NiSource

OverviewSuggest Edit

NiSource is an energy holding company which operates as a regulated natural gas and electric utility company. It operates through two segments, Gas Distribution Operations and Electric Operations. The Company provides natural gas service and transportation to residential, commercial, and industrial customers, generates, transmits, and distributes electricity, and provides wholesale and transmission transaction services. It also owns and operates three coal-fired electric generating stations, three gas-fired generating units, and two hydroelectric generating plants, as well as a combined cycle gas turbine plant.

TypePublic
Founded1912
HQMerrillville, USMap
Websitenisource.com
Employee Ratings3.6More
Culture scoreA+More
View Jobs (23)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)8,087(-1%)
Job Openings23
Revenue (FY, 2019)$5.1 B(+2%)
Share Price (May 2020)$23.8

Key People/Management at NiSource

Joe Hamrock

Joe Hamrock

President and Chief Executive Officer
Mark Kempic

Mark Kempic

President and Chief Operating Officer, Columbia Gas of Massachusetts
Carrie Hightman

Carrie Hightman

Executive Vice President and Chief Legal Officer, and Chief Executive Officer, Columbia Gas of Massachusetts
Carl Levander

Carl Levander

Executive Vice President, Federal Government Affairs & Policy
Joe Mulpas

Joe Mulpas

Vice President of Finance
Violet Sistovaris

Violet Sistovaris

Executive Vice President and President, NIPSCO
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NiSource Office Locations

NiSource has offices in Merrillville, Canonsburg, Chester, Columbus and in 2 other locations
Merrillville, US (HQ)
801 E 86th Ave
Canonsburg, US
121 Champion Way
Chester, US
1809 Coyote Dr
Columbus, US
290 W Nationwide Blvd
Lexington, US
2001 Mercer Rd
Westborough, US
4 Technology Dr
Show all (6)

NiSource Financials and Metrics

NiSource Revenue

NiSource's revenue was reported to be $5.05 b in FY, 2019
USD

Revenue (Q1, 2020)

1.6b

Net income (Q1, 2020)

75.6m

EBIT (Q1, 2020)

148.2m

Market capitalization (29-May-2020)

9.1b

Closing stock price (29-May-2020)

23.8

Cash (31-Mar-2020)

203.8m

EV

16.7b
NiSource's current market capitalization is $9.1 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.4b6.0b5.1b3.8b4.2b3.0b3.1b4.9b5.0b5.1b

Revenue growth, %

11%(29%)3%

Cost of goods sold

2.6b1.5b1.8b2.2b1.6b1.4b1.5b1.8b1.5b

Gross profit

3.5b3.5b2.0b2.0b1.4b1.7b3.4b3.2b3.5b
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

1.2b1.1b2.2b1.2b1.7b973.5m1.8b1.2b2.3b1.3b1.1b2.1b1.2b817.2m1.4b897.6m861.3m1.6b990.7m917.0m1.8b1.0b895.0m1.9b1.0b931.5m1.6b

Cost of goods sold

462.5m630.3m233.7m687.7m359.9m1.1b371.7m230.5m806.0m218.6m209.1m496.5m234.9m218.2m552.3m276.8m233.6m724.4m313.3m222.0m680.3m253.5m196.7m

Gross profit

765.8m1.0b739.8m1.1b852.4m1.3b963.4m893.4m1.3b950.4m608.1m940.1m662.7m643.1m1.0b713.9m683.4m1.0b693.7m673.0m1.2b756.9m734.8m

Gross profit Margin, %

62%62%76%62%70%54%72%79%63%81%74%65%74%75%65%72%75%59%69%75%64%75%79%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

9.2m11.5m36.3m26.8m25.4m15.5m26.4m29.0m112.8m139.3m

Accounts Receivable

1.1b854.8m907.3m1.0b1.1b660.0m847.0m898.9m1.1b856.9m

Prepaid Expenses

120.8m261.8m357.2m129.5m149.7m

Inventories

83.8m87.6m97.4m105.9m101.0m120.2m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

7.4m10.9m62.5m59.9m22.2m38.5m12.3m101.4m44.5m14.9m38.0m18.0m17.7m42.0m496.6m31.7m23.7m15.7m16.1m28.4m17.9m19.3m35.0m68.2m41.8m160.8m23.7m203.8m

Accounts Receivable

568.9m517.8m1.1b638.3m512.5m730.3m526.2m1.1b716.5m591.0m1.3b824.0m639.3m1.2b672.7m500.5m647.9m474.1m471.0m813.8m545.2m480.0m973.8m584.8m500.4m1.1b870.2m539.3m716.5m

Prepaid Expenses

118.6m103.0m119.7m100.4m119.7m277.4m280.8m228.1m224.4m246.1m321.1m320.9m103.6m187.3m133.2m75.9m133.5m89.8m64.1m139.1m91.3m65.8m155.5m109.1m89.7m144.2m103.1m85.4m

