Discontinued — last reported Q4 '23
Gas Distribution Operations — Operating Income (Loss)
NiSource Gas Distribution Operations — Operating Income (Loss) increased by 450.6% to $287.40M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.2%, from $291.00M to $287.40M. Over 2 years (FY 2021 to FY 2023), Gas Distribution Operations — Operating Income (Loss) shows an upward trend with a 20.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
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
This is the profit or loss generated by the gas distribution segment after deducting operating expenses, such as depreci...
Peer comparison
The standard measure of segment performance in the utility industry; highly comparable across peer gas distribution companies.
ni_segment_gas_distribution_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 | $61.20M | $11.00M | $198.40M | $510.80M | $80.60M | $33.40M | $291.00M | $446.90M | $115.40M | $52.20M | $287.40M |
| QoQ Change | — | -82.0% | >999% | +157.5% | -84.2% | -58.6% | +771.3% | +53.6% | -74.2% | -54.8% | +450.6% |
| YoY Change | — | — | — | — | +31.7% | +203.6% | +46.7% | -12.5% | +43.2% | +56.3% | -1.2% |
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Frequently Asked Questions
- What is NiSource's gas distribution operations — operating income (loss)?
- NiSource (NI) reported gas distribution operations — operating income (loss) of $287.40M in Q4 2023.
- How has NiSource's gas distribution operations — operating income (loss) changed year-over-year?
- NiSource's gas distribution operations — operating income (loss) decreased by 1.2% year-over-year, from $291.00M to $287.40M.
- What is the long-term trend for NiSource's gas distribution operations — operating income (loss)?
- Over 2 years (2021 to 2023), NiSource's gas distribution operations — operating income (loss) has grown at a 20.9% compound annual growth rate (CAGR), from $617.50M to $901.90M.
- What does gas distribution operations — operating income (loss) mean?
- The profit earned from gas distribution operations before accounting for interest and taxes.