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Eversource Energy vs NiSource: Which Stock Looks Stronger in 2026?

Structurally, Eversource Energy and NiSource are closely matched — neither holds a meaningful edge overall. NiSource still has the edge on stability, which keeps the comparison from looking entirely one-sided. In the market, NiSource carries the stronger setup — intact trend against Eversource Energy's broken trend.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

On stability, the clearer edge sits with NiSource Inc., while the broader score remains level.

Trajectory Similarity
0.82
Similar
Peer-set rank: #24
within Eversource Energy's functional peer set

This comparison is anchored in long-term financial trajectory similarity within the selected peer universe.

This level of similarity signals a strong structural match, even though some dimensions still separate the two companies.

Most of the shared profile comes through capital structure and margin trend.

Similarity drivers
capital structuremargin trend
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
ES
Eversource Energy
57
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
NI
NiSource Inc.
57
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in stability.

Dimension spread: ES vs NI Profitability 60 67 Stability 14 50 Valuation 86 62 Growth 53 41 ES NI
Gap Ranking
#1 Stability +36
#2 Valuation +24
#3 Growth +12
#4 Profitability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ES and NI Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ESNI Relative valuation Structural strength

NiSource Inc. still looks cheaper, even though Eversource Energy remains structurally stronger.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ES and NI each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ES Neutral · below norm 0th 50th 100th 39 pct gap NI Elevated · above norm 0th 50th 100th 58th 97th
Today ES sits in the upper-middle of its own 5-year history (58th percentile), while NI sits higher in its own history (97th). Within each stock's own 5-year context, ES is at a historically more favourable entry position than NI. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Stability
NiSource Inc. sits in the stronger part of the group on stability, while Eversource Energy is closer to mid-pack.
Valuation
Both profiles are strong on valuation, but Eversource Energy leads clearly.
Stability — Dominant Gap
ES
14
NI
50
Gap+36in favour of NI

The stability gap is wide, with the stronger side looking materially steadier through time.

What keeps the gap from being one-sided

On the market side, NiSource carries the stronger trend while Eversource Energy's trend has broken — the market setup does not confirm the structural advantage.

What this means for the comparison

Stability is the clearest driver of the lead, with valuation adding further support — though stability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the ES vs NI comparison across all dimensions with the full interactive tool.

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Other comparisons with conflicting dimension signals

Explore how ES and NI each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.