Nisource (NI) Debt Ratio (2009 - 2026)
Nisource's (NI) Debt Ratio stood at 0.47 in Q3 2026, up 2.5% from 0.46 a year earlier and up 1.4% from the prior quarter.
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Analysis
Nisource (NI) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Nisource's Debt Ratio came in at 0.45, up 3.0% from FY2024.
- Across earlier years, Debt Ratio came in at 0.44 in FY2024 (-3.4%), 0.45 in FY2023 (+7.4%), 0.42 in FY2022 (+4.3%) and 0.41 in FY2021 (-8.2%).
- The Q3 2026 figure is the highest quarterly Debt Ratio since Q3 2023.
- On a year-over-year basis, Debt Ratio has increased for seven consecutive quarters, with growth averaging 1.5% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 13.3% in Q2 2023, against a decline of 9.0% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.46 (Q2 2026), 0.46 (Q1 2026) and 0.45 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | 0.02 |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 0.45 |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 0.47 |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 0.45 |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 0.43 |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 0.44 |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 0.43 |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 0.32 |
| 10 | Nisource | 21.54 Bn | 21.23 Bn | 1.14 Bn | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.47 |
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.46 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.44 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.43 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.41 |
API Access
Nisource Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();