NiSource Inc (NI)NINiSource Inc

Balance Sheet

Assets, liabilities, and equity analysis

Quarterly Balance Sheet (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Total Current Assets	2.41B	2.41B	2.38B	1.85B	2.00B	2.18B	2.08B	1.62B	1.94B
Cash & Cash Equivalents	71.90M	71.90M	135.70M	119.50M	335.40M	259.40M	156.60M	126.20M	101.20M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	71.90M	71.90M	135.70M	119.50M	335.40M	259.40M	156.60M	126.20M	101.20M
Accounts Receivable	1.32B	1.32B	1.26B	743.90M	811.60M	1.18B	1.01B	594.50M	637.00M
Inventory	303.50M	303.50M	449.50M	475.30M	368.00M	261.30M	389.10M	391.30M	373.20M
Total Assets	36.60B	36.60B	36.55B	34.40B	34.03B	33.11B	31.79B	30.83B	29.90B
Property, Plant & Equipment	29.43B	29.43B	28.71B	28.00B	27.45B	26.49B	25.45B	24.88B	23.61B
Goodwill	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Investments	281.20M	281.20M	281.90M	295.70M	259.70M	172.60M	178.70M	233.40M	235.80M
Total Current Liabilities	3.73B	3.73B	3.46B	3.53B	3.41B	4.24B	4.11B	3.49B	2.51B
Accounts Payable	999.30M	999.30M	1.25B	712.00M	683.90M	726.30M	863.10M	614.60M	584.00M
Short-Term Debt	1.31B	1.31B	765.40M	1.29B	1.28B	2.05B	1.89B	1.53B	667.40M
Total Liabilities	24.67B	24.67B	24.89B	23.16B	23.03B	22.16B	21.12B	20.50B	20.08B
Long-Term Debt	15.46B	15.46B	15.22B	14.47B	14.47B	12.83B	12.07B	12.09B	12.81B
Total Debt	16.77B	16.77B	16.24B	15.76B	15.76B	14.89B	13.96B	13.61B	13.48B
Net Debt (Cash)	16.69B	16.69B	16.10B	15.64B	15.42B	14.63B	13.80B	13.49B	13.38B
Total Shareholders' Equity	9.66B	9.66B	9.45B	9.12B	8.88B	8.90B	8.68B	8.35B	7.87B
Common Stock	4.80M	4.80M	4.80M	4.80M	4.70M	4.70M	4.70M	4.70M	4.50M
Retained Earnings	-96.60M	-96.60M	-315.20M	-572.00M	-532.10M	-501.40M	-711.70M	-934.90M	-896.20M
Current Ratio	0.65	0.65	0.69	0.52	0.59	0.52	0.51	0.46	0.78
Debt to Equity Ratio	1.74	1.74	1.72	1.73	1.77	1.67	1.61	1.63	1.71

Annual Balance Sheet (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	2.38B	2.08B	4.50B	2.58B	1.92B	1.66B	1.85B	2.06B
Cash & Cash Equivalents	135.70M	156.60M	2.25B	40.80M	84.20M	116.50M	139.30M	112.80M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	135.70M	156.60M	2.25B	40.80M	84.20M	116.50M	139.30M	112.80M
Accounts Receivable	1.26B	1.01B	928.00M	1.17B	925.20M	825.40M	905.40M	1.15B
Inventory	449.50M	389.10M	503.20M	751.90M	498.70M	401.10M	424.70M	422.50M
Total Assets	36.55B	31.79B	31.08B	26.74B	24.16B	22.04B	22.66B	21.80B
Property, Plant & Equipment	28.71B	25.45B	22.27B	19.84B	17.88B	16.62B	16.91B	15.54B
Goodwill	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B	1.49B	1.69B
Intangible Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	220.70M
Long-Term Investments	281.90M	178.70M	247.10M	224.20M	259.70M	252.00M	230.20M	206.10M
Total Current Liabilities	3.46B	4.11B	5.27B	4.66B	2.75B	2.28B	3.75B	4.04B
Accounts Payable	1.25B	863.10M	749.40M	899.50M	697.80M	589.00M	666.00M	883.80M
Short-Term Debt	765.40M	1.89B	3.07B	1.79B	590.00M	526.30M	1.79B	2.03B
Total Liabilities	24.89B	21.12B	20.94B	18.83B	16.88B	16.20B	16.67B	16.05B
Long-Term Debt	15.22B	11.85B	11.06B	9.52B	9.18B	9.22B	7.67B	7.11B
Total Debt	16.24B	13.96B	14.13B	11.53B	9.99B	9.95B	9.69B	9.13B
Net Debt (Cash)	16.10B	13.80B	11.88B	11.49B	9.91B	9.83B	9.56B	9.02B
Total Shareholders' Equity	9.45B	8.68B	8.27B	7.58B	6.95B	5.75B	5.99B	5.75B
Common Stock	4.80M	4.70M	4.50M	4.20M	4.10M	3.90M	3.80M	3.80M
Retained Earnings	-315.20M	-711.70M	-967.00M	-1.21B	-1.58B	-1.77B	-1.37B	-1.40B
Current Ratio	0.69	0.51	0.85	0.55	0.70	0.73	0.49	0.51
Debt to Equity Ratio	1.72	1.61	1.71	1.52	1.44	1.73	1.62	1.59

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About NiSource Inc

NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations. The company provides natural gas to residential, commercial, and industrial customers through approximately 37,300 miles of distribution main pipeline and the associated individual customer service lines; and 310 miles of transmission main pipeline in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana, as well as engages in wholesale electric and transmission transactions. It owns and operates steam coal generating stations in Wheatfield and Michigan City; combined cycle gas turbine in West Terre Haute; natural gas generating units in Wheatfield; hydro generating plants in Carroll County and White County; wind generating units in White County; and solar generating units in Sullivan County, Gibson County, Jasper County, and White County. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.

