NiSource Inc. (NI) Gross Margin: 55.92%
Is NiSource Inc.’s gross margin high or low?
NiSource Inc.'s gross margin of 55.92% is 21% above its 5-year average of 46.30%, near the high end of its 5-year range (38.47%–58.57%).
As of Tuesday, June 16, 2026. 1.64% above its 12-month average of 55.02%.
NI Gross Margin Chart
NI Average Gross Margin Chart
NI Current vs Average Gross Margin Chart
NI Gross Margin Metrics
GROSS MARGIN
55.92%
GROSS MARGIN AVG TTM
55.02%
GROSS MARGIN AVG 3Y
48.38%
GROSS MARGIN AVG 5Y
46.30%
GROSS MARGIN AVG 10Y
40.80%
GROSS MARGIN AVG 15Y
36.90%
GROSS MARGIN AVG 20Y
37.62%
CURRENT VS TTM AVG
+1.64%
CURRENT VS 3Y AVG
+15.59%
CURRENT VS 5Y AVG
+20.77%
CURRENT VS 10Y AVG
+37.07%
CURRENT VS 15Y AVG
+51.55%
CURRENT VS 20Y AVG
+48.66%
NI Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc. (NI) | $22.76B | 55.92% | 55.02% | 48.38% | 46.30% |
| CMS Energy Corporation (CMS)vs › | $22.75B | 64.61% | 51.80% | 43.52% | 41.87% |
| American Water Works Company, Inc. (AWK)vs › | $24.78B | 43.55% | 51.83% | 55.28% | 55.50% |
| Alliant Energy Corporation (LNT)vs › | $19.00B | 37.97% | 42.41% | 42.13% | 42.29% |
| FirstEnergy Corp. (FE)vs › | $27.38B | 53.77% | 61.14% | 62.33% | 64.99% |
| Talen Energy Corporation (TLN)vs › | $17.65B | 59.17% | 40.87% | 39.23% | 34.13% |
| CenterPoint Energy, Inc. (CNP)vs › | $28.18B | 41.30% | 37.36% | 38.38% | 38.57% |
| Atmos Energy Corporation (ATO)vs › | $28.31B | 51.43% | 55.14% | 50.37% | 50.93% |
| WEC Energy Group, Inc. (WEC)vs › | $37.13B | 55.74% | 47.28% | 42.36% | 40.91% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 51.38% | 39.33% | 51.52% | 56.75% |
Gross Margin Analysis
Gross Margin
55.9%
(Revenue - COGS) / Revenue
NiSource Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NiSource Inc. Gross Margin FAQ
- What is the gross margin for NiSource Inc. (NI)?
- The gross margin for NI stock is 55.92%.
- Is NiSource Inc.'s gross margin high or low?
- NiSource Inc.'s gross margin of 55.92% is 21% above its 5-year average of 46.30%, near the high end of its 5-year range (38.47%–58.57%).
- What is the TTM average gross margin for NiSource Inc. (NI)?
- The TTM average gross margin for NI stock is 55.02%.
- What is the 3Y average gross margin for NiSource Inc. (NI)?
- The 3Y average gross margin for NI stock is 48.38%.
- What is the 5Y average gross margin for NiSource Inc. (NI)?
- The 5Y average gross margin for NI stock is 46.30%.
- What is the 10Y average gross margin for NiSource Inc. (NI)?
- The 10Y average gross margin for NI stock is 40.80%.
- What is the 15Y average gross margin for NiSource Inc. (NI)?
- The 15Y average gross margin for NI stock is 36.90%.
- What is the 20Y average gross margin for NiSource Inc. (NI)?
- The 20Y average gross margin for NI stock is 37.62%.
NiSource Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 58.57% |
| 2024-12-31 | 51.47% |
| 2023-12-31 | 45.00% |
| 2022-12-31 | 38.47% |
| 2021-12-31 | 41.87% |
| 2020-12-31 | 42.43% |
| 2019-12-31 | 44.53% |
| 2018-12-31 | 19.56% |
| 2017-12-31 | 35.99% |
| 2016-12-31 | 36.87% |
| 2015-12-31 | 34.01% |
| 2014-12-31 | 23.68% |
| 2013-12-31 | 24.89% |
| 2012-12-31 | 36.63% |
| 2011-12-31 | 29.00% |
| 2010-12-31 | 27.42% |
| 2009-12-31 | 50.12% |
| 2008-12-31 | 36.59% |
| 2007-12-31 | 0.00% |
| 2006-12-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 100.00% |
| 2002-12-31 | 0.00% |
| 2001-12-31 | 0.00% |
| 2000-12-31 | 100.00% |
| 1999-12-31 | 47.49% |
| 1998-12-31 | 65.17% |
| 1997-12-31 | 70.19% |
| 1996-12-31 | 66.81% |
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