Exelon (EXC) vs NiSource (NI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
NiSource (NI) has outperformed Exelon (EXC) over the past year, losing 7.7% versus a loss of 10.5%. Over five years, NI leads with a +62.9% price change compared with +17.5% for EXC. Exelon is the larger company by market cap ($43.02 billion vs $19.55 billion), about 2.2 times the size, while NiSource is growing revenue faster (+23.5% vs +5.3%).
On valuation, Exelon trades at a lower forward P/E (13.7x vs 18.1x for NiSource). Exelon offers the higher dividend yield (3.93% vs 1.42%). NiSource converts more of its revenue into profit, with a net margin of 14.3% versus 11.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EXC | NI |
|---|---|---|
| Share price | $41.76 | $40.76 |
| Market cap | $43.02B | $19.55B |
| 1-day change | +0.07% | +0.57% |
| YTD return | -4.20% | -2.95% |
| 1-year return | -10.50% | -7.68% |
| 5-year return | +17.46% | +62.90% |
| P/E ratio (TTM) | 15.35 | 21.57 |
| Forward P/E | 13.74 | 18.11 |
| EPS (TTM) | $2.72 | $1.89 |
| Dividend yield | 3.93% | 1.42% |
| Annual dividend | $1.64 | $0.58 |
| Revenue (latest FY) | $24.26B | $6.52B |
| Revenue growth (YoY) | +5.34% | +23.47% |
| Net income (latest FY) | $2.77B | $929.50M |
| Gross margin | — | 75.71% |
| Operating margin | 21.22% | 28.14% |
| Net margin | 11.41% | 14.25% |
| 52-week high | $50.65 | $49.21 |
| 52-week low | $39.73 | $38.42 |
| Distance from 52-week high | -17.55% | -17.17% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +16.21% | +20.53% |
| Average volume | 7.82M | 5.58M |
| Shares outstanding | 1.03B | 479.56M |
| Employees | 20,571 | 7,668 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Utilities - Regulated Gas |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Exelon is about 2.2 times larger than NiSource by market value ($43.02B vs $19.55B).
- NiSource trades at a higher earnings multiple (21.6x vs 15.4x trailing P/E).
- Exelon offers a meaningfully higher dividend yield (3.93% vs 1.42%).
- NiSource grew revenue faster in its latest fiscal year (+23.47% vs +5.34%).
About Exelon
EXC stock →Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States. The company is involved in the purchase and regulated retail sale of electricity and natural gas; transmission and distribution of electricity; and distribution of natural gas to retail customers.
Utilities · Power Generation · 20,571 employees
About NiSource
NI stock →NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates in two segments, Columbia Operations and NIPSCO Operations.
Utilities · Utilities - Regulated Gas · 7,668 employees
EXC vs NI FAQ
Which is bigger, Exelon or NiSource?
Exelon (EXC) is larger, with a market capitalization of $43.02B compared with $19.55B for NiSource (NI).
Which stock has performed better over the past year, EXC or NI?
NI returned -7.68% over the past 12 months, compared with -10.50% for EXC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EXC or NI?
EXC has the lower trailing P/E at 15.4, versus 21.6 for NI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Exelon or NiSource?
Exelon has the higher yield at 3.93%, compared with 1.42% for NiSource.
Are Exelon and NiSource in the same industry?
Both are in the Utilities sector, but in different industries: Power Generation for Exelon and Utilities - Regulated Gas for NiSource.