Nisource (NI) FCF Margin (2010 - 2026)

Nisource (NI) posted FCF Margin of 15.63% for Q1 2026, down 662.38% quarter-over-quarter from 2.05% in Q4 2025, and down 1788.0% year-on-year from 0.93% in Q1 2025.

Nisource (NI) FCF Margin (2010 - 2026) Analysis & Trends

Nisource (NI) has reported FCF Margin for 17 consecutive years, with 15.63% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 15.63%, down 1788.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.32% (down 52.0% YoY), and the FY2025 annual result was 6.44%, up 882.0% from the prior year.
  • FCF Margin was 15.63% for Q1 2026 at Nisource, down from 2.05% in the prior quarter.
  • Over five years, FCF Margin peaked at 7.05% in Q1 2022 and troughed at 43.78% in Q3 2022.
  • Average FCF Margin over 5 years is 13.73%, with a median of 12.69% recorded in 2025.
  • Year-over-year, FCF Margin surged 2196 bps in 2024 and tumbled 1788 bps in 2026.
  • Over 5 years, FCF Margin stood at 18.0% in 2022, then sank by 45 bps to 26.12% in 2023, then jumped by 84 bps to 4.17% in 2024, then jumped by 51 bps to 2.05% in 2025, then slumped by 662 bps to 15.63% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 15.63% in Q1 2026, 2.05% in Q4 2025, and 13.92% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - -14.27%
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn -15.63%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 18.40%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 60.95%
5 Black Hills 5.61 Bn 5.58 Bn - 11.34%
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 2.38%
7 Mdu Resources 4.26 Bn 4.20 Bn - 18.77%
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn -9.59%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -7.64%
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 24.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.63%
Dec 31, 2025 -2.05%
Sep 30, 2025 -13.92%
Jun 30, 2025 -12.69%
Mar 31, 2025 2.25%
Dec 31, 2024 -4.17%
Sep 30, 2024 -28.17%
Jun 30, 2024 -17.48%
Mar 31, 2024 -8.11%
Dec 31, 2023 -26.12%
Sep 30, 2023 -37.78%
Jun 30, 2023 -9.11%
Mar 31, 2023 6.42%
Dec 31, 2022 -18.00%
Sep 30, 2022 -43.78%
Jun 30, 2022 -12.06%
Mar 31, 2022 7.05%
Dec 31, 2021 -17.52%
Sep 30, 2021 -28.12%
Jun 30, 2021 -17.89%