NiSource Inc (NI) — Financial Flexibility Index
NiSource Inc (NI) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of $1.25 Billion (operating CF $442.30 Million minus capex $805.20 Million) represents 0% of total liabilities ($24.67 Billion). Check asset allocation strategy of NiSource Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NiSource Inc Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for NiSource Inc across 32 annual periods. See NiSource Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for NiSource Inc (1994–2025)
Year-by-year free cash flow to debt coverage for NiSource Inc. For the full company profile including market capitalisation, see NiSource Inc market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $5.14 Billion | $2.36 Billion | $24.89 Billion | ▼ -1.3% |
| 2024 | 0.21x | $4.42 Billion | $1.78 Billion | $21.12 Billion | ▼ -4.2% |
| 2023 | 0.22x | $4.58 Billion | $1.94 Billion | $20.94 Billion | ▲ +14.1% |
| 2022 | 0.19x | $3.61 Billion | $1.41 Billion | $18.83 Billion | ▲ +6.0% |
| 2021 | 0.18x | $3.06 Billion | $1.22 Billion | $16.88 Billion | ▲ +2.5% |
| 2020 | 0.18x | $2.86 Billion | $1.10 Billion | $16.20 Billion | ▼ -13.0% |
| 2019 | 0.20x | $3.39 Billion | $1.58 Billion | $16.67 Billion | ▲ +38.2% |
| 2018 | 0.15x | $2.36 Billion | $540.10 Million | $16.05 Billion | ▼ -5.7% |
| 2017 | 0.16x | $2.44 Billion | $742.20 Million | $15.64 Billion | ▲ +0.0% |
| 2016 | 0.16x | $2.28 Billion | $803.30 Million | $14.62 Billion | ▼ -24.5% |
| 2015 | 0.21x | $2.82 Billion | $1.46 Billion | $13.65 Billion | ▲ +15.2% |
| 2014 | 0.18x | $3.35 Billion | $1.32 Billion | $18.69 Billion | ▼ -9.4% |
| 2013 | 0.20x | $3.32 Billion | $1.44 Billion | $16.77 Billion | ▲ +16.2% |
| 2012 | 0.17x | $2.77 Billion | $1.28 Billion | $16.29 Billion | ▲ +34.1% |
| 2011 | 0.13x | $2.00 Billion | $870.20 Million | $15.71 Billion | ▲ +25.2% |
| 2010 | 0.10x | $1.52 Billion | $720.00 Million | $15.02 Billion | ▼ -39.7% |
| 2009 | 0.17x | $2.43 Billion | $1.65 Billion | $14.42 Billion | ▲ +36.8% |
| 2008 | 0.12x | $1.88 Billion | $584.20 Million | $15.30 Billion | ▲ +3.0% |
| 2007 | 0.12x | $1.55 Billion | $757.20 Million | $12.93 Billion | ▼ -12.4% |
| 2006 | 0.14x | $1.79 Billion | $1.16 Billion | $13.14 Billion | ▲ +35.6% |
| 2005 | 0.10x | $1.30 Billion | $712.30 Million | $12.94 Billion | ▼ -20.8% |
| 2004 | 0.13x | $1.54 Billion | $1.02 Billion | $12.12 Billion | ▲ +47.1% |
| 2003 | 0.09x | $1.05 Billion | $472.90 Million | $12.13 Billion | ▼ -39.2% |
| 2002 | 0.14x | $1.79 Billion | $1.17 Billion | $12.64 Billion | ▲ +14.7% |
| 2001 | 0.12x | $1.71 Billion | $1.04 Billion | $13.82 Billion | ▲ +457.4% |
| 2000 | 0.02x | $358.70 Million | $-6.90 Million | $16.15 Billion | ▼ -92.3% |
| 1999 | 0.29x | $1.53 Billion | $453.00 Million | $5.34 Billion | ▲ +45.2% |
| 1998 | 0.20x | $729.90 Million | $484.10 Million | $3.69 Billion | ▲ +7.6% |
| 1997 | 0.18x | $647.40 Million | $428.50 Million | $3.53 Billion | ▲ +6.2% |
| 1996 | 0.17x | $524.10 Million | $321.00 Million | $3.03 Billion | ▼ -19.8% |
| 1995 | 0.22x | $581.30 Million | $391.50 Million | $2.70 Billion | ▲ +6.3% |
| 1994 | 0.20x | $537.00 Million | $336.40 Million | $2.65 Billion | — |