Nisource (NI) Capital Expenditures (2010 - 2026)

Nisource (NI) reported Capital Expenditures of $805.2 million for Q1 2026, up 26.35% on a YoY basis from $637.3 million in Q1 2025, and down 4.86% quarter-over-quarter from $846.3 million in Q4 2025.

Nisource (NI) Capital Expenditures (2010 - 2026) Analysis & Trends

Nisource has reported Capital Expenditures for 17 years, with the latest figure at $805.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 26.35% year-over-year to $805.2 million; the trailing twelve-month figure through Mar 2026 stood at $3.0 billion (up 10.83% YoY), and the FY2025 full-year result was $2.8 billion, up 6.44% from the prior year.
  • Capital Expenditures for Q1 2026 stood at $805.2 million, down from $846.3 million in the prior quarter.
  • The five-year high for Capital Expenditures was $846.3 million in Q4 2025, with the low at $450.1 million in Q1 2022.
  • Historically, Capital Expenditures has averaged $650.0 million across 5 years, with a median of $637.3 million in 2025.
  • Annual changes were most pronounced in 2023 — Capital Expenditures grew 29.54% — and 2024, when it decreased 12.3%.
  • Nisource's Capital Expenditures 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - 1.00 Bn
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 805.20 Mn
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 170.00 Mn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn -9.94 Mn
5 Black Hills 5.49 Bn 5.46 Bn - 87.70 Mn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 156.53 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - 35.50 Mn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 20.23 Mn
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 141.90 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -201.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 760.20 Mn
Dec 31, 2023 760.20 Mn