Nisource (NI) Return on Capital Employed [ROCE] (2010 - 2026)
Nisource (NI) recorded Return on Capital Employed [ROCE] of 5.70% in Q2 2026, up 0.20 percentage points from 5.50% a year earlier but down 0.13 percentage points from the prior quarter.
Nisource (NI) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Nisource reported Return on Capital Employed [ROCE] of 6.04%, up 0.72 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +3.30 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 5.33% in FY2024 (-0.15 pp), 5.48% in FY2023 (-0.61 pp), 6.09% in FY2022 (+1.14 pp) and 4.95% in FY2021 (+2.20 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 4.63% in Q3 2021 to 5.89% in Q4 2022 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for six consecutive quarters, with an average year-over-year change of +0.23 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 3.09 percentage points in Q3 2021, against a drop of 0.53 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.83% (Q1 2026), 5.79% (Q4 2025) and 5.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.32% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.53% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.51% |
| 10 | Nisource | 18.90 Bn | 20.87 Bn | 1.15 Bn | 5.70% |
Historic 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% |
Nisource Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();