NI vs. PEG: NiSource vs. Public Service Enterprise Stock Comparison

November 11, 2026

How do NiSource (NI) and Public Service Enterprise (PEG) 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

NiSource (NI) and Public Service Enterprise (PEG) 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 NiSource (NI) and Public Service Enterprise (PEG)
Profile Item	NI	PEG
Name	NiSource Inc.	Public Service Enterprise Group 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	21.18 billion USD	36.20 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	January 2, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PEG

GSPC

NiSource (NI) vs. Public Service Enterprise (PEG), 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 NiSource (NI) and Public Service Enterprise (PEG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for NiSource (NI) and Public Service Enterprise (PEG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Total Return (1Y)	6.11%	-6.86%
Total Return (3Y, Annualized)	25.66%	10.69%
Total Return (5Y, Annualized)	16.11%	7.38%

Risk Profile

Drawdown History

PEG

GSPC

NiSource (NI) vs. Public Service Enterprise (PEG), 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 NiSource (NI) and Public Service Enterprise (PEG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Volatility (1Y, Annualized)	18.23%	18.73%
Beta (5Y)	0.53	0.47
Max Drawdown (5Y)	-24.76%	-27.29%
Avg. Volume (3M)	5.64M	3.44M

Risk-Adjusted Performance

Risk-Return Positioning

NI and PEG 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 NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Sharpe Ratio (1Y)	0.10	-0.60
Sortino Ratio (1Y)	0.14	-0.82

Profitability

ROE (TTM)

Both NiSource (NI) at 8.71% and Public Service Enterprise (PEG) at 10.28% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

NI

Utilities industry group

8.71%

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

PEG

Utilities industry group

10.28%

Max: 17.99%
Q3: 12.01%
PEG: 10.28%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both NiSource (NI) at 13.51% and Public Service Enterprise (PEG) at 14.32% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

NI

Utilities industry group

13.51%

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

PEG

Utilities industry group

14.32%

Max: 28.78%
Q3: 17.30%
PEG: 14.32%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both NiSource (NI) at 25.20% and Public Service Enterprise (PEG) at 21.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

NI

Utilities industry group

25.20%

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

PEG

Utilities industry group

21.29%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
PEG: 21.29%
Q1: 15.45%
Min: -4.90%

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
ROE (TTM)	8.71%	10.28%
ROA (TTM)	3.25%	2.93%
Net Margin (TTM)	13.51%	14.32%
Operating Margin (TTM)	25.20%	21.29%
Gross Margin (TTM)	50.92%	32.12%

Growth

Revenue Growth

Both NiSource (NI) at 21.76% and Public Service Enterprise (PEG) at 18.25% sit in the top peer quartile for revenue growth, so each is growing its top line faster than typical industry peers.

NiSource (NI) vs. Public Service Enterprise (PEG): 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 Public Service Enterprise (PEG) at 19.21% is closer to the peer norm — faster per-share earnings growth for NI.

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Revenue Growth (YoY)	21.76%	18.25%
Revenue Growth (3Y CAGR)	4.32%	7.48%
EPS Growth (YoY)	20.37%	19.21%
EPS Growth (3Y CAGR)	4.68%	27.05%

Financial Strength

Current Ratio (MRQ)

Public Service Enterprise (PEG) at 1.01 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.

NI

Utilities industry group

0.50

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

PEG

Utilities industry group

1.01

Max: 1.90
Q3: 1.17
PEG: 1.01
Median: 0.88
Q1: 0.66
Min: 0.29

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both NiSource (NI) at 1.53 and Public Service Enterprise (PEG) at 1.48 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

NI

Utilities industry group

1.53

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

PEG

Utilities industry group

1.48

Max: 2.63
Q3: 1.77
PEG: 1.48
Median: 1.35
Q1: 0.84
Min: 0.00

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Current Ratio (MRQ)	0.50	1.01
Debt / Equity (MRQ)	1.53	1.48
Net Debt / EBITDA	5.87	5.86

Dividends

Dividend Yield (TTM)

Public Service Enterprise (PEG) at 3.61% delivers top-quartile income for its industry, while NiSource (NI) at 0.68% pays a more typical yield — both are credible income propositions, PEG the richer one.

NI

Utilities industry group

0.68%

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

PEG

Utilities industry group

3.61%

Max: 6.66%
PEG: 3.61%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

NiSource (NI) vs. Public Service Enterprise (PEG): 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 Public Service Enterprise (PEG) at 74.58% distributes more than its industry norm — less retained, thinner cover.

NI

Utilities industry group

60.51%

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

PEG

Utilities industry group

74.58%

Max: 113.04%
PEG: 74.58%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
Dividend Yield (TTM)	0.68%	3.61%
Dividend Payout Ratio (TTM)	60.51%	74.58%

Valuation

P/E Ratio (TTM)

Both NiSource (NI) at 22.64 and Public Service Enterprise (PEG) at 20.51 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

NI

Utilities industry group

22.64

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

PEG

Utilities industry group

20.51

Max: 31.22
Q3: 23.30
PEG: 20.51
Median: 19.64
Q1: 15.17
Min: 3.34

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both NiSource (NI) at 3.04 and Public Service Enterprise (PEG) at 2.93 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

NI

Utilities industry group

3.04

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

PEG

Utilities industry group

2.93

Max: 6.35
Q3: 3.63
PEG: 2.93
Median: 2.63
Q1: 1.52
Min: 0.00

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both NiSource (NI) at 2.21 and Public Service Enterprise (PEG) at 2.08 are valued close to their industries’ norm against book — neither stands out from peers.

NI

Utilities industry group

2.21

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

PEG

Utilities industry group

2.08

Max: 3.12
Q3: 2.21
PEG: 2.08
Median: 1.83
Q1: 1.46
Min: 0.34

NiSource (NI) vs. Public Service Enterprise (PEG): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for NiSource (NI) and Public Service Enterprise (PEG)
Metric	NI	PEG
P/E Ratio (TTM)	22.64	20.51
P/S Ratio (TTM)	3.04	2.93
P/B Ratio (MRQ)	2.21	2.08
Free Cash Flow Yield (TTM)	-10.51%	-0.90%