OakChart

NiSource Inc

NIUtilities·Utilities - Regulated Gas·USA·Large·NYSE·Nov 11 • 3:59 PM ET

45.55+0.26 (0.57%)
2026-11-12 01:34 CET
Market cap
21,724.21 USD m
Revenue, TTM
6,957.80 USD m
Net income, TTM
940.70 USD m
Free cash flow, TTM
-1,566.70 USD m
EPS diluted, TTM
1.96
P/E
23.27
Compare

Price

NI against its 20, 50 and 200-day averages
2050200beatmiss
40.0042.5045.0047.506.8M13.6MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NIclose 45.5520-day 43.9050-day 41.86200-day 44.9345.5552w high52w low

7.4% under the 52-week high of 49.21 on 29 Jun 2026. 52-week low 38.42 on 1 Oct 2026. Last 15 sessions, 6.6% high to low

Volume 0.89× normal · the line is the 50-bar volume average

Profile

NI
52-week range, 66% of the way up
38.4249.21

NiSource, Inc. is a holding company, which engages in the provision of energy solutions. It operates through the Columbia Operations and NIPSCO Operations segments. The Columbia Operations segment aggregates the results of the fully regulated and wholly owned subsidiaries of NiSource Gas Distribution Group, Inc. The NIPSCO Operations segment includes the results of NIPSCO Holdings I and its majority-owned subsidiaries, including NIPSCO, which has fully regulated gas and electric operations in northern Indiana. The company was founded in 1987 and is headquartered in Merrillville, IN.

IndexS&P 500, RUI
Employees7738
IPODec 19, 1962
Beta0.53
ATR, 14d0.86
Rel volume0.89
Short float4.16%
Insider own0.37%
Inst own96.86%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap21.85B
Enterprise Value42.41B
Income940.70M
Sales6.96B
Book/sh19.96
Cash/sh0.17
Dividend Est.1.20 (2.64%)
Dividend TTM1.20 (2.63%)
Dividend Ex-DateOct 30, 2026
Dividend Gr. 3/5Y6.01% 5.92%
Payout57.34%
Employees7738
IPODec 19, 1962

Ratios

P/E23.27
Forward P/E20.17
PEG2.11
P/S3.14
P/B2.28
P/C263.88
P/FCF-
EV/EBITDA13.22
EV/Sales6.10
Quick Ratio0.38
Current Ratio0.50
Debt/Eq1.91
LT Debt/Eq1.71
Option/ShortYes / Yes

Earnings

EPS (ttm)1.96
EPS next Y2.26
EPS next Q0.59
EPS this Y8.24%
EPS next Y9.80%
EPS next 5Y9.55%
EPS past 3/5Y4.91% -
Sales past 3/5Y4.32% 7.25%
EPS Y/Y TTM3.46%
Sales Y/Y TTM9.97%
EPS Q/Q34.62%
Sales Q/Q5.99%
EarningsOct 28 BMO
EPS/Sales Surpr.17.90% 0.80%

Ownership

Insider Own0.37%
Insider Trans-7.21%
Inst Own96.86%
Inst Trans-0.88%
ROA2.56%
ROE10.03%
ROIC3.61%
Gross Margin58.96%
Oper. Margin27.36%
Profit Margin13.52%
SMA203.75%
SMA508.81%
SMA2001.37%
Trades-

Technical

Shs Outstand479.60M
Shs Float477.88M
Short Float4.16%
Short Ratio3.53
Short Interest19.87M
52W High49.21 -7.44%
52W Low38.42 18.56%
Volatility2.74% 1.95%
ATR (14)0.86
RSI (14)68.44
Beta0.53
Rel Volume0.89
Avg Volume5.63M
Volume4,984,226

