Discontinued — last reported Q4 '23

Business Segments · Customer revenues

Gas Distribution Operations — Customer revenues

NiSource Gas Distribution Operations — Customer revenues increased by 88.3% to $1.00B in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 20.6%, from $1.26B to $1.00B. Over 2 years (FY 2021 to FY 2023), Gas Distribution Operations — Customer revenues shows an upward trend with a 8.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ4 2023
Rolls up toTotal Revenue

How to read this metric

Growth indicates successful rate increases, customer base expansion, or higher consumption, while a decline may signal regulatory pressure or reduced demand.

Detailed definition

This metric captures the total revenue generated from the sale and delivery of natural gas to residential, commercial, a...

Peer comparison

Standard revenue line item for all gas utilities; comparable across the sector based on customer count and rate base.

Metric ID: ni_segment_gas_distribution_operations_customer_revenues

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$577.30M$475.30M$992.00M$1.44B$744.30M$575.50M$1.26B$1.50B$695.90M$531.50M$1.00B
QoQ Change-17.7%+108.7%+45.1%-48.3%-22.7%+119.0%+19.4%-53.7%-23.6%+88.3%
YoY Change+28.9%+21.1%+27.0%+4.5%-6.5%-7.6%-20.6%
Range$475.30M$1.50B
CAGR+24.6%
Avg YoY Growth+6.7%
Median YoY Growth+4.5%

Frequently Asked Questions

What is NiSource's gas distribution operations — customer revenues?
NiSource (NI) reported gas distribution operations — customer revenues of $1.00B in Q4 2023.
How has NiSource's gas distribution operations — customer revenues changed year-over-year?
NiSource's gas distribution operations — customer revenues decreased by 20.6% year-over-year, from $1.26B to $1.00B.
What is the long-term trend for NiSource's gas distribution operations — customer revenues?
Over 2 years (2021 to 2023), NiSource's gas distribution operations — customer revenues has grown at a 8.3% compound annual growth rate (CAGR), from $3.18B to $3.73B.
What does gas distribution operations — customer revenues mean?
Total income earned directly from providing natural gas services to customers.