Which has the lower trailing P/E, FE or NI?

NI has the lower trailing P/E: FE trades at 25.98 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, FE or NI?

Over the past five years, NI grew revenue faster — FE at a 7.73% CAGR versus NI at 8.10%.

Does FE or NI pay a bigger dividend?

FE yields 3.70% and NI yields 2.57% based on trailing dividends and the latest price.

Is FE or NI more profitable?

NI runs the higher net margin — FE at 7.26% versus NI at 14.10%.

How have FE and NI total returns compared?

Over the past 10 years, FE delivered 7.67% and NI delivered 9.09% annualized total return. Past performance doesn't predict future results.

FirstEnergy Corp. (FE) vs NiSource Inc (NI)

A side-by-side comparison of FirstEnergy Corp. 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.

FirstEnergy Corp.

$27.95B

$48.31UtilitiesDelayed quote: Jul 31, 2026, 4:01 PM EDT

NiSource Inc

$21.30B

$44.43UtilitiesDelayed quote: Jul 31, 2026, 4:00 PM EDT

Total return — FE vs NI

growth of $100 · dividends reinvested · last 30y

FE +710.8%NI +1971.9%NI compounded faster

FE NI

FE vs NI: by the numbers

•FE is the larger company ($27.95B vs $21.30B market cap).
•NI trades at the lower trailing earnings multiple (22.42 vs 25.98 P/E), one valuation lens rather than an overall verdict.
•NI converts more revenue to profit (14.10% vs 7.26% net margin).
•NI grew revenue faster over the past five years (8.10% vs 7.73% CAGR).
•FE pays the higher dividend yield (3.70% vs 2.57%).

Metrics side by side

Valuation

Metric	FE	NI
P/E ratio	25.98	22.42
Forward P/E	17.83	21.90
P/S ratio	1.78	3.18
P/B ratio	2.18	2.24
PEG ratio	6.14	1.05
EV / EBITDA	13.64	12.41
FCF yield	14.79%	N/A

Profitability

Metric	FE	NI
Gross margin	53.43%	55.92%
Operating margin	18.57%	27.78%
Net margin	7.26%	14.10%
ROE	8.88%	9.96%
ROIC	4.46%	4.51%

Dividends

Metric	FE	NI
Dividend yield	3.70%	2.57%
Payout ratio	101.69%	59.18%

Growth (annualized)

Metric	FE	NI
Revenue CAGR (5Y)	7.73%	8.10%
EPS CAGR (5Y)	-2.32%	14.27%
FCF CAGR (5Y)	170.22%	N/A
Total return CAGR (5Y)	9.09%	16.17%

Frequently asked

Which has the lower trailing P/E, FE or NI?: NI has the lower trailing P/E: FE trades at 25.98 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, FE or NI?: Over the past five years, NI grew revenue faster — FE at a 7.73% CAGR versus NI at 8.10%.
Does FE or NI pay a bigger dividend?: FE yields 3.70% and NI yields 2.57% based on trailing dividends and the latest price.
Is FE or NI more profitable?: NI runs the higher net margin — FE at 7.26% versus NI at 14.10%.
How have FE and NI total returns compared?: Over the past 10 years, FE delivered 7.67% and NI delivered 9.09% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FE analysis Full NI analysis Interactive comparison tool

Dig into the metrics

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

FirstEnergy & NiSource appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield 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 July 31, 2026.