NiSource Inc (NI) — Capital Reinvestment Ratio
NiSource Inc (NI) has a Capital Reinvestment Ratio of 1.82x as of March 2026, meaning it reinvests 2% of its operating cash flow ($442.30 Million) in capital expenditures ($805.20 Million). See NiSource Inc balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
NiSource Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks NiSource Inc's Capital Reinvestment Ratio across 31 annual periods. Check NiSource Inc (NI) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for NiSource Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for NiSource Inc from 1994 to 2025. For live market cap and broader valuation context, see market value of NiSource Inc.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.18x | $2.36 Billion | $2.78 Billion | ▼ -20.6% |
| 2024 | 1.48x | $1.78 Billion | $2.64 Billion | ▲ +8.5% |
| 2023 | 1.37x | $1.94 Billion | $2.65 Billion | ▼ -12.5% |
| 2022 | 1.56x | $1.41 Billion | $2.20 Billion | ▲ +3.6% |
| 2021 | 1.51x | $1.22 Billion | $1.84 Billion | ▼ -5.2% |
| 2020 | 1.59x | $1.10 Billion | $1.76 Billion | ▲ +39.9% |
| 2019 | 1.14x | $1.58 Billion | $1.80 Billion | ▼ -66.2% |
| 2018 | 3.37x | $540.10 Million | $1.82 Billion | ▲ +47.3% |
| 2017 | 2.28x | $742.20 Million | $1.70 Billion | ▲ +24.4% |
| 2016 | 1.84x | $803.30 Million | $1.48 Billion | ▲ +96.6% |
| 2015 | 0.93x | $1.46 Billion | $1.36 Billion | ▼ -39.2% |
| 2014 | 1.54x | $1.32 Billion | $2.03 Billion | ▲ +17.5% |
| 2013 | 1.31x | $1.44 Billion | $1.88 Billion | ▲ +11.3% |
| 2012 | 1.18x | $1.28 Billion | $1.50 Billion | ▼ -9.1% |
| 2011 | 1.29x | $870.20 Million | $1.13 Billion | ▲ +15.8% |
| 2010 | 1.12x | $720.00 Million | $803.80 Million | ▲ +137.1% |
| 2009 | 0.47x | $1.65 Billion | $777.20 Million | ▼ -78.8% |
| 2008 | 2.22x | $584.20 Million | $1.30 Billion | ▲ +113.7% |
| 2007 | 1.04x | $757.20 Million | $788.30 Million | ▲ +88.8% |
| 2006 | 0.55x | $1.16 Billion | $637.40 Million | ▼ -33.5% |
| 2005 | 0.83x | $712.30 Million | $590.40 Million | ▲ +64.0% |
| 2004 | 0.51x | $1.02 Billion | $517.00 Million | ▼ -58.4% |
| 2003 | 1.22x | $472.90 Million | $574.60 Million | ▲ +129.1% |
| 2002 | 0.53x | $1.17 Billion | $621.90 Million | ▼ -17.2% |
| 2001 | 0.64x | $1.04 Billion | $668.10 Million | ▼ -73.1% |
| 1999 | 2.38x | $453.00 Million | $1.08 Billion | ▲ +369.2% |
| 1998 | 0.51x | $484.10 Million | $245.80 Million | ▼ -0.6% |
| 1997 | 0.51x | $428.50 Million | $218.90 Million | ▼ -19.3% |
| 1996 | 0.63x | $321.00 Million | $203.10 Million | ▲ +30.5% |
| 1995 | 0.48x | $391.50 Million | $189.80 Million | ▼ -18.7% |
| 1994 | 0.60x | $336.40 Million | $200.60 Million | — |