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NiSource Inc. (NI)
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NiSource Inc. (NI) Earnings Yield: 4.23%

Is NiSource Inc.’s earnings yield high or low?

NiSource Inc.'s earnings yield of 4.23% is 10% below its 5-year average of 4.70%, around the middle of its 5-year range (1.39%–6.53%).

As of Tuesday, June 16, 2026. 3.41% below its 12-month average of 4.38%.

NI Earnings Yield Chart

NI Earnings Yield
4.23%-10.19% 1Y
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NI Average Earnings Yield Chart

NI Current vs Average Earnings Yield Chart

NI Earnings Yield Metrics

EARNINGS YIELD

4.23%

EARNINGS YIELD AVG TTM

4.38%

EARNINGS YIELD AVG 3Y

4.84%

EARNINGS YIELD AVG 5Y

4.94%

EARNINGS YIELD AVG 10Y

4.02%

EARNINGS YIELD AVG 15Y

6.44%

EARNINGS YIELD AVG 20Y

7.98%

CURRENT VS TTM AVG

-3.41%

CURRENT VS 3Y AVG

-12.52%

CURRENT VS 5Y AVG

-14.45%

CURRENT VS 10Y AVG

+5.21%

CURRENT VS 15Y AVG

-34.28%

CURRENT VS 20Y AVG

-47.00%

NI Competitors' Earnings Yield

NAMEMARKET CAPEARNINGS YIELDTTM3Y5Y
NiSource Inc. (NI)$22.76B4.23%4.38%4.84%4.94%
CMS Energy Corporation (CMS)vs ›$22.75B4.96%4.76%4.78%5.24%
American Water Works Company, Inc. (AWK)vs ›$24.78B4.45%4.20%3.89%3.81%
Alliant Energy Corporation (LNT)vs ›$19.00B4.34%4.66%4.82%4.74%
FirstEnergy Corp. (FE)vs ›$27.38B3.88%4.55%3.91%4.31%
Talen Energy Corporation (TLN)vs ›$17.65BN/A3.19%7.24%7.24%
CenterPoint Energy, Inc. (CNP)vs ›$28.18B3.79%3.88%4.40%5.29%
Atmos Energy Corporation (ATO)vs ›$28.31B4.79%4.39%4.87%4.95%
WEC Energy Group, Inc. (WEC)vs ›$37.13B4.40%4.63%4.82%4.68%
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.10%3.97%4.43%5.48%

Earnings Yield vs P/E Ratio

Earnings Yield

4.23%

EPS ÷ Price

P/E Ratio

23.6

Price ÷ EPS

Formula: Earnings Yield = (EPS / Price) × 100

Earnings Yield is simply the inverse of P/E. A P/E of 20 equals a 5% earnings yield.

How earnings yield is used:

  • It expresses earnings relative to share price as a percentage
  • It can be compared with FCF yield and dividend yield
  • It can be compared with bond yields because both are percentages
  • It is mathematically the inverse of the P/E ratio

NiSource Inc. Earnings Yield Formula & Definition

Earnings Yield = EPS (TTM) / Share Price

Earnings yield is the inverse of the PE ratio, expressing trailing earnings as a percentage of price. Higher is cheaper.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NiSource Inc. Earnings Yield FAQ

What is the earnings yield for NiSource Inc. (NI)?
The earnings yield for NI stock is 4.23%.
Is NiSource Inc.'s earnings yield high or low?
NiSource Inc.'s earnings yield of 4.23% is 10% below its 5-year average of 4.70%, around the middle of its 5-year range (1.39%–6.53%).
What is the TTM average earnings yield for NiSource Inc. (NI)?
The TTM average earnings yield for NI stock is 4.38%.
What is the 3Y average earnings yield for NiSource Inc. (NI)?
The 3Y average earnings yield for NI stock is 4.84%.
What is the 5Y average earnings yield for NiSource Inc. (NI)?
The 5Y average earnings yield for NI stock is 4.94%.
What is the 10Y average earnings yield for NiSource Inc. (NI)?
The 10Y average earnings yield for NI stock is 4.02%.
What is the 15Y average earnings yield for NiSource Inc. (NI)?
The 15Y average earnings yield for NI stock is 6.44%.
What is the 20Y average earnings yield for NiSource Inc. (NI)?
The 20Y average earnings yield for NI stock is 7.98%.

