Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource (NI) posted Interest Coverage Ratio of 4.28 for Q1 2026, up 55.35% quarter-over-quarter from 2.75 in Q4 2025, and down 25.23% year-on-year from 5.72 in Q1 2025.
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nisource (NI) has reported Interest Coverage Ratio for 18 consecutive years, with 4.28 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 4.28, down 25.23% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.72 (down 11.16% YoY), and the FY2025 annual result was 2.87, up 2.06% from the prior year.
- Interest Coverage Ratio was 4.28 for Q1 2026 at Nisource, up from 2.75 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 7.17 in Q1 2022 and troughed at 1.53 in Q2 2023.
- Average Interest Coverage Ratio over 5 years is 3.1, with a median of 2.57 recorded in 2023.
- Year-over-year, Interest Coverage Ratio surged 40.06% in 2022 and plunged 32.01% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 3.59 in 2022, then decreased by 28.37% to 2.57 in 2023, then grew by 18.3% to 3.04 in 2024, then fell by 9.53% to 2.75 in 2025, then surged by 55.35% to 4.28 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 4.28 in Q1 2026, 2.75 in Q4 2025, and 1.65 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 15.69 |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 4.28 |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 6.83 |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 8.61 |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 3.89 |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 5.86 |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 3.54 |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 5.32 |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | - |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 7.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.74 |
| Jun 30, 2021 | 1.68 |