NiSource Inc Net Asset Quality Index

Latest as of June 2026: 31.7%

NiSource Inc net asset quality index. NiSource Inc (NI) has a Net Asset Quality Index of 31.7% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $37.54 Billion minus total liabilities of $25.64 Billion yields net assets of $11.90 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check NI cash flow quality score to evaluate the quality of earnings relative to operating cash generation.

Quality Index

31.7%
Equity / Total Assets

Net Assets

$11.90 Billion
USD

Total Assets

$37.54 Billion
USD

Total Liabilities

$25.64 Billion
USD

Net Asset Quality Index of NiSource Inc (1994–2025)

Net asset quality index of NiSource Inc from 1994 to 2025. This chart shows how NiSource Inc's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the index stands at 31.7%, representing net assets of $11.90 Billion against total assets of $37.54 Billion USD. See shareholders equity of NiSource Inc for net asset value and shareholders' equity analysis.

NiSource Inc Net Asset Quality Index by Year (1994–2025)

NiSource Inc net asset quality index by year from 1994 to 2025. The table below presents the year-by-year Net Asset Quality Index for NiSource Inc from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see NiSource Inc (NI) total market value.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 31.9% $11.66 Billion $36.55 Billion $24.89 Billion ▼ -1.7 pp
2024 33.6% $10.67 Billion $31.79 Billion $21.12 Billion ▲ +0.9 pp
2023 32.6% $10.14 Billion $31.08 Billion $20.94 Billion ▲ +3.1 pp
2022 29.6% $7.90 Billion $26.74 Billion $18.83 Billion ▼ -0.6 pp
2021 30.1% $7.27 Billion $24.16 Billion $16.88 Billion ▲ +3.6 pp
2020 26.5% $5.84 Billion $22.04 Billion $16.20 Billion ▲ +0.1 pp
2019 26.4% $5.99 Billion $22.66 Billion $16.67 Billion ▲ +0.0 pp
2018 26.4% $5.75 Billion $21.80 Billion $16.05 Billion ▲ +4.7 pp
2017 21.6% $4.32 Billion $19.96 Billion $15.64 Billion ▼ -0.1 pp
2016 21.8% $4.07 Billion $18.69 Billion $14.62 Billion ▼ -0.2 pp
2015 22.0% $3.84 Billion $17.49 Billion $13.65 Billion ▼ -2.9 pp
2014 24.8% $6.18 Billion $24.87 Billion $18.69 Billion ▼ -1.2 pp
2013 26.0% $5.89 Billion $22.65 Billion $16.77 Billion ▲ +0.6 pp
2012 25.4% $5.55 Billion $21.84 Billion $16.29 Billion ▲ +1.3 pp
2011 24.1% $5.00 Billion $20.71 Billion $15.71 Billion ▼ -0.6 pp
2010 24.7% $4.92 Billion $19.94 Billion $15.02 Billion ▼ -0.5 pp
2009 25.2% $4.85 Billion $19.27 Billion $14.42 Billion ▲ +1.6 pp
2008 23.6% $4.73 Billion $20.03 Billion $15.30 Billion ▼ -4.6 pp
2007 28.2% $5.08 Billion $18.00 Billion $12.93 Billion ▲ +0.6 pp
2006 27.6% $5.01 Billion $18.16 Billion $13.14 Billion ▼ -0.3 pp
2005 27.9% $5.01 Billion $17.96 Billion $12.94 Billion ▼ -0.7 pp
2004 28.7% $4.87 Billion $16.99 Billion $12.12 Billion ▲ +1.6 pp
2003 27.1% $4.50 Billion $16.62 Billion $12.13 Billion ▲ +1.8 pp
2002 25.2% $4.26 Billion $16.90 Billion $12.64 Billion ▲ +4.7 pp
2001 20.5% $3.56 Billion $17.37 Billion $13.82 Billion ▲ +2.5 pp
2000 18.0% $3.55 Billion $19.70 Billion $16.15 Billion ▼ -3.8 pp
1999 21.8% $1.49 Billion $6.84 Billion $5.34 Billion ▼ -4.1 pp
1998 25.9% $1.29 Billion $4.99 Billion $3.69 Billion ▼ -2.6 pp
1997 28.5% $1.41 Billion $4.94 Billion $3.53 Billion ▼ -0.5 pp
1996 29.1% $1.24 Billion $4.27 Billion $3.03 Billion ▼ -3.5 pp
1995 32.6% $1.30 Billion $4.00 Billion $2.70 Billion ▼ -0.3 pp
1994 32.8% $1.30 Billion $3.94 Billion $2.65 Billion —
pp = percentage points