Nisource (NI) Tax Rate (2009 - 2026)

Nisource (NI) posted Tax Rate of 13.36% for Q1 2026, down 17.35% quarter-over-quarter from 16.17% in Q4 2025, and down 335.0% year-on-year from 5.69% in Q1 2025.

Nisource (NI) Tax Rate (2009 - 2026) Analysis & Trends

Nisource (NI) has reported Tax Rate for 18 consecutive years, with 13.36% the latest figure, recorded in Q1 2026.

  • Tax Rate for Q1 2026 came in at 13.36%, down 335.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.0% (down 121.0% YoY), and the FY2025 annual result was 16.75%, up 99.0% from the prior year.
  • Tax Rate was 13.36% for Q1 2026 at Nisource, down from 16.17% in the prior quarter.
  • Over five years, Tax Rate peaked at 23.34% in Q2 2023 and troughed at 3.72% in Q3 2023.
  • Average Tax Rate over 5 years is 16.05%, with a median of 16.14% recorded in 2025.
  • Year-over-year, Tax Rate slumped 1184 bps in 2023 and soared 1037 bps in 2024.
  • Over 5 years, Tax Rate stood at 15.63% in 2022, then advanced by 1 bps to 15.72% in 2023, then grew by 6 bps to 16.59% in 2024, then slipped by 3 bps to 16.17% in 2025, then dropped by 17 bps to 13.36% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 13.36% in Q1 2026, 16.17% in Q4 2025, and 16.14% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 20.68%
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 13.36%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 21.21%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 23.44%
5 Black Hills 5.61 Bn 5.58 Bn - 11.68%
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 17.06%
7 Mdu Resources 4.26 Bn 4.20 Bn - 5.46%
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 26.52%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 45.04%
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 22.58%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.36%
Mar 31, 2026 13.36%
Dec 31, 2025 16.17%
Dec 31, 2025 16.17%
Sep 30, 2025 16.14%
Sep 30, 2025 16.14%
Jun 30, 2025 19.15%
Jun 30, 2025 19.15%
Mar 31, 2025 16.71%
Mar 31, 2025 16.71%
Dec 31, 2024 16.59%
Dec 31, 2024 16.59%
Sep 30, 2024 14.08%
Sep 30, 2024 14.08%
Jun 30, 2024 14.58%
Jun 30, 2024 14.58%
Mar 31, 2024 15.96%
Mar 31, 2024 15.96%
Dec 31, 2023 15.72%
Dec 31, 2023 15.72%