Nisource (NI) Raw Materials (2009 - 2026)

Nisource (NI) reported Raw Materials of $193.8 million for Q1 2026, up 5.9% on a YoY basis from $183.0 million in Q1 2025, and up 2.54% quarter-over-quarter from $189.0 million in Q4 2025.

Nisource (NI) Raw Materials (2009 - 2026) Analysis & Trends

Nisource has reported Raw Materials for 18 years, with the latest figure at $193.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Raw Materials rose 5.9% year-over-year to $193.8 million; the trailing twelve-month figure through Mar 2026 stood at $193.8 million (up 5.9% YoY), and the FY2025 full-year result was $189.0 million, up 9.06% from the prior year.
  • Raw Materials for Q1 2026 stood at $193.8 million, up from $189.0 million in the prior quarter.
  • The five-year high for Raw Materials was $193.8 million in Q1 2026, with the low at $141.4 million in Q3 2022.
  • Historically, Raw Materials has averaged $172.7 million across 5 years, with a median of $180.1 million in 2023.
  • Annual changes were most pronounced in 2023 — Raw Materials increased 29.92% — and 2024, when it declined 9.04%.
  • Nisource's Raw Materials stood at $151.4 million in 2022, then rose by 13.67% to $172.1 million in 2023, then increased by 0.7% to $173.3 million in 2024, then gained by 9.06% to $189.0 million in 2025, then increased by 2.54% to $193.8 million in 2026.
  • The last three Raw Materials figures came in at $193.8 million (Q1 2026), $189.0 million (Q4 2025), and $183.3 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 193.80 Mn
Dec 31, 2025 189.00 Mn
Sep 30, 2025 183.30 Mn
Jun 30, 2025 187.70 Mn
Mar 31, 2025 183.00 Mn
Dec 31, 2024 173.30 Mn
Sep 30, 2024 167.10 Mn
Jun 30, 2024 180.80 Mn
Mar 31, 2024 187.20 Mn
Dec 31, 2023 172.10 Mn
Sep 30, 2023 183.70 Mn
Jun 30, 2023 180.10 Mn
Mar 31, 2023 172.60 Mn
Dec 31, 2022 151.40 Mn
Sep 30, 2022 141.40 Mn
Jun 30, 2022 142.90 Mn
Mar 31, 2022 146.90 Mn
Dec 31, 2021 139.10 Mn
Sep 30, 2021 137.10 Mn
Jun 30, 2021 143.50 Mn