Company / Shares Outstanding
NiSource Shares Outstanding History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shares Outstanding
469.8M
FY2025
5-year range
391.8M / 469.8M
FY2021-FY2025
Trend
+5.0%
vs FY2024
Sector context
#17 of 69
Utilities
What the data says
NiSource's shares outstanding of 469822472.00 is higher than 75% of companies in the Utilities sector (FY2025). Shares Outstanding has increased for 9 consecutive years, from 319110083.00 in FY2016 to 469822472.00 in FY2025.
Based on SEC 10-K filings.
469822472.00 in FY2025 with a 5-year CAGR of +4.2%. Top quartile in the Utilities sector.
Increased from 412142602.00 to 469822472.00 over the past 2 years.
Utilities sector context is included.
Shares Outstanding over time
Growth rates
- 3-Year CAGR
- +5.0%
- 5-Year CAGR
- +4.2%
- 10-Year CAGR
- -
Sector benchmark
+27.0% above sector average
Key checks
Key Insights
- NiSource's shares outstanding has grown for 9 consecutive years.
- In FY2025, shares outstanding increased 5.0% year-over-year.
- Ranks #17 out of 69 companies in the Utilities sector.
- Lowest shares outstanding in the period was in FY2016.
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 | Shares OutstandingValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 469.8M | +5.0% |
| FY2024 | 447.4M | +8.6% |
| FY2023 | 412.1M | +1.7% |
| FY2022 | 405.3M | +3.5% |
| FY2021 | 391.8M | +2.5% |
| FY2020 | 382.1M | +2.6% |
| FY2019 | 372.4M | +10.5% |
| FY2018 | 337.0M | +4.3% |
| FY2017 | 323.2M | +1.3% |
| FY2016 | 319.1M | +1.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026