Nisource (NI) Invested Capital (2009 - 2026)
Nisource's (NI) quarterly Invested Capital came in at $27.4 billion in Q1 2026, up 15.17% YoY from $23.8 billion in Q1 2025, and up 0.99% on a QoQ basis from $27.1 billion in Q4 2025.
Nisource (NI) Invested Capital (2009 - 2026) Analysis & Trends
Nisource (NI) has 18 years of Invested Capital data on file, last reported at $27.4 billion in Q1 2026.
- Quarterly Invested Capital rose 15.17% year-over-year to $27.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $27.4 billion (up 15.17% YoY) and the FY2025 annual result came in at $27.1 billion, up 19.24% from the prior year.
- Invested Capital improved to $27.4 billion in Q1 2026, from $27.1 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $27.4 billion in Q1 2026 to a low of $16.7 billion in Q1 2022.
- A 5-year average of $21.4 billion and a median of $21.5 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital climbed 5.89% — and 2024, when it climbed 21.83%.
- Tracing NI's Invested Capital over 5 years: stood at $17.4 billion in 2022, then increased by 21.61% to $21.2 billion in 2023, then gained by 7.32% to $22.7 billion in 2024, then climbed by 19.24% to $27.1 billion in 2025, then climbed by 0.99% to $27.4 billion in 2026.
- The last three Invested Capital figures came in at $27.4 billion (Q1 2026), $27.1 billion (Q4 2025), and $25.7 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.94 Bn | 28.41 Bn | - | 25.07 Bn |
| 2 | Nisource | 20.08 Bn | 20.01 Bn | 867.50 Mn | 27.51 Bn |
| 3 | Ugi | 8.16 Bn | 7.68 Bn | 573.00 Mn | 18.00 Mn |
| 4 | Black Hills | 5.60 Bn | 5.52 Bn | - | 410.00 Mn |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 5.84 Bn |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 5.88 Bn |
| 7 | Mdu Resources | 4.30 Bn | 4.26 Bn | - | 4.70 Mn |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 2.99 Bn |
| 9 | Centuri Holdings | 2.22 Bn | 2.18 Bn | 69.14 Mn | 14.00 Mn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 12.79 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.51 Bn |
| Mar 31, 2026 | 27.39 Bn |
| Dec 31, 2025 | 27.12 Bn |
| Sep 30, 2025 | 25.71 Bn |
| Jun 30, 2025 | 25.47 Bn |
| Mar 31, 2025 | 23.78 Bn |
| Dec 31, 2024 | 22.74 Bn |
| Sep 30, 2024 | 22.42 Bn |
| Jun 30, 2024 | 22.63 Bn |
| Mar 31, 2024 | 21.52 Bn |
| Dec 31, 2023 | 21.19 Bn |
| Sep 30, 2023 | 18.78 Bn |
| Jun 30, 2023 | 18.57 Bn |
| Mar 31, 2023 | 18.27 Bn |
| Dec 31, 2022 | 17.43 Bn |
| Sep 30, 2022 | 17.03 Bn |
| Jun 30, 2022 | 17.06 Bn |
| Mar 31, 2022 | 16.71 Bn |
| Dec 31, 2021 | 16.46 Bn |
| Sep 30, 2021 | 15.77 Bn |