NI vs. ETR

Last updated Apr 1, 2026

Compare and contrast key facts about NiSource Inc. (NI) and Entergy Corporation (ETR).

Performance

NI vs. ETR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NiSource Inc. (NI) and Entergy Corporation (ETR). The values are adjusted to include any dividend payments, if applicable.

NI vs. ETR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NI NiSource Inc.	12.50%	16.81%	43.48%	0.48%	2.67%	24.75%	-14.87%	13.03%	1.92%	19.28%
ETR Entergy Corporation	22.36%	25.34%	55.96%	-6.09%	3.55%	17.12%	-13.73%	44.31%	10.60%	15.91%

Fundamentals

Market Cap NI : $22.14B ETR : $51.53B
EPS NI : $1.96 ETR : $3.94
PE Ratio NI : 23.77 ETR : 28.54
PEG Ratio NI : 2.09 ETR : 1.05
PS Ratio NI : 3.33 ETR : 3.91
PB Ratio NI : 2.34 ETR : 3.04
Total Revenue (TTM) NI : $6.64B ETR : $12.95B
Gross Profit (TTM) NI : $3.52B ETR : $5.02B
EBITDA (TTM) NI : $3.02B ETR : $5.76B

Returns By Period

In the year-to-date period, NI achieves a 12.50% return, which is significantly lower than ETR's 22.36% return. Over the past 10 years, NI has underperformed ETR with an annualized return of 10.42%, while ETR has yielded a comparatively higher 15.25% annualized return.

NI

• 1D: 0.34%
• 1M: -1.35%
• YTD: 12.50%
• 6M: 9.22%
• 1Y: 19.60%
• 3Y*: 22.56%
• 5Y*: 18.03%
• 10Y*: 10.42%

ETR

• 1D: 1.17%
• 1M: 4.90%
• YTD: 22.36%
• 6M: 22.17%
• 1Y: 35.03%
• 3Y*: 32.42%
• 5Y*: 22.00%
• 10Y*: 15.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NI vs. ETR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NI

NI Risk / Return Rank: 73
NI Sharpe Ratio Rank: 75
NI Sortino Ratio Rank: 65
NI Omega Ratio Rank: 65
NI Calmar Ratio Rank: 80
NI Martin Ratio Rank: 80

ETR

ETR Risk / Return Rank: 87
ETR Sharpe Ratio Rank: 88
ETR Sortino Ratio Rank: 84
ETR Omega Ratio Rank: 83
ETR Calmar Ratio Rank: 92
ETR Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NI vs. ETR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NiSource Inc. (NI) and Entergy Corporation (ETR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NI	ETR	Difference
Sharpe ratio Return per unit of total volatility	1.00	1.70	-0.70
Sortino ratio Return per unit of downside risk	1.36	2.29	-0.93
Omega ratio Gain probability vs. loss probability	1.18	1.31	-0.12
Calmar ratio Return relative to maximum drawdown	2.20	4.19	-1.99
Martin ratio Return relative to average drawdown	5.84	10.99	-5.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NI vs. ETR - Sharpe Ratio Comparison

The current NI Sharpe Ratio is 1.00, which is lower than the ETR Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of NI and ETR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NI	ETR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	1.70	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	0.99	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.64	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.32	+0.03

Correlation

The correlation between NI and ETR is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NI vs. ETR - Dividend Comparison

NI's dividend yield for the trailing twelve months is around 2.44%, more than ETR's 2.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NI NiSource Inc.	2.44%	2.68%	2.88%	3.77%	3.43%	3.19%	3.66%	2.87%	3.08%	2.73%	2.89%	4.25%
ETR Entergy Corporation	2.21%	2.64%	3.03%	4.29%	3.64%	3.43%	3.75%	3.06%	4.16%	4.30%	4.65%	4.89%

Drawdowns

NI vs. ETR - Drawdown Comparison

The maximum NI drawdown since its inception was -66.51%, smaller than the maximum ETR drawdown of -71.72%. Use the drawdown chart below to compare losses from any high point for NI and ETR.

Drawdown Indicators

	NI	ETR	Difference
Max Drawdown Largest peak-to-trough decline	-66.51%	-71.72%	+5.21%
Max Drawdown (1Y) Largest decline over 1 year	-9.14%	-8.77%	-0.37%
Max Drawdown (5Y) Largest decline over 5 years	-24.76%	-25.12%	+0.36%
Max Drawdown (10Y) Largest decline over 10 years	-30.95%	-41.99%	+11.04%
Current Drawdown Current decline from peak	-1.89%	0.00%	-1.89%
Average Drawdown Average peak-to-trough decline	-19.49%	-25.33%	+5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.44%	3.35%	+0.09%

Volatility

NI vs. ETR - Volatility Comparison

The current volatility for NiSource Inc. (NI) is 5.78%, while Entergy Corporation (ETR) has a volatility of 8.70%. This indicates that NI experiences smaller price fluctuations and is considered to be less risky than ETR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NI	ETR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.78%	8.70%	-2.92%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	14.34%	-2.65%
Volatility (1Y) Calculated over the trailing 1-year period	19.63%	20.69%	-1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.94%	22.32%	-2.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.17%	23.99%	-0.82%

Financials

NI vs. ETR - Profitability Comparison

The chart below illustrates the profitability comparison between NiSource Inc. and Entergy Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NiSource Inc. reported a gross profit of 1.11B and revenue of 1.90B. Therefore, the gross margin over that period was 58.1%.

ETR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Entergy Corporation reported a gross profit of 666.53M and revenue of 2.96B. Therefore, the gross margin over that period was 22.5%.

NI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NiSource Inc. reported an operating income of 515.50M and revenue of 1.90B, resulting in an operating margin of 27.1%.

ETR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Entergy Corporation reported an operating income of 480.78M and revenue of 2.96B, resulting in an operating margin of 16.3%.

NI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NiSource Inc. reported a net income of 257.80M and revenue of 1.90B, resulting in a net margin of 13.6%.

ETR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Entergy Corporation reported a net income of 240.53M and revenue of 2.96B, resulting in a net margin of 8.1%.