Skip to content

NiSource NI Regulatory liabilities

Regulatory liabilities at other companies

American Electric Power logo
American Electric PowerAEP
$8.23B
Duke Energy logo
Duke EnergyDUK
$1.26B+2.4%
OGS
ONE GASOGS
$21.64M-45.4%
New Jersey Resources logo
New Jersey ResourcesNJR
$72.35M+36.0%
Unitil logo
UnitilUTL
$23.4M-1.7%
Xcel Energy logo
Xcel EnergyXEL
$701M-14.0%

Other financials

Income statement

See full
Revenue$2.3B+8.0%
Gross profit$1.7B+10.1%
Operating income$819.2M+7.9%
Net income$507.1M+6.8%
EPS (diluted)$1.06+6.0%

Balance sheet

See full
Cash & equivalents$71.9M-72.3%
Total debt$16.7B+23.1%
Total equity$9.7B+8.6%
Total assets$36.6B+10.6%

Cash flow

See full
Operating cash flow$442.3M-35.6%
CapEx$805.2M+26.3%
Free cash flow-$362.9M-839%

Valuation

See full
Market cap$22.41B+13.6%
Enterprise value$39.09B+15.4%
P/E23.3×+1.1×
P/S0.0×

Profitability

See full
Gross margin44.9%-0.7pp
Operating margin16.7%-0.3pp
Net margin8.5%-0.6pp
FCF margin-7.3%+0.7pp

Returns & leverage

See full
Return on equity10.4%0.0pp
Debt / equity1.7×+0.2×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by NiSource in its filing.

Tagged under the XBRL concept us-gaap:RegulatoryLiabilityCurrent.

The official record: NiSource’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about NiSource's regulatory liabilities.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is NiSource's regulatory liabilities?
NiSource (NI) reported regulatory liabilities of $204.3M in Q1 2026.
How has NiSource's regulatory liabilities changed year-over-year?
NiSource's regulatory liabilities decreased by 12.5% year-over-year, from $233.5M to $204.3M.
What is the long-term trend for NiSource's regulatory liabilities?
Over 5 years (2020 to 2025), NiSource's regulatory liabilities has grown at a 10.0% compound annual growth rate (CAGR), from $161.3M to $260.1M.
What does regulatory liabilities mean?
Regulatory liabilities represent obligations to refund or credit ratepayers for amounts previously collected in rates, as mandated by utility regulators. These arise when regulators determine that certain costs collected from customers should be returned or when specific accounting treatments are required. They are a unique feature of the regulated utility business model.