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NiSource Inc. (NI)
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NiSource Inc. (NI) EV/Assets Ratio: 1.08x

Is NiSource Inc.’s EV/Assets ratio high or low?

NiSource Inc.'s EV/Assets ratio of 1.08x is 15% above its 5-year average of 0.94x, near the high end of its 5-year range (0.75x–1.08x).

As of Tuesday, June 16, 2026. 3.43% above its 12-month average of 1.04x.

NI EV/Assets Ratio Chart

NI EV/Assets Ratio
1.08x+8.00% 1Y
Zoom

NI Average EV/Assets Ratio Chart

NI Current vs Average EV/Assets Ratio Chart

NI EV/Assets Ratio Metrics

EV/ASSETS RATIO

1.08x

EV/ASSETS RATIO AVG TTM

1.04x

EV/ASSETS RATIO AVG 3Y

0.96x

EV/ASSETS RATIO AVG 5Y

0.94x

EV/ASSETS RATIO AVG 10Y

0.89x

EV/ASSETS RATIO AVG 15Y

0.80x

EV/ASSETS RATIO AVG 20Y

0.71x

CURRENT VS TTM AVG

+3.43%

CURRENT VS 3Y AVG

+12.54%

CURRENT VS 5Y AVG

+15.07%

CURRENT VS 10Y AVG

+21.05%

CURRENT VS 15Y AVG

+35.58%

CURRENT VS 20Y AVG

+51.61%

NI Competitors' EV/Assets Ratio

NAMEMARKET CAPEV/ASSETS RATIOTTM3Y5Y
NiSource Inc. (NI)$22.76B1.08x1.04x0.96x0.94x
CMS Energy Corporation (CMS)vs ›$22.75B1.02x1.03x1.01x1.03x
American Water Works Company, Inc. (AWK)vs ›$24.78B1.14x1.19x1.23x1.35x
Alliant Energy Corporation (LNT)vs ›$19.00B1.24x1.18x1.12x1.14x
FirstEnergy Corp. (FE)vs ›$27.38B0.97x0.95x0.94x0.96x
Talen Energy Corporation (TLN)vs ›$17.65B2.19x3.00x2.16x2.16x
CenterPoint Energy, Inc. (CNP)vs ›$28.18B1.10x1.07x0.98x0.95x
Atmos Energy Corporation (ATO)vs ›$28.31B1.25x1.28x1.16x1.12x
WEC Energy Group, Inc. (WEC)vs ›$37.13B1.15x1.15x1.09x1.12x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.85x0.80x0.76x0.82x

NiSource Inc. EV/Assets Ratio Formula & Definition

EV/Assets compares enterprise value to total assets. It is useful for asset-heavy businesses and for comparing how much the market pays for each dollar of assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NiSource Inc. EV/Assets Ratio FAQ

What is the EV/Assets ratio for NiSource Inc. (NI)?
The EV/Assets ratio for NI stock is 1.08x.
Is NiSource Inc.'s EV/Assets ratio high or low?
NiSource Inc.'s EV/Assets ratio of 1.08x is 15% above its 5-year average of 0.94x, near the high end of its 5-year range (0.75x–1.08x).
What is the TTM average EV/Assets ratio for NiSource Inc. (NI)?
The TTM average EV/Assets ratio for NI stock is 1.04x.
What is the 3Y average EV/Assets ratio for NiSource Inc. (NI)?
The 3Y average EV/Assets ratio for NI stock is 0.96x.
What is the 5Y average EV/Assets ratio for NiSource Inc. (NI)?
The 5Y average EV/Assets ratio for NI stock is 0.94x.
What is the 10Y average EV/Assets ratio for NiSource Inc. (NI)?
The 10Y average EV/Assets ratio for NI stock is 0.89x.
What is the 15Y average EV/Assets ratio for NiSource Inc. (NI)?
The 15Y average EV/Assets ratio for NI stock is 0.80x.
What is the 20Y average EV/Assets ratio for NiSource Inc. (NI)?
The 20Y average EV/Assets ratio for NI stock is 0.71x.