Merrillville, IN

7,738 employees

www.nisource.com

Utilities / Regulated Gas

Sector: Utilities
Industry: Regulated Gas
CEO: Lloyd Yates

View full financials

Quarterly Report

TTM

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Quarter ended Jun 2024

Total Current Assets

2.41B

2.38B

1.85B

2.00B

2.18B

2.08B

1.62B

1.94B

Cash & Cash Equivalents

71.90M

135.70M

119.50M

335.40M

259.40M

156.60M

126.20M

101.20M

Short-Term Investments

0.00

Cash & Short-Term Investments

71.90M

135.70M

119.50M

335.40M

259.40M

156.60M

126.20M

101.20M

Accounts Receivable

1.32B

1.26B

743.90M

811.60M

1.18B

1.01B

594.50M

637.00M

Inventory

303.50M

449.50M

475.30M

368.00M

261.30M

389.10M

391.30M

373.20M

Total Assets

36.60B

36.55B

34.40B

34.03B

33.11B

31.79B

30.83B

29.90B

Property, Plant & Equipment

29.43B

28.71B

28.00B

27.45B

26.49B

25.45B

24.88B

23.61B

Goodwill

1.49B

Intangible Assets

0.00

Long-Term Investments

281.20M

281.90M

295.70M

259.70M

172.60M

178.70M

233.40M

235.80M

Total Current Liabilities

3.73B

3.46B

3.53B

3.41B

4.24B

4.11B

3.49B

2.51B

Accounts Payable

999.30M

1.25B

712.00M

683.90M

726.30M

863.10M

614.60M

584.00M

Short-Term Debt

1.31B

765.40M

1.29B

1.28B

2.05B

1.89B

1.53B

667.40M

Total Liabilities

24.67B

24.89B

23.16B

23.03B

22.16B

21.12B

20.50B

20.08B

Long-Term Debt

15.46B

15.22B

14.47B

12.83B

12.07B

12.09B

12.81B

Total Debt

16.77B

16.24B

15.76B

14.89B

13.96B

13.61B

13.48B

Net Debt (Cash)

16.69B

16.10B

15.64B

15.42B

14.63B

13.80B

13.49B

13.38B

Total Shareholders' Equity

9.66B

9.45B

9.12B

8.88B

8.90B

8.68B

8.35B

7.87B

Common Stock

4.80M

4.70M

4.50M

Retained Earnings

-96.60M

-315.20M

-572.00M

-532.10M

-501.40M

-711.70M

-934.90M

-896.20M

Current Ratio

0.65

0.69

0.52

0.59

0.52

0.51

0.46

0.78

Debt to Equity Ratio

1.74

1.72

1.73

1.77

1.67

1.61

1.63

1.71

Annual Report

12/31/2025

12/31/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Total Current Assets

2.38B

2.08B

4.50B

2.58B

1.92B

1.66B

1.85B

2.06B

Cash & Cash Equivalents

135.70M

156.60M

2.25B

40.80M

84.20M

116.50M

139.30M

112.80M

Short-Term Investments

0.00

Cash & Short-Term Investments

135.70M

156.60M

2.25B

40.80M

84.20M

116.50M

139.30M

112.80M

Accounts Receivable

1.26B

1.01B

928.00M

1.17B

925.20M

825.40M

905.40M

1.15B

Inventory

449.50M

389.10M

503.20M

751.90M

498.70M

401.10M

424.70M

422.50M

Total Assets

36.55B

31.79B

31.08B

26.74B

24.16B

22.04B

22.66B

21.80B

Property, Plant & Equipment

28.71B

25.45B

22.27B

19.84B

17.88B

16.62B

16.91B

15.54B

Goodwill

1.49B

1.69B

Intangible Assets

0.00

220.70M

Long-Term Investments

281.90M

178.70M

247.10M

224.20M

259.70M

252.00M

230.20M

206.10M

Total Current Liabilities

3.46B

4.11B

5.27B

4.66B

2.75B

2.28B

3.75B

4.04B

Accounts Payable

1.25B

863.10M

749.40M

899.50M

697.80M

589.00M

666.00M

883.80M

Short-Term Debt

765.40M

1.89B

3.07B

1.79B

590.00M

526.30M

1.79B

2.03B

Total Liabilities

24.89B

21.12B

20.94B

18.83B

16.88B

16.20B

16.67B

16.05B

Long-Term Debt

15.22B

11.85B

11.06B

9.52B

9.18B

9.22B

7.67B

7.11B

Total Debt

16.24B

13.96B

14.13B

11.53B

9.99B

9.95B

9.69B

9.13B

Net Debt (Cash)

16.10B

13.80B

11.88B

11.49B

9.91B

9.83B

9.56B

9.02B

Total Shareholders' Equity

9.45B

8.68B

8.27B

7.58B

6.95B

5.75B

5.99B

5.75B

Common Stock

4.80M

4.70M

4.50M

4.20M

4.10M

3.90M

3.80M

Retained Earnings

-315.20M

-711.70M

-967.00M

-1.21B

-1.58B

-1.77B

-1.37B

-1.40B

Current Ratio

0.69

0.51

0.85

0.55

0.70

0.73

0.49

0.51

Debt to Equity Ratio

1.72

1.61

1.71

1.52

1.44

1.73

1.62

1.59