NiSource Inc (NI) — Free Cash Flow Generation Index
NiSource Inc (NI) has a Free Cash Flow Generation Index of -0.61x as of June 2026. Free cash flow of $-417.00 Million represents -1% of operating cash flow ($680.40 Million). Explore NiSource Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full cash flow conversion analysis, see NiSource Inc (NI) cash flow conversion.
Annual Free Cash Flow Generation for NiSource Inc (1994–2025)
Year-by-year Free Cash Flow Generation Index for NiSource Inc. Check NiSource Inc (NI) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |