Company / Tangible Book Value per Share
NiSource Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$16.95
FY2025
5-year range
$13.94 / $16.95
FY2021-FY2025
Trend
+5.4%
vs FY2024
Sector context
#52 of 68
Utilities
What the data says
NiSource's tangible book value per share of $16.95 is lower than 76% of companies in the Utilities sector (FY2025). Tangible Book Value per Share has fluctuated over the past 10 years, ranging from $7.46 in FY2016 to $16.95 in FY2025.
Based on SEC 10-K filings.
16.95 in FY2025 with a 5-year CAGR of +8.7%.
Improved from $16.46 to $16.95 over the past 2 years.
Utilities sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- +4.1%
- 5-Year CAGR
- +8.7%
- 10-Year CAGR
- -
Sector benchmark
-47.8% below sector average
Key checks
Key Insights
- In FY2025, tangible book value per share increased 5.4% year-over-year.
- Ranks #52 out of 68 companies in the Utilities sector.
- Lowest tangible book value per share 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 | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.95 | +5.4% |
| FY2024 | $16.09 | -2.2% |
| FY2023 | $16.46 | +9.6% |
| FY2022 | $15.02 | +7.8% |
| FY2021 | $13.94 | +24.9% |
| FY2020 | $11.16 | -7.6% |
| FY2019 | $12.09 | +0.3% |
| FY2018 | $12.05 | +48.1% |
| FY2017 | $8.14 | +9.1% |
| FY2016 | $7.46 | +9.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026