Nisource (NI) Capital Expenditures (2010 - 2026)
Nisource's Capital Expenditures was $1.1 billion in Q2 2026, up 66.7% from $658.2 million a year earlier and up 36.3% from the prior quarter.
Nisource (NI) Capital Expenditures (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nisource's Capital Expenditures was $3.39 billion through Jun 30, 2026, up 26.0% year-over-year; for FY2025, it came in at $2.78 billion, up 6.4% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $2.61 billion in FY2024 (-1.2%), $2.65 billion in FY2023 (+20.1%), $2.2 billion in FY2022 (+19.9%) and $1.84 billion in FY2021 (+4.5%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures in data going back to Q3 2010.
- Compared with a year earlier, Capital Expenditures has increased for six straight quarters, with growth averaging 13.2% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2026 (growth of 66.7%); the worst was Q3 2024 (a decline of 12.3%).
- Per Business Quant data, NI's Capital Expenditures in the three quarters before Q2 2026 was $805.2 million (Q1 2026), $846.3 million (Q4 2025) and $640.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 2.78 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 2.95 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 1.26 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 1.08 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | -1.16 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 1.04 Bn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 860.00 Mn |
| 10 | Nisource | 18.70 Bn | 20.67 Bn | 1.15 Bn | 1.10 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 805.20 Mn |
| Dec 31, 2025 | 846.30 Mn |
| Sep 30, 2025 | 640.50 Mn |
| Jun 30, 2025 | 658.20 Mn |
| Mar 31, 2025 | 637.30 Mn |
| Dec 31, 2024 | 760.00 Mn |
| Sep 30, 2024 | 634.70 Mn |
| Jun 30, 2024 | 629.80 Mn |
| Mar 31, 2024 | 589.50 Mn |
| Dec 31, 2023 | 760.20 Mn |
| Sep 30, 2023 | 723.70 Mn |
| Jun 30, 2023 | 604.80 Mn |
| Mar 31, 2023 | 557.10 Mn |
| Dec 31, 2022 | 680.10 Mn |
| Sep 30, 2022 | 606.00 Mn |
| Jun 30, 2022 | 466.90 Mn |
| Mar 31, 2022 | 450.10 Mn |
| Dec 31, 2021 | 545.20 Mn |
| Sep 30, 2021 | 494.70 Mn |
Nisource Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();