NiSource Inc.
NI

$15.67 B
Marketcap
$34.93
Share price
Country
$-0.21
Change (1 day)
$35.19
Year High
$24.58
Year Low
Categories

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 54,600 miles of distribution main pipelines, as well as associated individual customer service lines; and 1,000 miles of transmission main pipelines. The company generates, transmits, and distributes electricity to approximately 483,000 customers in 20 counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates coal-fired electric generating stations with a capacity of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; combined cycle gas turbine with a capacity of 563 MW in West Terre Haute; natural gas generating units with a capacity of 155 MW in Wheatfield; hydro generating plants with a capacity of 9 MW in Carroll County and 7 MW in White County; and wind generating units with a capacity of 102 MW and 302 MW in White County, Indiana. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

marketcap

P/E ratio for NiSource Inc. (NI)

P/E ratio as of 2023: 15.47

According to NiSource Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.47. At the end of 2022 the company had a P/E ratio of 13.88.

P/E ratio history for NiSource Inc. from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 15.47
2022 13.88
2021 18.58
2020 -620.91
2019 27.23
2018 -178.60
2017 65.80
2016 21.49
2015 21.63
2014 9.91
2013 7.59
2012 6.86
2011 8.77
2010 6.58
2009 7.63
2008 14.95
2007 6.32
2006 9.15
2005 7.26
2004 5.41
2003 25.97
2002 4.44
2001 8.63
2000 9.37
1999 5.44
1998 7.48
1997 6.31
1996 5.41
1995 5.43
1994 4.63
1993 5.51
1992 5.09
1991 5.10
1990 3.70
1989 4.04
1988 3.28
1987 3.70
1986 -23.33
1985 2.57