Performance

Perf Week0.57%
Perf Month9.79%
Perf Quarter8.25%
Perf Half Y-3.19%
Perf YTD9.08%
Perf Year3.66%
Perf 3Y82.20%
Perf 5Y81.55%
Perf 10Y112.75%
Recom1.65
Target Price48.50
Prev Close45.29
Price45.55
Change %0.57%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 22, 2026InitiatedHHSBC SecuritiesBuy$49.50+8.7%
Sep 29, 2026InitiatedBScotiabankSector Perform$43-5.6%
Jul 02, 2026InitiatedRRBC Capital MktsOutperform$52+14.2%
Mar 31, 2026InitiatedKKeyBanc Capital MarketsOverweight$52+14.2%
Oct 28, 2025InitiatedWWells FargoOverweight$47+3.2%
Oct 07, 2025InitiatedEEvercore ISIIn-line$45-1.2%
Sep 05, 2025DowngradeJJefferiesBuy → Hold$44-3.4%
Sep 12, 2024ResumedBBofA SecuritiesBuy$37-18.8%
Jul 11, 2024InitiatedMMizuhoOutperform$33-27.6%
Jan 22, 2024InitiatedBBarclaysOverweight$28-38.5%

Peers

Mkt cap
TickerCompanyMkt cap
ATOAtmos Energy Corp29.68B
CNPCenterpoint Energy Inc27.18B
OGSONE Gas Inc5.18B
SRSpire Inc5.22B
CMSCMS Energy Corp21.83B
SWXSouthwest Gas Holdings Inc6.72B
BKHBlack Hills Corp6.65B
NJRNew Jersey Resources Corp5.56B
DTEDTE Energy Co29.07B
WECWEC Energy Group Inc38.65B

Insider trading

latest 14 of 22
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Anderson ShawnEVP & CFONov 05 '26Sale45.586,500296,270153,580Nov 09 04:10 PM
Anderson ShawnOfficerNov 05 '26Proposed Sale45.586,500296,270Nov 05 11:28 AM
Anderson ShawnEVP & CFOOct 30 '26Sale45.006,500292,500160,080Nov 03 04:09 PM
Jefferson William Jr.EVP, Chief Op & Safety OfficerOct 30 '26Sale44.5640,0001,782,40058,375Nov 03 04:07 PM
Anderson ShawnOfficerOct 30 '26Proposed Sale45.006,500292,500Oct 30 04:13 PM
Jefferson William Jr.OfficerOct 30 '26Proposed Sale44.5640,0001,782,400Oct 30 12:29 PM
BIRMINGHAM MELODYEVP & Grp President, UtilitiesAug 14 '26Sale42.4037,5091,590,38978,527Aug 18 04:23 PM
BIRMINGHAM MELODYOfficerAug 14 '26Proposed Sale42.4037,5101,590,398Aug 14 02:45 PM
Berman Melanie B.EVP Administration & CHROMay 22 '26Sale47.6815,000715,20035,990May 27 04:07 PM
Yates Lloyd MDirector and President & CEOMay 21 '26Sale47.7319,905950,066519,557May 26 04:03 PM
Berman Melanie B.OfficerMay 22 '26Proposed Sale47.6815,000715,265May 22 11:18 AM
BIRMINGHAM MELODYEVP & Grp President, UtilitiesMay 14 '26Sale47.1910,000471,850117,899May 21 04:16 PM
BIRMINGHAM MELODYEVP & Grp President, UtilitiesMay 20 '26Sale47.432,500118,575116,036May 21 04:16 PM
Yates Lloyd MOfficerMay 21 '26Proposed Sale47.7319,905950,092May 21 03:13 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
XLUState Street Utilities Select Sector SPDR ETFAUM: 24.34B
IVViShares Core S&P 500 ETFAUM: 871.38B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
DVYiShares Select Dividend ETFAUM: 23.68B
TCAFT. Rowe Price Capital Appreciation Equity ETFAUM: 7.62B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-280.2700.2290.2701,3491,33913
2026Q22026-08-050.1600.1580.0941,3461,14713
2026Q12026-05-061.0601.0491.0602,3592,52211
2025Q42026-02-110.5100.4960.5351,6271,43010
2025Q32025-10-290.1900.1960.1991,2721,04411
2025Q22025-08-060.2200.2050.2161,2831,2139
2025Q12025-05-070.9800.8961.0032,1752,15712
2024Q42025-02-120.4900.4790.4751,7721,77511
2024Q32024-10-300.2000.1600.1881,08098612
2024Q22024-08-070.2100.1620.1901,093905.269
2024Q12024-05-080.8500.8280.7662,1722,3659
2023Q42024-02-210.5300.5490.5021,6181,7028
2023Q32023-11-010.1900.1580.1721,0331,1608
2023Q22023-08-020.1100.1060.0891,0931,1189
2023Q12023-05-030.7700.7550.7141,8671,8679
2022Q42023-02-220.5000.4820.5181,3451,3858

