Nisource (NI) Equity Ratio (2009 - 2026)

Nisource (NI) reported Equity Ratio of 0.33 for Q1 2026, down 1.44% on a YoY basis from 0.33 in Q1 2025, and little changed quarter-over-quarter from 0.33 in Q4 2025.

Nisource (NI) Equity Ratio (2009 - 2026) Analysis & Trends

Nisource has reported Equity Ratio for 18 years, with the latest figure at 0.33 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio fell 1.44% year-over-year to 0.33; the trailing twelve-month figure through Mar 2026 stood at 0.33 (down 1.44% YoY), and the FY2025 full-year result was 0.33, down 3.11% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.33, roughly flat from 0.33 in the prior quarter.
  • The five-year high for Equity Ratio was 0.34 in Q4 2024, with the low at 0.26 in Q3 2023.
  • Historically, Equity Ratio has averaged 0.31 across 5 years, with a median of 0.32 in 2025.
  • Annual changes were most pronounced in 2023 — Equity Ratio slipped 8.88% — and 2025, when it rose 20.71%.
  • Nisource's Equity Ratio stood at 0.3 in 2022, then rose by 10.36% to 0.33 in 2023, then gained by 2.89% to 0.34 in 2024, then slipped by 3.11% to 0.33 in 2025, then grew by 0.22% to 0.33 in 2026.
  • The last three Equity Ratio figures came in at 0.33 (Q1 2026), 0.33 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.
Generated on {Timestamp} © BusinessQuant.com
Generated on {Timestamp} Powered by BusinessQuant Logo

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - 0.49
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 0.33
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 0.34
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 0.33
5 Black Hills 5.49 Bn 5.46 Bn - 0.37
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 0.40
7 Mdu Resources 4.39 Bn 4.33 Bn - 0.38
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 0.37
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 0.40
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.33
Dec 31, 2025 0.33
Sep 30, 2025 0.33
Jun 30, 2025 0.32
Mar 31, 2025 0.33
Dec 31, 2024 0.34
Sep 30, 2024 0.27
Jun 30, 2024 0.33
Mar 31, 2024 0.33
Dec 31, 2023 0.33
Sep 30, 2023 0.26
Jun 30, 2023 0.28
Mar 31, 2023 0.30
Dec 31, 2022 0.30
Sep 30, 2022 0.28
Jun 30, 2022 0.30
Mar 31, 2022 0.31
Dec 31, 2021 0.30
Sep 30, 2021 0.29
Jun 30, 2021 0.30