On trailing earnings, ES is cheaper: ES trades at a 14.91 P/E and NI at 23.74.

Which has grown faster, ES or NI?

Over the past five years, ES grew revenue faster — ES at a 8.29% CAGR versus NI at 8.10%.

Does ES or NI pay a bigger dividend?

ES yields 4.41% and NI yields 2.43% based on trailing dividends and the latest price.

Is ES or NI more profitable?

NI runs the higher net margin — ES at 12.55% versus NI at 14.10%.

Which has been the better investment, ES or NI?

Over the past 10-year, NI delivered the higher annualized total return — ES at 5.72% versus NI at 9.96%. Past performance doesn't predict future results.

Eversource Energy (ES) vs NiSource Inc. (NI)

ES leads on 11 of 16 compared metrics.

A side-by-side comparison of Eversource Energy and NiSource Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ES vs NI

growth of $100 · last 30y

ES +393.9%NI +562.8%NI compounded faster

ES NI

ES vs NI: by the numbers

•ES is the larger company ($26.25B vs $22.88B market cap).
•ES trades at the lower earnings multiple (14.91 vs 23.74 P/E).
•NI converts more revenue to profit (14.10% vs 12.55% net margin).
•ES grew revenue faster over the past five years (8.29% vs 8.10% CAGR).
•ES pays the higher dividend yield (4.41% vs 2.43%).

Which is better, ES or NI?

Metric tally: ES 11 · NI 5

It depends on what you're optimizing for:

ValueES(lower P/E)

GrowthES(faster 5Y revenue CAGR)

IncomeES(higher dividend yield)

QualityES(higher ROIC)

Metrics side by side

Valuation

Metric	ES	NI
P/E ratio	14.91●	23.74
Forward P/E	14.14●	21.31
P/S ratio	1.89●	3.36
P/B ratio	1.59●	2.38
PEG ratio	0.15●	1.05
EV / EBITDA	10.00●	12.70
FCF yield	0.90%	—

Profitability

Metric	ES	NI
Gross margin	39.87%	55.92%●
Operating margin	22.52%	27.78%●
Net margin	12.55%	14.10%●
ROE	10.58%●	9.96%
ROIC	4.68%●	4.51%

Dividends

Metric	ES	NI
Dividend yield	4.41%●	2.43%
Payout ratio	67.54%	59.18%

Growth (annualized)

Metric	ES	NI
Revenue CAGR (5Y)	8.29%●	8.10%
EPS CAGR (5Y)	5.08%	14.27%●
FCF CAGR (5Y)	20.98%●	-7.40%
Total return CAGR (5Y)	0.77%	16.84%●

Frequently asked

Which is better, ES or NI?: It depends on your goal. value: ES (lower P/E); growth: ES (faster 5Y revenue CAGR); income: ES (higher dividend yield); quality: ES (higher ROIC). Across all compared metrics, ES leads 11 to 5.
Is ES or NI cheaper?: On trailing earnings, ES is cheaper: ES trades at a 14.91 P/E and NI at 23.74.
Which has grown faster, ES or NI?: Over the past five years, ES grew revenue faster — ES at a 8.29% CAGR versus NI at 8.10%.
Does ES or NI pay a bigger dividend?: ES yields 4.41% and NI yields 2.43% based on trailing dividends and the latest price.
Is ES or NI more profitable?: NI runs the higher net margin — ES at 12.55% versus NI at 14.10%.
Which has been the better investment, ES or NI?: Over the past 10-year, NI delivered the higher annualized total return — ES at 5.72% versus NI at 9.96%. Past performance doesn't predict future results.

Go deeper

Full ES analysis Full NI analysis Interactive comparison tool

Dig into the metrics

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

Eversource Energy & NiSource appear in these rankings

Highest Dividend Yield Stocks Dividend Aristocrats 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 17, 2026.