NiSource

Energy & Utilities electricity natural gas suppliers

NiSource helps energize the lives of its nearly 4 million natural gas and electric customers across seven states. Our local utilities – Columbia Gas and NIPSCO – ensure that customers receive safe, reliable and affordable natural gas and electric service each and every day. Our business plan is focused on proactively investing in our energy infrastructure – approximately $1.4 billion a year – to ensure we meet and improve upon our customer commitments for the next 100 years.

Revenue(FY, 2016)

$3.1 B

Market capitalization(2017-08-18)

$8.7 B

Company Growth (employees)

Type

Public

Merrillville, US

Founded

1912

Size (employees)

8,000 (est)

Website

nisource.com

NiSource was founded in 1912 and is headquartered in Merrillville, US

Key People at NiSource

Joseph Hamrock

President and Chief Executive Officer

Jim Stanley

Chief Operating Officer

Carrie Hightman

Executive Vice President and Chief Legal Officer

Joe Mulpas

Vice President and Chief Accounting Officer

Shawn Anderson

Treasurer and Chief Risk Officer

Donald Brown

Executive Vice President and Chief Financial Officer

NiSource Office Locations

NiSource has an office in Merrillville

Merrillville, US (HQ)

801 E 86th Ave

NiSource Data and Metrics

NiSource Financial Metrics

NiSource's revenue was reported to be $3.1 b in FY, 2016 which is a 3% increase from the previous period.

Summary

USD

NiSource's current market capitalization is $8.7 b.

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	3.8 b	4.2 b	3 b	3.1 b
Revenue growth, %		11%	(29%)	3%
Cost of goods sold	1.8 b	2.2 b	1.6 b	1.4 b
Gross profit	2 b	2 b	1.4 b	1.7 b
Gross profit Margin, %	53%	48%	45%	55%
Operating expense total	2.7 b	3 b	2.2 b	2.2 b
EBIT	1.1 b	1.3 b	799.9 m	858.2 m
EBIT margin, %	30%	30%	27%	28%
Interest expense	(414.8 m)	(443.6 m)	380.2 m	349.5 m
Interest income			380.2 m	349.5 m
Pre tax profit	752.8 m	841.1 m	339.9 m	510.2 m
Income tax expense	261.9 m	310.4 m	141.3 m	182.1 m
Net Income	532.1 m	530 m	286.5 m	331.5 m

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	26.8 m	25.4 m	15.5 m	26.4 m
Accounts Receivable	1 b	1.1 b	660 m	847 m
Current Assets	2.2 b	2.5 b	1.6 b	1.8 b
PP&E	14 b	15.7 b	12.1 b	12.8 b
Goodwill	3.7 b	3.7 b	1.7 b	1.7 b
Total Assets	22.7 b	24.9 b	17.5 b	18.7 b
Accounts Payable	619 m	670.6 m	433.4 m	539.4 m
Total Debt	542.1 m	266.6 m	433.7 m	363.1 m
Current Liabilities	3.2 b	4 b	2.7 b	3.5 b
Additional Paid-in Capital	4.7 b	4.8 b	5.1 b	5.2 b
Retained Earnings	1.3 b	1.5 b	(1.1 b)	(972.2 m)
Debt to Assets Ratio	0 x	0 x	0 x	0 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	532.1 m	530 m	286.5 m	331.5 m
Accounts Receivable	(94.8 m)	(63.1 m)
Inventories	(9.2 m)	(119.9 m)
Accounts Payable	67.8 m	37.6 m
Cash From Operating Activities	1.4 b	1.3 b
Capital Expenditures	(1.9 b)	(2 b)
Cash From Financing Activities		795.6 m
Free Cash Flow	3.3 b	3.3 b