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.3201.2970.8725,3095,014
2020FY1.3201.310-0.1894,6925,159
2021FY1.3701.3561.2704,8584,851
2022FY1.4701.4511.6925,6185,331
2023FY1.6001.5931.4795,7765,819
2024FY1.7501.7361.6195,6535,773
2025FY1.9001.8841.9506,5096,136
2026FY-2.057--7,130
2027FY-2.258--7,539
2028FY-2.498--8,056
2029FY-2.778--8,843
2030FY-3.034--9,435

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-114102,0121,9242,089
2026Q4S2026-11-054202,0121,9242,089
2026Q4S2026-10-294202,0121,9242,089
2026Q4S2026-10-284201,9801,7972,089
2026Q4S2026-10-194201,9801,7972,089
2026Q4S2026-10-154301,9791,7972,089
2026Q4S2026-10-134401,9831,7972,089
2026Q4S2026-08-284311,9081,4992,089
2026Q4S2026-08-144211,8941,4992,089
2026Q4S2026-08-105312,1911,4993,379
2026Q4S2026-08-065212,1871,4993,379
2026Q4S2026-08-055302,1961,5463,379
2026Q4S2026-07-225202,1401,5463,379
2026Q4S2026-07-205202,1421,5463,379

Estimate history

EPS, annual0.389-0.1840.872-0.1891.271.6921.4791.6191.9531.9573
Period201720182019202020212022202320242025TTM
EPS, quarterly0.1880.4751.0030.2160.1990.5351.060.0940.268
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual4874.65114.55208.94681.74899.65850.65505.45455.16642.26957.8
Period201720182019202020212022202320242025TTM
Sales, quarterly1076.31587.82183.212831273.11902.92363.11342.41349.4
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual337.016372.364382.136391.76405.303412.143447.382469.822478.432479.603
Period201720182019202020212022202320242025MRQ
Shares, quarterly466.707469.822470.618470.784477.136478.432479.365479.498479.603
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue6,957.806,642.205,455.105,505.405,850.604,899.604,681.705,208.905,114.50
Cost of Goods Sold Incl. D&A2,855.302,752.002,175.402,441.502,931.302,140.701,835.202,252.202,360.90
Gross Profit4,102.503,890.203,279.703,063.902,919.302,758.902,846.502,956.702,753.60
Selling, General and Administrative Excl. Other1,877.701,710.201,515.201,494.901,489.401,456.001,585.901,354.702,352.90
Other Operating Expense321.00344.10300.00270.60268.30288.30299.20296.80274.80
Operating Income1,903.801,835.901,464.501,298.401,161.601,014.60961.401,305.20125.90
Interest Expense788.60639.00517.20489.60361.60341.10370.70378.90353.30
Unusual Expense0.000.706.100.000.000.00243.50414.5045.50
Net Income Before Taxes1,173.301,216.401,002.80813.90956.40706.60-31.30506.60-230.60
Income Taxes162.80203.80158.10139.50164.60117.80-17.10123.50-180.00
Consolidated Net Income1,007.701,010.00843.10673.80791.80588.80-14.20383.10-50.60
Net Income From Continuing Operations937.10926.90758.80713.70804.10584.90-17.60383.10-50.60
Net Income940.70926.90738.10661.10749.00529.80-72.70328.00-65.60
EPS (Recurring)1.961.951.631.481.691.270.251.64-0.09
EPS (Basic, Before Extraordinaries)1.961.961.631.591.841.35-0.190.88-0.18
EPS (Diluted)1.961.951.621.481.691.27-0.190.87-0.18
EBITDA3,207.503,003.502,507.702,206.601,982.401,763.001,687.302,022.60725.50
Non-Operating Income (Expense)58.1020.2061.605.10156.4033.10-378.50-5.2042.30
Other After Tax Adjustments-2.80-2.60-1.60-0.600.000.000.000.000.00
Stock Option Compensation Expense-29.8025.1016.2015.4012.7010.2012.3011.50
Price To Earnings Ratio23.1423.1422.3417.7817.9421.32-31.55-
Price To Sales Ratio2.702.983.072.162.072.351.882.011.77
Gross Margin58.9658.5760.1255.6549.9056.3160.8056.7653.84
Operating Margin27.3627.6426.8523.5819.8520.7120.5425.062.46
Net Margin13.5213.9513.5312.0112.8010.81-1.556.30-1.28
Shares Outstanding479.60478.43469.82447.38412.14405.30391.76382.14372.36
Market Capitalization21,724.2121,724.2117,158.8011,876.0011,136.1910,842.588,790.8810,399.479,429.26

