Market Cap Overview
Market Cap
$18.76B
Share Price
$99.69
Shares Outstanding
108.40M
What is NiSource's Market Cap?
NiSource's current Market Cap as of today is $18.76B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of NiSource, the market cap is calculated as $99.69 x 108.40M shares = $18.76B.
As a Large Cap company, NiSource is considered a large, well-established company.
NiSource Historical Market Cap
NiSource Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of NiSource, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
NiSource's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $18.76B
- Total Debt: $13.96B
- Cash and Equivalents: $156.60M
- Enterprise Value: $30.50B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
NiSource Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $18.76B | 12.36% |
| 2024 | $16.70B | 51.13% |
| 2023 | $11.05B | -1.03% |
| 2022 | $11.16B | 2.72% |
| 2021 | $10.87B | 23.26% |
| 2020 | $8.82B | -15.47% |
| 2019 | $10.43B | 15.42% |
| 2018 | $9.04B | 6.88% |
| 2017 | $8.46B | 18.68% |
| 2016 | $7.12B | 14.94% |
| 2015 | $6.20B | 18.00% |
| 2014 | $5.25B | 30.14% |
| 2013 | $4.04B | 41.38% |
| 2012 | $2.85B | 8.77% |
| 2011 | $2.62B | 36.53% |
| 2010 | $1.92B | 15.69% |
| 2009 | $1.66B | 40.70% |
| 2008 | $1.18B | -41.87% |
| 2007 | $2.03B | -21.30% |
| 2006 | $2.58B | 16.04% |
| 2005 | $2.22B | -5.74% |
| 2004 | $2.36B | 6.05% |
| 2003 | $2.23B | 34.54% |
| 2002 | $1.65B | -11.33% |
| 2001 | $1.87B | 26.94% |
| 2000 | $1.47B | 68.36% |
| 1999 | $872.87M | -39.78% |
| 1998 | $1.45B | 20.48% |
| 1997 | $1.20B | 25.92% |
| 1996 | $955.36M | 0.22% |
| 1995 | $953.27M | 25.58% |
| 1994 | $759.08M | -11.68% |
| 1993 | $859.46M | 23.57% |
| 1992 | $695.53M | 2.33% |
| 1991 | $679.71M | 46.57% |
| 1990 | $463.75M | -16.49% |
| 1989 | $555.36M | 37.58% |
| 1988 | $403.65M | 67.77% |
| 1987 | $240.60M | -26.86% |
| 1986 | $328.98M | 19.42% |
| 1985 | $275.48M | N/A |
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