Nisource (NI) Debt Ratio (2009 - 2026)
Nisource's (NI) quarterly Debt Ratio came in at 0.46 in Q2 2026, little changed on a YoY basis from 0.46 in Q2 2025, and down 5.96% quarter-over-quarter from 0.49 in Q1 2026.
Analysis
Nisource (NI) Debt Ratio (2009 - 2026) Analysis & Trends
Nisource (NI) has reported Debt Ratio for 18 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio changed 0.11% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.46 (changed 0.11% YoY), and the FY2025 full-year result was 0.47, up 7.5% from the prior year.
- Debt Ratio declined to 0.46 in Q2 2026 per NI's latest filing, from 0.49 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.56 in Q3 2023 and bottomed at 0.42 in Q1 2022.
- Historically, Debt Ratio has averaged 0.48 across 5 years, with a median of 0.47 in 2022.
- The sharpest annual moves came in 2023 and 2024: Debt Ratio climbed 21.07% in 2023, then fell 20.46% in 2024.
- Over 5 years, Debt Ratio stood at 0.49 in 2022, then gained by 13.1% to 0.55 in 2023, then fell by 20.43% to 0.44 in 2024, then climbed by 7.5% to 0.47 in 2025, then fell by 1.82% to 0.46 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.46, 0.49, and 0.47 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.53 Bn | - | 0.32 |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | 0.46 |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | 0.46 |
| 4 | ONE Gas | 4.94 Bn | 4.91 Bn | 272.01 Mn | 0.41 |
| 5 | Rgc Resources | 219.91 Mn | 216.89 Mn | 11.98 Mn | 0.44 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.49 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.49 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.56 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.47 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.43 |
| Sep 30, 2021 | 0.44 |