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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Nisource (NI) Net Margin (2016 - 2026)

Nisource filings provide 17 years of Net Margin readings, the most recent being 3.95% for Q4 2025.

  • On a quarterly basis, Net Margin fell 15.0% to 3.95% in Q4 2025 year-over-year; TTM through Dec 2025 was 8.3%, a 32.0% increase, with the full-year FY2025 number at 14.25%, up 25.0% from a year prior.
  • Net Margin hit 3.95% in Q4 2025 for Nisource, down from 7.64% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 22.44% in Q1 2022 to a low of 3.74% in Q2 2023.
  • Median Net Margin over the past 5 years was 8.17% (2024), compared with a mean of 10.63%.
  • Biggest five-year swings in Net Margin: skyrocketed 2682bps in 2021 and later plummeted -1374bps in 2024.
  • Nisource's Net Margin stood at 11.24% in 2021, then grew by 20bps to 13.54% in 2022, then soared by 32bps to 17.84% in 2023, then plummeted by -77bps to 4.1% in 2024, then fell by -4bps to 3.95% in 2025.
  • The last three reported values for Net Margin were 3.95% (Q4 2025), 7.64% (Q3 2025), and 8.2% (Q2 2025) per Business Quant data.