Nisource (NI) Non-Current Debt (2009 - 2026)
Nisource's Non-Current Debt was $15.61 billion in Q2 2026, up 7.9% from $14.47 billion a year earlier and up 1.0% from the prior quarter.
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Analysis
Nisource (NI) Non-Current Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Nisource came in at $15.46 billion, up 28.0% from FY2024.
- Non-Current Debt has now increased for four consecutive years, with a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $12.07 billion in FY2024 (+9.2%), $11.06 billion in FY2023 (+16.1%), $9.52 billion in FY2022 (+3.7%) and $9.18 billion in FY2021 (-0.4%).
- The Q2 2026 figure marks the highest quarterly Non-Current Debt in data going back to Q4 2009.
- Compared with a year earlier, Non-Current Debt has increased for 17 straight quarters, with growth averaging 14.7% over the last eight quarters.
- The best year-over-year quarter for Non-Current Debt over five years was Q4 2025 (growth of 28.0%); the worst was Q4 2021 (a decline of 0.4%).
- Per Business Quant data, NI's Non-Current Debt in the three quarters before Q2 2026 was $15.46 billion (Q1 2026), $15.46 billion (Q4 2025) and $14.47 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | -5.26 Bn |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 46.72 Bn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 35.95 Bn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 19.22 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 19.06 Bn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 23.53 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 9.75 Bn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 14.05 Bn |
| 10 | Nisource | 18.75 Bn | 20.72 Bn | 1.15 Bn | 15.61 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.61 Bn |
| Mar 31, 2026 | 15.46 Bn |
| Dec 31, 2025 | 15.46 Bn |
| Sep 30, 2025 | 14.47 Bn |
| Jun 30, 2025 | 14.47 Bn |
| Mar 31, 2025 | 12.83 Bn |
| Dec 31, 2024 | 12.07 Bn |
| Sep 30, 2024 | 12.09 Bn |
| Jun 30, 2024 | 12.81 Bn |
| Mar 31, 2024 | 11.72 Bn |
| Dec 31, 2023 | 11.06 Bn |
| Sep 30, 2023 | 11.01 Bn |
| Jun 30, 2023 | 11.00 Bn |
| Mar 31, 2023 | 10.26 Bn |
| Dec 31, 2022 | 9.52 Bn |
| Sep 30, 2022 | 9.52 Bn |
| Jun 30, 2022 | 9.52 Bn |
| Mar 31, 2022 | 9.18 Bn |
| Dec 31, 2021 | 9.18 Bn |
| Sep 30, 2021 | 9.19 Bn |
API Access
Nisource Non-Current Debt 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=non-current-debt&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();