NiSource Inc. NI NYSE

NiSource Inc. (NI) has shown moderate revenue growth over the past 3 years, expanding from $5.9B to $6.6B (average +5%/yr). Net income reached $930M, reflecting solid earnings growth at +5.8%/yr on average. The net profit margin is 14%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 58.6% (high), with a +20.1pp trend over the period. With a $23B market cap and MOAT composite score of 80/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (65/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 41-year history, the company was profitable in 38 of 41 years — an excellent long-term track record
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (80/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 58/100 with 4/7 criteria passed.