Growth Metrics

Nisource (NI) Tax Rate (2016 - 2025)

Nisource's Tax Rate history spans 17 years, with the latest figure at 16.17% for Q4 2025.

  • For Q4 2025, Tax Rate fell 42.0% year-over-year to 16.17%; the TTM value through Dec 2025 reached 16.75%, up 99.0%, while the annual FY2025 figure was 16.75%, 99.0% up from the prior year.
  • Tax Rate reached 16.17% in Q4 2025 per NI's latest filing, roughly flat from 16.14% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 23.34% in Q2 2023 to a low of 3.72% in Q3 2023.
  • Average Tax Rate over 5 years is 16.43%, with a median of 16.38% recorded in 2025.
  • The largest YoY upside for Tax Rate was 4198bps in 2021 against a maximum downside of -47284bps in 2021.
  • A 5-year view of Tax Rate shows it stood at 13.57% in 2021, then rose by 15bps to 15.63% in 2022, then grew by 1bps to 15.72% in 2023, then rose by 6bps to 16.59% in 2024, then decreased by -3bps to 16.17% in 2025.
  • Per Business Quant, the three most recent readings for NI's Tax Rate are 16.17% (Q4 2025), 16.14% (Q3 2025), and 19.15% (Q2 2025).