NEE vs. NI: NextEra Energy vs. NiSource Stock Comparison

November 11, 2026

How do NextEra Energy (NEE) 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

NextEra Energy (NEE) and NiSource (NI) both fall under the Utilities industry group, but NEE is classified in Electric Utilities while NI is classified in Multi-Utilities.

Company profile comparison for NextEra Energy (NEE) and NiSource (NI)
Profile Item	NEE	NI
Name	NextEra Energy Inc.	NiSource Inc.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Multi-Utilities
GICS Sub-Industry	Electric Utilities	Multi-Utilities
Market Capitalization	182.36 billion USD	21.18 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

NEE

GSPC

NextEra Energy (NEE) 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 NextEra Energy (NEE) and NiSource (NI). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Total Return (1Y)	7.27%	6.11%
Total Return (3Y, Annualized)	20.47%	25.66%
Total Return (5Y, Annualized)	3.34%	16.11%

Risk Profile

Drawdown History

NEE

GSPC

NextEra Energy (NEE) 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 NextEra Energy (NEE) and NiSource (NI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Volatility (1Y, Annualized)	21.60%	18.23%
Beta (5Y)	0.59	0.53
Max Drawdown (5Y)	-44.97%	-24.76%
Avg. Volume (3M)	11.90M	5.64M

Risk-Adjusted Performance

Risk-Return Positioning

NEE 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 NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Sharpe Ratio (1Y)	0.14	0.10
Sortino Ratio (1Y)	0.21	0.14

Profitability

ROE (TTM)

NextEra Energy (NEE) at 14.06% sits in the top ROE quartile, while NiSource (NI) at 8.71% is closer to the peer norm — stronger capital efficiency for NEE.

NEE

Utilities industry group

14.06%

Max: 17.99%
NEE: 14.06%
Q3: 12.01%
Median: 9.44%
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%

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

Net Margin (TTM)

NextEra Energy (NEE) at 40.37% converts revenue to bottom-line profit above its industry’s benchmark range, while NiSource (NI) at 13.51% keeps roughly the typical share for its industry.

NEE

Utilities industry group

40.37%

NEE: 40.37%
Max: 28.78%
Q3: 17.30%
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%

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

Operating Margin (TTM)

NextEra Energy (NEE) at 33.00% operates in the top operating margin quartile, ahead of NiSource (NI) at 25.20%, which runs around its industry’s norm.

NEE

Utilities industry group

33.00%

Max: 53.83%
NEE: 33.00%
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%

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

Profitability Metrics

Profitability metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
ROE (TTM)	14.06%	8.71%
ROA (TTM)	2.41%	3.25%
Net Margin (TTM)	40.37%	13.51%
Operating Margin (TTM)	33.00%	25.20%
Gross Margin (TTM)	60.17%	50.92%

Growth

Revenue Growth

NiSource (NI) at 21.76% sits in the top revenue growth quartile, while NextEra Energy (NEE) at 10.74% is closer to the peer norm — faster top-line expansion for NI.

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

EPS Growth

NiSource (NI) at 20.37% sits in the top EPS growth quartile, while NextEra Energy (NEE) at -2.63% is closer to the peer norm — faster per-share earnings growth for NI.

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

Growth Metrics

Growth metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Revenue Growth (YoY)	10.74%	21.76%
Revenue Growth (3Y CAGR)	9.36%	4.32%
EPS Growth (YoY)	-2.63%	20.37%
EPS Growth (3Y CAGR)	16.28%	4.68%

Financial Strength

Current Ratio (MRQ)

Both NextEra Energy (NEE) at 0.53 and NiSource (NI) at 0.50 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

NEE

Utilities industry group

0.53

Max: 1.90
Q3: 1.17
Median: 0.88
Q1: 0.66
NEE: 0.53
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

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

Debt / Equity (MRQ)

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

NEE

Utilities industry group

1.53

Max: 2.63
Q3: 1.77
NEE: 1.53
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

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

Financial Strength Metrics

Financial strength metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Current Ratio (MRQ)	0.53	0.50
Debt / Equity (MRQ)	1.53	1.53
Net Debt / EBITDA	8.09	5.87

Dividends

Dividend Yield (TTM)

Both NextEra Energy (NEE) at 2.76% and NiSource (NI) at 0.68% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

NEE

Utilities industry group

2.76%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
NEE: 2.76%
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%

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

Dividend Payout Ratio (TTM)

Both NextEra Energy (NEE) at 43.89% and NiSource (NI) at 60.51% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

NEE

Utilities industry group

43.89%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
NEE: 43.89%
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%

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

Dividend Metrics

Dividend metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
Dividend Yield (TTM)	2.76%	0.68%
Dividend Payout Ratio (TTM)	43.89%	60.51%

Valuation

P/E Ratio (TTM)

Both NextEra Energy (NEE) at 15.67 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.

NEE

Utilities industry group

15.67

Max: 31.22
Q3: 23.30
Median: 19.64
NEE: 15.67
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

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

P/S Ratio (TTM)

NiSource (NI) at 3.04 is priced about in line with its industry on P/S ratio, while NextEra Energy (NEE) at 6.33 sits in the pricier quartile — NEE costs more per dollar of sales.

NEE

Utilities industry group

6.33

Max: 6.35
NEE: 6.33
Q3: 3.63
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

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

P/B Ratio (MRQ)

NiSource (NI) at 2.21 is valued about in line with its industry on P/B ratio, while NextEra Energy (NEE) at 2.97 carries an above-peer premium to book — NEE is pricier on assets.

NEE

Utilities industry group

2.97

Max: 3.12
NEE: 2.97
Q3: 2.21
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

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

Valuation Metrics

Valuation metrics for NextEra Energy (NEE) and NiSource (NI)
Metric	NEE	NI
P/E Ratio (TTM)	15.67	22.64
P/S Ratio (TTM)	6.33	3.04
P/B Ratio (MRQ)	2.97	2.21
Free Cash Flow Yield (TTM)	-11.63%	-10.51%