NISOURCE INC.
Company Stats
- Market Cap
- $18.7B
- as of Sep 30, 2026
- Enterprise Value
- $34.1B
- Shares Outstanding
- 479.6M
- Free Float
- 99.6%
Income Statement
- Revenue
- $6.5B
- Operating Income
- $1.8B
- Net Income
- $929.5M
- EBITDA
- $3.0B
- Non-cash Impairment
- $700,000
- Revenue Growth, 3Y
- 4.4%
- FCF Margin, 3Y Avg
- -11.8%
- FCF Margin, Worst Year
- -15.8%
Cash Flow
- Free Cash Flow
- -$420.0M
- FCF Yield
- -2.2%
- Owner FCF Yield
- -2.5%
Balance Sheet
- Cash & Equivalents
- $110.1M
- Total Debt
- $15.5B
- Net Debt
- $15.4B
- Net Debt / EBITDA
- 5.12x
- EV / EBITDA
- 11.35x
- Net Debt / EBIT
- 8.37x
Returns & Capital
- Dividends Paid
- $530.4M
- Dividend Yield
- 2.8%
- Dividend Payout, 3Y Avg
- 59.4%
- SBC, 3Y Avg
- $42.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $6.5B | -$420.0M | -6.4% |
| FY2024 | $5.3B | -$832.5M | -15.8% |
| FY2023 | $5.3B | -$710.7M | -13.3% |
| FY2022 | $5.7B | -$793.7M | -13.8% |
| FY2021 | $4.7B | -$620.1M | -13.1% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
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