Nisource (NI) Capital Expenditures (2010 - 2026)
Nisource's (NI) quarterly Capital Expenditures came in at $805.2 million in Q1 2026, up 26.35% YoY from $637.3 million in Q1 2025, and down 4.86% on a QoQ basis from $846.3 million in Q4 2025.
Nisource (NI) Capital Expenditures (2010 - 2026) Analysis & Trends
Nisource (NI) has 17 years of Capital Expenditures data on file, last reported at $805.2 million in Q1 2026.
- Quarterly Capital Expenditures rose 26.35% year-over-year to $805.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 billion (up 10.83% YoY) and the FY2025 annual result came in at $2.8 billion, up 6.44% from the prior year.
- Capital Expenditures fell to $805.2 million in Q1 2026, from $846.3 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $846.3 million in Q4 2025 to a low of $450.1 million in Q1 2022.
- A 5-year average of $650.0 million and a median of $637.3 million in 2025 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures grew 29.54% — and 2024, when it decreased 12.3%.
- Tracing NI's Capital Expenditures over 5 years: stood at $680.1 million in 2022, then advanced by 11.78% to $760.2 million in 2023, then retreated by 0.03% to $760.0 million in 2024, then gained by 11.36% to $846.3 million in 2025, then retreated by 4.86% to $805.2 million in 2026.
- The last three Capital Expenditures figures came in at $805.2 million (Q1 2026), $846.3 million (Q4 2025), and $640.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.08 Bn | 28.55 Bn | - | 1.04 Bn |
| 2 | Nisource | 20.20 Bn | 20.13 Bn | 867.50 Mn | 1.10 Bn |
| 3 | Ugi | 8.24 Bn | 7.76 Bn | 573.00 Mn | 226.00 Mn |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 18.78 Mn |
| 5 | Black Hills | 5.60 Bn | 5.52 Bn | - | 218.10 Mn |
| 6 | ONE Gas | 5.17 Bn | 5.14 Bn | 272.01 Mn | 173.50 Mn |
| 7 | Mdu Resources | 4.34 Bn | 4.29 Bn | - | 101.09 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 125.00 Mn |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | 27.91 Mn |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.45 Bn | 572.00 Mn | 357.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 805.20 Mn |
| Mar 31, 2026 | 805.20 Mn |
| Dec 31, 2025 | 846.30 Mn |
| Dec 31, 2025 | 846.30 Mn |
| Sep 30, 2025 | 640.50 Mn |
| Sep 30, 2025 | 640.50 Mn |
| Jun 30, 2025 | 658.20 Mn |
| Jun 30, 2025 | 658.20 Mn |
| Mar 31, 2025 | 637.30 Mn |
| Mar 31, 2025 | 637.30 Mn |
| Dec 31, 2024 | 760.00 Mn |
| Dec 31, 2024 | 760.00 Mn |
| Sep 30, 2024 | 634.70 Mn |
| Sep 30, 2024 | 634.70 Mn |
| Jun 30, 2024 | 629.80 Mn |
| Jun 30, 2024 | 629.80 Mn |
| Mar 31, 2024 | 589.50 Mn |
| Mar 31, 2024 | 589.50 Mn |