Nisource (NI) Payables (2009 - 2026)
Nisource (NI) reported Payables of $2.4 billion for Q1 2026, up 49.4% on a YoY basis from $1.6 billion in Q1 2025, and up 31.02% quarter-over-quarter from $1.9 billion in Q4 2025.
Nisource (NI) Payables (2009 - 2026) Analysis & Trends
Nisource has reported Payables for 18 years, with the latest figure at $2.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 49.4% year-over-year to $2.4 billion; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (up 49.4% YoY), and the FY2025 full-year result was $1.9 billion, up 26.76% from the prior year.
- Payables for Q1 2026 stood at $2.4 billion, up from $1.9 billion in the prior quarter.
- The five-year high for Payables was $3.8 billion in Q4 2023, with the low at $819.0 million in Q2 2025.
- Historically, Payables has averaged $2.0 billion across 5 years, with a median of $2.0 billion in 2024.
- Annual changes were most pronounced in 2022 — Payables jumped 127.71% — and 2024, when it slumped 66.55%.
- Nisource's Payables stood at $2.7 billion in 2022, then jumped by 42.71% to $3.8 billion in 2023, then plunged by 61.36% to $1.5 billion in 2024, then advanced by 26.76% to $1.9 billion in 2025, then soared by 31.02% to $2.4 billion in 2026.
- The last three Payables figures came in at $2.4 billion (Q1 2026), $1.9 billion (Q4 2025), and $2.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 467.02 Mn |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 2.44 Bn |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 827.00 Mn |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | - |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 463.00 Mn |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 897.29 Mn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 153.04 Mn |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 141.57 Mn |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 317.10 Mn |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 1.06 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.44 Bn |
| Dec 31, 2025 | 1.86 Bn |
| Sep 30, 2025 | 2.11 Bn |
| Jun 30, 2025 | 819.00 Mn |
| Mar 31, 2025 | 1.63 Bn |
| Dec 31, 2024 | 1.47 Bn |
| Sep 30, 2024 | 996.90 Mn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 3.80 Bn |
| Sep 30, 2023 | 2.98 Bn |
| Jun 30, 2023 | 2.42 Bn |
| Mar 31, 2023 | 2.05 Bn |
| Dec 31, 2022 | 2.66 Bn |
| Sep 30, 2022 | 2.06 Bn |
| Jun 30, 2022 | 1.31 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 1.26 Bn |
| Sep 30, 2021 | 973.00 Mn |
| Jun 30, 2021 | 574.80 Mn |