NiSource Inc. (NI) vs PPL Corporation (PPL)

PPL leads on 9 of 16 compared metrics.

A side-by-side comparison of NiSource Inc. and PPL Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — NI vs PPL

growth of $100 · last 30y
NI +556.0%PPL +242.3%NI compounded faster
0200400600Start $100200120062011201620212026$656$342
NI PPL

NI vs PPL: by the numbers

  • PPL is the larger company ($26.58B vs $22.65B market cap).
  • PPL trades at the lower earnings multiple (21.54 vs 23.74 P/E).
  • NI converts more revenue to profit (14.10% vs 13.09% net margin).
  • PPL grew revenue faster over the past five years (8.87% vs 8.10% CAGR).
  • PPL pays the higher dividend yield (3.16% vs 2.43%).

Which is better, NI or PPL?

Metric tally: NI 7 · PPL 9

It depends on what you're optimizing for:

ValuePPL(lower P/E)
GrowthPPL(faster 5Y revenue CAGR)
IncomePPL(higher dividend yield)
QualityNI(higher ROIC)

Metrics side by side

Valuation

MetricNIPPL
P/E ratio23.7421.54
Forward P/E21.3116.68
P/S ratio3.362.87
P/B ratio2.381.78
PEG ratio1.050.66
EV / EBITDA12.7012.00

Profitability

MetricNIPPL
Gross margin55.92%35.20%
Operating margin27.78%23.53%
Net margin14.10%13.09%
ROE9.96%8.12%
ROIC4.51%4.07%

Dividends

MetricNIPPL
Dividend yield2.43%3.16%
Payout ratio59.18%69.69%

Growth (annualized)

MetricNIPPL
Revenue CAGR (5Y)8.10%8.87%
EPS CAGR (5Y)14.27%-3.48%
FCF CAGR (5Y)-7.40%-4.92%
Total return CAGR (5Y)16.54%8.10%

Frequently asked

Which is better, NI or PPL?
It depends on your goal. value: PPL (lower P/E); growth: PPL (faster 5Y revenue CAGR); income: PPL (higher dividend yield); quality: NI (higher ROIC). Across all compared metrics, PPL leads 9 to 7.
Is NI or PPL cheaper?
On trailing earnings, PPL is cheaper: NI trades at a 23.74 P/E and PPL at 21.54.
Which has grown faster, NI or PPL?
Over the past five years, PPL grew revenue faster — NI at a 8.10% CAGR versus PPL at 8.87%.
Does NI or PPL pay a bigger dividend?
NI yields 2.43% and PPL yields 3.16% based on trailing dividends and the latest price.
Is NI or PPL more profitable?
NI runs the higher net margin — NI at 14.10% versus PPL at 13.09%.
Which has been the better investment, NI or PPL?
Over the past 10-year, NI delivered the higher annualized total return — NI at 9.89% versus PPL at 3.45%. 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 June 17, 2026.