NiSource Gross Margin 2010-2024 | NI
- NiSource average gross margin for 2023 was 67.05%, a 0.84% increase from 2022.
- NiSource average gross margin for 2022 was 66.49%, a 10.17% increase from 2021.
- NiSource average gross margin for 2021 was 74.02%, a 1.12% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.