NiSource Exceeds 2025 Adjusted EPS Guidance, Reaffirms 2026-2033 Growth, and Details $28B Capital Plan

summarizeSummary

NiSource Inc. announced full-year 2025 results exceeding guidance, reaffirmed its 2026 EPS and long-term growth outlook, and detailed a $28.0 billion capital plan including significant data center investments.

check_boxKey Events

• Strong 2025 Financial Performance

  NiSource achieved full-year 2025 non-GAAP adjusted EPS of $1.90, exceeding its guidance range, and reported GAAP diluted EPS of $1.95. The company also surpassed its non-GAAP FFO/Debt guidance range.

• Reaffirmed Long-Term Growth Outlook

  The company reaffirmed its 2026 non-GAAP consolidated adjusted EPS guidance of $2.02–$2.07 and its 2026-2033 consolidated non-GAAP adjusted EPS compound annual growth rate of 8%-9%.

• Substantial Capital Investment Plan

  NiSource plans to invest approximately $28.0 billion from 2026–2030, including nearly $7.0 billion in strategic data center infrastructure investments, supporting a 9%-11% consolidated rate base growth through 2033.

auto_awesomeAnalysis

NiSource Inc. reported strong full-year 2025 financial results, surpassing its non-GAAP adjusted EPS and FFO/Debt guidance ranges. The company also reaffirmed its 2026 adjusted EPS guidance and its long-term compound annual growth rate of 8%-9% through 2033, signaling continued stability and growth for investors. A significant highlight is the planned $28.0 billion capital investment from 2026-2030, which includes nearly $7.0 billion dedicated to strategic data center infrastructure. This substantial investment, coupled with a landmark data center agreement, positions NiSource for future rate base growth and diversified revenue streams, reinforcing its utility modernization initiatives.