Nisource (NI) FCF Margin (2010 - 2026)
Nisource's (NI) quarterly FCF Margin came in at 31.06% in Q2 2026, down 1837.0% on a YoY basis from 1.79% in Q2 2025, and down 102.28% quarter-over-quarter from 15.36% in Q1 2026.
Analysis
Nisource (NI) FCF Margin (2010 - 2026) Analysis & Trends
Nisource (NI) has reported FCF Margin for 17 consecutive years, with 31.06% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 1837.0% year-over-year to 31.06%; the trailing twelve-month figure through Jun 2026 stood at 9.35% (up 91.0% YoY), and the FY2025 full-year result was 6.32%, up 894.0% from the prior year.
- FCF Margin declined to 31.06% in Q2 2026 per NI's latest filing, from 15.36% in the prior quarter.
- Across five years, FCF Margin topped out at 6.92% in Q1 2022 and bottomed at 43.78% in Q3 2022.
- Historically, FCF Margin has averaged 14.99% across 5 years, with a median of 13.71% in 2024.
- The sharpest annual moves came in 2025 and 2026: FCF Margin surged 1382 bps in 2025, then plunged 1837 bps in 2026.
- Over 5 years, FCF Margin stood at 18.0% in 2022, then plunged by 41 bps to 25.39% in 2023, then soared by 45 bps to 13.87% in 2024, then surged by 85 bps to 2.01% in 2025, then tumbled by 1443 bps to 31.06% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 31.06%, 15.36%, and 2.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.53 Bn | - | -45.44% |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | -31.06% |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | -8.69% |
| 4 | ONE Gas | 4.94 Bn | 4.91 Bn | 272.01 Mn | 9.11% |
| 5 | Rgc Resources | 219.91 Mn | 216.89 Mn | 11.98 Mn | -1.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -31.06% |
| Mar 31, 2026 | -15.36% |
| Dec 31, 2025 | -2.01% |
| Sep 30, 2025 | -13.56% |
| Jun 30, 2025 | -12.69% |
| Mar 31, 2025 | 2.25% |
| Dec 31, 2024 | -13.87% |
| Sep 30, 2024 | -27.38% |
| Jun 30, 2024 | -16.99% |
| Mar 31, 2024 | -7.81% |
| Dec 31, 2023 | -25.39% |
| Sep 30, 2023 | -36.87% |
| Jun 30, 2023 | -8.92% |
| Mar 31, 2023 | 6.42% |
| Dec 31, 2022 | -18.00% |
| Sep 30, 2022 | -43.78% |
| Jun 30, 2022 | -11.79% |
| Mar 31, 2022 | 6.92% |
| Dec 31, 2021 | -18.93% |
| Sep 30, 2021 | -26.93% |