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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Nisource (NI) Gross Margin (2016 - 2026)

Nisource filings provide 17 years of Gross Margin readings, the most recent being 92.62% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 667.0% to 92.62% in Q4 2025 year-over-year; TTM through Dec 2025 was 84.64%, a 678.0% decrease, with the full-year FY2025 number at 75.71%, down 286.0% from a year prior.
  • Gross Margin hit 92.62% in Q4 2025 for Nisource, up from 84.39% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 99.29% in Q4 2024 to a low of 42.13% in Q4 2022.
  • Median Gross Margin over the past 5 years was 71.92% (2025), compared with a mean of 73.15%.
  • Biggest five-year swings in Gross Margin: tumbled -6088bps in 2021 and later surged 3137bps in 2023.
  • Nisource's Gross Margin stood at 59.91% in 2021, then fell by -30bps to 42.13% in 2022, then skyrocketed by 74bps to 73.51% in 2023, then soared by 35bps to 99.29% in 2024, then decreased by -7bps to 92.62% in 2025.
  • The last three reported values for Gross Margin were 92.62% (Q4 2025), 84.39% (Q3 2025), and 68.22% (Q2 2025) per Business Quant data.