Nisource (NI) Total Debt (2009 - 2026)
Nisource's Total Debt was $17.4 billion in Q2 2026, up 10.5% from $15.76 billion a year earlier and up 3.8% from the prior quarter.
Analysis
Nisource (NI) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Nisource came in at $16.21 billion, up 16.1% from FY2024.
- Total Debt shows a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- In earlier years, Total Debt was $13.96 billion in FY2024 (-1.2%), $14.13 billion in FY2023 (+24.9%), $11.32 billion in FY2022 (+15.4%) and $9.8 billion in FY2021 (+0.6%).
- The Q2 2026 figure marks the highest quarterly Total Debt in data going back to Q4 2009.
- Compared with a year earlier, Total Debt has increased for six straight quarters, with growth averaging 11.0% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q4 2023 (growth of 24.9%); the worst was Q3 2021 (a decline of 9.4%).
- Per Business Quant data, NI's Total Debt in the three quarters before Q2 2026 was $16.77 billion (Q1 2026), $16.21 billion (Q4 2025) and $15.76 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | -6.27 Bn |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 53.22 Bn |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 39.46 Bn |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 22.56 Bn |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 21.81 Bn |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 26.01 Bn |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 10.25 Bn |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 15.99 Bn |
| 10 | Nisource | 18.75 Bn | 20.72 Bn | 1.15 Bn | 17.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.40 Bn |
| Mar 31, 2026 | 16.77 Bn |
| Dec 31, 2025 | 16.21 Bn |
| Sep 30, 2025 | 15.76 Bn |
| Jun 30, 2025 | 15.76 Bn |
| Mar 31, 2025 | 14.89 Bn |
| Dec 31, 2024 | 13.96 Bn |
| Sep 30, 2024 | 13.61 Bn |
| Jun 30, 2024 | 13.48 Bn |
| Mar 31, 2024 | 12.97 Bn |
| Dec 31, 2023 | 14.13 Bn |
| Sep 30, 2023 | 13.26 Bn |
| Jun 30, 2023 | 12.62 Bn |
| Mar 31, 2023 | 11.58 Bn |
| Dec 31, 2022 | 11.32 Bn |
| Sep 30, 2022 | 10.82 Bn |
| Jun 30, 2022 | 10.11 Bn |
| Mar 31, 2022 | 9.76 Bn |
| Dec 31, 2021 | 9.80 Bn |
| Sep 30, 2021 | 9.62 Bn |
API Access
Nisource Total 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=total-debt&ticker=NI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=NI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();