NiSource (NI) vs Pacific Gas & Electric (PCG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
NiSource (NI) has outperformed Pacific Gas & Electric (PCG) over the past year, losing 7.0% versus a loss of 21.0%. Over five years, NI leads with a +62.9% price change compared with +14.2% for PCG. Pacific Gas & Electric is the larger company by market cap ($38.40 billion vs $19.44 billion), about 2.0 times the size, while NiSource is growing revenue faster (+23.5% vs +2.1%).
On valuation, Pacific Gas & Electric trades at a lower forward P/E (7.1x vs 18.0x for NiSource). NiSource offers the higher dividend yield (1.43% vs 1.37%). NiSource converts more of its revenue into profit, with a net margin of 14.3% versus 10.8%.
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 | NI | PCG |
|---|---|---|
| Share price | $40.54 | $12.79 |
| Market cap | $19.44B | $38.40B |
| 1-day change | -0.32% | +2.32% |
| YTD return | -2.92% | -20.41% |
| 1-year return | -7.00% | -21.05% |
| 5-year return | +62.94% | +14.20% |
| P/E ratio (TTM) | 21.56 | 9.07 |
| Forward P/E | 18.01 | 7.10 |
| EPS (TTM) | $1.88 | $1.41 |
| Dividend yield | 1.43% | 1.37% |
| Annual dividend | $0.58 | $0.175 |
| Revenue (latest FY) | $6.52B | $24.93B |
| Revenue growth (YoY) | +23.47% | +2.11% |
| Net income (latest FY) | $929.50M | $2.70B |
| Gross margin | 75.71% | — |
| Operating margin | 28.14% | 19.05% |
| Net margin | 14.25% | 10.84% |
| 52-week high | $49.21 | $19.16 |
| 52-week low | $38.42 | $11.77 |
| Distance from 52-week high | -17.62% | -33.25% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +21.19% | +47.07% |
| Average volume | 5.54M | 36.57M |
| Shares outstanding | 479.56M | 2.20B |
| Employees | 7,668 | 29,010 |
| Sector | Utilities | Utilities |
| Industry | Power Generation | Power Generation |
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
- NI has outperformed PCG by 14.1 percentage points over the past year.
- NiSource trades at a higher earnings multiple (21.6x vs 9.1x trailing P/E).
- NiSource grew revenue faster in its latest fiscal year (+23.47% vs +2.11%).
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 · Power Generation · 7,668 employees
About Pacific Gas & Electric
PCG stock →PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cells, and photovoltaic sources.
Utilities · Power Generation · 29,010 employees
NI vs PCG FAQ
Which is bigger, NiSource or Pacific Gas & Electric?
Pacific Gas & Electric (PCG) is larger, with a market capitalization of $38.40B compared with $19.44B for NiSource (NI).
Which stock has performed better over the past year, NI or PCG?
NI returned -7.00% over the past 12 months, compared with -21.05% for PCG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NI or PCG?
PCG has the lower trailing P/E at 9.1, 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, NiSource or Pacific Gas & Electric?
NiSource has the higher yield at 1.43%, compared with 1.37% for Pacific Gas & Electric.
Are NiSource and Pacific Gas & Electric in the same industry?
Yes. Both are classified in the Power Generation industry within the Utilities sector.