NiSource Historical Income Statement

NI Stock  USD 38.09  0.16  0.42%   
Historical analysis of NiSource income statement accounts such as Operating Income of 820.1 M, EBIT of 809.7 M or Ebitda of 1.6 B can show how well NiSource performed in making a profits. Evaluating NiSource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NiSource's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining NiSource latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NiSource is a good buy for the upcoming year.
  
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 gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.

About NiSource Income Statement Analysis

NiSource Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NiSource shareholders. The income statement also shows NiSource investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NiSource Income Statement Chart

As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B.

Total Revenue

Total revenue comprises all receipts NiSource generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NiSource minus its cost of goods sold. It is profit before NiSource operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from NiSource operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of NiSource is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from NiSource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NiSource current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B.
 2021 2022 2023 2024 (projected)
Gross Profit2.1B2.3B2.5B3.5B
Total Revenue4.9B5.9B5.5B5.0B

NiSource income statement Correlations

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0.810.28-0.36-0.290.080.450.560.660.930.80.360.44-0.06-0.10.370.47-0.020.0-0.1-0.07-0.10.19-0.05-0.09
0.320.280.230.220.370.530.230.140.31-0.020.890.38-0.37-0.650.450.350.110.230.01-0.31-0.580.4-0.6-0.54
-0.5-0.360.230.910.790.280.16-0.19-0.58-0.58-0.180.48-0.11-0.250.5-0.030.380.510.28-0.39-0.040.140.06-0.02
-0.46-0.290.220.910.870.420.24-0.23-0.48-0.48-0.150.610.05-0.120.640.250.40.60.12-0.26-0.040.080.03-0.06
-0.050.080.370.790.870.720.40.26-0.16-0.18-0.020.83-0.25-0.310.860.470.110.58-0.14-0.28-0.30.46-0.16-0.3
0.480.450.530.280.420.720.490.490.370.360.30.87-0.2-0.520.910.79-0.050.36-0.27-0.37-0.540.59-0.5-0.55
0.470.560.230.160.240.40.490.220.370.360.050.750.18-0.070.480.260.220.770.07-0.070.04-0.120.040.02
0.680.660.14-0.19-0.230.260.490.220.530.50.110.36-0.59-0.350.410.33-0.58-0.09-0.5-0.05-0.380.75-0.18-0.35
0.840.930.31-0.58-0.48-0.160.370.370.530.890.50.230.0-0.050.20.5-0.08-0.2-0.160.0-0.210.15-0.24-0.2
0.810.8-0.02-0.58-0.48-0.180.360.360.50.890.120.210.060.180.120.45-0.18-0.22-0.240.1-0.180.12-0.23-0.18
0.390.360.89-0.18-0.15-0.020.30.050.110.50.120.08-0.23-0.530.180.320.04-0.04-0.03-0.17-0.470.25-0.54-0.44
0.30.440.380.480.610.830.870.750.360.230.210.080.02-0.360.930.640.180.66-0.09-0.35-0.20.3-0.13-0.23
-0.25-0.06-0.37-0.110.05-0.25-0.20.18-0.590.00.06-0.230.020.35-0.080.060.650.110.45-0.080.54-0.770.380.42
-0.18-0.1-0.65-0.25-0.12-0.31-0.52-0.07-0.35-0.050.18-0.53-0.360.35-0.5-0.160.09-0.14-0.040.680.45-0.590.40.45
0.210.370.450.50.640.860.910.480.410.20.120.180.93-0.08-0.50.740.140.44-0.15-0.44-0.290.47-0.2-0.32
0.420.470.35-0.030.250.470.790.260.330.50.450.320.640.06-0.160.740.020.05-0.39-0.03-0.380.34-0.39-0.43
-0.29-0.020.110.380.40.11-0.050.22-0.58-0.08-0.180.040.180.650.090.140.020.170.84-0.420.38-0.610.280.32
-0.040.00.230.510.60.580.360.77-0.09-0.2-0.22-0.040.660.11-0.140.440.050.170.01-0.040.04-0.10.050.02
-0.27-0.10.010.280.12-0.14-0.270.07-0.5-0.16-0.24-0.03-0.090.45-0.04-0.15-0.390.840.01-0.550.4-0.550.340.38
0.09-0.07-0.31-0.39-0.26-0.28-0.37-0.07-0.050.00.1-0.17-0.35-0.080.68-0.44-0.03-0.42-0.04-0.55-0.01-0.190.00.0
-0.5-0.1-0.58-0.04-0.04-0.3-0.540.04-0.38-0.21-0.18-0.47-0.20.540.45-0.29-0.380.380.040.4-0.01-0.750.950.98
0.370.190.40.140.080.460.59-0.120.750.150.120.250.3-0.77-0.590.470.34-0.61-0.1-0.55-0.19-0.75-0.58-0.71
-0.47-0.05-0.60.060.03-0.16-0.50.04-0.18-0.24-0.23-0.54-0.130.380.4-0.2-0.390.280.050.340.00.95-0.580.94
-0.49-0.09-0.54-0.02-0.06-0.3-0.550.02-0.35-0.2-0.18-0.44-0.230.420.45-0.32-0.430.320.020.380.00.98-0.710.94
Click cells to compare fundamentals

NiSource Account Relationship Matchups

NiSource income statement Accounts

201920202021202220232024 (projected)
Interest Expense371M361.9M332.4M360.5M489.6M514.1M
Total Revenue5.2B4.7B4.9B5.9B5.5B5.0B
Gross Profit2.3B2.0B2.1B2.3B2.5B3.5B
Operating Income1.3B976.3M1.0B1.3B1.3B820.1M
Ebit1.3B339.4M1.0B1.3B1.3B809.7M
Ebitda2.0B1.1B1.8B2.1B2.2B1.6B
Net Income383.1M(14.2M)584.9M804.1M714.3M750.0M
Income Tax Expense123.5M(17.1M)117.8M164.6M139.5M101.2M
Depreciation And Amortization717.4M725.9M748.4M820.8M908.2M585.8M
Other Operating Expenses3.9B3.7B3.9B4.7B4.2B5.0B
Cost Of Revenue2.9B2.7B2.8B3.6B3.0B3.9B
Total Operating Expenses1.0B1.0B1.0B1.1B1.2B2.2B
Income Before Tax506.6M(31.3M)706.6M956.4M813.9M507.1M
Total Other Income Expense Net(782.6M)(582.1M)(300.3M)(309.4M)(481.6M)(457.5M)
Net Income Applicable To Common Shares328M(72.7M)529.8M749M861.4M904.4M
Selling General Administrative3.2B9.3M35.5M27.6M24M22.8M
Net Income From Continuing Ops383.1M(14.2M)588.8M791.8M674.4M402.4M
Non Operating Income Net Other(5.2M)(211.4M)40.8M52.2M60.0M63.0M
Tax Provision123.5M(17.1M)117.8M164.6M139.5M87.7M
Interest Income7.7M356.4M4M4.3M9M8.6M
Net Interest Income(363.2M)(355.3M)(337.1M)(357.3M)(480.6M)(504.6M)
Reconciled Depreciation717.4M725.9M748.4M820.8M908.2M800.0M

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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 gross domestic product.
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.