Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource's (NI) quarterly Interest Coverage Ratio came in at 4.28 in Q1 2026, down 25.23% YoY from 5.72 in Q1 2025, and up 55.35% on a QoQ basis from 2.75 in Q4 2025.
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nisource (NI) has 18 years of Interest Coverage Ratio data on file, last reported at 4.28 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 25.23% year-over-year to 4.28 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.72 (down 11.16% YoY) and the FY2025 annual result came in at 2.87, up 2.06% from the prior year.
- Interest Coverage Ratio advanced to 4.28 in Q1 2026, from 2.75 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7.17 in Q1 2022 to a low of 1.53 in Q2 2023.
- A 5-year average of 3.2 and a median of 2.75 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 40.06% — and 2023, when it slumped 32.01%.
- Tracing NI's Interest Coverage Ratio over 5 years: stood at 3.59 in 2022, then advanced by 18.4% to 4.25 in 2023, then slipped by 28.43% 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 | 29.04 Bn | 28.51 Bn | - | 9.67 |
| 2 | Nisource | 20.20 Bn | 20.13 Bn | 867.50 Mn | 1.15 |
| 3 | Ugi | 8.24 Bn | 7.76 Bn | 573.00 Mn | -0.40 |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 0.91 |
| 5 | Black Hills | 5.60 Bn | 5.52 Bn | - | 1.84 |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 2.66 |
| 7 | Mdu Resources | 4.34 Bn | 4.29 Bn | - | 1.52 |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 2.88 |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 1.71 |
Historic Data
Download 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 | 4.25 |
| 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 |