NiSource Stock

NiSource EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of NiSource (NI) as of Jul 24, 2026 is 12.17. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 15.26 — a change of -20.23% (lower).

EV/EBIT

12.17

YoY

-20.23%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of NiSource is 2026 12.17 . EV/EBIT (Enterprise Value to EBIT) of NiSource was 2025 15.26 . It decreases by -20.23% lower compared to the previous year.

The NiSource EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

PRICE-TO-EBIT
Date
PRICE-TO-EBIT
Jan 1, 2019
8.02 base
Jan 1, 2020
9.17 base
Jan 1, 2021
11.36 base
Jan 1, 2022
10.45 base
Jan 1, 2023
9.16 base
Jan 1, 2024
11.45 base
Jan 1, 2025
10.79 base
Jan 1, 2026 (e)
10.32 base
YEARPRICE-TO-EBIT
2026 est 10.32
2025 10.79
2024 11.45
2023 9.16
2022 10.45
2021 11.36
2020 9.17
2019 8.02
2018 71.78
2017 9.16
2016 8.28
2015 7.78
2014 6.66
2013 3.72
2012 2.93
2011 2.95
2010 2.21
2009 2.07
2008 1.30
2007 2.22
2006 2.78
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NiSource Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides NiSource's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates NiSource's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots NiSource's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if NiSource grows earnings faster than its peers.

NiSource Stock analysis

What does NiSource do? NiSource Inc is an American energy company headquartered in Merrillville, Indiana. The company was founded in 1912 in Valparaiso, Indiana and has been listed on the New York Stock Exchange since 1999. NiSource operates in various sectors and offers a wide range of products and services related to energy. History: The roots of NiSource can be traced back to 1912 when the Northern Indiana Gas Company was founded by a group of businessmen in Valparaiso, Indiana. The company grew rapidly and expanded into other cities and communities in Indiana and the surrounding states in the following years. In 1987, Northern Indiana Gas Company merged with Bay State Gas Company from Massachusetts, forming the company NiSource. In the following years, the company continued to expand and acquired other energy companies in Indiana, Ohio, Pennsylvania, Kentucky, and Virginia. Business model: NiSource is an integrated energy company operating in various sectors. The company operates gas and electricity distribution networks in Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. It is also involved in the exploration, production, and storage of natural gas. NiSource is a vertically integrated company that controls the production, distribution, and sale of energy to businesses and customers in the areas it serves. The company has a variety of business segments, including power and gas distribution, energy resources and production, as well as management and operation of energy infrastructure. Segments: NiSource operates in various segments, including power and gas distribution, energy resources and production, and management and operation of energy infrastructure. The largest segment of the company is gas distribution. NiSource operates gas supply networks in Indiana, Ohio, Pennsylvania, Kentucky, and Virginia. This includes approximately 57,000 miles of pipelines and around 3.5 million customers. Power distribution is another important segment of NiSource. The company operates power supply networks in Indiana and Ohio, covering approximately 17,000 miles of lines and serving over 700,000 customers. The energy resources and production segment is responsible for the exploration, production, and storage of natural gas. NiSource is a major gas producer, operating production facilities in Indiana, Kentucky, and Pennsylvania, as well as storage facilities in Pennsylvania and New York. Products and services: NiSource offers a variety of products and services revolving around energy. The main products and services include gas and electricity supply, energy efficiency programs, renewable energy, and energy consulting. NiSource also offers special rates and programs for customers to help them reduce their energy consumption and save money. This includes rates for smart thermostats that automatically adjust heating and cooling to meet the customer's needs, as well as discounts and credits for customers who improve their energy efficiency. Conclusion: NiSource is a significant energy provider in the United States, offering a wide range of products and services related to energy. The company operates in various sectors, including gas and power distribution, energy resources and production, as well as management and operation of energy infrastructure. NiSource is a vertically integrated company that controls the production, distribution, and sale of energy to businesses and customers in the areas it serves. NiSource is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NiSource stock

EV/EBIT (Enterprise Value to EBIT) of NiSource is 12.17 in 2026.

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