Discontinued — last reported Q4 '23
Electric Operations — Operating Income (Loss)
NiSource Electric Operations — Operating Income (Loss) decreased by 59.4% to $71.40M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $67.30M to $71.40M. Over 2 years (FY 2021 to FY 2023), Electric Operations — Operating Income (Loss) shows relatively stable performance with a -1.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher margins, while a decrease suggests rising costs or declining revenue performance.
Detailed definition
The profit or loss generated by the electric operations segment after deducting operating expenses, such as fuel, mainte...
Peer comparison
Standard 'Segment Operating Income' used across the utility industry.
ni_segment_electric_operations_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $79.60M | $140.40M | $79.90M | $99.20M | $72.60M | $123.30M | $67.30M | $81.90M | $49.60M | $175.80M | $71.40M |
| QoQ Change | — | +76.4% | -43.1% | +24.2% | -26.8% | +69.8% | -45.4% | +21.7% | -39.4% | +254.4% | -59.4% |
| YoY Change | — | — | — | — | -8.8% | -12.2% | -15.8% | -17.4% | -31.7% | +42.6% | +6.1% |
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Frequently Asked Questions
- What is NiSource's electric operations — operating income (loss)?
- NiSource (NI) reported electric operations — operating income (loss) of $71.40M in Q4 2023.
- How has NiSource's electric operations — operating income (loss) changed year-over-year?
- NiSource's electric operations — operating income (loss) increased by 6.1% year-over-year, from $67.30M to $71.40M.
- What is the long-term trend for NiSource's electric operations — operating income (loss)?
- Over 2 years (2021 to 2023), NiSource's electric operations — operating income (loss) has grown at a -1.2% compound annual growth rate (CAGR), from $387.80M to $378.70M.
- What does electric operations — operating income (loss) mean?
- The profit earned from electric operations before interest and taxes.