NiSource Inc (NI) vs NRG Energy, Inc. (NRG)
A side-by-side comparison of NiSource Inc and NRG Energy, 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.
NI
NiSource Inc
$40.58UtilitiesDelayed quote: Sep 18, 2026, 4:02 PM EDT
NRG
NRG Energy, Inc.
$103.66UtilitiesDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — NI vs NRG
growth of $100 · dividends reinvested · last 10yNI +132.9% (+8.8%/yr)NRG +1064.5% (+27.8%/yr)NRG compounded faster over this window
NI NRG
NI vs NRG: by the numbers
- •NRG is the larger company ($21.87B vs $19.46B market cap).
- •NI trades at the lower trailing earnings multiple (21.59 vs 27.21 P/E), one valuation lens rather than an overall verdict.
- •NI converts more revenue to profit (13.15% vs 2.31% net margin).
- •NRG grew revenue faster over the past five years (15.13% vs 8.18% CAGR).
- •NI pays the higher dividend yield (2.85% vs 1.64%).
Metrics side by side
Valuation
| Metric | NI | NRG |
|---|---|---|
| P/E ratio | 21.59 | 27.21 |
| Forward P/E | 19.75 | 11.66 |
| P/S ratio | 2.83 | 0.60 |
| P/B ratio | 2.03 | 4.50 |
| EV / EBITDA | 11.80 | 10.79 |
| FCF yield | N/A | 1.59% |
Profitability
| Metric | NI | NRG |
|---|---|---|
| Gross margin | 50.76% | 16.42% |
| Operating margin | 27.03% | 5.38% |
| Net margin | 13.15% | 2.31% |
| ROE | 9.45% | 17.49% |
| ROIC | 4.54% | 5.38% |
Dividends
| Metric | NI | NRG |
|---|---|---|
| Dividend yield | 2.85% | 1.64% |
| Payout ratio | 62.77% | 48.95% |
Growth (annualized)
| Metric | NI | NRG |
|---|---|---|
| Revenue CAGR (5Y) | 8.18% | 15.13% |
| EPS CAGR (5Y) | 14.27% | 14.48% |
| FCF CAGR (5Y) | N/A | -22.77% |
| Total return CAGR (5Y) | 14.61% | 24.35% |
Frequently asked
- Which has the lower trailing P/E, NI or NRG?
- NI has the lower trailing P/E: NI trades at 21.59 and NRG at 27.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NI or NRG?
- Over the past five years, NRG grew revenue faster — NI at a 8.18% CAGR versus NRG at 15.13%.
- Does NI or NRG pay a bigger dividend?
- NI yields 2.85% and NRG yields 1.64% based on trailing dividends and the latest price.
- Is NI or NRG more profitable?
- NI runs the higher net margin — NI at 13.15% versus NRG at 2.31%.
- How have NI and NRG total returns compared?
- Over the past 10 years, NI delivered 9.30% and NRG delivered 28.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
NiSource P/E ratioNRG Energy P/E ratioNiSource dividend yieldNRG Energy dividend yieldNiSource ROENRG Energy ROENiSource operating marginNRG Energy operating marginNiSource revenue growthNRG Energy revenue growthNiSource free cash flowNRG Energy free cash flow
NiSource & NRG Energy 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.