Discontinued — last reported Q4 '24
Other
Depreciation differences
NiSource Depreciation differences remained flat by 0.0% to 0.3% in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 76.6%, from 1.2% to 0.3%. Over 3 years (FY 2021 to FY 2024), Depreciation differences shows a downward trend with a -41.5% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2024Feb 12, 2025
How to read this metric
Large adjustments indicate significant capital investment activity and the use of accelerated tax depreciation methods.
Detailed definition
Captures the tax reconciliation impact of differences in depreciation methods used for financial reporting versus tax re...
Peer comparison
Standard for capital-intensive sectors; comparable to depreciation-related tax reconciliation items in peer utility or industrial filings.
Metric ID:
other_effective_income_tax_rate_reconciliation_nondeduct_950252Historical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | 5.5% | 4% | 4.7% | 1.1% |
| YoY Change | — | -27.3% | +17.5% | -76.6% |
Range1.1% – 5.5%
CAGR-41.5%
Avg YoY Growth-28.8%
Median YoY Growth-27.3%
Depreciation differences at Other Companies
Frequently Asked Questions
- What is NiSource's depreciation differences?
- NiSource (NI) reported depreciation differences of 0.3% in Q4 2024.
- How has NiSource's depreciation differences changed year-over-year?
- NiSource's depreciation differences decreased by 76.6% year-over-year, from 1.2% to 0.3%.
- What is the long-term trend for NiSource's depreciation differences?
- Over 3 years (2021 to 2024), NiSource's depreciation differences has grown at a -41.5% compound annual growth rate (CAGR), from 5.5% to 1.1%.
- What does depreciation differences mean?
- The tax reconciliation adjustment for differences between book and tax depreciation.