Discontinued — last reported Q4 '23
NiSource Electric Operations — Consolidated Depreciation and Amortization remained flat by 0.0% to $100.23M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.5%, from $90.73M to $100.23M. Over 2 years (FY 2021 to FY 2023), Electric Operations — Consolidated Depreciation and Amortization shows an upward trend with a 10.3% CAGR.
A steady increase typically tracks with significant capital investment in new utility plant and infrastructure.
The total non-cash expense recognized for the systematic allocation of the cost of tangible and intangible assets over t...
Standard 'Depreciation and Amortization' expense reported by all capital-intensive utilities.
ni_segment_electric_operations_consolidated_depreciation_and_amortization| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $329.40M | $362.90M | $400.90M |
| YoY Change | — | +10.2% | +10.5% |