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.

Compare

Total returnNI vs NRG

growth of $100 · dividends reinvested · last 10y
NI +132.9% (+8.8%/yr)NRG +1064.5% (+27.8%/yr)NRG compounded faster over this window
05001k2k2kStart $10020182020202220242026$233$1,164
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

MetricNINRG
P/E ratio21.5927.21
Forward P/E19.7511.66
P/S ratio2.830.60
P/B ratio2.034.50
EV / EBITDA11.8010.79
FCF yieldN/A1.59%

Profitability

MetricNINRG
Gross margin50.76%16.42%
Operating margin27.03%5.38%
Net margin13.15%2.31%
ROE9.45%17.49%
ROIC4.54%5.38%

Dividends

MetricNINRG
Dividend yield2.85%1.64%
Payout ratio62.77%48.95%

Growth (annualized)

MetricNINRG
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.

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.