Nisource (NI) Preferred Shares (2018 - 2023)
Nisource's Preferred Shares came in at $486.1 million for Q4 2023, down 68.6% from $1.55 billion a year earlier and down 57.8% from the prior quarter.
Analysis
Nisource (NI) Preferred Shares (2018 - 2023) Analysis & Trends
Going back to Q2 2018, Nisource's Preferred Shares data covers 23 quarters.
- Preferred Shares carries a five-year compound annual growth rate of -11.2% (FY2018 to FY2023).
- Going back by year, Preferred Shares was $1.55 billion in FY2022 (unchanged), $1.55 billion in FY2021 (+75.7%), $880 million in FY2020 (unchanged) and $880 million in FY2019 (unchanged).
- The Q4 2023 figure represents the lowest quarterly Preferred Shares since Q3 2018.
- Year-over-year, Preferred Shares has declined for three consecutive quarters, with an average decline of 8.0% over the last eight quarters.
- The fastest year-over-year change in Preferred Shares over five years came in Q3 2019 (growth of 123.4%), and the weakest in Q4 2023 (a decline of 68.6%).
- Business Quant data shows NI's Preferred Shares at $1.15 billion (Q3 2023), $1.15 billion (Q2 2023) and $1.55 billion (Q1 2023) in the three quarters before Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Preferred Shares (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 | - | 991.00 Mn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 30.40 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 129.00 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 1.17 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 |
|---|---|
| Dec 31, 2023 | 486.10 Mn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.15 Bn |
| Mar 31, 2023 | 1.55 Bn |
| Dec 31, 2022 | 1.55 Bn |
| Sep 30, 2022 | 1.55 Bn |
| Jun 30, 2022 | 1.55 Bn |
| Mar 31, 2022 | 1.55 Bn |
| Dec 31, 2021 | 1.55 Bn |
| Sep 30, 2021 | 1.72 Bn |
| Jun 30, 2021 | 1.72 Bn |
| Mar 31, 2021 | 880.00 Mn |
| Dec 31, 2020 | 880.00 Mn |
| Sep 30, 2020 | 880.00 Mn |
| Jun 30, 2020 | 880.00 Mn |
| Mar 31, 2020 | 880.00 Mn |
| Dec 31, 2019 | 880.00 Mn |
| Sep 30, 2019 | 880.00 Mn |
| Jun 30, 2019 | 880.00 Mn |
| Mar 31, 2019 | 880.00 Mn |
API Access
Nisource Preferred Shares 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=preferred-shares&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "preferred-shares", "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=preferred-shares&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();