Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
NI
HOLDNiSource Inc. · Utilities · United States · $22.4B · Avg Vol: $232M/d
COMPANY DESCRIPTION
NiSource Inc. is an energy holding company providing natural gas and electricity to approximately 3.3 million customers across six states in the Midwestern and Mid-Atlantic United States. The company benefits from a stable, regulated asset base, geographic diversification, and essential service provision, ensuring predictable cash flows. NiSource is a regulated utility focused on infrastructure modernization and transitioning its energy portfolio, offering defensive characteristics and consistent dividend payments.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.9B | 5.5B | 5.5B | 6.6B | 4.3% | 6.8B | 7.2B | 7.6B | 7.2% |
| EPS | 1.84 | 1.59 | 1.63 | 1.96 | 2.1% | 2.01 | 2.12 | 2.32 | 8.9% |
| Shares | 412.1M | 447.4M | 465.9M | 478.4M | +16.1% | 479.4M | — | — | — |
| Debt | 11.3B | 14.1B | 14.0B | 16.2B | 12.7% | 16.8B | — | — | — |
| Equity | 7.6B | 8.3B | 8.7B | 9.5B | 7.6% | — | — | — | — |
| Op CF | 1.4B | 1.9B | 1.8B | 2.4B | 18.8% | 2.1B | — | — | — |
| Inv CF | -2.6B | -3.6B | -3.2B | -4.5B | — | — | — | — | — |
| Fin CF | 1.1B | 3.8B | -651.0M | 2.1B | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of NI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| NI | NiSource Inc.(you) | $22.4B | 43 | HOLD |
| ATO | Atmos Energy Corporation | $29.9B | 50 | HOLD |
| SR | Spire Inc. | $4.9B | 41 | HOLD |
| BIPC.TO | Brookfield Infrastructure Corporation | $5.3B | 48 | HOLD |
| MDU | MDU Resources Group, Inc. | $4.4B | 40 | HOLD |
| BKH | Black Hills Corporation | $5.7B | 53 | HOLD |
| SWX | Southwest Gas Holdings, Inc. | $6.7B | 58 | HOLD |
| NJR | New Jersey Resources Corporation | $6.1B | 59 | HOLD |
| OGS | ONE Gas, Inc. | $5.1B | 55 | HOLD |
| UGI | UGI Corporation | $8.0B | 70 | BUY |
Peer medians: ROE 9.4% · P/E 21.3x · Gross margin 42.9%