Nisource (NI) Asset Utilization Ratio (2011 - 2026)
Nisource's (NI) quarterly Asset Utilization Ratio came in at 0.32 in Q1 2026, up 5.64% YoY from 0.3 in Q1 2025, and down 1.85% on a QoQ basis from 0.32 in Q4 2025.
Nisource (NI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Nisource (NI) has 16 years of Asset Utilization Ratio data on file, last reported at 0.32 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 5.64% year-over-year to 0.32 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.32 (up 5.64% YoY) and the FY2025 annual result came in at 0.2, up 16.84% from the prior year.
- Asset Utilization Ratio retreated to 0.32 in Q1 2026, from 0.32 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.32 in Q4 2025 to a low of 0.17 in Q3 2024.
- A 5-year average of 0.24 and a median of 0.22 in 2022 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio fell 22.77% — and 2025, when it surged 76.31%.
- Tracing NI's Asset Utilization Ratio over 5 years: stood at 0.22 in 2022, then retreated by 18.1% to 0.18 in 2023, then jumped by 60.38% to 0.29 in 2024, then gained by 9.95% to 0.32 in 2025, then retreated by 1.85% to 0.32 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.32 (Q1 2026), 0.32 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.91 Bn | 28.38 Bn | - | 0.16 |
| 2 | Nisource | 20.10 Bn | 20.03 Bn | 867.50 Mn | 0.31 |
| 3 | Ugi | 8.19 Bn | 7.71 Bn | 573.00 Mn | 0.46 |
| 4 | Black Hills | 5.60 Bn | 5.52 Bn | - | 0.21 |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 0.28 |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 0.26 |
| 7 | Mdu Resources | 4.29 Bn | 4.25 Bn | - | 0.24 |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 0.24 |
| 9 | Centuri Holdings | 2.20 Bn | 2.15 Bn | 69.14 Mn | 1.44 |
| 10 | Brookfield Infrastructure | 2.19 Bn | 1.42 Bn | 572.00 Mn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.21 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.20 |