NiSource Inc. (NI) capitalization

Current snapshot

Market Cap
$22.25B
478.4M shares × $46.50
Net Worth
$9.45B
Stockholders' equity · 2025-12-31
Enterprise Value
$39.10B
Market cap + debt − cash
Net Debt
$16.85B
Debt $16.96B − Cash $110.1M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $19.82B
FY'24 2024-12-31 $16.76B
FY'23 2023-12-31 $11.89B
FY'22 2022-12-31 $12.14B
FY'21 2021-12-31 $11.52B
FY'20 2020-12-31 $8.82B
FY'19 2019-12-31 $10.47B
FY'18 2018-12-31 $9.04B
FY'17 2017-12-31 $8.49B
FY'16 2016-12-31 $7.16B
FY'15 2015-12-31 $6.24B
FY'14 2014-12-31 $13.43B
FY'13 2013-12-31 $10.31B
FY'12 2012-12-31 $7.48B
FY'11 2011-12-31 $6.87B
FY'10 2010-12-31 $4.94B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $19.98B
Q3'25 2025-09-30 $20.51B
Q2'25 2025-06-30 $19.04B
Q1'25 2025-03-31 $18.94B
Q4'24 2024-12-31 $17.27B
Q3'24 2024-09-30 $15.75B
Q2'24 2024-06-30 $12.97B
Q1'24 2024-03-31 $12.43B
Q4'23 2023-12-31 $11.88B
Q3'23 2023-09-30 $11.06B
Q2'23 2023-06-30 $12.22B
Q1'23 2023-03-31 $12.50B
Q4'22 2022-12-31 $11.30B
Q3'22 2022-09-30 $11.17B
Q2'22 2022-06-30 $12.98B
Q1'22 2022-03-31 $14.04B
Q4'21 2021-12-31 $11.19B
Q3'21 2021-09-30 $10.43B
Q2'21 2021-06-30 $10.36B
Q1'21 2021-03-31 $9.50B
Q4'20 2020-12-31 $8.99B
Q3'20 2020-09-30 $8.44B
Q2'20 2020-06-30 $8.72B
Q1'20 2020-03-31 $9.59B
Q4'19 2019-12-31 $10.64B
Q3'19 2019-09-30 $11.19B
Q2'19 2019-06-30 $10.81B
Q1'19 2019-03-31 $10.74B
Q4'18 2018-12-31 $9.44B
Q3'18 2018-09-30 $9.07B
Q2'18 2018-06-30 $9.33B
Q1'18 2018-03-31 $8.11B
Q4'17 2017-12-31 $8.65B
Q3'17 2017-09-30 $8.51B
Q2'17 2017-06-30 $8.24B
Q1'17 2017-03-31 $7.74B
Q4'16 2016-12-31 $7.15B
Q3'16 2016-09-30 $7.81B
Q2'16 2016-06-30 $8.57B
Q1'16 2016-03-31 $7.60B
Q4'15 2015-12-31 $6.23B
Q3'15 2015-09-30 $5.96B
Q2'15 2015-06-30 $14.47B
Q1'15 2015-03-31 $14.02B
Q4'14 2014-12-31 $13.41B
Q3'14 2014-09-30 $12.93B
Q2'14 2014-06-30 $12.44B
Q1'14 2014-03-31 $11.20B
Q4'13 2013-12-31 $10.31B
Q3'13 2013-09-30 $9.69B
Q2'13 2013-06-30 $8.97B
Q1'13 2013-03-31 $9.16B
Q4'12 2012-12-31 $7.72B
Q3'12 2012-09-30 $7.64B
Q2'12 2012-06-30 $7.32B
Q1'12 2012-03-31 $7.14B
Q4'11 2011-12-31 $6.71B
Q3'11 2011-09-30 $6.18B
Q2'11 2011-06-30 $5.81B
Q1'11 2011-03-31 $5.47B
Q4'10 2010-12-31 $4.91B
Q3'10 2010-09-30 $4.87B
Q2'10 2010-06-30 $4.04B
Q1'11 2010-03-31 $4.38B
Q2'10 2009-12-31 $4.24B
Q3'10 2009-09-30 $3.83B
Q2'10 2009-06-30 $3.20B
Q2'10 2008-12-31 $3.02B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (NI CIK 0001111711), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.