Nisource (NI) Shares Outstanding (Diluted Average) (2009 - 2026)
Nisource (NI) reported Shares Outstanding (Diluted Average) of $480.9 million for Q1 2026, up 1.78% on a YoY basis from $472.5 million in Q1 2025, and up 1.35% quarter-over-quarter from $474.5 million in Q4 2025.
Nisource (NI) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends
Nisource has reported Shares Outstanding (Diluted Average) for 18 years, with the latest figure at $480.9 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 1.78% year-over-year to $480.9 million; the trailing twelve-month figure through Mar 2026 stood at $480.9 million (up 1.78% YoY), and the FY2025 full-year result was $474.5 million, up 4.06% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $480.9 million, up from $474.5 million in the prior quarter.
- The five-year high for Shares Outstanding (Diluted Average) was $480.9 million in Q1 2026, with the low at $440.8 million in Q2 2022.
- Historically, Shares Outstanding (Diluted Average) has averaged $455.1 million across 5 years, with a median of $449.4 million in 2024.
- Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) grew 12.06% — and 2024, when it advanced 0.51%.
- Nisource's Shares Outstanding (Diluted Average) stood at $442.7 million in 2022, then rose by 1.17% to $447.9 million in 2023, then increased by 1.81% to $456.0 million in 2024, then climbed by 4.06% to $474.5 million in 2025, then advanced by 1.35% to $480.9 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $480.9 million (Q1 2026), $474.5 million (Q4 2025), and $473.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 166.34 Mn |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 480.90 Mn |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 222.07 Mn |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 101.48 Mn |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | - |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 63.20 Mn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 206.99 Mn |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 100.79 Mn |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 24.05 Mn |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 480.90 Mn |
| Dec 31, 2025 | 474.50 Mn |
| Sep 30, 2025 | 473.70 Mn |
| Jun 30, 2025 | 472.10 Mn |
| Mar 31, 2025 | 472.50 Mn |
| Dec 31, 2024 | 456.00 Mn |
| Sep 30, 2024 | 451.40 Mn |
| Jun 30, 2024 | 449.80 Mn |
| Mar 31, 2024 | 449.40 Mn |
| Dec 31, 2023 | 447.90 Mn |
| Sep 30, 2023 | 447.40 Mn |
| Jun 30, 2023 | 446.80 Mn |
| Mar 31, 2023 | 447.10 Mn |
| Dec 31, 2022 | 442.70 Mn |
| Sep 30, 2022 | 441.70 Mn |
| Jun 30, 2022 | 440.80 Mn |
| Mar 31, 2022 | 441.40 Mn |
| Dec 31, 2021 | 417.30 Mn |
| Sep 30, 2021 | 415.80 Mn |
| Jun 30, 2021 | 422.90 Mn |