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,349.401,342.402,363.101,902.901,273.101,283.002,183.201,587.80
Cost of Goods Sold Incl. D&A545.10555.80957.50796.90500.50548.50906.10654.70
Gross Profit804.30786.601,405.601,106.00772.60734.501,277.10933.10
Selling, General and Administrative Excl. Other428.50474.90489.20485.10401.10396.20427.80421.70
Other Operating Expense34.5083.6097.20105.7074.6074.2089.6089.60
Operating Income341.30228.10819.20515.20296.90264.10759.70421.80
Interest Expense210.50199.20191.60187.30179.80139.10132.80137.00
Unusual Expense0.000.000.000.000.000.400.303.20
Net Income Before Taxes152.1047.10642.00332.10127.60124.30632.40292.90
Income Taxes13.1010.2085.8053.7020.6023.80105.7048.60
Consolidated Net Income138.6036.80555.10277.20106.70100.20525.90243.60
Net Income From Continuing Operations129.1045.40506.00256.6094.40101.90474.00223.20
Net Income129.1045.40509.60256.6094.40101.90474.00223.20
EPS (Recurring)0.270.091.060.530.200.221.000.48
EPS (Basic, Before Extraordinaries)0.270.091.060.540.200.221.010.48
EPS (Diluted)0.270.091.060.530.200.221.000.47
EBITDA679.10590.301,107.50830.60603.80550.801,018.30699.90
Non-Operating Income (Expense)21.3018.2014.404.2010.50-0.305.8011.30
Other After Tax Adjustments-0.40-0.10-1.10-1.20-0.30-0.30-0.80-0.70
Price To Earnings Ratio23.1423.6623.8922.0623.0121.7324.7622.34
Price To Sales Ratio2.703.333.293.023.243.113.193.17
Gross Margin59.6058.6059.4858.1260.6957.2558.5058.77
Operating Margin25.2916.9934.6727.0723.3220.5834.8026.57
Net Margin9.573.3821.5613.487.417.9421.7114.06
Shares Outstanding479.60479.50479.36478.43477.14470.78470.62469.82
Market Capitalization21,724.2122,797.3222,328.3519,927.7120,388.0218,988.1618,839.8917,158.80

