NiSource Past Earnings Performance

Past criteria checks 4/6

NiSource has been growing earnings at an average annual rate of 31.1%, while the Integrated Utilities industry saw earnings growing at 7.6% annually. Revenues have been growing at an average rate of 2.9% per year. NiSource's return on equity is 7.7%, and it has net margins of 14%.

Key information

31.1%

Earnings growth rate

28.8%

EPS growth rate

Integrated Utilities Industry Growth5.1%
Revenue growth rate2.9%
Return on equity7.7%
Net Margin14.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Does NiSource (NYSE:NI) Have A Healthy Balance Sheet?

Oct 11
Does NiSource (NYSE:NI) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At NiSource (NYSE:NI)

Sep 27
Returns On Capital Are Showing Encouraging Signs At NiSource (NYSE:NI)

Is Now The Time To Put NiSource (NYSE:NI) On Your Watchlist?

Sep 12
Is Now The Time To Put NiSource (NYSE:NI) On Your Watchlist?

There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Aug 29
There's Reason For Concern Over NiSource Inc.'s (NYSE:NI) Price

Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

Aug 16
Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

Jul 03
NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

NiSource's Equity Issuance Reduces Upside (Rating Downgrade)

Jun 21

NiSource (NYSE:NI) Is Doing The Right Things To Multiply Its Share Price

Jun 01
NiSource (NYSE:NI) Is Doing The Right Things To Multiply Its Share Price

A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

May 03
A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

NiSource Inc.: While Slightly Undervalued, Higher For Longer May Bring A Deeper Discount

Apr 08

With NiSource Inc. (NYSE:NI) It Looks Like You'll Get What You Pay For

Apr 05
With NiSource Inc. (NYSE:NI) It Looks Like You'll Get What You Pay For

NiSource: A Less Risky Infrastructure Investment With A Growing Yield

Mar 08

NiSource (NYSE:NI) Shareholders Will Want The ROCE Trajectory To Continue

Jan 08
NiSource (NYSE:NI) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

Dec 21
A Look At The Fair Value Of NiSource Inc. (NYSE:NI)

NiSource: On Your Mark, Get Set, But Not Yet

Dec 13

NiSource: Positioned For Solid Dividend Growth

Nov 20

Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

Sep 18
Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)

NiSource: A Stable Utility Trading At An Attractive Valuation

Sep 10

NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

Aug 01
NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet

NiSource Stock Looks Fairly Valued

Jun 30

NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

Jun 19
NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

Calculating The Fair Value Of NiSource Inc. (NYSE:NI)

May 29
Calculating The Fair Value Of NiSource Inc. (NYSE:NI)

Here's Why We Think NiSource (NYSE:NI) Might Deserve Your Attention Today

Apr 23
Here's Why We Think NiSource (NYSE:NI) Might Deserve Your Attention Today

NiSource's (NYSE:NI) Upcoming Dividend Will Be Larger Than Last Year's

Apr 05
NiSource's (NYSE:NI) Upcoming Dividend Will Be Larger Than Last Year's

NiSource: A Risky Bet In A Stable Industry

Feb 21

Investors Met With Slowing Returns on Capital At NiSource (NYSE:NI)

Feb 11
Investors Met With Slowing Returns on Capital At NiSource (NYSE:NI)

NiSource declares $0.25 dividend

Jan 26

NiSource Inc.'s (NYSE:NI) Intrinsic Value Is Potentially 100% Above Its Share Price

Jan 21
NiSource Inc.'s (NYSE:NI) Intrinsic Value Is Potentially 100% Above Its Share Price

Here's What To Make Of NiSource's (NYSE:NI) Decelerating Rates Of Return

Nov 08
Here's What To Make Of NiSource's (NYSE:NI) Decelerating Rates Of Return

NiSource Q3 2022 Earnings Preview

Nov 04

NiSource (NYSE:NI) Seems To Be Using A Lot Of Debt

Oct 12
NiSource (NYSE:NI) Seems To Be Using A Lot Of Debt

With EPS Growth And More, NiSource (NYSE:NI) Makes An Interesting Case

Sep 05
With EPS Growth And More, NiSource (NYSE:NI) Makes An Interesting Case

NiSource declares $0.235 dividend

Aug 09

NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

Aug 09
NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward

NiSource Q2 2022 Earnings Preview

Aug 02

NiSource (NYSE:NI) Use Of Debt Could Be Considered Risky

Jul 06
NiSource (NYSE:NI) Use Of Debt Could Be Considered Risky

If You Like EPS Growth Then Check Out NiSource (NYSE:NI) Before It's Too Late

Jun 06
If You Like EPS Growth Then Check Out NiSource (NYSE:NI) Before It's Too Late

Revenue & Expenses Breakdown

How NiSource makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:NI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,289741270
30 Jun 245,240732310
31 Mar 245,246687340
31 Dec 235,505662350
30 Sep 235,788667190
30 Jun 235,85064240
31 Mar 235,943655-60
31 Dec 225,851749-170
30 Sep 225,555670-110
30 Jun 225,425668-150
31 Mar 225,227661-190
31 Dec 214,900530-350
30 Sep 214,702448-90
30 Jun 214,64521200
31 Mar 214,62214750
31 Dec 204,682-73-90
30 Sep 204,868-296200
30 Jun 204,897-117240
31 Mar 204,945185300
31 Dec 195,209328170
30 Sep 195,273461550
30 Jun 195,237123490
31 Mar 195,234-137400
31 Dec 185,115-66-180
30 Sep 185,021-98350
30 Jun 185,043261500
31 Mar 185,027193550
31 Dec 174,875129600
30 Sep 174,803270620
30 Jun 174,748279500
31 Mar 174,655353510
31 Dec 164,493332600
30 Sep 164,293304480
30 Jun 164,249295480
31 Mar 164,236184480
31 Dec 154,652183480
30 Sep 154,947198600
30 Jun 154,968166600
31 Mar 154,804175600
31 Dec 145,272256600
30 Sep 145,476330560
30 Jun 145,715396560
31 Mar 146,196541560
31 Dec 134,625221470

Quality Earnings: NI has high quality earnings.

Growing Profit Margin: NI's current net profit margins (14%) are higher than last year (11.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NI's earnings have grown significantly by 31.1% per year over the past 5 years.

Accelerating Growth: NI's earnings growth over the past year (11.1%) is below its 5-year average (31.1% per year).

Earnings vs Industry: NI earnings growth over the past year (11.1%) exceeded the Integrated Utilities industry 8.7%.


Return on Equity

High ROE: NI's Return on Equity (7.7%) is considered low.


Return on Assets


Return on Capital Employed


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