Nisource NI
NYSE NI
$41.67 -0.23 (-0.55%)
As of: Sep 9, 2026 · 3:10 PM EDT

Nisource (NI) Tax Rate (2009 - 2026)

Nisource's (NI) quarterly Tax Rate came in at 21.66% in Q2 2026, up 251.0% on a YoY basis from 6.17% in Q2 2025, and up 62.04% quarter-over-quarter from 13.36% in Q1 2026.

Analysis

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

Nisource (NI) has reported Tax Rate for 18 consecutive years, with 21.66% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 251.0% year-over-year to 21.66%; the trailing twelve-month figure through Jun 2026 stood at 14.82% (down 186.0% YoY), and the FY2025 full-year result was 16.75%, up 99.0% from the prior year.
  • Tax Rate improved to 21.66% in Q2 2026 per NI's latest filing, from 13.36% in the prior quarter.
  • Across five years, Tax Rate topped out at 23.34% in Q2 2023 and bottomed at 3.72% in Q3 2023.
  • Historically, Tax Rate has averaged 16.37% across 5 years, with a median of 16.16% in 2025.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate sank 1184 bps in 2023, then surged 1037 bps in 2024.
  • Over 5 years, Tax Rate stood at 15.63% in 2022, then gained by 1 bps to 15.72% in 2023, then climbed by 6 bps to 16.59% in 2024, then decreased by 3 bps to 16.17% in 2025, then surged by 34 bps to 21.66% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 21.66%, 13.36%, and 16.17% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Atmos Energy 28.06 Bn 27.54 Bn - 19.98%
2 Nisource 19.98 Bn 19.91 Bn 867.50 Mn 21.66%
3 New Jersey Resources 5.39 Bn 5.35 Bn 243.61 Mn 29.25%
4 ONE Gas 4.94 Bn 4.91 Bn 272.01 Mn 17.58%
5 Rgc Resources 219.91 Mn 216.89 Mn 11.98 Mn 21.69%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.66%
Mar 31, 2026 13.36%
Dec 31, 2025 16.17%
Sep 30, 2025 16.14%
Jun 30, 2025 19.15%
Mar 31, 2025 16.71%
Dec 31, 2024 16.59%
Sep 30, 2024 14.08%
Jun 30, 2024 14.58%
Mar 31, 2024 15.96%
Dec 31, 2023 15.72%
Sep 30, 2023 3.72%
Jun 30, 2023 23.34%
Mar 31, 2023 20.25%
Dec 31, 2022 15.63%
Sep 30, 2022 15.56%
Jun 30, 2022 17.70%
Mar 31, 2022 18.24%
Dec 31, 2021 13.57%
Sep 30, 2021 19.22%