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments135.70198.602,281.1075.4094.90125.60148.40121.1038.40
Short Term Receivables1,263.501,009.90928.001,170.00925.20825.40905.401,146.90944.70
Inventories449.50389.10503.20751.90498.70401.10424.70422.50471.10
Other Current Assets528.50482.60787.10587.00402.00307.30375.40364.90309.10
Total Current Assets2,377.202,080.204,499.402,584.301,920.801,659.401,853.902,055.401,763.30
Net Property, Plant & Equipment28,714.0025,480.3022,307.8019,878.3017,915.6016,659.4016,976.4015,542.5014,359.50
Total Investments and Advances281.90196.60269.30309.00273.50254.80230.20206.10209.60
Intangible Assets1,485.901,485.901,485.901,485.901,485.901,485.901,485.901,911.401,922.40
Deferred Tax Assets693.30676.50758.401,021.801,103.601,200.501,413.101,502.901,277.30
Other Assets2,999.702,545.102,514.802,479.102,561.101,981.002,113.402,088.601,706.90
Total Assets36,552.0032,464.6031,835.6027,758.4025,260.5023,241.0024,072.9023,306.9021,239.00
Short Term Debt Incl. Current Port. of LT Debt765.401,894.903,080.701,796.70624.80536.601,799.802,027.201,490.00
Accounts Payable1,249.90954.90799.901,047.10805.50637.50725.70969.30685.20
Other Current Liabilities1,442.101,263.601,384.501,816.701,315.901,105.301,220.301,040.301,003.20
Total Current Liabilities3,457.404,113.405,265.104,660.502,746.202,279.403,745.804,036.803,178.40
Long Term Debt15,475.0012,092.7011,081.309,555.509,211.309,249.707,907.807,105.407,512.20
Provision for Risks Charges935.00906.10730.60723.60762.20813.20799.80752.30618.20
Deferred Tax Liabilities3,193.402,958.102,838.802,876.302,763.002,671.102,898.402,833.402,570.20
Other Liabilities1,831.301,726.001,783.502,040.702,504.902,389.802,734.402,828.103,039.90
Total Liabilities24,892.1021,796.3021,699.3019,856.6017,987.6017,403.2018,086.2017,556.0016,918.90
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.00486.101,546.501,546.50880.00880.00880.000.00
Common Equity9,450.108,684.207,783.506,028.905,400.804,872.205,106.704,870.904,320.10
Total Shareholders Equity9,450.108,684.208,269.607,575.406,947.305,752.205,986.705,750.904,320.10
Accumulated Minority Interest2,209.801,984.101,866.70326.40325.6085.600.000.000.00
Total Equity11,659.9010,668.3010,136.307,901.807,272.905,837.805,986.705,750.904,320.10
Total Liabilities & Stockholders Equity36,552.0032,464.6031,835.6027,758.4025,260.5023,241.0024,072.9023,306.9021,239.00
Book Value Per Share19.7518.4817.4014.6313.3312.4413.3613.0812.82
Tangible Book Value Per Share16.6515.3214.0811.029.668.649.487.957.11
Full-Time Employees7,7387,7467,4117,1177,2727,3898,3638,0878,175
Price to Book Ratio2.272.061.811.972.071.842.081.942.07
Return on Assets2.692.362.403.032.41-0.071.62-0.230.64
Return on Equity10.228.959.0111.079.21-0.306.53-1.003.07
Return on Invested Capital3.723.653.694.693.62-0.122.76-0.391.09
Quick Ratio0.560.410.760.390.520.550.380.400.41
Current Ratio0.690.510.850.550.700.730.490.510.55

