Growth Metrics

Nisource (NI) Net Margin (2016 - 2025)

Nisource's Net Margin history spans 17 years, with the latest figure at 3.95% for Q4 2025.

  • For Q4 2025, Net Margin fell 15.0% year-over-year to 3.95%; the TTM value through Dec 2025 reached 8.3%, up 32.0%, while the annual FY2025 figure was 14.25%, 25.0% up from the prior year.
  • Net Margin reached 3.95% in Q4 2025 per NI's latest filing, 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.
  • Average Net Margin over 5 years is 10.63%, with a median of 8.17% recorded in 2024.
  • Peak YoY movement for Net Margin: soared 2682bps in 2021, then crashed -1374bps in 2024.
  • A 5-year view of Net Margin shows it 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.
  • Per Business Quant, the three most recent readings for NI's Net Margin are 3.95% (Q4 2025), 7.64% (Q3 2025), and 8.2% (Q2 2025).