Is AWK or NI cheaper?

On trailing earnings, AWK is cheaper: AWK trades at a 22.45 P/E and NI at 23.62.

Which has grown faster, AWK or NI?

Over the past five years, NI grew revenue faster — AWK at a 6.38% CAGR versus NI at 8.10%.

Does AWK or NI pay a bigger dividend?

AWK yields 2.66% and NI yields 2.44% based on trailing dividends and the latest price.

Is AWK or NI more profitable?

AWK runs the higher net margin — AWK at 21.17% versus NI at 14.10%.

Which has been the better investment, AWK or NI?

Over the past 10-year, NI delivered the higher annualized total return — AWK at 7.09% versus NI at 9.98%. Past performance doesn't predict future results.

American Water Works Company, Inc. (AWK) vs NiSource Inc. (NI)

NI leads on 8 of 14 compared metrics, though AWK is the cheaper stock.

A side-by-side comparison of American Water Works Company, Inc. and NiSource Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AWK

American Water Works Company, Inc.

Total return — AWK vs NI

growth of $100 · last 18y

AWK +515.9%NI +553.9%NI compounded faster

AWK NI

AWK vs NI: by the numbers

•AWK is the larger company ($24.78B vs $22.76B market cap).
•AWK trades at the lower earnings multiple (22.45 vs 23.62 P/E).
•AWK converts more revenue to profit (21.17% vs 14.10% net margin).
•NI grew revenue faster over the past five years (8.10% vs 6.38% CAGR).
•AWK pays the higher dividend yield (2.66% vs 2.44%).

Which is better, AWK or NI?

Metric tally: AWK 6 · NI 8

It depends on what you're optimizing for:

ValueAWK(lower P/E)

GrowthNI(faster 5Y revenue CAGR)

IncomeAWK(higher dividend yield)

QualityNI(higher ROIC)

Metrics side by side

Valuation

Metric	AWK	NI
P/E ratio	22.45●	23.62
Forward P/E	19.34●	21.20
P/S ratio	4.75	3.35●
P/B ratio	2.24●	2.36
PEG ratio	3.98	1.05●
EV / EBITDA	14.38	12.66●

Profitability

Metric	AWK	NI
Gross margin	43.55%	55.92%●
Operating margin	36.48%●	27.78%
Net margin	21.17%●	14.10%
ROE	9.98%	9.96%
ROIC	4.21%	4.51%●

Dividends

Metric	AWK	NI
Dividend yield	2.66%●	2.44%
Payout ratio	59.25%	59.18%

Growth (annualized)

Metric	AWK	NI
Revenue CAGR (5Y)	6.38%	8.10%●
EPS CAGR (5Y)	7.78%	14.27%●
FCF CAGR (5Y)	—	-7.40%
Total return CAGR (5Y)	-2.73%	16.40%●

Frequently asked

Which is better, AWK or NI?: It depends on your goal. value: AWK (lower P/E); growth: NI (faster 5Y revenue CAGR); income: AWK (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, NI leads 8 to 6.
Is AWK or NI cheaper?: On trailing earnings, AWK is cheaper: AWK trades at a 22.45 P/E and NI at 23.62.
Which has grown faster, AWK or NI?: Over the past five years, NI grew revenue faster — AWK at a 6.38% CAGR versus NI at 8.10%.
Does AWK or NI pay a bigger dividend?: AWK yields 2.66% and NI yields 2.44% based on trailing dividends and the latest price.
Is AWK or NI more profitable?: AWK runs the higher net margin — AWK at 21.17% versus NI at 14.10%.
Which has been the better investment, AWK or NI?: Over the past 10-year, NI delivered the higher annualized total return — AWK at 7.09% versus NI at 9.98%. Past performance doesn't predict future results.

Go deeper

Full AWK analysis Full NI analysis Interactive comparison tool

Dig into the metrics

American Water Works P/E ratio NiSource P/E ratio American Water Works dividend yield NiSource dividend yield American Water Works ROE NiSource ROE American Water Works operating margin NiSource operating margin American Water Works revenue growth NiSource revenue growth American Water Works free cash flow NiSource free cash flow

American Water Works & NiSource appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin 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 15, 2026.