Other
Depreciation
NiSource Depreciation remained flat by 0.0% to $252.23M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $205.10M to $252.23M. Over 4 years (FY 2021 to FY 2025), Depreciation shows an upward trend with a 10.7% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2025Feb 11, 2026
How to read this metric
High depreciation relative to revenue may indicate a capital-intensive business model or significant recent investment in infrastructure.
Detailed definition
The systematic allocation of the cost of tangible assets over their useful lives. This non-cash expense reflects the wea...
Peer comparison
Standard accounting metric across all capital-intensive industries.
Metric ID:
other_depreciationHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $672.10M | $685.00M | $756.90M | $820.40M | $1.01B |
| YoY Change | — | +1.9% | +10.5% | +8.4% | +23.0% |
Range$672.10M – $1.01B
CAGR+10.7%
Avg YoY Growth+10.9%
Median YoY Growth+9.4%
Current Streak4+ years growth
Depreciation at Other Companies
Frequently Asked Questions
- What is NiSource's depreciation?
- NiSource (NI) reported depreciation of $252.23M in Q4 2025.
- How has NiSource's depreciation changed year-over-year?
- NiSource's depreciation increased by 23.0% year-over-year, from $205.10M to $252.23M.
- What is the long-term trend for NiSource's depreciation?
- Over 4 years (2021 to 2025), NiSource's depreciation has grown at a 10.7% compound annual growth rate (CAGR), from $672.10M to $1.01B.
- What does depreciation mean?
- The annual expense representing the aging and usage of physical assets.