Nisource (NI) FCF Payout Ratio (2010 - 2026)
Nisource (NI) reported FCF Payout Ratio of 0.41 for Q1 2026, down 115.27% on a YoY basis from 2.69 in Q1 2025, and down 117.06% quarter-over-quarter from 2.41 in Q4 2025.
Nisource (NI) FCF Payout Ratio (2010 - 2026) Analysis & Trends
Nisource has reported FCF Payout Ratio for 17 years, with the latest figure at 0.41 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 115.27% year-over-year to 0.41; the trailing twelve-month figure through Mar 2026 stood at 0.16 (up 164.22% YoY), and the FY2025 full-year result was 0.18, down 1703.27% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.41, down from 2.41 in the prior quarter.
- The five-year high for FCF Payout Ratio was 2.69 in Q1 2025, with the low at 1.13 in Q4 2022.
- Historically, FCF Payout Ratio has averaged 0.22 across 5 years, with a median of 0.04 in 2024.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio tumbled 445.18% — and 2023, when it soared 127.94%.
- Nisource's FCF Payout Ratio stood at 1.13 in 2022, then surged by 98.01% to 0.02 in 2023, then plunged by 78.45% to 0.04 in 2024, then surged by 6111.08% to 2.41 in 2025, then slumped by 117.06% to 0.41 in 2026.
- The last three FCF Payout Ratio figures came in at 0.41 (Q1 2026), 2.41 (Q4 2025), and 0.06 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | -0.59 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | -0.41 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 0.16 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 0.08 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 0.03 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 2.16 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.25 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | - |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | -0.68 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | -0.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.41 |
| Dec 31, 2025 | 2.41 |
| Sep 30, 2025 | -0.06 |
| Jun 30, 2025 | -0.17 |
| Mar 31, 2025 | 2.69 |
| Sep 30, 2024 | -0.04 |
| Jun 30, 2024 | -0.11 |
| Dec 31, 2023 | -0.02 |
| Sep 30, 2023 | -0.09 |
| Jun 30, 2023 | 0.08 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | -1.13 |
| Sep 30, 2022 | -0.07 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.06 |
| Dec 31, 2021 | -0.21 |
| Sep 30, 2021 | 0.67 |
| Jun 30, 2021 | -0.93 |
| Mar 31, 2021 | 0.10 |
| Dec 31, 2020 | 1.09 |