NiSource Inc. EV/Assets Ratio History

DATEEV/ASSETS RATIO
2026-06-151.08x
2026-06-121.08x
2026-06-111.07x
2026-06-101.07x
2026-06-091.06x
2026-06-081.06x
2026-06-051.07x
2026-06-041.06x
2026-06-031.05x
2026-06-021.06x
2026-06-011.05x
2026-05-291.06x
2026-05-281.07x
2026-05-271.08x
2026-05-261.08x
2026-05-221.08x
2026-05-211.08x
2026-05-201.07x
2026-05-191.08x
2026-05-181.07x
2026-05-151.06x
2026-05-141.08x
2026-05-131.07x
2026-05-121.08x
2026-05-111.07x
2026-05-081.07x
2026-05-071.07x
2026-05-061.08x
2026-05-051.07x
2026-05-041.06x
2026-05-011.06x
2026-04-301.07x
2026-04-291.07x
2026-04-281.07x
2026-04-271.07x
2026-04-241.06x
2026-04-231.07x
2026-04-221.05x
2026-04-211.05x
2026-04-201.06x
2026-04-171.07x
2026-04-161.06x
2026-04-151.06x
2026-04-141.05x
2026-04-131.05x
2026-04-101.06x
2026-04-091.07x
2026-04-081.07x
2026-04-071.06x
2026-04-061.05x
2026-04-021.06x
2026-04-011.05x
2026-03-311.05x
2026-03-301.04x
2026-03-271.04x
2026-03-261.03x
2026-03-251.03x
2026-03-241.03x
2026-03-231.03x
2026-03-201.03x
2026-03-191.05x
2026-03-181.05x
2026-03-171.05x
2026-03-161.06x
2026-03-131.06x
2026-03-121.05x
2026-03-111.04x
2026-03-101.05x
2026-03-091.05x
2026-03-061.04x
2026-03-051.05x
2026-03-041.06x
2026-03-031.05x
2026-03-021.05x
2026-02-271.05x
2026-02-261.05x
2026-02-251.04x
2026-02-241.04x
2026-02-231.04x
2026-02-201.04x
2026-02-191.04x
2026-02-181.03x
2026-02-171.05x
2026-02-131.04x
2026-02-121.03x
2026-02-111.02x
2026-02-101.07x
2026-02-091.07x
2026-02-061.06x
2026-02-051.06x
2026-02-041.06x
2026-02-031.06x
2026-02-021.06x
2026-01-301.06x
2026-01-291.07x
2026-01-281.07x
2026-01-271.07x
2026-01-261.06x
2026-01-231.05x
2026-01-221.05x
2026-01-211.06x
2026-01-201.05x
2026-01-161.06x
2026-01-151.05x
2026-01-141.05x
2026-01-131.04x
2026-01-121.04x
2026-01-091.03x
2026-01-081.03x
2026-01-071.03x
2026-01-061.03x
2026-01-051.03x
2026-01-021.04x
2025-12-311.03x
2025-12-301.03x
2025-12-291.03x
2025-12-261.03x
2025-12-241.03x
2025-12-231.03x
2025-12-221.03x
2025-12-191.02x
2025-12-181.03x
2025-12-171.02x
2025-12-161.03x
2025-12-151.03x
2025-12-121.02x
2025-12-111.03x
2025-12-101.02x
2025-12-091.03x
2025-12-081.02x
2025-12-051.03x
2025-12-041.03x
2025-12-031.03x
2025-12-021.04x
2025-12-011.05x
2025-11-281.06x
2025-11-261.06x
2025-11-251.05x
2025-11-241.05x
2025-11-211.04x
2025-11-201.04x
2025-11-191.04x
2025-11-181.05x
2025-11-171.05x
2025-11-141.05x
2025-11-131.05x
2025-11-121.06x
2025-11-111.06x
2025-11-101.06x
2025-11-071.05x
2025-11-061.04x
2025-11-051.05x
2025-11-041.05x
2025-11-031.04x
2025-10-311.03x
2025-10-301.03x
2025-10-291.04x
2025-10-281.06x
2025-10-271.06x
2025-10-241.06x
2025-10-231.06x
2025-10-221.07x
2025-10-211.06x
2025-10-201.06x
2025-10-171.05x
2025-10-161.05x
2025-10-151.06x
2025-10-141.05x
2025-10-131.05x
2025-10-101.05x
2025-10-091.05x
2025-10-081.06x
2025-10-071.06x
2025-10-061.07x
2025-10-031.06x
2025-10-021.05x
2025-10-011.05x
2025-09-301.05x
2025-09-291.05x
2025-09-261.04x
2025-09-251.03x
2025-09-241.04x
2025-09-231.03x
2025-09-221.03x
2025-09-191.01x
2025-09-181.01x
2025-09-171.00x
2025-09-161.00x
2025-09-151.02x
2025-09-121.02x
2025-09-111.02x
2025-09-101.02x
2025-09-091.01x
2025-09-081.01x
2025-09-051.01x
2025-09-041.01x
2025-09-031.03x
2025-09-021.04x
2025-08-291.04x
2025-08-281.04x
2025-08-271.04x
2025-08-261.04x
2025-08-251.05x
2025-08-221.05x
2025-08-211.04x
2025-08-201.04x
2025-08-191.04x
2025-08-181.03x
2025-08-151.04x
2025-08-141.04x
2025-08-131.05x
2025-08-121.04x
2025-08-111.04x
2025-08-081.04x
2025-08-071.04x
2025-08-061.03x
2025-08-051.05x
2025-08-041.06x
2025-08-011.05x
2025-07-311.05x
2025-07-301.05x
2025-07-291.04x
2025-07-281.03x
2025-07-251.04x
2025-07-241.04x
2025-07-231.04x
2025-07-221.04x
2025-07-211.04x
2025-07-181.03x
2025-07-171.02x
2025-07-161.01x
2025-07-151.01x
2025-07-141.01x
2025-07-111.01x
2025-07-101.01x
2025-07-091.00x
2025-07-081.00x
2025-07-071.01x
2025-07-031.01x
2025-07-021.00x
2025-07-011.01x
2025-06-301.02x
2025-06-271.01x
2025-06-261.01x
2025-06-251.01x
2025-06-241.02x
2025-06-231.02x
2025-06-201.01x
2025-06-181.00x
2025-06-171.00x
2025-06-161.00x
2025-06-131.01x
2025-06-121.01x
2025-06-111.00x
2025-06-101.01x
2025-06-091.00x
2025-06-061.00x
2025-06-051.00x
2025-06-041.00x
2025-06-031.00x

Showing the most recent 260 of 5,031 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