NI vs SRE
NiSource (NI) and Sempra (SRE) compared side by side. Sempra (SRE) is larger, with a market cap of $55.0B versus $20.8B for NiSource, about 2.6 times the size. On trailing earnings, NI is cheaper at 23.0x versus 24.3x for SRE.
Head to head
| Metric | NI | SRE |
|---|---|---|
| Market cap | $20.8B | $55.0B |
| P/E (TTM) | 23.0x | 24.3x |
| Forward P/E | 19.3x | 15.2x |
| Revenue (TTM) | $6.9B | $13.6B |
| Revenue growth | 4.6% | -0.1% |
| Gross margin | 51.0% | 44.0% |
| Operating margin | 17.2% | 28.3% |
| Free cash flow | -$1.5B | -$5.2B |
| Dividend yield | 2.77% | 3.13% |
| 1-year return | +1.3% | -5.7% |
| 5-year return (annual) | +15.2% | +8.4% |
| Max drawdown | -66% | -45% |
| FI Handbook grade | D+ | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
$10.0K
$15.0K
$20.0K
20222023202420252026
NI vs SRE FAQ
Which is bigger, NI or SRE?
Sempra (SRE) is larger, with a market cap of $55.0B versus $20.8B for NiSource, about 2.6 times the size.
Is NI or SRE cheaper?
On trailing earnings, NI is cheaper at 23.0x versus 24.3x for SRE. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, NI or SRE?
NI returned +1.3% over the past year including dividends, versus -5.7% for SRE, through October 23, 2026.
Which pays a higher dividend, NI or SRE?
SRE yields 3.13% versus 2.77% for NI.