1B	3.1B	1.9B	2.2B	1.6B
Total Current Assets	1.9B	2.6B	4.5B	2.1B	2.4B	2.4B
Net Debt	9.7B	11.6B	11.9B	13.8B	15.9B	11.6B
Net Invested Capital	15.2B	17.7B	21.9B	22.6B	26.0B	18.4B
Net Working Capital	(825.4M)	(2.1B)	(765.7M)	(2.0B)	(2.3B)	(2.5B)
Capital Stock	1.6B	1.6B	490.6M	4.7M	4.2M	4.0M

NiSource Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.

	2021	2022	2023	2024	2025	2026 (projected)
Interest Expense	332.4M	360.5M	501.2M	523.1M	601.6M	631.6M
Total Revenue	4.9B	5.9B	5.5B	5.5B	6.3B	5.6B
Gross Profit	2.1B	2.3B	2.5B	2.8B	3.2B	2.2B
Operating Income	1.0B	1.2B	1.3B	1.5B	1.7B	1.1B
Ebit	1.3B	970.7M	1.1B	1.2B	1.4B	1.0B
Cost Of Revenue	2.8B	3.6B	3.0B	2.6B	2.4B	2.5B
Income Before Tax	706.6M	956.4M	813.9M	1.0B	1.2B	1.2B
Net Income	584.9M	804.1M	714.3M	760.4M	874.5M	445.5M
Income Tax Expense	123.5M	(17.1M)	117.8M	164.6M	148.1M	90.1M
Tax Provision	117.8M	164.6M	139.5M	158.1M	181.8M	122.6M
Net Interest Income	(337.1M)	(357.3M)	(480.6M)	(506.8M)	(456.1M)	(478.9M)
Interest Income	4M	4.3M	9M	10.4M	12.0M	6.8M
Ebitda	1.6B	1.0B	1.8B	2.1B	2.5B	1.6B
Minority Interest	(3.9M)	12.3M	39.9M	(84.3M)	(75.9M)	(72.1M)

NiSource Key Cash Accounts

Cash flow analysis captures how much money flows into and out of NiSource. It measures of how well NiSource is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money NiSource brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money NiSource had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what NiSource has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (capital allocation) and investing in non-business activities like paying off debt or making acquisitions.

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(112.9M)	(258.9M)	233.9M	102M	117.3M	123.2M
Change In Cash	(30.7M)	(19.5M)	28M	(2.1B)	(1.9B)	(1.8B)
Net Borrowings	31.3M	1.5B	2.7B	(240.1M)	(276.1M)	(262.3M)
Depreciation	689M	756.6M	867.1M	1.0B	1.2B	723.7M
Dividends Paid	400.3M	436.6M	460.7M	489.2M	562.6M	382.2M
Capital Expenditures	1.8B	2.2B	2.6B	2.6B	3.0B	2.0B
Net Income	529.8M	749M	661.7M	739.7M	850.7M	893.2M
Change To Netincome	557.9M	644.8M	145M	69.9M	62.9M	59.8M
Investments	(2.2B)	(2.6B)	(3.4B)	75.4M	67.9M	71.3M
End Period Cash Flow	94.9M	75.4M	106.6M	198.6M	228.4M	115.5M
Free Cash Flow	(620.1M)	(793.7M)	(656.6M)	(861.5M)	(990.7M)	(1.0B)

NiSource Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NiSource's current stock value. Our valuation model uses many indicators to compare NiSource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NiSource competition to find correlations between indicators driving NiSource's intrinsic value. More Info.

NiSource is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NiSource is roughly 2.69 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NiSource's earnings, one of the primary drivers of an investment's value.

NiSource Total Assets Over Time

Most indicators from NiSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NiSource current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.The NiSource's current Discontinued Operations is estimated to increase to about (85.5 K). The current Selling General Administrative is estimated to decrease to about 11.5 M

	2023	2024	2025	2026 (projected)
Gross Profit	2.5B	2.8B	3.2B	2.2B
Total Revenue	5.5B	5.5B	6.3B	5.6B

