NiSource Inc. (NI)
NYSE · Utilities · market cap 22.16B
Share price
$40.91
At the last nightly close
Intrinsic value
$35.20
A single conservative estimate.
Margin of safety
-14.0%
($35.20 − $40.91) ÷ $40.91
EV / EBIT
38.8
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above is the low end of what they agree on.
The frame gives no credit for growth. A company that compounds will therefore read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-09-03.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 6.64B | 1.83B | 929.5M | 1.96 | -793.8M |
| 2024-FY | 5.46B | 1.46B | 760.4M | 1.63 | -861.5M |
| 2023-FY | 5.51B | 1.30B | 714.3M | 1.59 | -710.7M |
| 2022-FY | 5.85B | 1.16B | 804.1M | 1.84 | -793.7M |
| 2021-FY | 4.73B | 1.01B | 584.9M | 1.27 | -620.1M |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- Why Is NiSource (NI) Stock Up +0.86% Today?tickeron.com
- NiSource (NI) Stock News & Updates | StockTitanstocktitan.net
- NiSource (NYSE:NI) - Stock Analysissimplywall.st
- NiSource Inc. (NI) Stock Price, News, Quote & History - Yahoo Financefinance.yahoo.com
- NiSource Inc. (NI) Stock Price, Quote, News & Analysis | Seeking Alphaseekingalpha.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on NI.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.