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NiSource NI Number Of Customers

Number Of Customers at other companies

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Target Hospitality logo
Target HospitalityTH
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DaVitaDVA
23.6K
WEC Energy Group logo
WEC Energy GroupWEC
1.7M0.0%
Pure Cycle logo
Pure CyclePCYO
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Fulgent Genetics, Inc. logo
Fulgent Genetics, Inc.FLGT
10.0%

Other financials

Income statement

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Revenue$1.3B+3.4%
Gross profit$1.1B+11.3%
Operating income$228.1M-13.2%
Net income$45.5M-55.5%
EPS (diluted)$0.09-59.1%

Balance sheet

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Cash & equivalents$70.0M-79.1%
Total debt$16.3B+12.6%
Total equity$9.6B+7.8%
Total assets$37.5B+10.3%

Cash flow

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Operating cash flow$680.4M+37.3%
CapEx$1.1B+66.7%
Free cash flow-$417.0M-156%

Valuation

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Market cap$20.57B+4.4%
Enterprise value$36.81B+8.8%
P/E22.7×+0.5×
P/S1.8×-0.2×

Profitability

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Gross margin45.7%+0.2pp
Operating margin16.4%-0.6pp
Net margin8%-1.1pp
FCF margin-9.5%+8.9pp

Returns & leverage

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Return on equity9.8%-0.8pp
Debt / equity1.7×+0.1×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept nix:NumberOfCustomers.

The source filing: NiSource’s 10-K, filed February 11, 2026.

Filed
Feb 11, 2026, 6:37 AM EST
Fiscal year
FY2025
Accession
0001111711-26-000027

A. Company Structure and Principles of Consolidation. We are an energy holding company incorporated in Delaware and headquartered in Merrillville, Indiana. Our subsidiaries are fully regulated natural gas and electric utility companies serving approximately 3.8 million customers in six states. We generate substantially all of our operating income through these rate-regulated businesses. The consolidated financial statements include the accounts of us, our majority-owned subsidiaries, and VIEs of which we are the primary beneficiary after the elimination of all intercompany accounts and transactions.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA (continued)

FAQ

What is NiSource's number of customers?
NiSource (NI) reported number of customers of $950K in Q4 2025.
How has NiSource's number of customers changed year-over-year?
NiSource's number of customers decreased by 0.0% year-over-year, from $950K to $950K.
What is the long-term trend for NiSource's number of customers?
Over 4 years (2021 to 2025), NiSource's number of customers has grown at a 0.7% compound annual growth rate (CAGR), from $3.7M to $3.8M.
What does number of customers mean?
Number Of Customers as reported by NiSource Inc..

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