Skip to content
Screener

NiSource NI Increase (Decrease) in Effective Tax Rate

Increase (Decrease) in Effective Tax Rate at other companies

RE/MAX Holdings logo
RE/MAX HoldingsRMAX
$0.010.0%
RE/MAX Holdings logo
RE/MAX HoldingsRMAX
1%0.0pp
Charles River Laboratories logo
Charles River LaboratoriesCRL
$100K-92.3%
APO
Apogee EnterprisesAPOG
5.7%+4.2pp
StepStone Group Inc. logo
StepStone Group Inc.STEP
-$37.5K-104%
StepStone Group Inc. logo
StepStone Group Inc.STEP
-$37.5K-104%

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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:IncreaseDecreaseinEffectiveTaxRate.

The source filing: NiSource’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 6:38 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001111711-26-000088

The increase in the three month effective tax rate of 2.6% in 2026 compared to 2025 is primarily driven by lower federal investment and production tax credits net of pass back and decreased amortization of excess deferred income taxes, partially offset by a decrease in state tax expense and higher AFUDC equity.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is NiSource's increase (decrease) in effective tax rate?
NiSource (NI) reported increase (decrease) in effective tax rate of 2.6% in Q2 2026.
How has NiSource's increase (decrease) in effective tax rate changed year-over-year?
NiSource's increase (decrease) in effective tax rate decreased by 42.2% year-over-year, from 4.5% to 2.6%.
What does increase (decrease) in effective tax rate mean?
Increase (Decrease) in Effective Tax Rate as reported by NiSource Inc..

Ask your AI about NiSource's increase (decrease) in effective tax rate.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude