Nisource (NI) EBT Margin (2009 - 2026)
Nisource (NI) reported EBT Margin of 2.15% for Q2 2026, down 7.50 percentage points from 9.65% a year earlier and down 24.41 percentage points from the prior quarter.
Nisource (NI) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nisource's EBT Margin came in at 9.49%, down 8.68 percentage points year-over-year; for FY2025, it was 18.01%, up 0.81 percentage points from FY2024.
- EBT Margin has a five-year change of +14.16 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 17.20% in FY2024 (+2.56 pp), 14.64% in FY2023 (-0.82 pp), 15.45% in FY2022 (+1.87 pp) and 13.59% in FY2021 (+9.74 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBT Margin since Q3 2020.
- Year over year, EBT Margin has now declined in each of the last three quarters, with an average year-over-year change of -2.51 percentage points over the last eight quarters.
- The high point for year-over-year EBT Margin in five years was Q3 2021 (a gain of 6.80 percentage points); the low point was Q4 2025 (a drop of 12.68 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 26.56% (Q1 2026), 4.94% (Q4 2025) and 9.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 17.24% |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 16.52% |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 16.86% |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 15.91% |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 17.59% |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 18.29% |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 34.50% |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 29.89% |
| 10 | Nisource | 18.75 Bn | 20.72 Bn | 1.15 Bn | 2.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15% |
| Mar 31, 2026 | 26.56% |
| Dec 31, 2025 | 4.94% |
| Sep 30, 2025 | 9.25% |
| Jun 30, 2025 | 9.65% |
| Mar 31, 2025 | 28.70% |
| Dec 31, 2024 | 17.62% |
| Sep 30, 2024 | 7.78% |
| Jun 30, 2024 | 9.93% |
| Mar 31, 2024 | 27.38% |
| Dec 31, 2023 | 15.58% |
| Sep 30, 2023 | 10.10% |
| Jun 30, 2023 | 5.36% |
| Mar 31, 2023 | 21.47% |
| Dec 31, 2022 | 15.47% |
| Sep 30, 2022 | 5.98% |
| Jun 30, 2022 | 4.97% |
| Mar 31, 2022 | 27.58% |
| Dec 31, 2021 | 13.97% |
| Sep 30, 2021 | 6.54% |
Nisource EBT 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=ebt-margin&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();