Nisource (NI) Debt Ratio (2009 - 2026)
Nisource (NI) reported Debt Ratio of 0.46 for Q1 2026, up 7.34% on a YoY basis from 0.43 in Q1 2025, and up 1.34% quarter-over-quarter from 0.45 in Q4 2025.
Nisource (NI) Debt Ratio (2009 - 2026) Analysis & Trends
Nisource has reported Debt Ratio for 18 years, with the latest figure at 0.46 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 7.34% year-over-year to 0.46; the trailing twelve-month figure through Mar 2026 stood at 0.46 (up 7.34% YoY), and the FY2025 full-year result was 0.45, up 7.49% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.46, up from 0.45 in the prior quarter.
- The five-year high for Debt Ratio was 0.48 in Q3 2023, with the low at 0.36 in Q4 2022.
- Historically, Debt Ratio has averaged 0.42 across 5 years, with a median of 0.43 in 2025.
- The largest YoY upside for Debt Ratio was 17.33% in 2024 against a maximum downside of 15.79% in 2024.
- Nisource's Debt Ratio stood at 0.36 in 2022, then advanced by 0.15% to 0.36 in 2023, then rose by 17.33% to 0.42 in 2024, then advanced by 7.49% to 0.45 in 2025, then increased by 1.34% to 0.46 in 2026.
- The last three Debt Ratio figures came in at 0.46 (Q1 2026), 0.45 (Q4 2025), and 0.46 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.31 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 0.46 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 0.42 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 0.43 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 0.39 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.27 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.34 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.28 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.05 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 0.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.42 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.40 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 0.41 |
| Jun 30, 2021 | 0.41 |