Nisource revenue and financials
$40.67Change from previous close: +2.83%Absolute change: +$1.12
In the fiscal year ended December 2025, Nisource reported revenue of $6.52B (+23.47% year over year). Net income was $929.5M, a net margin of 14.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +23.47%
- 2025 vs 2024
- Net income growth
- +22.24%
- 2025 vs 2024
- Net margin
- 14.3%
- 2024: 14.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2,362 | 1,782 | 1,935 | 1,409 | 1,218 | 1,104 | 1,583 | 540 | 742 | 803 |
| Depreciation and amortization | 1,168 | 1,043 | 908 | 821 | 748 | 726 | 717 | 600 | 570 | 547 |
| Capital expenditure | -2,782 | -2,614 | -2,646 | -2,203 | -1,838 | -1,758 | -1,802 | -1,818 | -1,696 | -1,475 |
| Investing cash flow | -4,524 | -3,213 | -3,572 | -2,570 | -2,205 | — | — | — | — | — |
| Financing cash flow | 2,099 | -651 | 3,842 | 1,141 | 956 | — | — | — | — | — |
| Dividends paid | -530 | -481 | -414 | -382 | -345 | -322 | -299 | -273 | -229 | -206 |
| Share repurchases | 0.0 | -500 | -400 | 0.0 | — | 0.0 | 0.0 | -4.0 | -7.2 | -9.4 |
| Debt issued | 3,483 | 2,230 | 2,775 | 1,548 | 57.0 | — | — | — | — | — |
| Debt repaid | -1,282 | -2,470 | -380 | -60.3 | -25.7 | — | — | — | — | — |
| Net change in cash | -62.9 | -2,083 | 2,206 | -19.5 | -30.7 | — | — | — | — | — |
| Free cash flow | -794 | -862 | -711 | -794 | -620 | — | — | — | — | — |
| Levered free cash flow | -1,116 | -648 | -1,636 | -685 | -615 | — | — | — | — | — |