NI
NiSourcePrevious close
44.57
Change
−0.18 / −0.40%
P/E (TTM) ?
23.7
Market Cap
$21.4B
1M
+14.28%
S&P 500 −0.91% over same period
Volume / Avg Volume
7.5M / 6.6M
1.13× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05
NiSource Q2 2026: GAAP EPS slides to $0.09, free cash flow -$417 million
NiSource's second-quarter GAAP profit fell to $45.5 million from $102.2 million a year ago, and adjusted EPS of $0.16 came in just under the $0.1635 consensus. Total operating revenue rose 4.6% to $1.3424 billion, but depreciation and maintenance costs ate the gain. Guidance was reaffirmed, so the story is spending and cash rather than demand — watch the $28.6 billion capital plan.
Read the full analysis →Revenue$1.29BYoY +0.50%
EPS (non-GAAP)$0.16Missest. $0.16
Next-day move+1.10%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-05 | $1.3B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-06 | $2.3B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-11 | $6.5B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $1.2B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-06 | $1.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-07 | $2.1B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 65 of its 5-year rangeMid-range
5-year range 17.4 – 29.0 · Median 20.8
Last 4 quarters: $0 in buybacks + $572M in dividends, 2.67% of market cap combined
P/E (TTM)
23.7
P/B
2.2
P/S
3.2
Dividend Yield
3.83%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.2% on average on the first trading day after, rising 3 times
Most recent +1.10%
Volatility & Correlation
1-year beta 0.14 · Correlation with S&P 500 0.10Low beta
Annualized volatility 18% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $1.6MNet selling $1.6M
- 08-14BIRMINGHAM MELODYEVP & Grp President, UtilitiesSell$1.6M37,509.173 shares · Avg price 42.40
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 1.30 | +4.7% | — | 0.13 | 0.27 |
| FY2026 Q2 | 1.29 | +3.4% | — | 0.05 | 0.09 |
| FY2026 Q1 | 2.32 | +8.0% | — | 0.51 | 1.06 |
| FY2025 Q4 | 6.52 | +23.5% | — | — | — |
| FY2025 Q3 | 1.24 | +18.6% | — | 0.09 | 0.20 |
| FY2025 Q2 | 1.25 | +18.3% | — | 0.10 | 0.22 |
| FY2025 Q1 | 2.15 | +30.8% | — | 0.47 | 1.00 |
| FY2024 Q4 | 5.28 | +282.3% | — | — | — |
| FY2024 Q3 | 1.05 | +4.3% | — | 0.09 | 0.19 |
| FY2024 Q2 | 1.05 | −1.2% | — | 0.09 | 0.19 |
| FY2024 Q1 | 1.64 | −13.3% | — | 0.37 | 0.77 |
| FY2023 Q4 | 1.38 | −17.9% | — | 0.24 | 0.51 |