Nisource (NI) EV to EBITDA (2009 - 2026)
Nisource's (NI) quarterly EV to EBITDA came in at 109.82 in Q2 2026, up 39.21% on a YoY basis from 78.89 in Q2 2025, and up 266.24% quarter-over-quarter from 29.99 in Q1 2026.
Analysis
Nisource (NI) EV to EBITDA (2009 - 2026) Analysis & Trends
Nisource (NI) has reported EV to EBITDA for 18 consecutive years, with 109.82 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA rose 39.21% year-over-year to 109.82; the trailing twelve-month figure through Jun 2026 stood at 13.47 (up 7.61% YoY), and the FY2025 full-year result was 7.76, down 7.29% from the prior year.
- EV to EBITDA climbed to 109.82 in Q2 2026 per NI's latest filing, from 29.99 in the prior quarter.
- Across five years, EV to EBITDA topped out at 109.82 in Q2 2026 and bottomed at 21.82 in Q1 2022.
- Historically, EV to EBITDA has averaged 52.89 across 5 years, with a median of 45.72 in 2023.
- The sharpest annual moves came in 2023 and 2024: EV to EBITDA slumped 31.53% in 2023, then soared 80.34% in 2024.
- Over 5 years, EV to EBITDA stood at 31.61 in 2022, then climbed by 0.34% to 31.71 in 2023, then soared by 44.17% to 45.72 in 2024, then declined by 6.32% to 42.83 in 2025, then surged by 156.41% to 109.82 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 109.82, 29.99, and 42.83 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.53 Bn | - |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn |
| 4 | ONE Gas | 4.94 Bn | 4.91 Bn | 272.01 Mn |
| 5 | Rgc Resources | 219.91 Mn | 216.89 Mn | 11.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 109.82 |
| Mar 31, 2026 | 29.99 |
| Dec 31, 2025 | 42.83 |
| Sep 30, 2025 | 76.26 |
| Jun 30, 2025 | 78.89 |
| Mar 31, 2025 | 27.14 |
| Dec 31, 2024 | 45.72 |
| Sep 30, 2024 | 82.44 |
| Jun 30, 2024 | 62.16 |
| Mar 31, 2024 | 24.26 |
| Dec 31, 2023 | 31.71 |
| Sep 30, 2023 | 45.71 |
| Jun 30, 2023 | 67.79 |
| Mar 31, 2023 | 22.09 |
| Dec 31, 2022 | 31.61 |
| Sep 30, 2022 | 66.76 |
| Jun 30, 2022 | 85.04 |
| Mar 31, 2022 | 21.82 |
| Dec 31, 2021 | 40.16 |
| Sep 30, 2021 | 64.90 |