Nisource Inc. (NI) EBITDA Margin (2009 - 2026)
Nisource's EBITDA Margin was 43.97% in Q2 2026, up 1.14 percentage points from 42.84% a year earlier but down 2.89 percentage points from the prior quarter.
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Analysis
Nisource Inc. (NI) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nisource's EBITDA Margin was 26.96% through Jun 30, 2026, down 17.90 percentage points year-over-year; for FY2025, it came in at 45.21%, down 0.60 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +17.94 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 45.80% in FY2024 (+5.78 pp), 40.03% in FY2023 (+4.36 pp), 35.66% in FY2022 (-0.16 pp) and 35.83% in FY2021 (+8.56 pp).
- Quarterly EBITDA Margin has moved between 12.51% (Q4 2025) and 48.38% (Q1 2024) over five years.
- Compared with a year earlier, EBITDA Margin was higher in five of the last eight quarters, with an average year-over-year change of -3.70 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2024 (a gain of 10.85 percentage points); the worst was Q4 2025 (a drop of 31.26 percentage points).
- Per Business Quant data, NI's EBITDA Margin in the three quarters before Q2 2026 was 46.87% (Q1 2026), 12.51% (Q4 2025) and 47.47% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.97% |
| Mar 31, 2026 | 46.87% |
| Dec 31, 2025 | 12.51% |
| Sep 30, 2025 | 47.47% |
| Jun 30, 2025 | 42.84% |
| Mar 31, 2025 | 46.63% |
| Dec 31, 2024 | 43.76% |
| Sep 30, 2024 | 45.32% |
| Jun 30, 2024 | 45.22% |
| Mar 31, 2024 | 48.38% |
| Dec 31, 2023 | 43.59% |
| Sep 30, 2023 | 43.21% |
| Jun 30, 2023 | 36.88% |
| Mar 31, 2023 | 37.53% |
| Dec 31, 2022 | 34.13% |
| Sep 30, 2022 | 33.03% |
| Jun 30, 2022 | 29.75% |
| Mar 31, 2022 | 42.33% |
| Dec 31, 2021 | 33.55% |
| Sep 30, 2021 | 35.02% |
API Access
Nisource Inc. EBITDA Margin 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-margin&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();