Nisource (NI) EV to CFO (2010 - 2026)
Nisource's EV to CFO came in at 10.88 for Q2 2026, up 8.1% from 10.06 a year earlier but down 6.2% from the prior quarter.
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Analysis
Nisource (NI) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nisource reported EV to CFO of 10.76, up 10.4% year-over-year; for FY2025, it was 9.35, down 12.6% from FY2024.
- Going back by year, EV to CFO was 10.70 in FY2024 (+80.0%), 5.94 in FY2023 (-27.5%), 8.20 in FY2022 (-12.6%) and 9.38 in FY2021 (+15.7%).
- The five-year range for quarterly EV to CFO is 5.58 (Q3 2023) to 11.60 (Q1 2026).
- Year-over-year, EV to CFO increased in six of the last eight quarters, with growth averaging 27.0%.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2024 (growth of 96.6%), and the weakest in Q3 2023 (a decline of 29.9%).
- Business Quant data shows NI's EV to CFO at 11.60 (Q1 2026), 9.35 (Q4 2025) and 10.36 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - |
| 10 | Nisource | 18.86 Bn | 20.84 Bn | 1.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.88 |
| Mar 31, 2026 | 11.60 |
| Dec 31, 2025 | 9.35 |
| Sep 30, 2025 | 10.36 |
| Jun 30, 2025 | 10.06 |
| Mar 31, 2025 | 10.25 |
| Dec 31, 2024 | 10.70 |
| Sep 30, 2024 | 10.97 |
| Jun 30, 2024 | 8.95 |
| Mar 31, 2024 | 8.29 |
| Dec 31, 2023 | 5.94 |
| Sep 30, 2023 | 5.58 |
| Jun 30, 2023 | 6.76 |
| Mar 31, 2023 | 7.75 |
| Dec 31, 2022 | 8.20 |
| Sep 30, 2022 | 7.96 |
| Jun 30, 2022 | 8.57 |
| Mar 31, 2022 | 9.71 |
| Dec 31, 2021 | 9.38 |
| Sep 30, 2021 | 8.06 |
API Access
Nisource EV to CFO 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=ev-to-cfo&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();