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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Nisource (NI) Debt to Equity (2016 - 2026)

Nisource filings provide 17 years of Debt to Equity readings, the most recent being $1.64 for Q4 2025.

  • On a quarterly basis, Debt to Equity rose 16.97% to $1.64 in Q4 2025 year-over-year; TTM through Dec 2025 was $1.64, a 16.97% increase, with the full-year FY2025 number at $1.64, up 16.97% from a year prior.
  • Debt to Equity hit $1.64 in Q4 2025 for Nisource, up from $1.29 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.64 in Q4 2025 to a low of $1.1 in Q4 2023.
  • Median Debt to Equity over the past 5 years was $1.4 (2024), compared with a mean of $1.37.
  • Biggest five-year swings in Debt to Equity: decreased 23.13% in 2023 and later increased 27.54% in 2024.
  • Nisource's Debt to Equity stood at $1.27 in 2021, then increased by 12.4% to $1.43 in 2022, then decreased by 23.13% to $1.1 in 2023, then increased by 27.54% to $1.4 in 2024, then rose by 16.97% to $1.64 in 2025.
  • The last three reported values for Debt to Equity were $1.64 (Q4 2025), $1.29 (Q3 2025), and $1.43 (Q2 2025) per Business Quant data.