D vs. NI: Dominion Energy vs. NiSource Stock Comparison

November 11, 2026

How do Dominion Energy (D) and NiSource (NI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Dominion Energy (D) and NiSource (NI) are both classified in the Multi-Utilities sub-industry within the broader Multi-Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Dominion Energy (D) and NiSource (NI)
Profile Item	D	NI
Name	Dominion Energy, Inc.	NiSource Inc.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Multi-Utilities	Multi-Utilities
GICS Sub-Industry	Multi-Utilities	Multi-Utilities
Market Capitalization	60.34 billion USD	21.18 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

GSPC

Dominion Energy (D) vs. NiSource (NI), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Dominion Energy (D) and NiSource (NI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dominion Energy (D) and NiSource (NI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Total Return (1Y)	16.61%	6.11%
Total Return (3Y, Annualized)	20.91%	25.66%
Total Return (5Y, Annualized)	2.95%	16.11%

Risk Profile

Drawdown History

GSPC

Dominion Energy (D) vs. NiSource (NI), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Dominion Energy (D) and NiSource (NI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Volatility (1Y, Annualized)	21.38%	18.23%
Beta (5Y)	0.60	0.53
Max Drawdown (5Y)	-52.20%	-24.76%
Avg. Volume (3M)	4.42M	5.64M

Risk-Adjusted Performance

Risk-Return Positioning

D and NI are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Sharpe Ratio (1Y)	0.58	0.10
Sortino Ratio (1Y)	0.94	0.14

Profitability

ROE (TTM)

Both Dominion Energy (D) at 8.82% and NiSource (NI) at 8.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

D

Utilities industry group

8.82%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
D: 8.82%
Q1: 7.56%
Min: 2.17%

NI

Utilities industry group

8.71%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
NI: 8.71%
Q1: 7.56%
Min: 2.17%

Dominion Energy (D) vs. NiSource (NI): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Dominion Energy (D) at 13.99% and NiSource (NI) at 13.51% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

D

Utilities industry group

13.99%

Max: 28.78%
Q3: 17.30%
D: 13.99%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

NI

Utilities industry group

13.51%

Max: 28.78%
Q3: 17.30%
NI: 13.51%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

Dominion Energy (D) vs. NiSource (NI): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Dominion Energy (D) at 35.07% operates in the top operating margin quartile, ahead of NiSource (NI) at 25.20%, which runs around its industry’s norm.

D

Utilities industry group

35.07%

Max: 53.83%
D: 35.07%
Q3: 31.12%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

NI

Utilities industry group

25.20%

Max: 53.83%
Q3: 31.12%
NI: 25.20%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

Dominion Energy (D) vs. NiSource (NI): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
ROE (TTM)	8.82%	8.71%
ROA (TTM)	3.17%	3.25%
Net Margin (TTM)	13.99%	13.51%
Operating Margin (TTM)	35.07%	25.20%
Gross Margin (TTM)	46.51%	50.92%

Growth

Revenue Growth

Both Dominion Energy (D) at 14.16% and NiSource (NI) at 21.76% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

Dominion Energy (D) vs. NiSource (NI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Dominion Energy (D) at 39.78% and NiSource (NI) at 20.37% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

Dominion Energy (D) vs. NiSource (NI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Revenue Growth (YoY)	14.16%	21.76%
Revenue Growth (3Y CAGR)	5.80%	4.32%
EPS Growth (YoY)	39.78%	20.37%
EPS Growth (3Y CAGR)	46.26%	4.68%

Financial Strength

Current Ratio (MRQ)

Dominion Energy (D) at 0.88 keeps current ratio within its industry’s typical mid-range, while NiSource (NI) at 0.50 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NI.

D

Utilities industry group

0.88

Max: 1.90
Q3: 1.17
Median: 0.88
D: 0.88
Q1: 0.66
Min: 0.29

NI

Utilities industry group

0.50

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
NI: 0.50
Min: 0.29

Dominion Energy (D) vs. NiSource (NI): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both Dominion Energy (D) at 1.62 and NiSource (NI) at 1.53 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

D

Utilities industry group

1.62

Max: 2.63
Q3: 1.77
D: 1.62
Median: 1.35
Q1: 0.84
Min: 0.00

NI

Utilities industry group

1.53

Max: 2.63
Q3: 1.77
NI: 1.53
Median: 1.35
Q1: 0.84
Min: 0.00

Dominion Energy (D) vs. NiSource (NI): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Current Ratio (MRQ)	0.88	0.50
Debt / Equity (MRQ)	1.62	1.53
Net Debt / EBITDA	6.21	5.87

Dividends

Dividend Yield (TTM)

Dominion Energy (D) at 3.83% delivers top-quartile income for its industry, while NiSource (NI) at 0.68% pays a more typical yield — both are credible income propositions, D the richer one.

D

Utilities industry group

3.83%

Max: 6.66%
D: 3.83%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

NI

Utilities industry group

0.68%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
NI: 0.68%
Q1: 0.66%
Min: 0.00%

Dominion Energy (D) vs. NiSource (NI): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

NiSource (NI) at 60.51% pays out a band-typical share of earnings, while Dominion Energy (D) at 88.12% distributes more than its industry norm — less retained, thinner cover.

D

Utilities industry group

88.12%

Max: 113.04%
D: 88.12%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

NI

Utilities industry group

60.51%

Max: 113.04%
Q3: 68.72%
NI: 60.51%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

Dominion Energy (D) vs. NiSource (NI): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
Dividend Yield (TTM)	3.83%	0.68%
Dividend Payout Ratio (TTM)	88.12%	60.51%

Valuation

P/E Ratio (TTM)

Both Dominion Energy (D) at 22.64 and NiSource (NI) at 22.64 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

D

Utilities industry group

22.64

Max: 31.22
Q3: 23.30
D: 22.64
Median: 19.64
Q1: 15.17
Min: 3.34

NI

Utilities industry group

22.64

Max: 31.22
Q3: 23.30
NI: 22.64
Median: 19.64
Q1: 15.17
Min: 3.34

Dominion Energy (D) vs. NiSource (NI): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Dominion Energy (D) at 3.14 and NiSource (NI) at 3.04 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

D

Utilities industry group

3.14

Max: 6.35
Q3: 3.63
D: 3.14
Median: 2.63
Q1: 1.52
Min: 0.00

NI

Utilities industry group

3.04

Max: 6.35
Q3: 3.63
NI: 3.04
Median: 2.63
Q1: 1.52
Min: 0.00

Dominion Energy (D) vs. NiSource (NI): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Dominion Energy (D) at 2.11 and NiSource (NI) at 2.21 are valued close to their industries’ norm against book — neither stands out from peers.

D

Utilities industry group

2.11

Max: 3.12
Q3: 2.21
D: 2.11
Median: 1.83
Q1: 1.46
Min: 0.34

NI

Utilities industry group

2.21

Max: 3.12
Q3: 2.21
NI: 2.21
Median: 1.83
Q1: 1.46
Min: 0.34

Dominion Energy (D) vs. NiSource (NI): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Dominion Energy (D) and NiSource (NI)
Metric	D	NI
P/E Ratio (TTM)	22.64	22.64
P/S Ratio (TTM)	3.14	3.04
P/B Ratio (MRQ)	2.11	2.21
Free Cash Flow Yield (TTM)	-12.95%	-10.51%