NiSource Inc. (NI) Tax Rate: 16.75%
Is NiSource Inc.’s tax rate high or low?
NiSource Inc.'s tax rate of 16.75% is 27% below its 5-year average of 23.03%, near the low end of its 5-year range (15.77%–54.63%).
3.01% above its 12-month average of 16.26%.
NI Tax Rate Chart
NI Average Tax Rate Chart
NI Current vs Average Tax Rate Chart
NI Tax Rate Metrics
TAX RATE
16.75%
TAX RATE AVG TTM
16.26%
TAX RATE AVG 3Y
16.72%
TAX RATE AVG 5Y
23.03%
TAX RATE AVG 10Y
35.35%
TAX RATE AVG 15Y
29.52%
TAX RATE AVG 20Y
31.25%
CURRENT VS TTM AVG
+3.01%
CURRENT VS 3Y AVG
+0.19%
CURRENT VS 5Y AVG
-27.26%
CURRENT VS 10Y AVG
-52.62%
CURRENT VS 15Y AVG
-43.27%
CURRENT VS 20Y AVG
-46.40%
NiSource Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NiSource Inc. Tax Rate FAQ
- What is the tax rate for NiSource Inc. (NI)?
- The tax rate for NI stock is 16.75%.
- Is NiSource Inc.'s tax rate high or low?
- NiSource Inc.'s tax rate of 16.75% is 27% below its 5-year average of 23.03%, near the low end of its 5-year range (15.77%–54.63%).
- What is the TTM average tax rate for NiSource Inc. (NI)?
- The TTM average tax rate for NI stock is 16.26%.
- What is the 3Y average tax rate for NiSource Inc. (NI)?
- The 3Y average tax rate for NI stock is 16.72%.
- What is the 5Y average tax rate for NiSource Inc. (NI)?
- The 5Y average tax rate for NI stock is 23.03%.
- What is the 10Y average tax rate for NiSource Inc. (NI)?
- The 10Y average tax rate for NI stock is 35.35%.
- What is the 15Y average tax rate for NiSource Inc. (NI)?
- The 15Y average tax rate for NI stock is 29.52%.
- What is the 20Y average tax rate for NiSource Inc. (NI)?
- The 20Y average tax rate for NI stock is 31.25%.
NiSource Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 16.75% |
| 2024-12-31 | 15.77% |
| 2023-12-31 | 17.14% |
| 2022-12-31 | 17.21% |
| 2021-12-31 | 16.67% |
| 2020-12-31 | 54.63% |
| 2019-12-31 | 24.38% |
| 2018-12-31 | 78.06% |
| 2017-12-31 | 70.98% |
| 2016-12-31 | 35.69% |
| 2015-12-31 | 41.57% |
| 2014-12-31 | 36.90% |
| 2013-12-31 | 34.79% |
| 2012-12-31 | 34.42% |
| 2011-12-31 | 34.96% |
| 2010-12-31 | 32.45% |
| 2009-12-31 | 41.76% |
| 2008-12-31 | 33.39% |
| 2007-12-31 | 35.55% |
| 2006-12-31 | 35.27% |
| 2005-12-31 | 34.50% |
| 2004-12-31 | 35.90% |
| 2003-12-31 | 35.49% |
| 2002-12-31 | 35.46% |
| 2001-12-31 | 46.34% |
| 2000-12-31 | 46.93% |
| 1999-12-31 | 36.04% |
| 1998-12-31 | 34.23% |
| 1997-12-31 | 35.50% |
| 1996-12-31 | 38.58% |
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