NiSource Inc Capital Reinvestment Ratio
NiSource Inc capital reinvestment ratio. NiSource Inc (NI) has a Capital Reinvestment Ratio of 1.61x as of June 2026, meaning it reinvests 2% of its operating cash flow ($680.40 Million) in capital expenditures ($1.10 Billion). See free cash flow generation of NiSource Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of NiSource Inc (1994–2025)
Capital reinvestment ratio of NiSource Inc from 1994 to 2025. This chart tracks NiSource Inc's Capital Reinvestment Ratio across 31 annual periods. See NiSource Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
NiSource Inc Capital Reinvestment Ratio by Year (1994–2025)
NiSource Inc capital reinvestment ratio by year from 1994 to 2025. For the full cash flow conversion analysis, see cash flow conversion 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 | — |