Company / Return on Equity (ROE)
NiSource Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
9.8%
FY2025
5-year range
-0.2% / 9.8%
FY2021-FY2025
Trend
+12.3%
vs FY2024
Sector context
#27 of 68
Utilities
What the data says
At 9.8%, NiSource's return on equity (roe) ranks #27 of 68 in the Utilities sector. Return on Equity (ROE) has increased for 3 consecutive years, from -0.2% in FY2022 to 9.8% in FY2025.
Based on SEC 10-K filings.
9.8% in FY2025 with a 5-year CAGR of +10.7%.
Improved from 7.1% to 9.8% over the past 2 years.
Utilities sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- +10.1pp
- 5-Year Change
- +10.7pp
- 10-Year Change
- -
Sector benchmark
#27 of 68 in UtilitiesTop 40% of 68This company 9.8% Sector average 3.5%
▼
+177.8% above sector average
Key checks
Key Insights
- NiSource's return on equity (roe) has grown for 3 consecutive years.
- In FY2025, return on equity (roe) increased 12.3% year-over-year.
- Currently 6.3pp above the Utilities sector average.
- Lowest return on equity (roe) in the period was in FY2020.
Company context
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.
Annual data
| Year | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 9.8% | +12.3% |
| FY2024 | 8.8% | +23.9% |
| FY2023 | 7.1% | +3173.9% |
| FY2022 | -0.2% | -104.2% |
| FY2021 | 5.5% | +726.1% |
| FY2020 | -0.9% | -113.8% |
| FY2019 | 6.4% | +827.3% |
| FY2018 | -0.9% | -129.6% |
| FY2017 | 3.0% | -63.5% |
| FY2016 | 8.1% | +9.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026