Growth Metrics

Nisource (NI) EBITDA Margin (2016 - 2025)

Nisource's EBITDA Margin history spans 17 years, with the latest figure at 7.9% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 26.0% year-over-year to 7.9%; the TTM value through Dec 2025 reached 16.4%, up 68.0%, while the annual FY2025 figure was 43.6%, 52.0% up from the prior year.
  • EBITDA Margin reached 7.9% in Q4 2025 per NI's latest filing, down from 23.99% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 34.78% in Q1 2025 to a low of 7.64% in Q4 2024.
  • Average EBITDA Margin over 5 years is 21.37%, with a median of 21.27% recorded in 2022.
  • Peak YoY movement for EBITDA Margin: skyrocketed 1880bps in 2021, then tumbled -2104bps in 2024.
  • A 5-year view of EBITDA Margin shows it stood at 21.01% in 2021, then increased by 2bps to 21.44% in 2022, then soared by 34bps to 28.68% in 2023, then plummeted by -73bps to 7.64% in 2024, then rose by 3bps to 7.9% in 2025.
  • Per Business Quant, the three most recent readings for NI's EBITDA Margin are 7.9% (Q4 2025), 23.99% (Q3 2025), and 21.09% (Q2 2025).