Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 20.00 as of 2026-09-14T21:25:47.647Z.
Consensus retrieved: 2026-09-13T23:27:43.867Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-14T21:25:47.647Z.
Quote observation: 2026-09-14T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d274eb198d7200c9b710e79519b2a2be8ba50c2706c87a79c36a53839e639a23
Forward PE Ratio (20.00) = Dated Quote Price ($41.08) / Consensus Forward EPS ($2.05)
FORWARD PE RATIO
20.00
SECTOR MEDIAN · UTILITIES
17.33
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+15.41%
vs the sector median at left
NiSource Inc
Market Cap
$19.69B
Forward PE Ratio
20.00
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| NiSource Inc (NI) | $19.69B | 20.00 |
| Evergy, Inc. (EVRG)vs › | $18.64B | 19.00 |
| CMS Energy Corporation (CMS)vs › | $20.95B | 17.26 |
| Edison International (EIX)vs › | $21.60B | 9.15 |
| Alliant Energy Corporation (LNT)vs › | $17.28B | 19.54 |
| NRG Energy, Inc. (NRG)vs › | $22.89B | 12.20 |
| PPL Corporation (PPL)vs › | $25.43B | 17.34 |
| CenterPoint Energy, Inc. (CNP)vs › | $25.46B | 20.21 |
| Eversource Energy (ES)vs › | $25.70B | 14.71 |
| Talen Energy Corporation (TLN)vs › | $13.01B | 13.92 |
Trailing P/E
21.9
reported TTM EPS
Forward P/E
20.0
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.05 implies +9.0% EPS growth vs the reported trailing $1.88.
At the dated quote price of $41.08, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.05 | $2.00 – $2.24 | 8 | 20.0x |
| 2027-12-31 | $2.25 | $2.18 – $2.41 | 10 | 18.2x |
| 2028-12-31 | $2.48 | $2.43 – $2.54 | 7 | 16.5x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
