NiSource Inc. (NI) Return on Equity (ROE): 9.96%
Is NiSource Inc.’s return on equity (ROE) high or low?
NiSource Inc.'s return on equity (ROE) of 9.96% is 30% above its 5-year average of 7.66%, near the high end of its 5-year range (-0.31%–10.61%).
As of Tuesday, June 16, 2026. 7.10% above its 12-month average of 9.30%.
NI Return on Equity (ROE) Chart
NI Average Return on Equity (ROE) Chart
NI Current vs Average Return on Equity (ROE) Chart
NI Return on Equity (ROE) Metrics
RETURN ON EQUITY (ROE)
9.96%
RETURN ON EQUITY (ROE) AVG TTM
9.30%
RETURN ON EQUITY (ROE) AVG 3Y
9.46%
RETURN ON EQUITY (ROE) AVG 5Y
7.66%
RETURN ON EQUITY (ROE) AVG 10Y
6.37%
RETURN ON EQUITY (ROE) AVG 15Y
7.73%
RETURN ON EQUITY (ROE) AVG 20Y
6.97%
CURRENT VS TTM AVG
+7.10%
CURRENT VS 3Y AVG
+5.26%
CURRENT VS 5Y AVG
+30.03%
CURRENT VS 10Y AVG
+56.42%
CURRENT VS 15Y AVG
+28.80%
CURRENT VS 20Y AVG
+42.84%
NI Competitors' Return on Equity (ROE)
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc. (NI) | $22.76B | 9.96% | 9.30% | 9.46% | 7.66% |
| CMS Energy Corporation (CMS)vs › | $22.75B | 11.69% | 11.95% | 11.90% | 13.62% |
| American Water Works Company, Inc. (AWK)vs › | $24.78B | 9.98% | 10.21% | 10.18% | 11.50% |
| Alliant Energy Corporation (LNT)vs › | $19.23B | 11.06% | 10.45% | 10.55% | 10.73% |
| FirstEnergy Corp. (FE)vs › | $27.38B | 8.42% | 8.00% | 7.64% | 10.04% |
| Talen Energy Corporation (TLN)vs › | $17.65B | -1.96% | 25.96% | 75.45% | 33.71% |
| CenterPoint Energy, Inc. (CNP)vs › | $28.18B | 9.35% | 9.49% | 9.75% | 7.58% |
| Atmos Energy Corporation (ATO)vs › | $28.49B | 9.03% | 8.71% | 8.45% | 8.51% |
| WEC Energy Group, Inc. (WEC)vs › | $37.13B | 11.57% | 11.86% | 11.85% | 11.79% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 0.04% | 6.52% | 10.72% | 7.84% |
Return Analysis
ROE
10.0%
ROA
2.6%
NiSource Inc. Return on Equity (ROE) Formula & Definition
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NiSource Inc. Return on Equity (ROE) FAQ
- What is the return on equity (ROE) for NiSource Inc. (NI)?
- The return on equity (ROE) for NI stock is 9.96%.
- Is NiSource Inc.'s return on equity (ROE) high or low?
- NiSource Inc.'s return on equity (ROE) of 9.96% is 30% above its 5-year average of 7.66%, near the high end of its 5-year range (-0.31%–10.61%).
- What is the TTM average return on equity (ROE) for NiSource Inc. (NI)?
- The TTM average return on equity (ROE) for NI stock is 9.30%.
- What is the 3Y average return on equity (ROE) for NiSource Inc. (NI)?
- The 3Y average return on equity (ROE) for NI stock is 9.46%.
- What is the 5Y average return on equity (ROE) for NiSource Inc. (NI)?
- The 5Y average return on equity (ROE) for NI stock is 7.66%.
- What is the 10Y average return on equity (ROE) for NiSource Inc. (NI)?
- The 10Y average return on equity (ROE) for NI stock is 6.37%.
- What is the 15Y average return on equity (ROE) for NiSource Inc. (NI)?
- The 15Y average return on equity (ROE) for NI stock is 7.73%.
- What is the 20Y average return on equity (ROE) for NiSource Inc. (NI)?
- The 20Y average return on equity (ROE) for NI stock is 6.97%.
NiSource Inc. Return on Equity (ROE) History
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 9.84% |
| 2024-12-31 | 8.76% |
| 2023-12-31 | 8.64% |
| 2022-12-31 | 10.61% |
| 2021-12-31 | 8.42% |
| 2020-12-31 | -0.31% |
| 2019-12-31 | 6.40% |
| 2018-12-31 | -0.88% |
| 2017-12-31 | 2.97% |
| 2016-12-31 | 8.14% |
| 2015-12-31 | 7.45% |
| 2014-12-31 | 8.58% |
| 2013-12-31 | 9.04% |
| 2012-12-31 | 7.49% |
| 2011-12-31 | 5.99% |
| 2010-12-31 | 5.93% |
| 2009-12-31 | 4.48% |
| 2008-12-31 | 1.67% |
| 2007-12-31 | 6.33% |
| 2006-12-31 | 5.63% |
| 2005-12-31 | 6.11% |
| 2004-12-31 | 8.96% |
| 2003-12-31 | 1.91% |
| 2002-12-31 | 8.74% |
| 2001-12-31 | 6.08% |
| 2000-12-31 | 4.42% |
| 1999-12-31 | 10.74% |
| 1998-12-31 | 15.01% |
| 1997-12-31 | 13.54% |
| 1996-12-31 | 14.22% |
Related Metrics
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