NiSource Inc (NI) — Cash Flow Reinvestment Rate
Latest as of March 2026:
1.82x
NiSource Inc (NI) has a Cash Flow Reinvestment Rate of 1.82x as of March 2026, reinvesting $805.20 Million (capex $805.20 Million ) from operating cash flow of $442.30 Million. Check NI cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
1.82x
(Capex + Investments) / Operating CF
Total Reinvested
$805.20 Million
Capex + Investments
Operating Cash Flow
$442.30 Million
USD
Capital Expenditures
$805.20 Million
USD
NiSource Inc Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for NiSource Inc across 31 annual periods. Explore NiSource Inc (NI) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for NiSource Inc (1994–2025)
Year-by-year capital reinvestment analysis for NiSource Inc. For live market cap and broader valuation context, see NiSource Inc stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.20x | $2.84 Billion | $2.36 Billion | $2.78 Billion | ▼ -63.5% |
| 2024 | 3.29x | $5.86 Billion | $1.78 Billion | $2.64 Billion | ▲ +5.4% |
| 2023 | 3.12x | $6.04 Billion | $1.94 Billion | $2.65 Billion | ▼ -7.9% |
| 2022 | 3.39x | $4.77 Billion | $1.41 Billion | $2.20 Billion | ▲ +2.0% |
| 2021 | 3.32x | $4.04 Billion | $1.22 Billion | $1.84 Billion | ▲ +39.0% |
| 2020 | 2.39x | $2.64 Billion | $1.10 Billion | $1.76 Billion | ▲ +1.5% |
| 2019 | 2.35x | $3.72 Billion | $1.58 Billion | $1.80 Billion | ▼ -66.1% |
| 2018 | 6.93x | $3.74 Billion | $540.10 Million | $1.82 Billion | ▲ +202.5% |
| 2017 | 2.29x | $1.70 Billion | $742.20 Million | $1.70 Billion | ▼ -39.8% |
| 2016 | 3.81x | $3.06 Billion | $803.30 Million | $1.48 Billion | ▲ +306.5% |
| 2015 | 0.94x | $1.36 Billion | $1.46 Billion | $1.36 Billion | ▼ -41.1% |
| 2014 | 1.59x | $2.10 Billion | $1.32 Billion | $2.03 Billion | ▲ +21.5% |
| 2013 | 1.31x | $1.88 Billion | $1.44 Billion | $1.88 Billion | ▲ +11.3% |
| 2012 | 1.18x | $1.50 Billion | $1.28 Billion | $1.50 Billion | ▼ -9.1% |
| 2011 | 1.29x | $1.13 Billion | $870.20 Million | $1.13 Billion | ▲ +7.3% |
| 2010 | 1.21x | $867.90 Million | $720.00 Million | $803.80 Million | ▲ +156.0% |
| 2009 | 0.47x | $777.20 Million | $1.65 Billion | $777.20 Million | ▼ -78.8% |
| 2008 | 2.22x | $1.30 Billion | $584.20 Million | $1.30 Billion | ▲ +113.7% |
| 2007 | 1.04x | $788.30 Million | $757.20 Million | $788.30 Million | ▲ +88.8% |
| 2006 | 0.55x | $637.40 Million | $1.16 Billion | $637.40 Million | ▼ -33.5% |
| 2005 | 0.83x | $590.40 Million | $712.30 Million | $590.40 Million | ▲ +64.0% |
| 2004 | 0.51x | $517.00 Million | $1.02 Billion | $517.00 Million | ▼ -58.4% |
| 2003 | 1.22x | $574.60 Million | $472.90 Million | $574.60 Million | ▲ +129.1% |
| 2002 | 0.53x | $621.90 Million | $1.17 Billion | $621.90 Million | ▼ -17.2% |
| 2001 | 0.64x | $668.10 Million | $1.04 Billion | $668.10 Million | ▼ -73.1% |
| 1999 | 2.38x | $1.08 Billion | $453.00 Million | $1.08 Billion | ▲ +369.2% |
| 1998 | 0.51x | $245.80 Million | $484.10 Million | $245.80 Million | ▼ -0.6% |
| 1997 | 0.51x | $218.90 Million | $428.50 Million | $218.90 Million | ▼ -19.3% |
| 1996 | 0.63x | $203.10 Million | $321.00 Million | $203.10 Million | ▲ +30.5% |
| 1995 | 0.48x | $189.80 Million | $391.50 Million | $189.80 Million | ▼ -18.7% |
| 1994 | 0.60x | $200.60 Million | $336.40 Million | $200.60 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow