Business Segments · CapEx

Columbia Operations — CapEx

NiSource Columbia Operations — CapEx remained flat by 0.0% to -$303.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from -$302.25M to -$303.25M. Over 3 years (FY 2022 to FY 2025), Columbia Operations — CapEx shows relatively stable performance with a -0.7% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

High capital expenditures indicate aggressive growth or system hardening, while low expenditures may signal a focus on cash preservation or completion of major projects.

Detailed definition

Measures the cash outflows used by the Columbia Operations segment to acquire, upgrade, and maintain physical assets suc...

Peer comparison

Standard metric for capital-intensive utility businesses to track investment in rate base.

Metric ID: ni_segment_columbia_operations_capital_expenditures

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value-$1.24B-$1.16B-$1.21B-$1.21B
YoY Change+6.3%-4.3%-0.3%
Range-$1.24B-$1.16B
CAGR-0.7%
Avg YoY Growth+0.6%
Median YoY Growth-0.3%
Current Streak2 years decline

Frequently Asked Questions

What is NiSource's columbia operations — capex?
NiSource (NI) reported columbia operations — capex of -$303.25M in Q4 2025.
How has NiSource's columbia operations — capex changed year-over-year?
NiSource's columbia operations — capex decreased by 0.3% year-over-year, from -$302.25M to -$303.25M.
What is the long-term trend for NiSource's columbia operations — capex?
Over 3 years (2022 to 2025), NiSource's columbia operations — capex has grown at a -0.7% compound annual growth rate (CAGR), from -$1.24B to -$1.21B.
What does columbia operations — capex mean?
The amount of money spent on building or upgrading infrastructure within the Columbia Operations segment.