Inventories

99.4m94.6m84.4m87.0m87.0m89.8m99.7m111.4m114.9m99.9m104.8m106.0m106.4m109.0m112.4m84.2m94.8m102.6m100.1m97.5m96.7m102.3m104.3m99.9m97.7m107.3m111.9m115.1m130.9m
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

292.0m299.1m416.1m532.1m530.0m286.5m331.5m128.5m(50.6m)383.1m

Depreciation and Amortization

596.3m538.2m561.9m570.3m599.6m717.4m

Inventories

103.3m(141.8m)62.4m(9.2m)(119.9m)19.0m41.4m

Accounts Payable

37.7m(154.8m)57.3m67.8m37.6m49.0m(299.9m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

225.4m258.6m205.2m244.1m278.8m193.4m282.1m260.5m332.2m380.3m266.2m344.4m375.8m275.3m247.6m242.7m179.7m208.3m242.7m211.3m166.9m180.9m276.1m300.6m(38.9m)218.9m522.4m75.6m

Depreciation and Amortization

301.4m454.5m138.9m273.4m408.3m146.1m420.1m143.6m286.9m431.4m148.7m297.8m450.8m157.5m324.9m391.0m269.7m406.0m143.3m285.5m428.5m144.7m289.3m437.8m175.1m184.3m

Inventories

147.6m(32.8m)208.5m13.7m(171.4m)211.2m19.6m254.7m73.2m(103.7m)274.0m28.2m(170.8m)297.2m146.8m19.8m218.3m120.4m(700.0k)

Accounts Payable

(235.4m)(266.8m)(119.9m)(250.4m)(325.1m)(41.3m)(151.0m)25.4m(119.2m)(177.7m)126.5m(170.3m)(218.1m)(84.2m)(249.6m)(287.5m)(35.2m)(83.5m)(83.2m)
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USDY, 2020

EV/EBIT

113 x

EV/CFO

45.3 x

Financial Leverage

3.9 x
Show all financial metrics

NiSource Online and Social Media Presence

NiSource's Trends

Embed Graph

NiSource Company Culture

  • Overall Culture

    A+

    79/100

  • CEO Rating

    A+

    90/100

  • Compensation

    B

    70/100

Learn more on Comparably

NiSource News and Updates

March 03, 2020

WeissLaw LLP: NiSource Inc. is the Subject of a Legal Investigation

NEW YORK, March 3, 2020 /PRNewswire/ -- WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, California and Georgia, announces an investigation of NiSource Inc. (NYSE: NI) ("NiSource" or the "Company"). If you own NI shares and wish to discuss...
February 27, 2020

NiSource Reports 2019 Results

MERRILLVILLE, Ind., Feb. 26, 2020 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, a net loss to common shareholders for the three months ended December 31, 2019, of $153.0 million, or $0.41 per share, compared to a net loss to common shareholders of $19.8...
February 27, 2020

UPDATE 4-Utility operator NiSource to sell Massachusetts operations after gas explosions probe

Utility operator NiSource Inc on Wednesday agreed to sell its Massachusetts operations to Eversource Energy for $1.1 billion after striking a deal with prosecutors to resolve a probe into catastrophic gas explosions there in 2018.
February 27, 2020

NiSource Announces Sale of Columbia Gas of Massachusetts to Eversource

MERRILLVILLE, Ind., Feb. 26, 2020 /PRNewswire/ -- NiSource (NYSE: NI) today announced that it has entered into a definitive agreement under which Eversource Energy (NYSE: ES) will acquire Columbia Gas of Massachusetts' business. Eversource is New England's largest energy delivery company...
October 30, 2019

NiSource Reports Third Quarter 2019 Results

MERRILLVILLE, Ind., Oct. 30, 2019 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, a net loss to common shareholders for the three months ended September 30, 2019, of $7.2 million, or $0.02 per share, compared to a net loss to common shareholders of $345.1...
October 11, 2019

NiSource Named to 2019 Dow Jones Sustainability Index

MERRILLVILLE, Ind., Oct. 11, 2019 /PRNewswire/ -- NiSource Inc. (NYSE: NI) was named to the Dow Jones Sustainability Index (DJSI) - North America in recognition of the company's sustainable business practices and performance for the sixth consecutive year. NiSource is one of three U.S....
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 NiSource Frequently Asked Questions

  • When was NiSource founded?

    NiSource was founded in 1912.

  • Who are NiSource key executives?

    NiSource's key executives are Joe Hamrock, Mark Kempic and Carrie Hightman.

  • How many employees does NiSource have?

    NiSource has 8,087 employees.

  • What is NiSource revenue?

    Latest NiSource annual revenue is $5.1 b.

  • What is NiSource revenue per employee?

    Latest NiSource revenue per employee is $624.9 k.

  • Who are NiSource competitors?

    Competitors of NiSource include Fortum, Con Edison and PGE Polska Grupa Energetyczna.

  • Where is NiSource headquarters?

    NiSource headquarters is located at 801 E 86th Ave, Merrillville.

  • Where are NiSource offices?

    NiSource has offices in Merrillville, Canonsburg, Chester, Columbus and in 2 other locations.

  • How many offices does NiSource have?

    NiSource has 6 offices.