Other

Asset Retirement Obligation

NiSource Asset Retirement Obligation decreased by 9.3% to $49.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.6%, from $50.70M to $49.90M. Over 3 years (FY 2022 to FY 2025), Asset Retirement Obligation shows an upward trend with a 15.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2024

How to read this metric

An increase reflects expanded operational footprints or rising costs for future environmental remediation, impacting long-term balance sheet leverage.

Detailed definition

This represents the total estimated long-term liability for the future retirement of tangible long-lived assets. It acco...

Peer comparison

Standard across oil and gas companies; magnitude is highly correlated with the scale and age of the company's asset base.

Metric ID: other_asset_retirement_obligation

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$35.50M$48.10M$50.70M$57.10M$72.50M$78.00M$69.60M$74.90M$84.60M$50.70M$58.20M$66.30M$55.00M$49.90M
QoQ Change+35.5%+5.4%+12.6%+27.0%+7.6%-10.8%+7.6%+13.0%-40.1%+14.8%+13.9%-17.0%-9.3%
YoY Change+104.2%+62.2%+37.3%+31.2%+16.7%-35.0%-16.4%-11.5%-35.0%-1.6%
Range$35.50M$84.60M
CAGR+11.0%
Avg YoY Growth+15.2%
Median YoY Growth+7.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is NiSource's asset retirement obligation?
NiSource (NI) reported asset retirement obligation of $49.90M in Q1 2026.
How has NiSource's asset retirement obligation changed year-over-year?
NiSource's asset retirement obligation decreased by 1.6% year-over-year, from $50.70M to $49.90M.
What is the long-term trend for NiSource's asset retirement obligation?
Over 3 years (2022 to 2025), NiSource's asset retirement obligation has grown at a 15.7% compound annual growth rate (CAGR), from $35.50M to $55.00M.
What does asset retirement obligation mean?
The total estimated cost to dismantle and clean up assets at the end of their useful life.