AM vs NI
AM: Midstream infrastructure company providing gathering, compression, processing, and water handling services almost exclusively to Antero Resources in the Appalachian Basin. NI: NiSource operates regulated natural gas distribution and electric utility networks across the Midwest and Mid-Atlantic, with growing exposure to renewable energy and large data center contracts.
Side-by-side fundamentals
| Metric | AM | NI | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $22.85 | $46.57 | |
| Market cap as of 2026-07-23 | $10.8B | $22.2B | |
| P/E as of 2026-07-23 | 26.38 | 23.03 | NI lower |
| PEG as of 2026-07-23 | n/a | 2.69 | |
| Net margin as of 2026-07-23 | +33.9% | +14.4% | AM higher |
| Gross margin as of 2026-07-23 | +80.5% | +40.6% | AM higher |
| Operating margin as of 2026-07-23 | +52.9% | +28.3% | AM higher |
| ROE as of 2026-07-23 | +20.4% | +10.4% | AM higher |
| ROA as of 2026-07-23 | +6.9% | +2.7% | AM higher |
| Debt / equity as of 2026-07-23 | 1.89 | 1.74 | NI lower |
| Revenue growth (YoY) as of 2026-07-23 | +8.3% | +15.7% | NI higher |
| Revenue CAGR (3y) SEC XBRL | +8.9% | +4.4% | AM higher |
| Dividend yield as of 2026-07-23 | +4.0% | +2.6% | AM higher |
| Dividend streak (yrs) SEC XBRL | 2 | 5 | NI higher |
| Beta as of 2026-07-23 | 0.63 | 0.56 | |
| 1-year return as of 2026-07-22 close | +33.0% | +10.6% | AM higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.