Gross Profit Total Revenue

NiSource fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Non Current Assets Total
Total Assets		-0.52	0.71	0.98	-0.28	0.87	0.09	0.76	0.4	0.04	0.95	0.5	-0.61	-0.21	0.34	0.19	0.99	0.72	0.19	0.43	0.58	0.26	-0.42	0.72	0.66	0.85
Other Current Liab	-0.52		-0.18	-0.46	0.71	-0.09	0.41	-0.41	-0.43	0.55	-0.63	-0.08	0.66	0.8	0.42	-0.14	-0.45	-0.58	-0.48	-0.56	-0.28	-0.55	0.7	-0.63	-0.63	-0.73
Total Current Liabilities	0.71	-0.18		0.67	-0.03	0.66	0.27	0.63	0.51	0.19	0.51	0.64	-0.24	0.17	0.5	0.62	0.75	0.38	0.0	0.56	0.77	0.08	-0.15	0.36	0.34	0.48
Total Stockholder Equity	0.98	-0.46	0.67		-0.33	0.89	0.0	0.81	0.37	-0.02	0.95	0.49	-0.66	-0.19	0.29	0.07	0.94	0.8	0.29	0.43	0.55	0.33	-0.48	0.79	0.72	0.87
Other Liab	-0.28	0.71	-0.03	-0.33		0.1	0.87	-0.53	-0.28	0.92	-0.48	-0.07	0.78	0.59	0.71	0.05	-0.16	-0.75	-0.81	-0.73	-0.14	-0.86	0.95	-0.81	-0.85	-0.72
Net Tangible Assets	0.87	-0.09	0.66	0.89	0.1		0.38	0.59	0.25	0.41	0.76	0.47	-0.4	0.13	0.65	-0.01	0.9	0.49	-0.01	0.1	0.52	-0.04	-0.1	0.46	0.38	0.55
Retained Earnings	0.09	0.41	0.27	0.0	0.87	0.38		-0.28	-0.18	0.97	-0.14	0.17	0.47	0.47	0.9	0.28	0.24	-0.57	-0.84	-0.6	0.06	-0.86	0.77	-0.59	-0.67	-0.41
Accounts Payable	0.76	-0.41	0.63	0.81	-0.53	0.59	-0.28		0.18	-0.31	0.75	0.78	-0.6	-0.26	0.0	0.21	0.71	0.82	0.49	0.66	0.36	0.61	-0.68	0.83	0.79	0.82
Cash	0.4	-0.43	0.51	0.37	-0.28	0.25	-0.18	0.18		-0.2	0.37	-0.11	-0.28	-0.11	-0.1	0.12	0.35	0.37	0.35	0.58	0.91	0.26	-0.27	0.35	0.39	0.37
Other Assets	0.04	0.55	0.19	-0.02	0.92	0.41	0.97	-0.31	-0.2		-0.18	0.12	0.5	0.54	0.9	0.09	0.17	-0.57	-0.79	-0.68	0.04	-0.86	0.8	-0.6	-0.69	-0.48
Long Term Debt	0.95	-0.63	0.51	0.95	-0.48	0.76	-0.14	0.75	0.37	-0.18		0.37	-0.73	-0.36	0.1	0.0	0.9	0.82	0.38	0.46	0.47	0.43	-0.58	0.84	0.8	0.93
Net Receivables	0.5	-0.08	0.64	0.49	-0.07	0.47	0.17	0.78	-0.11	0.12	0.37		-0.18	-0.06	0.32	0.41	0.54	0.3	0.09	0.35	0.16	0.22	-0.28	0.35	0.27	0.37
Good Will	-0.61	0.66	-0.24	-0.66	0.78	-0.4	0.47	-0.6	-0.28	0.5	-0.73	-0.18		0.48	0.22	0.18	-0.54	-0.81	-0.65	-0.5	-0.29	-0.6	0.87	-0.85	-0.81	-0.81
Inventory	-0.21	0.8	0.17	-0.19	0.59	0.13	0.47	-0.26	-0.11	0.54	-0.36	-0.06	0.48		0.55	0.19	-0.15	-0.37	-0.47	-0.34	0.14	-0.55	0.62	-0.47	-0.44	-0.48
Other Current Assets	0.34	0.42	0.5	0.29	0.71	0.65	0.9	0.0	-0.1	0.9	0.1	0.32	0.22	0.55		0.26	0.46	-0.29	-0.68	-0.41	0.22	-0.69	0.58	-0.31	-0.39	-0.16
Other Stockholder Equity	0.19	-0.14	0.62	0.07	0.05	-0.01	0.28	0.21	0.12	0.09	0.0	0.41	0.18	0.19	0.26		0.24	-0.08	-0.36	0.35	0.29	-0.16	0.12	-0.1	-0.08	0.1
Total Liab	0.99	-0.45	0.75	0.94	-0.16	0.9	0.24	0.71	0.35	0.17	0.9	0.54	-0.54	-0.15	0.46	0.24		0.61	0.08	0.34	0.57	0.13	-0.32	0.62	0.55	0.77
Deferred Long Term Liab	0.72	-0.58	0.38	0.8	-0.75	0.49	-0.57	0.82	0.37	-0.57	0.82	0.3	-0.81	-0.37	-0.29	-0.08	0.61		0.71	0.68	0.4	0.75	-0.83	0.98	0.97	0.93
Long Term Investments	0.19	-0.48	0.0	0.29	-0.81	-0.01	-0.84	0.49	0.35	-0.79	0.38	0.09	-0.65	-0.47	-0.68	-0.36	0.08	0.71		0.7	0.2	0.94	-0.86	0.74	0.79	0.55
Short Long Term Debt	0.43	-0.56	0.56	0.43	-0.73	0.1	-0.6	0.66	0.58	-0.68	0.46	0.35	-0.5	-0.34	-0.41	0.35	0.34	0.68	0.7		0.54	0.8	-0.72	0.69	0.77	0.67
Total Current Assets	0.58	-0.28	0.77	0.55	-0.14	0.52	0.06	0.36	0.91	0.04	0.47	0.16	-0.29	0.14	0.22	0.29	0.57	0.4	0.2	0.54		0.13	-0.19	0.36	0.37	0.41
Short Term Debt	0.26	-0.55	0.08	0.33	-0.86	-0.04	-0.86	0.61	0.26	-0.86	0.43	0.22	-0.6	-0.55	-0.69	-0.16	0.13	0.75	0.94	0.8	0.13		-0.88	0.79	0.84	0.65
Intangible Assets	-0.42	0.7	-0.15	-0.48	0.95	-0.1	0.77	-0.68	-0.27	0.8	-0.58	-0.28	0.87	0.62	0.58	0.12	-0.32	-0.83	-0.86	-0.72	-0.19	-0.88		-0.89	-0.89	-0.78
Common Stock	0.72	-0.63	0.36	0.79	-0.81	0.46	-0.59	0.83	0.35	-0.6	0.84	0.35	-0.85	-0.47	-0.31	-0.1	0.62	0.98	0.74	0.69	0.36	0.79	-0.89		0.98	0.94
Property Plant Equipment	0.66	-0.63	0.34	0.72	-0.85	0.38	-0.67	0.79	0.39	-0.69	0.8	0.27	-0.81	-0.44	-0.39	-0.08	0.55	0.97	0.79	0.77	0.37	0.84	-0.89	0.98		0.93
Non Current Assets Total	0.85	-0.73	0.48	0.87	-0.72	0.55	-0.41	0.82	0.37	-0.48	0.93	0.37	-0.81	-0.48	-0.16	0.1	0.77	0.93	0.55	0.67	0.41	0.65	-0.78	0.94	0.93

