NiSource Inc. (NI) EV/EBIT Ratio: 20.86x
Is NiSource Inc.’s EV/EBIT ratio high or low?
NiSource Inc.'s EV/EBIT ratio of 20.86x is in line with its 5-year average of 20.52x, around the middle of its 5-year range (17.59x–23.91x).
As of Tuesday, June 16, 2026. 0.18% below its 12-month average of 20.90x.
NI EV/EBIT Ratio Chart
NI Average EV/EBIT Ratio Chart
NI Current vs Average EV/EBIT Ratio Chart
NI EV/EBIT Ratio Metrics
EV/EBIT RATIO
20.86x
EV/EBIT RATIO AVG TTM
20.90x
EV/EBIT RATIO AVG 3Y
20.37x
EV/EBIT RATIO AVG 5Y
20.52x
EV/EBIT RATIO AVG 10Y
20.41x
EV/EBIT RATIO AVG 15Y
17.49x
EV/EBIT RATIO AVG 20Y
15.40x
CURRENT VS TTM AVG
-0.18%
CURRENT VS 3Y AVG
+2.42%
CURRENT VS 5Y AVG
+1.68%
CURRENT VS 10Y AVG
+2.22%
CURRENT VS 15Y AVG
+19.28%
CURRENT VS 20Y AVG
+35.43%
NI Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc. (NI) | $22.76B | 20.86x | 20.90x | 20.37x | 20.52x |
| CMS Energy Corporation (CMS)vs › | $22.75B | 23.77x | 23.72x | 25.53x | 25.62x |
| American Water Works Company, Inc. (AWK)vs › | $24.78B | 21.22x | 22.45x | 24.20x | 27.41x |
| Alliant Energy Corporation (LNT)vs › | $19.00B | 30.25x | 28.42x | 27.00x | 26.91x |
| FirstEnergy Corp. (FE)vs › | $27.38B | 19.07x | 18.90x | 20.31x | 21.82x |
| Talen Energy Corporation (TLN)vs › | $17.65B | 15.49x | 116.38x | 95.39x | 95.39x |
| CenterPoint Energy, Inc. (CNP)vs › | $28.18B | 24.74x | 23.80x | 21.89x | 22.56x |
| Atmos Energy Corporation (ATO)vs › | $28.31B | 21.68x | 23.30x | 22.33x | 23.15x |
| WEC Energy Group, Inc. (WEC)vs › | $37.13B | 24.70x | 24.30x | 24.04x | 24.53x |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 73.99x | 67.52x | 52.60x | 43.62x |
NiSource Inc. EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NiSource Inc. EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for NiSource Inc. (NI)?
- The EV/EBIT ratio for NI stock is 20.86x.
- Is NiSource Inc.'s EV/EBIT ratio high or low?
- NiSource Inc.'s EV/EBIT ratio of 20.86x is in line with its 5-year average of 20.52x, around the middle of its 5-year range (17.59x–23.91x).
- What is the TTM average EV/EBIT ratio for NiSource Inc. (NI)?
- The TTM average EV/EBIT ratio for NI stock is 20.90x.
- What is the 3Y average EV/EBIT ratio for NiSource Inc. (NI)?
- The 3Y average EV/EBIT ratio for NI stock is 20.37x.
- What is the 5Y average EV/EBIT ratio for NiSource Inc. (NI)?
- The 5Y average EV/EBIT ratio for NI stock is 20.52x.
- What is the 10Y average EV/EBIT ratio for NiSource Inc. (NI)?
- The 10Y average EV/EBIT ratio for NI stock is 20.41x.
- What is the 15Y average EV/EBIT ratio for NiSource Inc. (NI)?
- The 15Y average EV/EBIT ratio for NI stock is 17.49x.
- What is the 20Y average EV/EBIT ratio for NiSource Inc. (NI)?
- The 20Y average EV/EBIT ratio for NI stock is 15.40x.
