NiSource Income Statement
NI / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
NiSource reported $6.5B in revenue and $930M in net income for FY2025. Revenue has grown at a 0.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5B | $5.3B | $4.7B | $4.5B | $5.1B | $5.0B | $5.1B | $5.0B | $4.9B | $4.5B | $4.7B | $5.3B | $4.6B | $5.0B | $5.8B |
| Cost of Revenue | - | - | - | - | - | - | $1.5B | $1.8B | $1.5B | $1.4B | $1.6B | $2.4B | $2.0B | $1.5B | $2.3B |
| Gross Profit | - | - | - | - | - | - | $1.9B | $5.1B | $4.9B | $4.5B | $4.7B | $2.9B | $2.7B | $3.5B | $3.4B |
| Operating Income | $1.8B | $1.5B | $1.0B | $550.8M | $890.7M | $124.7M | $890.7M | $124.7M | $921.2M | $866.1M | $799.9M | $789.1M | $698.1M | $1.0B | $914.4M |
| Interest Expense | - | - | $341.1M | $370.7M | $378.9M | $353.3M | $378.9M | $353.3M | $353.2M | $349.5M | $380.2M | $379.5M | $375.3M | $418.3M | $376.8M |
| Income Tax | $203.8M | $158.1M | $117.8M | -$17.1M | $123.5M | -$180.0M | $123.5M | -$180.0M | $314.5M | $182.1M | $141.3M | $166.8M | $108.6M | $214.7M | $166.7M |
| Net Income | $929.5M | $760.4M | $584.9M | -$17.6M | $383.1M | -$50.6M | $383.1M | -$50.6M | $128.5M | $331.5M | $286.5M | $530.0M | $532.1M | $416.1M | $299.1M |
| EPS (Basic) | $1.59 | $1.84 | $1.35 | -$0.19 | $0.88 | -$0.18 | $0.39 | $1.03 | $0.90 | $1.68 | $1.70 | $1.43 | $1.06 | $1.02 | $0.79 |
| EPS (Diluted) | $1.48 | $1.70 | $1.27 | -$0.19 | $0.87 | -$0.18 | $0.39 | $1.02 | $0.90 | $1.67 | $1.70 | $1.39 | $1.03 | $1.01 | $0.78 |
| Shares Outstanding | 469.8M | 447.4M | 412.1M | 405.3M | 391.8M | 382.1M | 372.4M | 337.0M | 323.2M | 319.1M | 316.0M | 313.7M | 310.3M | 281.9M | 278.9M |
| Gross Margin | - | - | - | - | - | - | 37.0% | 102.5% | 100.0% | 100.0% | 100.0% | 55.0% | 57.6% | 69.8% | 60.0% |
| Operating Margin | 28.1% | 27.6% | 21.3% | 12.3% | 17.6% | 2.5% | 17.6% | 2.5% | 18.9% | 19.3% | 17.2% | 15.0% | 15.1% | 20.7% | 15.9% |
| Profit Margin | 14.2% | 14.4% | 12.4% | -0.4% | 7.6% | -1.0% | 7.6% | -1.0% | 2.6% | 7.4% | 6.2% | 10.1% | 11.5% | 8.3% | 5.2% |