Eversource Energy (ES) vs NiSource Inc (NI)
A side-by-side comparison of Eversource Energy and NiSource Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
ES
Eversource Energy
$67.21UtilitiesDelayed quote: Sep 15, 2026, 4:00 PM EDT
NI
NiSource Inc
$40.59UtilitiesDelayed quote: Sep 15, 2026, 3:59 PM EDT
Total return — ES vs NI
growth of $100 · dividends reinvested · last 10yES +76.7% (+5.9%/yr)NI +135.8% (+9.0%/yr)NI compounded faster over this window
ES NI
ES vs NI: by the numbers
- •ES is the larger company ($25.28B vs $19.46B market cap).
- •ES trades at the lower trailing earnings multiple (17.41 vs 21.59 P/E), one valuation lens rather than an overall verdict.
- •NI converts more revenue to profit (13.15% vs 10.35% net margin).
- •NI grew revenue faster over the past five years (8.18% vs 8.00% CAGR).
- •ES pays the higher dividend yield (4.50% vs 2.85%).
Metrics side by side
Valuation
| Metric | ES | NI |
|---|---|---|
| P/E ratio | 17.41 | 21.59 |
| Forward P/E | 14.46 | 19.76 |
| P/S ratio | 1.81 | 2.83 |
| P/B ratio | 1.55 | 2.03 |
| EV / EBITDA | 9.85 | 11.80 |
| FCF yield | 1.18% | N/A |
Profitability
| Metric | ES | NI |
|---|---|---|
| Gross margin | 35.24% | 50.76% |
| Operating margin | 22.34% | 27.03% |
| Net margin | 10.35% | 13.15% |
| ROE | 8.87% | 9.45% |
| ROIC | 4.87% | 4.54% |
Dividends
| Metric | ES | NI |
|---|---|---|
| Dividend yield | 4.50% | 2.85% |
| Payout ratio | 79.79% | 62.77% |
Growth (annualized)
| Metric | ES | NI |
|---|---|---|
| Revenue CAGR (5Y) | 8.00% | 8.18% |
| EPS CAGR (5Y) | 5.08% | 14.27% |
| FCF CAGR (5Y) | 6.09% | N/A |
| Total return CAGR (5Y) | -1.09% | 14.61% |
Frequently asked
- Which has the lower trailing P/E, ES or NI?
- ES has the lower trailing P/E: ES trades at 17.41 and NI at 21.59. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ES or NI?
- Over the past five years, NI grew revenue faster — ES at a 8.00% CAGR versus NI at 8.18%.
- Does ES or NI pay a bigger dividend?
- ES yields 4.50% and NI yields 2.85% based on trailing dividends and the latest price.
- Is ES or NI more profitable?
- NI runs the higher net margin — ES at 10.35% versus NI at 13.15%.
- How have ES and NI total returns compared?
- Over the past 10 years, ES delivered 6.20% and NI delivered 9.30% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Eversource Energy P/E ratioNiSource P/E ratioEversource Energy dividend yieldNiSource dividend yieldEversource Energy ROENiSource ROEEversource Energy operating marginNiSource operating marginEversource Energy revenue growthNiSource revenue growthEversource Energy free cash flowNiSource free cash flow
Eversource Energy & NiSource appear in these rankings
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 September 13, 2026.