Nisource (NI) Return on Equity [ROE] (2009 - 2026)
Nisource (NI) recorded Return on Equity [ROE] of 8.47% in Q3 2026, down 0.33 percentage points from 8.80% a year earlier but up 0.26 percentage points from the prior quarter.
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Analysis
Nisource (NI) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Nisource reported Return on Equity [ROE] of 9.07%, up 0.95 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +9.31 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 8.12% in FY2024 (+0.64 pp), 7.48% in FY2023 (-2.96 pp), 10.44% in FY2022 (+1.45 pp) and 8.98% in FY2021 (+9.22 pp).
- Quarterly Return on Equity [ROE] has ranged from 7.39% in Q1 2024 to 10.28% in Q4 2022 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of +0.44 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 8.75 percentage points in Q4 2021, against a drop of 2.75 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.22% (Q2 2026), 8.84% (Q1 2026) and 8.84% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 10.07% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 11.06% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 13.86% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 8.33% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 9.75% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 10.32% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 10.81% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 14.33% |
| 10 | Nisource | 21.72 Bn | 23.31 Bn | 1.14 Bn | 8.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.47% |
| Jun 30, 2026 | 8.22% |
| Mar 31, 2026 | 8.84% |
| Dec 31, 2025 | 8.84% |
| Sep 30, 2025 | 8.80% |
| Jun 30, 2025 | 8.83% |
| Mar 31, 2025 | 8.99% |
| Dec 31, 2024 | 8.05% |
| Sep 30, 2024 | 7.86% |
| Jun 30, 2024 | 8.09% |
| Mar 31, 2024 | 7.39% |
| Dec 31, 2023 | 7.53% |
| Sep 30, 2023 | 9.44% |
| Jun 30, 2023 | 8.84% |
| Mar 31, 2023 | 8.78% |
| Dec 31, 2022 | 10.28% |
| Sep 30, 2022 | 9.62% |
| Jun 30, 2022 | 9.59% |
| Mar 31, 2022 | 9.78% |
| Dec 31, 2021 | 8.50% |
API Access
Nisource Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();