Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource's (NI) Interest Coverage Ratio came in at 1.15 for Q2 2026, down 39.4% from 1.89 a year earlier and down 73.2% from the prior quarter.
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Analysis
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Nisource was 2.45, down 19.5% 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%).
- The Q2 2026 figure stands as the lowest quarterly Interest Coverage Ratio since Q3 2020.
- On a year-over-year basis, Interest Coverage Ratio has declined in each of the last three quarters, with an average decline of 5.9% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q3 2021, with growth of 78.8%; 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 4.28 (Q1 2026), 2.75 (Q4 2025) and 1.65 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 5.19 |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | - |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 0.59 |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 1.59 |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 1.89 |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 2.20 |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 2.08 |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 9.67 |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 3.25 |
| 10 | Nisource | 18.75 Bn | 20.72 Bn | 1.15 Bn | 1.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.74 |
API Access
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_KEYimport 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();