Nisource (NI) Regulatory Assets (2009 - 2026)
Nisource's Regulatory Assets was $2.45 billion in Q3 2026, compared with $5.70 a year earlier and up 3.7% from the prior quarter.
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Analysis
Nisource (NI) Regulatory Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Regulatory Assets at Nisource came in at $2.23 billion, down 10.2% from FY2024.
- Regulatory Assets shows a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- In earlier years, Regulatory Assets was $2.48 billion in FY2024 (+0.7%), $2.46 billion in FY2023 (-4.7%), $2.58 billion in FY2022 (+3.6%) and $2.49 billion in FY2021 (+29.1%).
- The Q3 2026 figure marks the highest quarterly Regulatory Assets since Q4 2024.
- Compared with a year earlier, Regulatory Assets was higher in three of the last seven quarters, with an average decline of 14.2%.
- The best year-over-year quarter for Regulatory Assets over five years was Q2 2022 (growth of 29.9%); the worst was Q3 2025 (a decline of 100.0%).
- Per Business Quant data, NI's Regulatory Assets in the three quarters before Q3 2026 was $2.36 billion (Q2 2026), $2.3 billion (Q1 2026) and $2.23 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 7.23 Bn |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | - |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 14.41 Bn |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 4.97 Bn |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 8.47 Bn |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 4.88 Bn |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 4.30 Bn |
| 10 | Nisource | 21.54 Bn | 21.23 Bn | 1.14 Bn | 2.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.45 Bn |
| Jun 30, 2026 | 2.36 Bn |
| Mar 31, 2026 | 2.30 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 30, 2025 | 5.70 |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.48 Bn |
| Sep 30, 2024 | 2.21 Bn |
| Jun 30, 2024 | 2.22 Bn |
| Mar 31, 2024 | 2.23 Bn |
| Dec 31, 2023 | 2.46 Bn |
| Sep 30, 2023 | 2.28 Bn |
| Jun 30, 2023 | 2.30 Bn |
| Mar 31, 2023 | 2.32 Bn |
| Dec 31, 2022 | 2.58 Bn |
| Sep 30, 2022 | 2.24 Bn |
| Jun 30, 2022 | 2.31 Bn |
| Mar 31, 2022 | 2.28 Bn |
| Dec 31, 2021 | 2.49 Bn |
API Access
Nisource Regulatory Assets 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=regulatory-assets&ticker=NI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-assets", "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=regulatory-assets&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();