Is AES or NI cheaper?

On trailing earnings, AES is cheaper: AES trades at a 7.78 P/E and NI at 23.51.

Which has grown faster, AES or NI?

Over the past five years, NI grew revenue faster — AES at a 4.63% CAGR versus NI at 8.10%.

Does AES or NI pay a bigger dividend?

AES yields 4.81% and NI yields 2.45% based on trailing dividends and the latest price.

Is AES or NI more profitable?

NI runs the higher net margin — AES at 10.72% versus NI at 14.10%.

Which has been the better investment, AES or NI?

Over the past 10-year, NI delivered the higher annualized total return — AES at 6.25% versus NI at 9.89%. Past performance doesn't predict future results.

The AES Corporation (AES) vs NiSource Inc. (NI)

AES leads on 9 of 15 compared metrics.

A side-by-side comparison of The AES Corporation and NiSource Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AES vs NI

growth of $100 · last 30y

AES +114.7%NI +548.3%NI compounded faster

AES NI

AES vs NI: by the numbers

•NI is the larger company ($22.66B vs $10.43B market cap).
•AES trades at the lower earnings multiple (7.78 vs 23.51 P/E).
•NI converts more revenue to profit (14.10% vs 10.72% net margin).
•NI grew revenue faster over the past five years (8.10% vs 4.63% CAGR).
•AES pays the higher dividend yield (4.81% vs 2.45%).

Which is better, AES or NI?

Metric tally: AES 9 · NI 6

It depends on what you're optimizing for:

ValueAES(lower P/E)

GrowthNI(faster 5Y revenue CAGR)

IncomeAES(higher dividend yield)

QualityNI(higher ROIC)

Metrics side by side

Valuation

Metric	AES	NI
P/E ratio	7.78●	23.51
Forward P/E	6.26●	21.10
P/S ratio	0.84●	3.33
P/B ratio	2.36	2.35
PEG ratio	0.10●	1.05
EV / EBITDA	10.61●	12.63

Profitability

Metric	AES	NI
Gross margin	19.31%	55.92%●
Operating margin	16.47%	27.78%●
Net margin	10.72%	14.10%●
ROE	30.27%●	9.96%
ROIC	4.24%	4.51%●

Dividends

Metric	AES	NI
Dividend yield	4.81%●	2.45%
Payout ratio	55.86%	59.18%

Growth (annualized)

Metric	AES	NI
Revenue CAGR (5Y)	4.63%	8.10%●
EPS CAGR (5Y)	78.27%●	14.27%
FCF CAGR (5Y)	3.29%●	-7.40%
Total return CAGR (5Y)	-6.68%	17.34%●

Frequently asked

Which is better, AES or NI?: It depends on your goal. value: AES (lower P/E); growth: NI (faster 5Y revenue CAGR); income: AES (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, AES leads 9 to 6.
Is AES or NI cheaper?: On trailing earnings, AES is cheaper: AES trades at a 7.78 P/E and NI at 23.51.
Which has grown faster, AES or NI?: Over the past five years, NI grew revenue faster — AES at a 4.63% CAGR versus NI at 8.10%.
Does AES or NI pay a bigger dividend?: AES yields 4.81% and NI yields 2.45% based on trailing dividends and the latest price.
Is AES or NI more profitable?: NI runs the higher net margin — AES at 10.72% versus NI at 14.10%.
Which has been the better investment, AES or NI?: Over the past 10-year, NI delivered the higher annualized total return — AES at 6.25% versus NI at 9.89%. Past performance doesn't predict future results.

Go deeper

Full AES analysis Full NI analysis Interactive comparison tool

Dig into the metrics

AES P/E ratio NiSource P/E ratio AES dividend yield NiSource dividend yield AES ROE NiSource ROE AES operating margin NiSource operating margin AES revenue growth NiSource revenue growth AES free cash flow NiSource free cash flow

AES & NiSource appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 20, 2026.