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| Date | Value |
|---|---|
| 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 |