Click cells to compare fundamentals

NiSource Account Relationship Matchups

NiSource fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	24.2B	26.7B	31.1B	31.8B	36.6B	26.1B
Other Current Liab	760.5M	1.3B	278.6M	150.5M	135.5M	128.7M
Other Liab	4.9B	4.6B	4.9B	4.6B	4.2B	4.0B
Net Tangible Assets	3.6B	3.4B	3.9B	4.5B	5.2B	3.6B
Retained Earnings	(1.6B)	(1.2B)	(967M)	(711.7M)	(640.5M)	(672.6M)
Accounts Payable	697.8M	899.5M	749.4M	863.1M	992.6M	755.7M
Cash	84.2M	40.8M	2.2B	156.6M	180.1M	299.1M
Other Assets	2.3B	2.2B	2.7B	2.7B	2.4B	2.4B
Long Term Debt	9.2B	9.5B	11.1B	12.1B	13.9B	9.4B
Net Receivables	825.6M	1.0B	862M	964.2M	1.1B	996.5M
Inventory	498.7M	751.9M	503.2M	389.1M	350.2M	398.5M
Other Current Assets	227.5M	430.4M	332.9M	344.1M	395.7M	335.2M
Total Liab	16.9B	18.8B	20.9B	21.1B	24.3B	18.9B
Short Long Term Debt	618.1M	2.1B	3.1B	1.9B	2.2B	1.6B
Total Current Assets	1.9B	2.6B	4.5B	2.1B	2.4B	2.4B
Net Debt	9.7B	11.6B	11.9B	13.8B	15.9B	11.6B
Net Invested Capital	15.2B	17.7B	21.9B	22.6B	26.0B	18.4B
Net Working Capital	(825.4M)	(2.1B)	(765.7M)	(2.0B)	(2.3B)	(2.5B)
Capital Stock	1.6B	1.6B	490.6M	4.7M	4.2M	4.0M

NiSource February 18, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NiSource help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NiSource. We use our internally-developed statistical techniques to arrive at the intrinsic value of NiSource based on widely used predictive technical indicators. In general, we focus on analyzing NiSource Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NiSource's daily price indicators and compare them against related drivers.

	Downside Deviation	1.38
	Information Ratio	0.0301
	Maximum Drawdown	4.21
	Value At Risk	(2.20)
	Potential Upside	1.67

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