Business Segments · CapEx

NIPSCO Operations — CapEx

NiSource NIPSCO Operations — CapEx remained flat by 0.0% to -$627.23M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 11.4%, from -$563.10M to -$627.23M. Over 3 years (FY 2022 to FY 2025), NIPSCO Operations — CapEx shows a downward trend with a 35.0% CAGR.

Analysis

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

How to read this metric

Higher capital expenditures signal growth and infrastructure investment, whereas lower levels may indicate a shift toward maintenance-only spending or capital discipline.

Detailed definition

Measures the cash outflows for the acquisition or construction of long-term utility assets, such as power plants, transm...

Peer comparison

Standard metric for capital-intensive utility companies tracking infrastructure investment cycles.

Metric ID: ni_segment_nipsco_operations_capital_expenditures

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value-$1.02B-$1.29B-$2.25B-$2.51B
YoY Change-27.1%-74.0%-11.4%
Range-$2.51B-$1.02B
CAGR+35.0%
Avg YoY Growth-37.5%
Median YoY Growth-27.1%
Current Streak3+ years decline

Frequently Asked Questions

What is NiSource's nipsco operations — capex?
NiSource (NI) reported nipsco operations — capex of -$627.23M in Q4 2025.
How has NiSource's nipsco operations — capex changed year-over-year?
NiSource's nipsco operations — capex decreased by 11.4% year-over-year, from -$563.10M to -$627.23M.
What is the long-term trend for NiSource's nipsco operations — capex?
Over 3 years (2022 to 2025), NiSource's nipsco operations — capex has grown at a 35.0% compound annual growth rate (CAGR), from -$1.02B to -$2.51B.
What does nipsco operations — capex mean?
The amount of money invested in building or upgrading infrastructure for the NIPSCO segment.