Nisource (NI) EBITDA (2009 - 2026)
Nisource's EBITDA came in at $678.1 million for Q3 2026, up 12.2% from $604.4 million a year earlier and up 14.9% from the prior quarter.
Nisource (NI) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nisource reported EBITDA of $3.21 billion, up 11.9% year-over-year; for FY2025, it was $3 billion, up 20.2% from FY2024.
- EBITDA has increased in each of the last five years, with a five-year compound annual growth rate of 18.5% (FY2020 to FY2025).
- Going back by year, EBITDA was $2.5 billion in FY2024 (+13.4%), $2.2 billion in FY2023 (+5.6%), $2.09 billion in FY2022 (+18.9%) and $1.76 billion in FY2021 (+36.5%).
- The five-year range for quarterly EBITDA is $352 million (Q2 2022) to $1.11 billion (Q1 2026).
- Year-over-year, EBITDA has increased for 14 consecutive quarters, with growth averaging 14.9% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q1 2022 (growth of 28.3%), and the weakest in Q1 2023 (a decline of 6.9%).
- Business Quant data shows NI's EBITDA at $590.3 million (Q2 2026), $1.11 billion (Q1 2026) and $830.9 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 4.28 Bn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 3.37 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 3.87 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.84 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 1.02 Bn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 2.16 Bn |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.14 Bn |
| 10 | Nisource | 21.54 Bn | 21.23 Bn | 1.14 Bn | 678.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 678.10 Mn |
| Jun 30, 2026 | 590.30 Mn |
| Mar 31, 2026 | 1.11 Bn |
| Dec 31, 2025 | 830.90 Mn |
| Sep 30, 2025 | 604.40 Mn |
| Jun 30, 2025 | 549.60 Mn |
| Mar 31, 2025 | 1.02 Bn |
| Dec 31, 2024 | 694.90 Mn |
| Sep 30, 2024 | 487.80 Mn |
| Jun 30, 2024 | 490.50 Mn |
| Mar 31, 2024 | 825.50 Mn |
| Dec 31, 2023 | 619.90 Mn |
| Sep 30, 2023 | 443.90 Mn |
| Jun 30, 2023 | 402.00 Mn |
| Mar 31, 2023 | 737.90 Mn |
| Dec 31, 2022 | 581.70 Mn |
| Sep 30, 2022 | 359.90 Mn |
| Jun 30, 2022 | 352.00 Mn |
| Mar 31, 2022 | 793.00 Mn |
| Dec 31, 2021 | 472.60 Mn |
Nisource EBITDA 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=ebitda&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();