Tax

State & Local Tax (Deferred)

NiSource State & Local Tax (Deferred) remained flat by 0.0% to $3.28M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 403.8%, from $650.00K to $3.28M. Over 4 years (FY 2021 to FY 2025), State & Local Tax (Deferred) shows relatively stable performance with a -1.3% CAGR.

Analysis

StatementIncome Statement
SectionTax
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Changes reflect the impact of state-specific tax laws on the timing of tax payments.

Detailed definition

The portion of the income tax provision that is deferred to future periods due to temporary differences between financia...

Peer comparison

Standard tax disclosure for companies with significant regional operations.

Metric ID: msft_deferred_state_and_local_tax_expense

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$13.80M-$23.00M$22.50M$2.60M$13.10M
YoY Change—-266.7%+197.8%-88.4%+403.8%
Range-$23.00M – $22.50M
CAGR-1.3%
Avg YoY Growth+61.6%
Median YoY Growth+54.7%

Frequently Asked Questions

What is NiSource's state & local tax (deferred)?
NiSource (NI) reported state & local tax (deferred) of $3.28M in Q4 2025.
How has NiSource's state & local tax (deferred) changed year-over-year?
NiSource's state & local tax (deferred) increased by 403.8% year-over-year, from $650.00K to $3.28M.
What is the long-term trend for NiSource's state & local tax (deferred)?
Over 4 years (2021 to 2025), NiSource's state & local tax (deferred) has grown at a -1.3% compound annual growth rate (CAGR), from $13.80M to $13.10M.
What does state & local tax (deferred) mean?
State and local taxes that are recognized in the current period but will be paid or realized in future periods.