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 July 31, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnES vs NI

growth of $100 · dividends reinvested · last 30y
ES +1405.0%NI +1971.9%NI compounded faster
05001k2k2kStart $100200120062011201620212026$1,505$2,072
ES NI

ES vs NI: by the numbers

  • ES is the larger company ($26.92B vs $21.30B market cap).
  • ES trades at the lower trailing earnings multiple (15.30 vs 22.42 P/E), one valuation lens rather than an overall verdict.
  • 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 (4.30% vs 2.57%).

Metrics side by side

Valuation

MetricESNI
P/E ratio15.3022.42
Forward P/E15.4021.90
P/S ratio1.933.18
P/B ratio1.632.24
PEG ratio0.151.05
EV / EBITDA10.3112.41
FCF yield0.88%N/A

Profitability

MetricESNI
Gross margin30.13%55.92%
Operating margin22.52%27.78%
Net margin12.55%14.10%
ROE10.58%9.96%
ROIC4.68%4.51%

Dividends

MetricESNI
Dividend yield4.30%2.57%
Payout ratio67.54%59.18%

Growth (annualized)

MetricESNI
Revenue CAGR (5Y)8.29%8.10%
EPS CAGR (5Y)5.08%14.27%
FCF CAGR (5Y)20.98%N/A
Total return CAGR (5Y)0.26%16.17%

Frequently asked

Which has the lower trailing P/E, ES or NI?
ES has the lower trailing P/E: ES trades at 15.30 and NI at 22.42. 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, 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 4.30% and NI yields 2.57% 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%.
How have ES and NI total returns compared?
Over the past 10 years, ES delivered 5.67% and NI delivered 9.09% annualized total return. Past performance doesn't predict future results.

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 July 31, 2026.