NiSource Historical Income Statement
| NI Stock | USD 27.40 0.25 0.92% |
Historical analysis of NiSource income statement accounts such as Operating Income of 820.1 M, EBIT of 821.2 M or Ebitda of 1.6 B can show how well NiSource performed in making a profits. Evaluating NiSource income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NiSource's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining NiSource latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NiSource is a good buy for the upcoming year.
NiSource |
About NiSource Income Statement Analysis
NiSource Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NiSource shareholders. The income statement also shows NiSource investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
NiSource Income Statement Chart
NiSource Income Statement is one of the three primary financial statements used for reporting NiSource's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NiSource revenue and expense. NiSource Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B. Add Fundamental
Total Revenue
Total revenue comprises all receipts NiSource generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of NiSource minus its cost of goods sold. It is profit before NiSource operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from NiSource operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of NiSource is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from NiSource's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NiSource current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.As of now, NiSource's Other Operating Expenses is increasing as compared to previous years. The NiSource's current Cost Of Revenue is estimated to increase to about 3.9 B, while Total Revenue is projected to decrease to under 5 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.1B | 2.3B | 2.5B | 3.5B | Total Revenue | 4.9B | 5.9B | 5.5B | 5.0B |
NiSource income statement Correlations
Click cells to compare fundamentals
NiSource Account Relationship Matchups
High Positive Relationship
High Negative Relationship
NiSource income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 371M | 361.9M | 332.4M | 360.5M | 501.2M | 526.3M | |
| Total Revenue | 5.2B | 4.7B | 4.9B | 5.9B | 5.5B | 5.0B | |
| Gross Profit | 2.3B | 2.0B | 2.1B | 2.3B | 2.5B | 3.5B | |
| Operating Income | 1.3B | 976.3M | 1.0B | 1.3B | 1.3B | 820.1M | |
| Ebit | 1.3B | 976.3M | 1.0B | 1.3B | 1.3B | 821.2M | |
| Ebitda | 2.0B | 1.7B | 1.8B | 2.0B | 2.2B | 1.6B | |
| Net Income | 383.1M | (14.2M) | 584.9M | 804.1M | 714.3M | 750.0M | |
| Income Tax Expense | 123.5M | (17.1M) | 117.8M | 164.6M | 139.5M | 101.2M | |
| Depreciation And Amortization | 717.4M | 725.9M | 786.6M | 747M | 908.2M | 584.5M | |
| Other Operating Expenses | 3.9B | 3.7B | 3.9B | 4.7B | 4.2B | 5.0B | |
| Cost Of Revenue | 2.9B | 2.7B | 2.8B | 3.6B | 3.0B | 3.9B | |
| Total Operating Expenses | 1.0B | 1.0B | 1.0B | 1.1B | 1.2B | 2.2B | |
| Income Before Tax | 506.6M | (31.3M) | 706.6M | 956.4M | 813.9M | 507.1M | |
| Total Other Income Expense Net | (782.6M) | (1.0B) | (300.3M) | (309.4M) | (3.9M) | (4.1M) | |
| Net Income Applicable To Common Shares | 328M | (72.7M) | 529.8M | 749M | 861.4M | 904.4M | |
| Selling General Administrative | 3.2B | 20.3M | 15.6M | 10.4M | 9.4M | 8.9M | |
| Net Income From Continuing Ops | 383.1M | (14.2M) | 588.8M | 791.8M | 674.4M | 402.4M | |
| Non Operating Income Net Other | (5.2M) | (211.4M) | 40.8M | 52.2M | 60.0M | 63.0M | |
| Tax Provision | 123.5M | (17.1M) | 117.8M | 164.6M | 139.5M | 87.7M | |
| Interest Income | 7.7M | 356.4M | 4M | 4.3M | 9M | 8.6M | |
| Net Interest Income | (363.2M) | (355.3M) | (337.1M) | (357.3M) | (480.6M) | (504.6M) | |
| Reconciled Depreciation | 717.4M | 725.9M | 748.4M | 820.8M | 908.2M | 800.0M |
NiSource Investors Sentiment
The influence of NiSource's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NiSource. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to NiSource's public news can be used to forecast risks associated with an investment in NiSource. The trend in average sentiment can be used to explain how an investor holding NiSource can time the market purely based on public headlines and social activities around NiSource. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
NiSource's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NiSource's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NiSource's news discussions. The higher the estimated score, the more favorable is the investor's outlook on NiSource.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NiSource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NiSource's short interest history, or implied volatility extrapolated from NiSource options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for NiSource Stock analysis
When running NiSource's price analysis, check to measure NiSource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NiSource is operating at the current time. Most of NiSource's value examination focuses on studying past and present price action to predict the probability of NiSource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NiSource's price. Additionally, you may evaluate how the addition of NiSource to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |
Is NiSource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 1.015 | Earnings Share 1.48 | Revenue Per Share 13.231 | Quarterly Revenue Growth (0.17) |
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.