Nisource
Nisource returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Pretax income is unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Pretax income is unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Pretax income is unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 5.84% | — | 9.85% | 2.53% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 6.14% | — | 10.41% | 2.76% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 6.11% | — | 10.25% | 2.75% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 5.97% | — | 10.26% | 2.75% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 5.71% | — | 10.59% | 2.77% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 5.92% | — | 10.36% | 2.79% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 5.44% | — | 8.73% | 2.42% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 5.52% | — | 9.53% | 2.64% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 5.59% | — | 9.71% | 2.7% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 5.48% | — | 8.82% | 2.66% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 5.41% | — | 8.35% | 2.47% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 5.76% | — | 9.26% | 2.7% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 5.43% | — | 8.88% | 2.69% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 5.35% | — | 8.81% | 2.77% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 5.82% | — | 10.31% | 3.16% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 5.62% | — | 9.79% | 3% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 5.54% | — | 9.72% | 3.07% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 5.63% | — | 10.07% | 3.08% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 4.89% | — | 8.34% | 2.53% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 4.73% | — | 7.52% | 2.21% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 4.45% | — | 3.48% | 1.19% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 4.36% | — | 2.52% | 0.9% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 2.85% | — | -1.24% | -0.08% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | 1.55% | — | -5.26% | -1.08% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 1.57% | — | -2.01% | -0.28% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 3.66% | — | 3.21% | 1.08% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 4.86% | — | 5.59% | 1.72% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 4.71% | — | 8.45% | 2.38% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 2.47% | — | 2.16% | 0.78% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 0.57% | — | -2.66% | -0.51% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 0.72% | — | -1.3% | -0.24% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 2.78% | — | -2.08% | -0.46% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 5.26% | — | 5.44% | 1.34% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 5.62% | — | 4.45% | 1% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 5.69% | — | 3.06% | 0.66% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 5.43% | — | 6.6% | 1.44% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 5.68% | — | 7.13% | 1.55% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 5.97% | — | 8.83% | 1.97% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | 5.71% | — | 8.38% | 1.83% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | 5.66% | — | 7.75% | 1.68% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 4.47% | — | 5.09% | 1.22% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 4.72% | — | 3.81% | 0.93% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | 4.48% | — | 5.72% | 1.35% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | 6.49% | — | 7.78% | 1.87% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 5.61% | — | 6.66% | 1.71% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 6.01% | — | 8.49% | 2.22% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 6.25% | — | 8.79% | 2.23% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 6.32% | — | 9.01% | 2.3% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 6.47% | — | 9.28% | 2.43% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 6.49% | — | 9.19% | 2.4% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 6.01% | — | 9.3% | 2.39% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 5.94% | — | 9.26% | 2.4% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 5.71% | — | 8.98% | 2.31% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 6.11% | — | 8.97% | 2.3% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 5.86% | — | 7.89% | 1.96% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 5.33% | — | 5.71% | 1.46% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 5.45% | — | 6.18% | 1.57% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 5.41% | — | 5.58% | 1.41% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 5.43% | — | 6.03% | 1.47% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 5.81% | — | 6.3% | 1.58% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 5.67% | — | 6.25% | 1.61% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 4.4%, rounded from the Utility · General benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · NI, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.