Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource's (NI) Interest Coverage Ratio came in at 1.62 for Q3 2026, down 2.3% from 1.65 a year earlier but up 41.2% from the prior quarter.
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Nisource was 2.41, down 18.2% year-over-year; for FY2025, it was 2.87, up 2.1% from FY2024.
- In prior years, Nisource's Interest Coverage Ratio was 2.81 in FY2024 (+6.4%), 2.65 in FY2023 (-24.4%), 3.50 in FY2022 (+18.6%) and 2.95 in FY2021 (+98.7%).
- Quarterly Interest Coverage Ratio has run from a low of 1.15 in Q2 2026 to a high of 7.17 in Q1 2022 over five years.
- On a year-over-year basis, Interest Coverage Ratio has declined in each of the last four quarters, with an average decline of 4.9% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2022, with growth of 40.1%; the weakest was Q2 2026, with a decline of 39.4%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.15 (Q2 2026), 4.28 (Q1 2026) and 2.75 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 2,624.00 |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 2.14 |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.99 |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 0.59 |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 3.21 |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.22 |
| 10 | Nisource | 21.54 Bn | 21.23 Bn | 1.14 Bn | 1.62 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.62 |
| Jun 30, 2026 | 1.15 |
| Mar 31, 2026 | 4.28 |
| Dec 31, 2025 | 2.75 |
| Sep 30, 2025 | 1.65 |
| Jun 30, 2025 | 1.89 |
| Mar 31, 2025 | 5.72 |
| Dec 31, 2024 | 3.04 |
| Sep 30, 2024 | 1.62 |
| Jun 30, 2024 | 1.83 |
| Mar 31, 2024 | 5.02 |
| Dec 31, 2023 | 2.57 |
| Sep 30, 2023 | 1.80 |
| Jun 30, 2023 | 1.53 |
| Mar 31, 2023 | 4.88 |
| Dec 31, 2022 | 3.59 |
| Sep 30, 2022 | 1.71 |
| Jun 30, 2022 | 1.70 |
| Mar 31, 2022 | 7.17 |
| Dec 31, 2021 | 3.25 |
Nisource Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();