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
DateValue
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