Nisource (NI) EV to CFO (2010 - 2026)
Nisource's EV to CFO came in at 8.83 for Q3 2026, down 14.7% from 10.35 a year earlier and down 18.8% from the prior quarter.
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Analysis
Nisource (NI) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nisource reported EV to CFO of 8.72, down 12.4% 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 Q3 2026 figure represents the lowest quarterly EV to CFO since Q1 2024.
- Year-over-year, EV to CFO increased in five of the last eight quarters, with growth averaging 13.0%.
- 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 10.88 (Q2 2026), 11.60 (Q1 2026) and 9.35 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn |
| 10 | Nisource | 21.54 Bn | 21.23 Bn | 1.14 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.83 |
| Jun 30, 2026 | 10.88 |
| Mar 31, 2026 | 11.60 |
| Dec 31, 2025 | 9.35 |
| Sep 30, 2025 | 10.35 |
| 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 |
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();