NiSource Inc. EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-15 | 20.86x |
| 2026-06-12 | 20.79x |
| 2026-06-11 | 20.64x |
| 2026-06-10 | 20.64x |
| 2026-06-09 | 20.57x |
| 2026-06-08 | 20.44x |
| 2026-06-05 | 20.64x |
| 2026-06-04 | 20.44x |
| 2026-06-03 | 20.36x |
| 2026-06-02 | 20.45x |
| 2026-06-01 | 20.25x |
| 2026-05-29 | 20.54x |
| 2026-05-28 | 20.68x |
| 2026-05-27 | 20.86x |
| 2026-05-26 | 20.94x |
| 2026-05-22 | 20.95x |
| 2026-05-21 | 20.92x |
| 2026-05-20 | 20.74x |
| 2026-05-19 | 20.84x |
| 2026-05-18 | 20.62x |
| 2026-05-15 | 20.56x |
| 2026-05-14 | 20.84x |
| 2026-05-13 | 20.75x |
| 2026-05-12 | 20.78x |
| 2026-05-11 | 20.74x |
| 2026-05-08 | 20.67x |
| 2026-05-07 | 20.74x |
| 2026-05-06 | 20.87x |
| 2026-05-05 | 21.23x |
| 2026-05-04 | 21.21x |
| 2026-05-01 | 21.21x |
| 2026-04-30 | 21.26x |
| 2026-04-29 | 21.23x |
| 2026-04-28 | 21.31x |
| 2026-04-27 | 21.24x |
| 2026-04-24 | 21.18x |
| 2026-04-23 | 21.26x |
| 2026-04-22 | 20.89x |
| 2026-04-21 | 20.91x |
| 2026-04-20 | 21.13x |
| 2026-04-17 | 21.27x |
| 2026-04-16 | 21.11x |
| 2026-04-15 | 21.02x |
| 2026-04-14 | 20.98x |
| 2026-04-13 | 20.98x |
| 2026-04-10 | 21.20x |
| 2026-04-09 | 21.31x |
| 2026-04-08 | 21.21x |
| 2026-04-07 | 21.09x |
| 2026-04-06 | 20.96x |
| 2026-04-02 | 21.05x |
| 2026-04-01 | 20.90x |
| 2026-03-31 | 20.84x |
| 2026-03-30 | 20.80x |
| 2026-03-27 | 20.66x |
| 2026-03-26 | 20.52x |
| 2026-03-25 | 20.59x |
| 2026-03-24 | 20.59x |
| 2026-03-23 | 20.53x |
| 2026-03-20 | 20.41x |
| 2026-03-19 | 20.85x |
| 2026-03-18 | 20.83x |
| 2026-03-17 | 20.99x |
| 2026-03-16 | 21.05x |
| 2026-03-13 | 21.03x |
| 2026-03-12 | 20.85x |
| 2026-03-11 | 20.74x |
| 2026-03-10 | 20.82x |
| 2026-03-09 | 20.93x |
| 2026-03-06 | 20.79x |
| 2026-03-05 | 20.94x |
| 2026-03-04 | 21.07x |
| 2026-03-03 | 20.86x |
| 2026-03-02 | 20.94x |
| 2026-02-27 | 21.00x |
| 2026-02-26 | 20.85x |
| 2026-02-25 | 20.80x |
| 2026-02-24 | 20.78x |
| 2026-02-23 | 20.72x |
| 2026-02-20 | 20.76x |
| 2026-02-19 | 20.62x |
| 2026-02-18 | 20.49x |
| 2026-02-17 | 20.85x |
| 2026-02-13 | 20.76x |
| 2026-02-12 | 20.46x |
| 2026-02-11 | 20.32x |
| 2026-02-10 | 21.21x |
| 2026-02-09 | 21.13x |
| 2026-02-06 | 21.04x |
| 2026-02-05 | 20.99x |
| 2026-02-04 | 21.02x |
| 2026-02-03 | 21.00x |
| 2026-02-02 | 21.02x |
| 2026-01-30 | 21.09x |
| 2026-01-29 | 21.19x |
| 2026-01-28 | 21.10x |
| 2026-01-27 | 21.12x |
| 2026-01-26 | 20.99x |
| 2026-01-23 | 20.85x |
| 2026-01-22 | 20.88x |
| 2026-01-21 | 20.95x |
| 2026-01-20 | 20.85x |
| 2026-01-16 | 20.99x |
| 2026-01-15 | 20.88x |
| 2026-01-14 | 20.82x |
| 2026-01-13 | 20.59x |
| 2026-01-12 | 20.57x |
| 2026-01-09 | 20.47x |
| 2026-01-08 | 20.34x |
| 2026-01-07 | 20.34x |
| 2026-01-06 | 20.43x |