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,008.901,012.60844.70674.40791.80588.80-14.20383.10-50.60
Depreciation1,303.701,167.601,043.20908.20820.80748.40725.90717.40599.60
Other Funds (Non Cash)62.502.70-78.8018.50-87.7011.00670.40439.7069.10
Funds from Operations2,619.602,418.701,977.101,735.201,681.801,460.101,353.101,658.40429.90
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-237.50-56.40-195.60199.90-285.40-260.40-249.10-75.10110.20
Cash from Operating Activities2,382.102,362.301,781.501,935.101,396.401,199.701,104.001,583.30540.10
Capital Expenditures-3,948.80-2,782.30-2,614.00-2,645.80-2,203.10-1,838.00-1,758.10-1,802.40-1,818.20
Net Assets From Acquisitions0.000.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses450.90231.4099.502,402.8021.20245.801,198.100.000.00
Purchase or Sale of Investments-54.60-54.6075.40-2.902.20-5.10-13.30-8.30-7.70
Purchase of Investments-93.90-93.90-17.80-42.80-73.50-102.90-144.70-140.40-90.00
Sale Or Maturity of Investments39.3039.3093.2039.9075.7097.80131.40132.1082.30
Other Uses-696.80-1,687.20-675.20-925.90-475.60-362.50-223.60-113.20-104.30
Other Sources0.000.000.803.00106.300.000.001.504.10
Cash from Investing Activities-4,249.30-4,292.70-3,113.50-1,168.80-2,549.00-1,959.80-796.90-1,922.40-1,926.10
Cash Dividends Paid-571.50-530.40-489.20-463.50-436.60-400.30-376.70-354.60-284.90
Change in Capital Stock63.40312.10112.50-381.00154.301,139.50211.40244.401,724.20
Repurchase of Common Pref Stock0.000.00-500.10-393.900.000.000.000.00-4.00
Sale of Common Pref Stock63.40312.10612.6012.90154.301,139.50211.40244.401,728.20
Proceedsfrom Stock Options63.40312.10612.6012.90154.301,139.50211.40244.401,728.20
Issuance or Reduction of Debt, Net2,458.202,174.60-307.402,364.601,487.5031.30-164.60476.6029.40
Change in Long Term Debt2,938.202,043.202,136.601,078.20285.30-25.701,105.50680.60-742.10
Issuance of Long Term Debt2,967.403,325.202,162.201,458.50345.600.002,727.50732.20304.00
Reduction of Long Term Debt-29.20-1,282.00-25.60-380.30-60.30-25.70-1,622.00-51.60-1,046.10
Net Financing Active Other Cash Flow-119.60-88.80-66.40-80.70-72.10-41.100.000.000.00
Other Financing Activities Uses-119.60-88.80-66.40-80.70-72.10-41.100.000.000.00
Cash from Financing Activities1,830.501,867.50-750.501,439.401,133.10729.40-329.90366.401,468.70
Net Change in Cash-36.70-62.90-2,082.502,205.70-19.50-30.70-22.8027.3082.70
Free Cash Flow-1,566.70-420.00-832.50-710.70-806.70-638.30-654.10-219.10-1,278.10
Preferred Dividends (Cash Flow)-0.00-8.20-50.00-55.10-55.10-55.10-56.10-11.60
Deferred Taxes & Investment Tax Credit-235.80168.00134.10156.90111.90-29.00118.20-188.20

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments82.8095.4097.10135.70119.50365.60
Short Term Receivables878.90892.001,316.201,263.50743.90811.60
Inventories528.00408.40303.50449.50475.30368.00
Other Current Assets873.80803.60692.20528.50509.50453.60
Total Current Assets2,363.502,199.402,409.002,377.201,848.201,998.80
Net Property, Plant & Equipment31,595.4030,521.3029,427.4028,714.0028,000.1027,451.50
Total Investments and Advances306.20301.70293.10281.90295.70280.00
Intangible Assets1,485.901,485.901,485.901,485.901,485.901,485.90
Deferred Tax Assets---693.30--
Other Assets3,115.803,035.302,985.602,999.702,773.002,812.70
Total Assets38,866.8037,543.6036,601.0036,552.0034,402.9034,028.90
Short Term Debt Incl. Current Port. of LT Debt1,881.801,790.401,307.80765.401,291.301,282.20
Accounts Payable1,322.401,212.401,055.801,249.90812.00764.60
Other Current Liabilities1,565.701,411.701,363.201,442.101,430.101,365.50
Total Current Liabilities4,769.904,414.503,726.803,457.403,533.403,412.30
Long Term Debt16,380.8015,612.6015,458.9015,475.0014,472.1014,473.80
Provision for Risks Charges971.00951.90951.30935.00925.80955.30
Deferred Tax Liabilities2,691.802,623.802,588.203,193.402,405.402,387.20
Other Liabilities2,098.902,046.401,948.301,831.301,824.401,803.40
Total Liabilities26,912.4025,649.2024,673.5024,892.1023,161.1023,032.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity9,571.209,574.609,658.209,450.109,118.208,882.50
Total Shareholders Equity9,571.209,574.609,658.209,450.109,118.208,882.50
Accumulated Minority Interest2,383.202,319.802,269.302,209.802,123.602,114.40
Total Equity11,954.4011,894.4011,927.5011,659.9011,241.8010,996.90
Total Liabilities & Stockholders Equity38,866.8037,543.6036,601.0036,552.0034,402.9034,028.90
Book Value Per Share19.9619.9720.1519.7519.1118.87
Tangible Book Value Per Share16.8616.8717.0516.6516.0015.71
Full-Time Employees---7,738--
Price to Book Ratio2.272.362.362.192.292.13
Return on Assets2.562.522.752.692.742.77
Return on Equity10.039.7810.3410.2210.2310.56
Return on Invested Capital0.500.182.011.030.400.44
Quick Ratio0.380.410.560.560.390.48
Current Ratio0.500.500.650.690.520.59

