Nisource (NI) Return on Capital Employed (2011 - 2026)
Nisource's (NI) quarterly Return on Capital Employed came in at 5.83% in Q1 2026, up 5.0% YoY from 5.55% in Q1 2025, and up 0.62% on a QoQ basis from 5.79% in Q4 2025.
Nisource (NI) Return on Capital Employed (2011 - 2026) Analysis & Trends
Nisource (NI) has 16 years of Return on Capital Employed data on file, last reported at 5.83% in Q1 2026.
- Quarterly Return on Capital Employed rose 5.0% year-over-year to 5.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.83% (up 5.0% YoY) and the FY2025 annual result came in at 6.04%, up 72.0% from the prior year.
- Return on Capital Employed rose to 5.83% in Q1 2026, from 5.79% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 5.89% in Q4 2022 to a low of 4.98% in Q1 2024.
- A 5-year average of 5.48% and a median of 5.45% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 121 bps — and 2023, when it tumbled 53 bps.
- Tracing NI's Return on Capital Employed over 5 years: 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 | 29.11 Bn | 28.59 Bn | - | 6.24% |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | 5.70% |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 8.26% |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | 5.78% |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 7.84% |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 6.41% |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | 4.32% |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 7.66% |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 13.49% |
| 10 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | 4.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.70% |
| 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% |