Nisource (NI) Return on Capital Employed (2010 - 2026)
Nisource (NI) reported Return on Capital Employed of 5.83% for Q1 2026, up 5.0% on a YoY basis from 5.55% in Q1 2025, and up 0.62% quarter-over-quarter from 5.79% in Q4 2025.
Nisource (NI) Return on Capital Employed (2010 - 2026) Analysis & Trends
Nisource has reported Return on Capital Employed for 17 years, with the latest figure at 5.83% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 5.0% year-over-year to 5.83%; the trailing twelve-month figure through Mar 2026 stood at 5.83% (up 5.0% YoY), and the FY2025 full-year result was 6.04%, up 72.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 5.83%, up from 5.79% in the prior quarter.
- The five-year high for Return on Capital Employed was 5.89% in Q4 2022, with the low at 4.98% in Q1 2024.
- Historically, Return on Capital Employed has averaged 5.48% across 5 years, with a median of 5.45% in 2022.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 121 bps — and 2023, when it tumbled 53 bps.
- Nisource's Return on Capital Employed stood at 5.89% in 2022, then dropped by 9 bps to 5.36% in 2023, then dropped by 0 bps to 5.35% in 2024, then rose by 8 bps to 5.79% in 2025, then climbed by 1 bps to 5.83% in 2026.
- The last three Return on Capital Employed figures came in at 5.83% (Q1 2026), 5.79% (Q4 2025), and 5.66% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 6.07% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 5.83% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 8.41% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 7.27% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 5.55% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 6.27% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 4.23% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 5.21% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 7.69% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 13.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.83% |
| Dec 31, 2025 | 5.79% |
| Sep 30, 2025 | 5.66% |
| Jun 30, 2025 | 5.50% |
| Mar 31, 2025 | 5.78% |
| Dec 31, 2024 | 5.35% |
| Sep 30, 2024 | 5.21% |
| Jun 30, 2024 | 5.22% |
| Mar 31, 2024 | 4.98% |
| Dec 31, 2023 | 5.36% |
| Sep 30, 2023 | 5.60% |
| Jun 30, 2023 | 5.31% |
| Mar 31, 2023 | 5.23% |
| Dec 31, 2022 | 5.89% |
| Sep 30, 2022 | 5.57% |
| Jun 30, 2022 | 5.45% |
| Mar 31, 2022 | 5.42% |
| Dec 31, 2021 | 4.86% |
| Sep 30, 2021 | 4.63% |
| Jun 30, 2021 | 4.31% |