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income138.6035.70556.20278.40107.00100.50
Depreciation337.80362.20288.30315.40306.90286.70
Other Funds (Non Cash)5.2024.502.8030.00-19.10-4.90
Funds from Operations536.20454.20923.10706.10427.90411.40
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital10.60226.20-480.806.5040.0084.00
Cash from Operating Activities546.80680.40442.30712.60467.90495.40
Capital Expenditures-1,199.90-1,097.40-805.20-846.30-640.50-658.20
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses240.3091.0033.5086.1011.0099.50
Purchase or Sale of Investments0.000.000.00-54.600.000.00
Purchase of Investments0.000.000.00-93.900.000.00
Sale Or Maturity of Investments0.000.000.0039.300.000.00
Other Uses-266.00-136.80-67.40-226.60-189.80-555.40
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-1,225.60-1,143.20-839.10-1,041.40-819.30-1,114.10
Cash Dividends Paid-144.20-144.30-149.00-134.00-132.20-132.20
Preferred Dividends (Cash Flow)---0.000.000.00
Change in Capital Stock3.403.103.9053.00252.303.60
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock3.403.103.9053.00252.303.60
Proceedsfrom Stock Options3.403.103.9053.00252.303.60
Issuance or Reduction of Debt, Net826.40636.20549.10446.50-0.70841.80
Change in Long Term Debt738.401,235.20-5.90970.50-1,260.701,612.80
Issuance of Long Term Debt742.501,239.700.00985.20-4.301,618.20
Reduction of Long Term Debt-4.10-4.50-5.90-14.70-1,256.40-5.40
Net Financing Active Other Cash Flow-19.40-33.90-45.80-20.50-14.10-32.60
Other Financing Activities Uses-19.40-33.90-45.80-20.50-14.10-32.60
Cash from Financing Activities666.20461.10358.20345.00105.30680.60
Net Change in Cash-12.60-1.70-38.6016.20-246.1061.90
Free Cash Flow-653.10-417.00-362.90-133.70-172.60-162.80

