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NiSource (NiSource) Enterprise Value

: $24,730 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NiSource's Enterprise Value is $24,730 Mil. NiSource's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,315 Mil. Therefore, NiSource's EV-to-EBIT ratio for today is 18.80.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NiSource's Enterprise Value is $24,730 Mil. NiSource's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2,223 Mil. Therefore, NiSource's EV-to-EBITDA ratio for today is 11.12.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NiSource's Enterprise Value is $24,730 Mil. NiSource's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $5,505 Mil. Therefore, NiSource's EV-to-Revenue ratio for today is 4.49.


NiSource Enterprise Value Historical Data

The historical data trend for NiSource's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NiSource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,073.77 19,783.77 22,971.92 24,448.56 26,113.29

NiSource Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,448.56 24,893.20 25,264.00 25,083.19 26,113.29

Competitive Comparison

For the Utilities - Regulated Gas subindustry, NiSource's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NiSource Enterprise Value Distribution

For the Utilities - Regulated industry and Utilities sector, NiSource's Enterprise Value distribution charts can be found below:

* The bar in red indicates where NiSource's Enterprise Value falls into.



NiSource Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

NiSource's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

NiSource's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NiSource  (NYSE:NI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

NiSource's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24729.622/1315.1
=18.80

NiSource's current Enterprise Value is $24,730 Mil.
NiSource's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,315 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

NiSource's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=24729.622/2223.3
=11.12

NiSource's current Enterprise Value is $24,730 Mil.
NiSource's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,223 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

NiSource's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=24729.622/5505.4
=4.49

NiSource's current Enterprise Value is $24,730 Mil.
NiSource's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,505 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NiSource Enterprise Value Related Terms

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NiSource (NiSource) Business Description

Traded in Other Exchanges
Address
801 East 86th Avenue, Merrillville, IN, USA, 46410
NiSource is one of the nation's largest natural gas distribution companies with approximately 3.2 million customers in Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. NiSource's electric utility transmits and distributes electricity in northern Indiana to about 500,000 customers. The regulated electric utility also owns more than 3,000 megawatts of generation capacity, including coal, natural gas, and renewable energy.
Executives
Michael E Jesanis director C/O NISOURCE INC., 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Lloyd M Yates director 1N 2ND ST, HARTSVILLE SC 29550
Melody Birmingham officer: EVP & Chief Innovation Officer 550 S. TRYON STREET, CHARLOTTE NC 28202
Donald Eugene Brown officer: Executive Vice President 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William Jr. Jefferson officer: EVP Operations & CSO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Kimberly S Cuccia officer: VP, Interim GC & Corp Sec 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Luhrs officer: EVP, Strategy & Risk & CCO P.O. BOX 14720, MADISON WI 53708-0720
Melanie B. Berman officer: SVP & CHRO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
William D Johnson director 77 BEALE ST, PO BOX 770000, SAN FRANCISCO CA 94177
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Eric L Butler director 1400 DOUGLAS STREET, STOP 1210, OMAHA NE 68179
Daniel A Creekmur officer: SVP & President, Gas Utilities 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Michael Hooper officer: SVP and President, NIPSCO 801 E. 86TH AVENUE, MERRILLVILLE IN 46410
Pablo Vegas officer: EVP & President Columbia Gas 801 E. 86TH AVENUE, MERRILLVILLE IN 46410

NiSource (NiSource) Headlines