Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource (NI) reported Interest Coverage Ratio of 4.28 for Q1 2026, down 25.23% on a YoY basis from 5.72 in Q1 2025, and up 55.35% quarter-over-quarter from 2.75 in Q4 2025.
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nisource has reported Interest Coverage Ratio for 18 years, with the latest figure at 4.28 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 25.23% year-over-year to 4.28; the trailing twelve-month figure through Mar 2026 stood at 2.72 (down 11.16% YoY), and the FY2025 full-year result was 2.87, up 2.06% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 4.28, up from 2.75 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 7.17 in Q1 2022, with the low at 1.53 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 3.1 across 5 years, with a median of 2.57 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 40.06% — and 2023, when it slumped 32.01%.
- Nisource's Interest Coverage Ratio stood at 3.59 in 2022, then declined by 28.37% to 2.57 in 2023, then gained by 18.3% to 3.04 in 2024, then slipped by 9.53% to 2.75 in 2025, then surged by 55.35% to 4.28 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.28 (Q1 2026), 2.75 (Q4 2025), and 1.65 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 15.69 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 4.28 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 6.83 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 8.61 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 3.89 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 5.86 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 3.54 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | - |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 5.32 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | -1.84 |
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 |