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NiSource NI Shares (Diluted)

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Other financials

Income statement

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Revenue$2.3B+8.0%
Gross profit$1.7B+10.1%
Operating income$819.2M+7.9%
Net income$507.1M+6.8%
EPS (diluted)$1.06+6.0%

Balance sheet

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Cash & equivalents$71.9M-72.3%
Total debt$16.7B+23.1%
Total equity$9.7B+8.6%
Total assets$36.6B+10.6%

Cash flow

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Operating cash flow$442.3M-35.6%
CapEx$805.2M+26.3%
Free cash flow-$362.9M-839%

Valuation

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Market cap$21.3B+4.4%
Enterprise value$37.98B+10.0%
P/E22.2×-0.9×
P/S1.9×-0.2×

Profitability

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Gross margin44.9%-0.7pp
Operating margin16.7%-0.3pp
Net margin8.5%-0.6pp
FCF margin-7.3%+0.7pp

Returns & leverage

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Return on equity10.4%0.0pp
Debt / equity1.7×+0.2×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: NiSource’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 6:42 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001111711-26-000045
(in millions, except per share amounts)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Net Income Attributable to NiSource507.1474.8
Preferred dividends redemption premium3.6
Net Income Available to Common Shareholders$510.7$474.8
Earnings Per Share
Basic Earnings Per Share$1.06$1.01
Diluted Earnings Per Share$1.06$1.00
Basic Average Common Shares Outstanding479.0470.4
Diluted Average Common Shares480.9472.5

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is NiSource's shares (diluted)?
NiSource (NI) reported shares (diluted) of 480.9M in Q1 2026.
How has NiSource's shares (diluted) changed year-over-year?
NiSource's shares (diluted) increased by 1.8% year-over-year, from 472.5M to 480.9M.
What is the long-term trend for NiSource's shares (diluted)?
Over 4 years (2021 to 2025), NiSource's shares (diluted) has grown at a 3.3% compound annual growth rate (CAGR), from 1.7B to 1.9B.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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