| 2026-01-05 | 20.35x |
| 2026-01-02 | 20.51x |
| 2025-12-31 | 20.40x |
| 2025-12-30 | 20.48x |
| 2025-12-29 | 20.45x |
| 2025-12-26 | 20.39x |
| 2025-12-24 | 20.43x |
| 2025-12-23 | 20.36x |
| 2025-12-22 | 20.31x |
| 2025-12-19 | 20.18x |
| 2025-12-18 | 20.33x |
| 2025-12-17 | 20.26x |
| 2025-12-16 | 20.31x |
| 2025-12-15 | 20.42x |
| 2025-12-12 | 20.30x |
| 2025-12-11 | 20.38x |
| 2025-12-10 | 20.28x |
| 2025-12-09 | 20.31x |
| 2025-12-08 | 20.28x |
| 2025-12-05 | 20.46x |
| 2025-12-04 | 20.43x |
| 2025-12-03 | 20.43x |
| 2025-12-02 | 20.54x |
| 2025-12-01 | 20.74x |
| 2025-11-28 | 21.05x |
| 2025-11-26 | 20.94x |
| 2025-11-25 | 20.78x |
| 2025-11-24 | 20.85x |
| 2025-11-21 | 20.68x |
| 2025-11-20 | 20.57x |
| 2025-11-19 | 20.66x |
| 2025-11-18 | 20.75x |
| 2025-11-17 | 20.79x |
| 2025-11-14 | 20.70x |
| 2025-11-13 | 20.73x |
| 2025-11-12 | 20.91x |
| 2025-11-11 | 20.99x |
| 2025-11-10 | 20.93x |
| 2025-11-07 | 20.89x |
| 2025-11-06 | 20.68x |
| 2025-11-05 | 20.70x |
| 2025-11-04 | 20.70x |
| 2025-11-03 | 20.62x |
| 2025-10-31 | 20.49x |
| 2025-10-30 | 20.50x |
| 2025-10-29 | 20.59x |
| 2025-10-28 | 21.66x |
| 2025-10-27 | 21.76x |
| 2025-10-24 | 21.73x |
| 2025-10-23 | 21.80x |
| 2025-10-22 | 21.87x |
| 2025-10-21 | 21.75x |
| 2025-10-20 | 21.79x |
| 2025-10-17 | 21.62x |
| 2025-10-16 | 21.62x |
| 2025-10-15 | 21.71x |
| 2025-10-14 | 21.53x |
| 2025-10-13 | 21.48x |
| 2025-10-10 | 21.51x |
| 2025-10-09 | 21.54x |
| 2025-10-08 | 21.81x |
| 2025-10-07 | 21.72x |
| 2025-10-06 | 21.89x |
| 2025-10-03 | 21.79x |
| 2025-10-02 | 21.58x |
| 2025-10-01 | 21.57x |
| 2025-09-30 | 21.64x |
| 2025-09-29 | 21.61x |
| 2025-09-26 | 21.43x |
| 2025-09-25 | 21.22x |
| 2025-09-24 | 21.38x |
| 2025-09-23 | 21.15x |
| 2025-09-22 | 21.07x |
| 2025-09-19 | 20.79x |
| 2025-09-18 | 20.74x |
| 2025-09-17 | 20.59x |
| 2025-09-16 | 20.52x |
| 2025-09-15 | 20.85x |
| 2025-09-12 | 20.99x |
| 2025-09-11 | 21.02x |
| 2025-09-10 | 20.91x |
| 2025-09-09 | 20.84x |
| 2025-09-08 | 20.76x |
| 2025-09-05 | 20.79x |
| 2025-09-04 | 20.65x |
| 2025-09-03 | 21.21x |
| 2025-09-02 | 21.30x |
| 2025-08-29 | 21.34x |
| 2025-08-28 | 21.31x |
| 2025-08-27 | 21.39x |
| 2025-08-26 | 21.38x |
| 2025-08-25 | 21.46x |
| 2025-08-22 | 21.54x |
| 2025-08-21 | 21.35x |
| 2025-08-20 | 21.42x |
| 2025-08-19 | 21.35x |
| 2025-08-18 | 21.18x |
| 2025-08-15 | 21.25x |
| 2025-08-14 | 21.42x |
| 2025-08-13 | 21.46x |
| 2025-08-12 | 21.37x |
| 2025-08-11 | 21.31x |
| 2025-08-08 | 21.35x |
| 2025-08-07 | 21.37x |
| 2025-08-06 | 21.22x |
| 2025-08-05 | 21.39x |
| 2025-08-04 | 21.51x |
| 2025-08-01 | 21.30x |
| 2025-07-31 | 21.26x |
| 2025-07-30 | 21.26x |
| 2025-07-29 | 21.18x |
| 2025-07-28 | 20.92x |
