NiSource Inc (NI) — Free Cash Flow Generation Index
NiSource Inc (NI) has a Free Cash Flow Generation Index of -0.82x as of March 2026. Free cash flow of $-362.90 Million represents -1% of operating cash flow ($442.30 Million). Read NI total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
NiSource Inc Free Cash Flow Generation Index (1994–2025)
Historical FCF Generation Index trend for NiSource Inc across 31 annual periods. Explore NiSource Inc (NI) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for NiSource Inc (1994–2025)
Year-by-year Free Cash Flow Generation Index for NiSource Inc. For the full company profile including market capitalisation, see NiSource Inc market cap and net worth.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.18x | $-420.00 Million | $2.36 Billion | $2.78 Billion | ▲ +63.2% |
| 2024 | -0.48x | $-861.50 Million | $1.78 Billion | $2.64 Billion | ▼ -31.7% |
| 2023 | -0.37x | $-710.70 Million | $1.94 Billion | $2.65 Billion | ▲ +34.8% |
| 2022 | -0.56x | $-793.70 Million | $1.41 Billion | $2.20 Billion | ▼ -10.6% |
| 2021 | -0.51x | $-620.10 Million | $1.22 Billion | $1.84 Billion | ▲ +14.1% |
| 2020 | -0.59x | $-654.10 Million | $1.10 Billion | $1.76 Billion | ▼ -328.1% |
| 2019 | -0.14x | $-219.10 Million | $1.58 Billion | $1.80 Billion | ▲ +94.2% |
| 2018 | -2.37x | $-1.28 Billion | $540.10 Million | $1.82 Billion | ▼ -84.2% |
| 2017 | -1.28x | $-953.60 Million | $742.20 Million | $1.70 Billion | ▼ -53.6% |
| 2016 | -0.84x | $-671.90 Million | $803.30 Million | $1.48 Billion | ▼ -1368.0% |
| 2015 | 0.07x | $96.10 Million | $1.46 Billion | $1.36 Billion | ▲ +112.3% |
| 2014 | -0.54x | $-708.90 Million | $1.32 Billion | $2.03 Billion | ▼ -74.2% |
| 2013 | -0.31x | $-443.10 Million | $1.44 Billion | $1.88 Billion | ▼ -76.2% |
| 2012 | -0.18x | $-223.30 Million | $1.28 Billion | $1.50 Billion | ▲ +40.3% |
| 2011 | -0.29x | $-255.00 Million | $870.20 Million | $1.13 Billion | ▼ -151.8% |
| 2010 | -0.12x | $-83.80 Million | $720.00 Million | $803.80 Million | ▼ -122.0% |
| 2009 | 0.53x | $873.50 Million | $1.65 Billion | $777.20 Million | ▲ +143.2% |
| 2008 | -1.22x | $-715.40 Million | $584.20 Million | $1.30 Billion | ▼ -2881.5% |
| 2007 | -0.04x | $-31.10 Million | $757.20 Million | $788.30 Million | ▼ -109.2% |
| 2006 | 0.45x | $518.80 Million | $1.16 Billion | $637.40 Million | ▲ +162.2% |
| 2005 | 0.17x | $121.90 Million | $712.30 Million | $590.40 Million | ▼ -65.4% |
| 2004 | 0.49x | $505.80 Million | $1.02 Billion | $517.00 Million | ▲ +330.0% |
| 2003 | -0.22x | $-101.70 Million | $472.90 Million | $574.60 Million | ▼ -145.8% |
| 2002 | 0.47x | $550.50 Million | $1.17 Billion | $621.90 Million | ▲ +30.7% |
| 2001 | 0.36x | $374.50 Million | $1.04 Billion | $668.10 Million | ▲ +126.0% |
| 1999 | -1.38x | $-626.20 Million | $453.00 Million | $1.08 Billion | ▼ -380.8% |
| 1998 | 0.49x | $238.30 Million | $484.10 Million | $245.80 Million | ▲ +0.6% |
| 1997 | 0.49x | $209.60 Million | $428.50 Million | $218.90 Million | ▲ +33.2% |
| 1996 | 0.37x | $117.90 Million | $321.00 Million | $203.10 Million | ▼ -28.7% |
| 1995 | 0.52x | $201.70 Million | $391.50 Million | $189.80 Million | ▲ +27.6% |
| 1994 | 0.40x | $135.80 Million | $336.40 Million | $200.60 Million | — |