NI FY2025 SEC EDGAR DEF 14A #14 of 58 in industry

Nisource Inc. CEO pay ratio

The CEO earned $13.3M in FY2025 against median worker pay of $125,021 · Electric, Gas & Sanitary Services.

Electric, Gas & Sanitary Services peers All rankings
State
DE
Filing date
2026-03-30
Industry
Electric, Gas & Sanitary Services
Industry rank
#14/58

Data updated August 2026

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CEO-to-worker pay ratio
106:1
Moderate (Scale: 0–1000:1)
CEO pay
$13.3M
Median worker
$125,021

Answer first

Nisource Inc.'s FY2025 CEO total of $13.3M ranks #368 of 1,423 complete filings; its 106:1 pay ratio ranks #605. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $125,021. Industry placement uses the FY2025 SIC-49 peer cohort (# 14 of 58, 78th percentile - top quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Electric, Gas & Sanitary Services companies.

Dollar rank
#368
$13.3M of 1,423 FY2025
Ratio rank
#605
106:1 of 1,423
Industry pct
78th
top quartile of industry peers by pay ratio

How Nisource Inc. ranks nationally

Nisource Inc. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$13,252,226 Top 26% higher than 74% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). This entry sits in this band. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Nisource Inc. vs. Electric, Gas & Sanitary Services peers

CEO total pay ($13.3M) against pay ratio (106:1) for Nisource Inc. (marked) and its 5 closest same-industry peers, against the Electric, Gas & Sanitary Services industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both04208278.18416556.212624834.216833112.378.1:185.9:193.8:1101.6:1109.4:1CEO total payPay ratio (CEO : median worker)Nisource Inc., CEO total pay: 13252226 · Pay ratio (CEO : median worker): 106:1Nisource Inc.Duke Energy CORP, CEO total pay: 132604 · Pay ratio (CEO : median worker): 106:1Duke Energy CORPDominion Energy, Inc, CEO total pay: 16037850 · Pay ratio (CEO : median worker): 107:1Dominion Energy, IncEversource Energy, CEO total pay: 15010320 · Pay ratio (CEO : median worker): 104:1Eversource EnergyXcel Energy Inc, CEO total pay: 15998859 · Pay ratio (CEO : median worker): 108:1Xcel Energy IncExelon Corp, CEO total pay: 15543215 · Pay ratio (CEO : median worker): 103:1Exelon Corp
Nisource Inc. vs. Electric, Gas & Sanitary Services peers, plotted against the industry's $9.1M median CEO total and 80:1 median pay ratio.

Ratio bands among Electric, Gas & Sanitary Services peers

Exclusive CEO-to-median-worker bands across 51 complete latest-FY filings in SIC 49. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Nisource Inc.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Nisource Inc.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
106:1
FY2025
vs prior FY
+4:1
from FY2024 102:1
CEO $ YoY
+3.8%
$13.3M latest
Filings shown
5
FY2021–2025
Nisource Inc. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $125K - $124,663 76:1 -
2022 $149K +19% $148,962 49:1 -27:1
2023 $9.2M +6105% $174,408 53:1 +4:1
2024 $12.8M +38% $125,174 102:1 +49:1
2025 $13.3M +3.8% $125,021 106:1 +4:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1111711, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Electric, Gas & Sanitary Services

This Company's Ratio
106:1
Industry Median Ratio
80:1
Industry Median CEO Pay
$9.1M
This CEO's Pay
$13.3M
Companies in Industry
58
vs. Industry Median
Above
#14 of 58 by pay ratio in this industry View all companies in Electric, Gas & Sanitary Services →

Nisource Inc.: MID · HEAVY pay ratio

Nisource Inc.'s FY2025 ratio 106:1 ranks #14 of 58 Electric, Gas & Sanitary Services filers (78th percentile). the CEO earned 106× the median employee ($125,021) in FY2025.

Median employee $125,021 (ELITE-MED); MID · HEAVY stamps put about 106 median-wage years per CEO year.

CEO Total Pay

$13.3M

FY2025 Summary Compensation, above median

Pay Ratio

106:1

Near industry median

Nisource Inc. in the higher Electric, Gas & Sanitary Services third

Nisource Inc.'s FY2025 ratio 106:1 ranks #14 of 58 Electric, Gas & Sanitary Services filers (78th percentile). The structured pay-ratio disclosure reports the total without line-item components. Electric, Gas & Sanitary Services (SIC 49) median ratio is 80:1 across 58 FY2025 filers; Nisource Inc.'s $13.3M CEO total is above the $9.1M industry median CEO pay.

Dollar rank #368 and ratio rank #605 split - treat 106:1 as a disclosure, not a fairness score. Open Electric, Gas & Sanitary Services peers.

Key Data, FY2025

Total Compensation
$13.3M
Median Employee Pay
$125,021
Pay Ratio
106:1
Filing Date
2026-03-30

Company Info

Ticker
NI
CIK
1111711
Industry
Electric, Gas & Sanitary Services
SIC Code
4931
State
DE
View SEC filings →
SEC EDGAR DEF 14A for CIK 1111711, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Nisource Inc.'s FY2025 ratio 106:1 ranks #14 of 58 Electric, Gas & Sanitary Services filers (78th percentile).

Read with Nisource Inc.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MID · HEAVY · ELITE-MED.

ManpowerGroup Inc. · HEAVY

ABS(ceo_total_comp) peer at $13.3M (Δ $13K heavier vs Nisource Inc.); EXTREME · LOW-MED vs this page's MID · HEAVY · ELITE-MED.
PPL Corp · HEAVY

ABS(ceo_total_comp) peer at $13.2M (Δ $34K lighter vs Nisource Inc.); MODEST · ELITE-MED vs this page's MID · HEAVY · ELITE-MED.
Kontoor Brands, Inc. · HEAVY

ABS(ceo_total_comp) peer at $13.2M (Δ $43K lighter vs Nisource Inc.); MEGA · LOW-MED vs this page's MID · HEAVY · ELITE-MED.
Red Rock Resorts, Inc. · HEAVY

ABS(ceo_total_comp) peer at $13.3M (Δ $97K heavier vs Nisource Inc.); STEEP · PAR-MED vs this page's MID · HEAVY · ELITE-MED.
Duke Energy CORP (SIC 49 pole)

Duke Energy CORP stamps MID · MICRO nearest in-SIC by ABS(pay_ratio) to Nisource Inc.'s MID filing.
National dual ranks · #368/#605

Nisource Inc.'s FY2025 package sits #368 by CEO dollars and #605 by ratio under HEAVY · MID.
Comp structure · HEAVY

Nisource Inc.'s HEAVY CEO total is equity-sensitive - read what grant-date fair value does and does not mean.
Data sourced from SEC EDGAR DEF 14A for Nisource Inc. (CIK 1111711), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.