NiSource Inc (NI) vs PPL Corporation (PPL)
A side-by-side comparison of NiSource Inc and PPL Corporation 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
$40.59UtilitiesDelayed quote: Sep 15, 2026, 3:59 PM EDT
PPL
PPL Corporation
$33.23UtilitiesDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — NI vs PPL
growth of $100 · dividends reinvested · last 10yNI +135.8% (+9.0%/yr)PPL +50.3% (+4.2%/yr)NI compounded faster over this window
NI PPL
NI vs PPL: by the numbers
- •PPL is the larger company ($25.01B vs $19.46B market cap).
- •PPL trades at the lower trailing earnings multiple (19.66 vs 21.59 P/E), one valuation lens rather than an overall verdict.
- •PPL converts more revenue to profit (13.47% vs 13.15% net margin).
- •PPL grew revenue faster over the past five years (8.98% vs 8.18% CAGR).
- •PPL pays the higher dividend yield (3.31% vs 2.85%).
Metrics side by side
Valuation
| Metric | NI | PPL |
|---|---|---|
| P/E ratio | 21.59 | 19.66 |
| Forward P/E | 19.76 | 17.05 |
| P/S ratio | 2.83 | 2.66 |
| P/B ratio | 2.03 | 1.66 |
| EV / EBITDA | 11.80 | 11.93 |
Profitability
| Metric | NI | PPL |
|---|---|---|
| Gross margin | 50.76% | 42.73% |
| Operating margin | 27.03% | 24.02% |
| Net margin | 13.15% | 13.47% |
| ROE | 9.45% | 8.41% |
| ROIC | 4.54% | 4.24% |
Dividends
| Metric | NI | PPL |
|---|---|---|
| Dividend yield | 2.85% | 3.31% |
| Payout ratio | 62.77% | 66.72% |
Growth (annualized)
| Metric | NI | PPL |
|---|---|---|
| Revenue CAGR (5Y) | 8.18% | 8.98% |
| EPS CAGR (5Y) | 14.27% | -3.60% |
| FCF CAGR (5Y) | N/A | -17.12% |
| Total return CAGR (5Y) | 14.61% | 6.46% |
Frequently asked
- Which has the lower trailing P/E, NI or PPL?
- PPL has the lower trailing P/E: NI trades at 21.59 and PPL at 19.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NI or PPL?
- Over the past five years, PPL grew revenue faster — NI at a 8.18% CAGR versus PPL at 8.98%.
- Does NI or PPL pay a bigger dividend?
- NI yields 2.85% and PPL yields 3.31% based on trailing dividends and the latest price.
- Is NI or PPL more profitable?
- PPL runs the higher net margin — NI at 13.15% versus PPL at 13.47%.
- How have NI and PPL total returns compared?
- Over the past 10 years, NI delivered 9.30% and PPL delivered 4.60% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
NiSource P/E ratioPPL P/E ratioNiSource dividend yieldPPL dividend yieldNiSource ROEPPL ROENiSource operating marginPPL operating marginNiSource revenue growthPPL revenue growthNiSource free cash flowPPL free cash flow
NiSource & PPL 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.