Nisource (NI) Interest Coverage Ratio (2009 - 2026)
Nisource's (NI) quarterly Interest Coverage Ratio came in at 1.15 in Q2 2026, down 39.41% on a YoY basis from 1.89 in Q2 2025, and down 73.22% quarter-over-quarter from 4.28 in Q1 2026.
Analysis
Nisource (NI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nisource (NI) has reported Interest Coverage Ratio for 18 consecutive years, with 1.15 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 39.41% year-over-year to 1.15; the trailing twelve-month figure through Jun 2026 stood at 2.45 (down 19.51% YoY), and the FY2025 full-year result was 2.87, up 2.06% from the prior year.
- Interest Coverage Ratio slipped to 1.15 in Q2 2026 per NI's latest filing, from 4.28 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 7.17 in Q1 2022 and bottomed at 1.15 in Q2 2026.
- Historically, Interest Coverage Ratio has averaged 2.99 across 5 years, with a median of 2.23 in 2023.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio jumped 40.06% in 2022, then tumbled 39.41% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 3.59 in 2022, then retreated by 28.37% to 2.57 in 2023, then climbed by 18.3% to 3.04 in 2024, then declined by 9.53% to 2.75 in 2025, then slumped by 58.4% to 1.15 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.15, 4.28, and 2.75 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.53 Bn | - | 9.67 |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | 1.15 |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | 0.91 |
| 4 | ONE Gas | 4.94 Bn | 4.91 Bn | 272.01 Mn | 2.66 |
| 5 | Rgc Resources | 219.91 Mn | 216.89 Mn | 11.98 Mn | 0.76 |
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 |