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 August 1, 2026. Differences are shown without an overall score or investment verdict.
NI
NiSource Inc
$44.43UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
PPL
PPL Corporation
$35.21UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
Total return — NI vs PPL
growth of $100 · dividends reinvested · last 30yNI +1936.5%PPL +1254.9%NI compounded faster
NI PPL
NI vs PPL: by the numbers
- •PPL is the larger company ($26.49B vs $21.30B market cap).
- •PPL trades at the lower trailing earnings multiple (21.47 vs 22.10 P/E), one valuation lens rather than an overall verdict.
- •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 (3.17% vs 2.61%).
Metrics side by side
Valuation
| Metric | NI | PPL |
|---|---|---|
| P/E ratio | 22.10 | 21.47 |
| Forward P/E | 21.59 | 18.05 |
| P/S ratio | 3.13 | 2.86 |
| P/B ratio | 2.21 | 1.78 |
| PEG ratio | 1.05 | 0.98 |
| EV / EBITDA | 12.31 | 12.49 |
Profitability
| Metric | NI | PPL |
|---|---|---|
| Gross margin | 55.92% | 35.29% |
| Operating margin | 27.78% | 23.50% |
| Net margin | 14.10% | 13.09% |
| ROE | 9.96% | 8.12% |
| ROIC | 4.51% | 4.06% |
Dividends
| Metric | NI | PPL |
|---|---|---|
| Dividend yield | 2.61% | 3.17% |
| Payout ratio | 59.18% | 70.13% |
Growth (annualized)
| Metric | NI | PPL |
|---|---|---|
| Revenue CAGR (5Y) | 8.10% | 8.87% |
| EPS CAGR (5Y) | 14.27% | -3.60% |
| FCF CAGR (5Y) | N/A | -4.92% |
| Total return CAGR (5Y) | 16.08% | 8.20% |
Frequently asked
- Which has the lower trailing P/E, NI or PPL?
- PPL has the lower trailing P/E: NI trades at 22.10 and PPL at 21.47. 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 8.10% CAGR versus PPL at 8.87%.
- Does NI or PPL pay a bigger dividend?
- NI yields 2.61% and PPL yields 3.17% 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%.
- How have NI and PPL total returns compared?
- Over the past 10 years, NI delivered 9.05% and PPL delivered 3.77% 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 August 1, 2026.