Nisource (NI) Minority Interest (2015 - 2026)
Nisource's Minority Interest came in at $2.32 billion for Q2 2026, up 9.7% from $2.11 billion a year earlier and up 2.2% from the prior quarter.
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Analysis
Nisource (NI) Minority Interest (2015 - 2026) Analysis & Trends
At the end of FY2025, Nisource's Minority Interest was $2.21 billion, up 11.4% from FY2024.
- Minority Interest has increased in each of the last five years, with a five-year compound annual growth rate of 91.6% (FY2020 to FY2025).
- Going back by year, Minority Interest was $1.98 billion in FY2024 (+6.3%), $1.87 billion in FY2023 (+471.9%), $326.4 million in FY2022 (+0.2%) and $325.6 million in FY2021 (+280.4%).
- The Q2 2026 figure represents the highest quarterly Minority Interest in data going back to Q1 2015.
- Year-over-year, Minority Interest has increased for 13 consecutive quarters, with growth averaging 39.7% over the last eight quarters.
- Across the past five years, year-over-year growth in Minority Interest ran from 0.0% in Q1 2023 to 476.3% in Q1 2024.
- Business Quant data shows NI's Minority Interest at $2.27 billion (Q1 2026), $2.21 billion (Q4 2025) and $2.12 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - |
| 10 | Nisource | 18.70 Bn | 20.67 Bn | 1.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.32 Bn |
| Mar 31, 2026 | 2.27 Bn |
| Dec 31, 2025 | 2.21 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 2.11 Bn |
| Mar 31, 2025 | 2.05 Bn |
| Dec 31, 2024 | 1.98 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 1.95 Bn |
| Mar 31, 2024 | 1.90 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 556.90 Mn |
| Jun 30, 2023 | 341.00 Mn |
| Mar 31, 2023 | 329.50 Mn |
| Dec 31, 2022 | 326.40 Mn |
| Sep 30, 2022 | 311.80 Mn |
| Jun 30, 2022 | 315.80 Mn |
| Mar 31, 2022 | 329.50 Mn |
| Dec 31, 2021 | 325.60 Mn |
| Sep 30, 2021 | 89.20 Mn |
API Access
Nisource Minority Interest 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=minority-interest&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();