Company / Interest Expense
NiSource Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$341.1M
FY2023
5-year range
$341.1M / $378.9M
FY2019-FY2023
Trend
-8.0%
vs FY2022
Sector context
#16 of 31
Utilities
What the data says
At $341M, NiSource's interest expense ranks #16 of 31 in the Utilities sector. Interest Expense has fluctuated over the past 8 years, ranging from $341M in FY2023 to $379M in FY2021.
Based on SEC 10-K filings.
$341M in FY2023 with a 5-year CAGR of -0.7%.
Improved from $379M to $341M over the past 2 years.
Utilities sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -1.2%
- 5-Year CAGR
- -0.7%
- 10-Year CAGR
- -
Sector benchmark
#16 of 31 in UtilitiesTop 48% of 31This company $341.1M Sector average $686.7M
▼
-50.3% below sector average
Key checks
Key Insights
- 5-year CAGR of -0.7%, indicating a declining trend.
- In FY2023, interest expense decreased 8.0% year-over-year.
- Ranks #16 out of 31 companies in the Utilities sector.
- Peak interest expense was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.46 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $341.1M | -8.0% |
| FY2022 | $370.7M | -2.2% |
| FY2021 | $378.9M | +7.2% |
| FY2020 | $353.3M | -6.8% |
| FY2019 | $378.9M | +7.2% |
| FY2018 | $353.3M | +0.0% |
| FY2017 | $353.2M | +1.1% |
| FY2016 | $349.5M | -8.1% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026