Revenue breakdown

Total Electric & Other Services Combined revenue2024: 5.28B 2025: 6.52B
United States2024: 5.28B 2025: 6.52B
Columbia Operations2024: 2.63B 2025: 3.32B
NIPSCO Operations2024: 2.65B 2025: 3.20B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.16%19.9M477.9M5.89M
2026-10-153.34%15.9M477.8M5.50M
2026-09-303.50%16.7M477.8M5.49M
2026-09-153.08%14.7M477.8M5.30M
2026-08-313.07%14.7M477.8M5.04M
2026-08-142.80%13.4M477.8M4.81M
2026-07-312.79%13.3M477.7M4.48M
2026-07-152.42%11.5M477.6M4.72M
2026-06-302.69%12.8M477.7M4.54M
2026-06-152.27%10.8M477.5M4.12M
2026-05-292.28%10.9M477.7M4.23M
2026-05-152.46%11.7M477.2M4.28M
2026-04-302.22%10.6M477.3M4.34M
2026-04-152.32%11.1M477.2M4.06M
2026-03-312.61%12.4M477.1M4.06M
2026-03-132.55%12.2M477.1M4.01M
2026-02-272.38%11.4M477.1M3.86M
2026-02-131.80%8.6M477.1M3.77M
2026-01-301.82%8.6M475.8M3.58M
2026-01-152.27%10.8M475.9M3.68M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call22.5021.2024.3025.304.0301.000.000.990-0.0200.002
call25.0019.1021.5021.903.2532.000.000.989-0.0200.002
call30.0013.8016.8014.252.6790.000.000.985-0.0190.003
call35.009.6011.109.951.4652.000.000.921-0.0760.010
call40.004.705.904.720.7632.000.000.830-0.0970.018
call45.000.701.150.750.3009576.000.595-0.0590.027
call50.000.000.050.050.3552957.000.050-0.0150.007
call55.000.000.450.050.6281430.000.030-0.0170.005
call60.000.002.150.500.8581.000.000.023-0.0190.004
call65.000.002.150.001.0610.000.000.019-0.0200.003
put22.500.002.150.002.0300.000.00-0.009-0.0200.002
put25.000.002.150.051.7811.000.00-0.011-0.0200.002
put30.000.000.050.051.21121.000.00-0.015-0.0170.003
put35.000.000.350.051.2871850.00-0.078-0.0750.010
put40.000.000.650.050.9474650.00-0.169-0.0950.018
put45.000.000.950.960.43077.000.00-0.405-0.0570.027
put50.004.304.804.700.5930.001.00-0.949-0.0130.007
put55.009.1010.6011.141.4020.000.00-0.969-0.0140.005
put60.0013.6016.0016.111.9560.000.00-0.976-0.0150.004
put65.0018.3021.3017.852.4200.000.00-0.980-0.0160.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-098-KCurrent report2026-11-09SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-03424B2SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-11-02FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-02424B5SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-288-KCurrent report2026-10-28SEC
2026-10-168-KCurrent report2026-10-15SEC
2026-08-188-KCurrent report2026-08-18SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-14SEC
2026-08-14144Filing for proposed sale of securities under Rule 144.SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14424B2SEC
2026-08-13FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-13424B5SEC
2026-08-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-07-154Statement of changes in beneficial ownership of securities2026-07-13SEC
2026-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-264Statement of changes in beneficial ownership of securities2026-05-21SEC
2026-05-22144Filing for proposed sale of securities under Rule 144.SEC
2026-05-21144Filing for proposed sale of securities under Rule 144.SEC
2026-05-214Statement of changes in beneficial ownership of securities2026-05-14SEC
2026-05-20144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100296.27K1
2026-10002.07M2
2026-090000
2026-08001.59M1
2026-070000
2026-060000
2026-05002.26M4
2026-040000
2026-030000
2026-0200662.68K2
2026-010000
2025-120000
2025-1100345.04K1

Institutional holders

Manager% owned
BlackRock, Inc.11.46%
VANGUARD CAPITAL MANAGEMENT LLC6.54%
T. Rowe Price Investment Management, Inc.6.22%
STATE STREET CORP5.76%
VANGUARD PORTFOLIO MANAGEMENT LLC5.65%
GEODE CAPITAL MANAGEMENT, LLC2.76%
JENNISON ASSOCIATES LLC1.93%
DEUTSCHE BANK AG\1.76%
FMR LLC1.75%
Invesco Ltd.1.62%

Funds

Fund% owned
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND13.26%
Fidelity Investment Grade Bond Central Fund8.50%
TCW METWEST TOTAL RETURN BOND FUND8.49%
Fidelity Total Bond ETF6.64%
Spectrum Preferred and Capital Securities Income Fund6.26%
VANGUARD TOTAL BOND MARKET INDEX FUND5.26%
VANGUARD WELLESLEY INCOME FUND4.69%
First Trust Preferred Securities and Income ETF4.53%
LORD ABBETT BOND DEBENTURE FUND INC4.51%
Bond Fund4.36%

OakChart. NI. Cached 15 minutes.