NiSource Overview

  • Year Founded
  • 1912

Year Founded

  • Status
  • Public

  • Employees
  • 7,746

Employees

  • Stock Symbol
  • NI

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $38.69
  • (As of Thursday Closing)

NiSource General Information

Description

NiSource is one of the nation's largest natural gas distribution companies with 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.

Contact Information

Formerly Known As
NIPSCO Industries, Northern Indiana Public Service Co., New Nisource Inc, Nipsco Industries Inc
Ownership Status
Publicly Held
Financing Status
Private Equity-Backed
Corporate Office
  • 801 East 86th Avenue
  • Merrillville, IN 46410
  • United States
+1 (888)
Primary Industry
Multi-Utilities
Other Industries
Gas Utilities
Electric Utilities
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 801 East 86th Avenue
  • Merrillville, IN 46410
  • United States
+1 (888)

NiSource Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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NiSource Stock Performance

As of 15-May-2025, NiSource’s stock price is $38.69. Its current market cap is $18.2B with 471M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$38.69 $37.88 $27.60 - $41.45 $18.2B 471M 5.17M $1.87

NiSource Financials Summary

As of 31-Mar-2025, NiSource has a trailing 12-month revenue of $5.93B.

In Thousands,
USD
TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 34,654,372 32,630,894 25,887,680 23,782,704
Revenue 5,932,000 5,455,100 5,505,400 5,850,600
EBITDA 2,748,300 2,558,700 2,214,300 2,145,100
Net Income 870,200 760,400 714,300 804,100
Total Assets 33,105,100 31,788,100 31,077,200 26,736,600
Total Debt 14,885,100 13,960,300 14,127,900 11,315,500
Public Fundamental Data provided by Morningstar, Inc. disclaimer

NiSource Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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NiSource Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
NiSource is one of the nation's largest natural gas distribution companies with 3.2 million customers in Indiana, Kentuc
Multi-Utilities
Merrillville, IN
7,746 As of 2024

Chicago, IL
 

Sioux Falls, SD
 
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NiSource Competitors (40)

One of NiSource’s 40 competitors is Exelon, a Corporation company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Exelon Corporation Chicago, IL
NorthWestern Energy Group Corporation Sioux Falls, SD
FirstEnergy Corporation Akron, OH
Xcel Energy Corporation Minneapolis, MN
Unitil Corporation Hampton, NH
You’re viewing 5 of 40 competitors. Get the full list »

NiSource Patents

NiSource Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-6951580-B1 Method for minimizing bowing of collector plates in an electrostatic precipitator, and a collector plate-clip combination Inactive 13-Apr-2004
US-20050223892-A1 Method for minimizing bowing of collector plates in an electrostatic precipitator, and a collector plate-clip combination Active 13-Apr-2004
US-5071820-A Heating in oxygen, purging, heating in nitrogen; natural gas s torage Inactive 25-May-1990
CA-1284945-C Regasifier Inactive 08-Nov-1988
US-4914275-A Regasifier Inactive 08-Nov-1988 F22B1/284
To view NiSource’s complete patent history, request access »

NiSource Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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NiSource Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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NiSource Investments & Acquisitions (4)

NiSource’s most recent deal was a Merger/Acquisition with Sugar Creek Power Company for . The deal was made on 30-May-2008.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Sugar Creek Power Company 30-May-2008 Merger/Acquisition Other Energy
Acumentrics 09-May-2008 Later Stage VC Electrical Equipment
Acumentrics 07-Aug-2006 Later Stage VC Electrical Equipment
Columbia Energy Group 01-Nov-2000 Merger/Acquisition Energy Exploration
To view NiSource’s complete investments and acquisitions history, request access »

NiSource ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

20.58 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 14,631

Rank

Percentile

Utilities

Industry

of 632

Rank

Percentile

Multi-Utilities

Subindustry

of 103

Rank

Percentile

To view NiSource’s complete esg history, request access »

NiSource Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Columbia Gas Of Pennsylvania Canonsburg, PA 1993
NiSource Retirement Savings Plan Merrillville, IN 1958
Northern Indiana Public Service Company Merrillville, IN 1912
Columbia Gas Of Kentucky Lexington, KY 1905
NiSource Master Retirement Trust Merrillville, IN

NiSource FAQs

  • When was NiSource founded?

    NiSource was founded in 1912.

  • Where is NiSource headquartered?

    NiSource is headquartered in Merrillville, IN.

  • What is the size of NiSource?

    NiSource has 7,746 total employees.

  • What industry is NiSource in?

    NiSource’s primary industry is Multi-Utilities.

  • Is NiSource a private or public company?

    NiSource is a Public company.

  • What is NiSource’s stock symbol?

    The ticker symbol for NiSource is NI.

  • What is the current stock price of NiSource?

    As of 15-May-2025 the stock price of NiSource is $38.69.

  • What is the current market cap of NiSource?

    The current market capitalization of NiSource is $18.2B.

  • What is NiSource’s current revenue?

    The trailing twelve month revenue for NiSource is $5.93B.

  • Who are NiSource’s competitors?

    Exelon, NorthWestern Energy Group, FirstEnergy, Xcel Energy, and Unitil are some of the 40 competitors of NiSource.

  • What is NiSource’s annual earnings per share (EPS)?

    NiSource’s EPS for 12 months was $1.87.

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