Latest period
$2.95B
YoY change
+5.3%
5Y CAGR
+9.6%
Peak year (2025)
$2.78B
Cumulative CapEx
$39.14B
CapEx history chart for NiSource (NI) from 1994 to 2025
Latest: $2.78B
CapEx growth chart for NiSource (NI) from 1994 to 2025
Latest: +5.3%
CapEx history table for NiSource (NI) from 1994 to 2025
| 2025 | $2.78B | +5.3% | +$139.30M | ||
| 2024 | $2.64B | -0.1% | −$2.80M | ||
| 2023 | $2.65B | +20.1% | +$442.70M | ||
| 2022 | $2.20B | +19.9% | +$365.10M | ||
| 2021 | $1.84B | +4.5% | +$79.90M | ||
| 2020 | $1.76B | -2.5% | −$44.30M | ||
| 2019 | $1.80B | -0.9% | −$15.80M | ||
| 2018 | $1.82B | +7.2% | +$122.40M | ||
| 2017 | $1.70B | +15.0% | +$220.60M | ||
| 2016 | $1.48B | +8.4% | +$114.50M | ||
| 2015 | $1.36B | -32.9% | −$667.80M | ||
| 2014 | $2.03B | +7.9% | +$148.60M | ||
| 2013 | $1.88B | +25.4% | +$381.10M | ||
| 2012 | $1.50B | +33.2% | +$373.60M | ||
| 2011 | $1.13B | +40.0% | +$321.40M | ||
| 2010 | $803.80M | +3.4% | +$26.60M | ||
| 2009 | $777.20M | -40.2% | −$522.40M | ||
| 2008 | $1.30B | +64.9% | +$511.30M | ||
| 2007 | $788.30M | +23.7% | +$150.90M | ||
| 2006 | $637.40M | +8.0% | +$47.00M | ||
| 2005 | $590.40M | +14.2% | +$73.40M | ||
| 2004 | $517.00M | -10.0% | −$57.60M | ||
| 2003 | $574.60M | -7.6% | −$47.30M | ||
| 2002 | $621.90M | -6.9% | −$46.20M | ||
| 2001 | $668.10M | +82.7% | +$302.50M | ||
| 2000 | $365.60M | -66.1% | −$713.60M | ||
| 1999 | $1.08B | +339.1% | +$833.40M | ||
| 1998 | $245.80M | +12.3% | +$26.90M | ||
| 1997 | $218.90M | +7.8% | +$15.80M | ||
| 1996 | $203.10M | +7.0% | +$13.30M | ||
| 1995 | $189.80M | -5.4% | −$10.80M | ||
| 1994 | $200.60M | — | — |
- 2025$2.78B+5.3%
- 2024$2.64B-0.1%
- 2023$2.65B+20.1%
- 2022$2.20B+19.9%
- 2021$1.84B+4.5%
- 2020$1.76B-2.5%
- 2019$1.80B-0.9%
- 2018$1.82B+7.2%
- 2017$1.70B+15.0%
- 2016$1.48B+8.4%
- 2015$1.36B-32.9%
- 2014$2.03B+7.9%
- 2013$1.88B+25.4%
- 2012$1.50B+33.2%
- 2011$1.13B+40.0%
- 2010$803.80M+3.4%
- 2009$777.20M-40.2%
- 2008$1.30B+64.9%
- 2007$788.30M+23.7%
- 2006$637.40M+8.0%
- 2005$590.40M+14.2%
- 2004$517.00M-10.0%
- 2003$574.60M-7.6%
- 2002$621.90M-6.9%
- 2001$668.10M+82.7%
- 2000$365.60M-66.1%
- 1999$1.08B+339.1%
- 1998$245.80M+12.3%
- 1997$218.90M+7.8%
- 1996$203.10M+7.0%
- 1995$189.80M-5.4%
- 1994$200.60M—
CapEx values are taken from NiSource's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at NiSource (NI)
According to NiSource's latest reported financial statements, the company's current CapEx (TTM) is $2.95B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, NiSource (NI) CapEx totalled $2.78B – grew 5.3% year-over-year.
Over 2020–2025 (5 years), NiSource CapEx expanded at a +9.6% compound annual rate, with mixed annual results across the window.
2025 marks the peak CapEx at $2.78B, with the historical low of $189.80M recorded in 1995.
NiSource Capital Expenditures by Year
NiSource Capital Expenditures 2025: $2.78B
NiSource CapEx in 2025 was $2.78B, grew 5.3% from 2024. This figure represents the highest annual value in the available history.
NiSource Capital Expenditures 2024: $2.64B
2024's CapEx for NiSource came in at $2.64B, edged down 0.1% below 2023.
NiSource Capital Expenditures 2023: $2.65B
NiSource posted CapEx of $2.65B in 2023, grew 20.1% from 2022.
NiSource Capital Expenditures 2022: $2.20B
In 2022, NiSource reported CapEx of $2.20B, grew 19.9% from 2021.
NiSource Capital Expenditures 2021: $1.84B
NiSource CapEx in 2021 was $1.84B.
See more financial history for NiSource (NI).
Sector peers by CapEx
Utilities peers of NiSource (NI), ranked by their latest CapEx
| $14.02B | |
| $13.39B | |
| $12.64B | |
| $10.61B | |
| $9.27B | |
| $2.95B | |
| $1.28B | |
| $130.00M |
- $14.02B
- $13.39B
- $12.64B
- $10.61B
- $9.27B
- $1.28B
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