NiSource Columbia Operations — Utilities Operating Expense, Maintenance and Operations increased by 7.0% to $278.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.6%, from $243.00M to $278.40M. Over 3 years (FY 2022 to FY 2025), Columbia Operations — Utilities Operating Expense, Maintenance and Operations shows an upward trend with a 5.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher maintenance requirements or inflationary pressures, while a decrease suggests operational efficiency gains.
The recurring costs required to operate and maintain the utility infrastructure, including labor, materials, and adminis...
Standard 'O&M' expense; peers focus on managing this to improve operating margins within regulatory constraints.
ni_segment_columbia_operations_utilities_operating_expense_maintenance_and_operations| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $197.83M | $197.83M | $197.83M | $197.83M | $198.08M | $198.08M | $198.08M | $198.08M | $210.70M | $191.30M | $202.90M | $232.60M | $243.00M | $207.70M | $212.80M | $260.20M | $278.40M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.1% | +0.0% | +0.0% | +0.0% | +6.4% | -9.2% | +6.1% | +14.6% | +4.5% | -14.5% | +2.5% | +22.3% | +7.0% |
| YoY Change | — | — | — | — | +0.1% | +0.1% | +0.1% | +0.1% | +6.4% | -3.4% | +2.4% | +17.4% | +15.3% | +8.6% | +4.9% | +11.9% | +14.6% |