| 2025-07-25 | 21.18x |
| 2025-07-24 | 21.10x |
| 2025-07-23 | 21.04x |
| 2025-07-22 | 21.15x |
| 2025-07-21 | 21.05x |
| 2025-07-18 | 20.81x |
| 2025-07-17 | 20.61x |
| 2025-07-16 | 20.59x |
| 2025-07-15 | 20.51x |
| 2025-07-14 | 20.53x |
| 2025-07-11 | 20.42x |
| 2025-07-10 | 20.43x |
| 2025-07-09 | 20.36x |
| 2025-07-08 | 20.26x |
| 2025-07-07 | 20.44x |
| 2025-07-03 | 20.42x |
| 2025-07-02 | 20.38x |
| 2025-07-01 | 20.57x |
| 2025-06-30 | 20.65x |
| 2025-06-27 | 20.54x |
| 2025-06-26 | 20.44x |
| 2025-06-25 | 20.47x |
| 2025-06-24 | 20.70x |
| 2025-06-23 | 20.70x |
| 2025-06-20 | 20.41x |
| 2025-06-18 | 20.34x |
| 2025-06-17 | 20.34x |
| 2025-06-16 | 20.36x |
| 2025-06-13 | 20.41x |
| 2025-06-12 | 20.52x |
| 2025-06-11 | 20.39x |
| 2025-06-10 | 20.43x |
| 2025-06-09 | 20.36x |
| 2025-06-06 | 20.34x |
| 2025-06-05 | 20.26x |
| 2025-06-04 | 20.28x |
| 2025-06-03 | 20.38x |
Showing the most recent 260 of 5,031 data points. The chart above shows the full history.
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About NiSource Inc.
NiSource Inc. operates as an energy holding company, primarily functioning as a regulated natural gas and electric utility within the United States. Its business activities are organized into two main divisions: Gas Distribution Operations and Electric Operations. The company's Gas Distribution segment delivers natural gas to approximately 853,000 customers across northern Indiana, and an additional 2.4 million residential, commercial, and industrial clients throughout Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. This extensive network includes about 54,600 miles of distribution main pipelines and customer service lines, along with 1,000 miles of transmission main pipelines. Through its Electric Operations, NiSource provides electricity to roughly 483,000 customers residing in 20 counties in northern Indiana, while also engaging in wholesale electricity and transmission transactions. The company maintains a diverse portfolio of power generation assets. These include coal-fired plants with capacities of 722 megawatts (MW) in Wheatfield and 455 MW in Michigan City; a 563 MW combined cycle gas turbine facility in West Terre Haute; natural gas generating units providing 155 MW in Wheatfield; hydroelectric plants contributing 9 MW in Carroll County and 7 MW in White County; and wind energy facilities in White County, Indiana, producing 102 MW and 302 MW, respectively. Originally founded in 1847, the company was known as NIPSCO Industries, Inc. before officially changing its name to NiSource Inc. in April 1999. Its corporate headquarters are located in Merrillville, Indiana.
- Sector
- Utilities
- Industry
- Regulated Gas
- CEO
- Lloyd Yates