NiSource Inc. Earnings Yield History

DATEEARNINGS YIELD
2026-06-154.23%
2026-06-124.26%
2026-06-114.31%
2026-06-104.31%
2026-06-094.34%
2026-06-084.38%
2026-06-054.31%
2026-06-044.38%
2026-06-034.42%
2026-06-024.38%
2026-06-014.46%
2026-05-294.35%
2026-05-284.30%
2026-05-274.23%
2026-05-264.21%
2026-05-224.20%
2026-05-214.21%
2026-05-204.28%
2026-05-194.24%
2026-05-184.32%
2026-05-154.34%
2026-05-144.24%
2026-05-134.27%
2026-05-124.26%
2026-05-114.27%
2026-05-084.30%
2026-05-074.28%
2026-05-064.23%
2026-05-054.05%
2026-05-044.06%
2026-05-014.06%
2026-04-304.04%
2026-04-294.05%
2026-04-284.02%
2026-04-274.04%
2026-04-244.06%
2026-04-234.04%
2026-04-224.16%
2026-04-214.15%
2026-04-204.08%
2026-04-174.04%
2026-04-164.09%
2026-04-154.12%
2026-04-144.13%
2026-04-134.13%
2026-04-104.06%
2026-04-094.02%
2026-04-084.05%
2026-04-074.09%
2026-04-064.14%
2026-04-024.11%
2026-04-014.16%
2026-03-314.18%
2026-03-304.19%
2026-03-274.24%
2026-03-264.29%
2026-03-254.27%
2026-03-244.27%
2026-03-234.29%
2026-03-204.33%
2026-03-194.18%
2026-03-184.18%
2026-03-174.13%
2026-03-164.11%
2026-03-134.12%
2026-03-124.18%
2026-03-114.22%
2026-03-104.19%
2026-03-094.15%
2026-03-064.20%
2026-03-054.15%
2026-03-044.10%
2026-03-034.17%
2026-03-024.14%
2026-02-274.12%
2026-02-264.18%
2026-02-254.19%
2026-02-244.20%
2026-02-234.22%
2026-02-204.21%
2026-02-194.26%
2026-02-184.30%
2026-02-174.18%
2026-02-134.21%
2026-02-124.32%
2026-02-114.37%
2026-02-104.24%
2026-02-094.26%
2026-02-064.30%
2026-02-054.31%
2026-02-044.30%
2026-02-034.31%
2026-02-024.30%
2026-01-304.28%
2026-01-294.24%
2026-01-284.28%
2026-01-274.27%
2026-01-264.32%
2026-01-234.36%
2026-01-224.35%
2026-01-214.33%
2026-01-204.37%
2026-01-164.31%
2026-01-154.35%
2026-01-144.38%
2026-01-134.46%
2026-01-124.47%
2026-01-094.51%
2026-01-084.56%
2026-01-074.56%
2026-01-064.52%
2026-01-054.56%
2026-01-024.49%
2025-12-314.54%
2025-12-304.51%
2025-12-294.52%
2025-12-264.54%
2025-12-244.52%
2025-12-234.56%
2025-12-224.57%
2025-12-194.63%
2025-12-184.56%
2025-12-174.59%
2025-12-164.57%
2025-12-154.53%
2025-12-124.58%
2025-12-114.55%
2025-12-104.59%
2025-12-094.57%
2025-12-084.59%
2025-12-054.51%
2025-12-044.52%
2025-12-034.52%
2025-12-024.48%
2025-12-014.41%
2025-11-284.29%
2025-11-264.33%
2025-11-254.39%
2025-11-244.36%
2025-11-214.43%
2025-11-204.47%
2025-11-194.44%
2025-11-184.40%
2025-11-174.39%
2025-11-144.42%
2025-11-134.41%
2025-11-124.34%
2025-11-114.31%
2025-11-104.33%
2025-11-074.35%
2025-11-064.43%
2025-11-054.42%
2025-11-044.42%
2025-11-034.45%
2025-10-314.50%
2025-10-304.50%
2025-10-294.46%
2025-10-284.34%
2025-10-274.31%
2025-10-244.32%
2025-10-234.30%
2025-10-224.27%
2025-10-214.31%
2025-10-204.30%
2025-10-174.36%
2025-10-164.36%
2025-10-154.33%
2025-10-144.39%
2025-10-134.41%
2025-10-104.40%
2025-10-094.39%
2025-10-084.29%
2025-10-074.33%
2025-10-064.27%
2025-10-034.30%
2025-10-024.37%
2025-10-014.38%
2025-09-304.35%
2025-09-294.36%
2025-09-264.43%
2025-09-254.51%
2025-09-244.45%
2025-09-234.54%
2025-09-224.56%
2025-09-194.68%
2025-09-184.69%
2025-09-174.76%
2025-09-164.79%
2025-09-154.65%
2025-09-124.60%
2025-09-114.58%
2025-09-104.63%
2025-09-094.66%
2025-09-084.69%
2025-09-054.67%
2025-09-044.73%
2025-09-034.51%
2025-09-024.48%
2025-08-294.46%
2025-08-284.47%
2025-08-274.44%
2025-08-264.45%
2025-08-254.42%
2025-08-224.39%
2025-08-214.46%
2025-08-204.43%
2025-08-194.46%
2025-08-184.52%
2025-08-154.49%
2025-08-144.43%
2025-08-134.42%
2025-08-124.45%
2025-08-114.47%
2025-08-084.46%
2025-08-074.45%
2025-08-064.50%
2025-08-054.32%
2025-08-044.28%
2025-08-014.36%
2025-07-314.37%
2025-07-304.37%
2025-07-294.40%
2025-07-284.49%
2025-07-254.40%
2025-07-244.43%
2025-07-234.45%
2025-07-224.41%
2025-07-214.45%
2025-07-184.54%
2025-07-174.61%
2025-07-164.62%
2025-07-154.65%
2025-07-144.64%
2025-07-114.69%
2025-07-104.68%
2025-07-094.71%
2025-07-084.76%
2025-07-074.68%
2025-07-034.69%
2025-07-024.71%
2025-07-014.63%
2025-06-304.60%
2025-06-274.64%
2025-06-264.68%
2025-06-254.67%
2025-06-244.58%
2025-06-234.58%
2025-06-204.69%
2025-06-184.72%
2025-06-174.72%
2025-06-164.71%
2025-06-134.69%
2025-06-124.65%
2025-06-114.70%
2025-06-104.69%
2025-06-094.71%
2025-06-064.72%
2025-06-054.76%
2025-06-044.75%
2025-06-034.70%

Showing the most recent 260 of 4,264 data points. The chart above shows the full history.

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.

Merrillville, IN
7,687 employees
Utilities / Regulated Gas
Sector
Utilities
Industry
Regulated Gas
CEO
Lloyd Yates