Northland Power Inc. (NPI) — Free Cash Flow Generation Index
Northland Power Inc. (NPI) has a Free Cash Flow Generation Index of 0.91x as of March 2026. Free cash flow of CA$465.57 Million represents 1% of operating cash flow (CA$511.85 Million). Explore NPI capex to operating cash flow 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
Northland Power Inc. Free Cash Flow Generation Index (1999–2025)
Historical FCF Generation Index trend for Northland Power Inc. across 27 annual periods. For the full cash flow conversion analysis, see Northland Power Inc. (NPI) cash flow conversion.
Annual Free Cash Flow Generation for Northland Power Inc. (1999–2025)
Year-by-year Free Cash Flow Generation Index for Northland Power Inc.. Check how aggressively does Northland Power Inc. reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.88x | CA$976.54 Million | CA$1.11 Billion | CA$135.55 Million | ▲ +358.1% |
| 2024 | 0.19x | CA$130.97 Million | CA$683.18 Million | CA$552.22 Million | ▲ +382.2% |
| 2023 | 0.04x | CA$18.26 Million | CA$459.37 Million | CA$441.11 Million | ▼ -94.3% |
| 2022 | 0.70x | CA$1.04 Billion | CA$1.50 Billion | CA$452.58 Million | ▲ +8.0% |
| 2021 | 0.65x | CA$858.02 Million | CA$1.33 Billion | CA$469.79 Million | ▼ -16.8% |
| 2020 | 0.78x | CA$785.95 Million | CA$1.01 Billion | CA$226.57 Million | ▲ +328.1% |
| 2019 | 0.18x | CA$169.66 Million | CA$935.70 Million | CA$766.04 Million | ▼ -64.9% |
| 2018 | 0.52x | CA$422.87 Million | CA$819.76 Million | CA$396.89 Million | ▲ +224.5% |
| 2017 | -0.41x | CA$-239.03 Million | CA$576.75 Million | CA$815.78 Million | ▲ +79.9% |
| 2016 | -2.06x | CA$-1.09 Billion | CA$531.80 Million | CA$1.63 Billion | ▲ +66.7% |
| 2015 | -6.19x | CA$-1.67 Billion | CA$269.46 Million | CA$1.94 Billion | ▼ -1.2% |
| 2014 | -6.11x | CA$-1.56 Billion | CA$255.20 Million | CA$1.81 Billion | ▼ -638.0% |
| 2013 | -0.83x | CA$-151.88 Million | CA$183.43 Million | CA$335.31 Million | ▲ +57.8% |
| 2012 | -1.96x | CA$-201.15 Million | CA$102.59 Million | CA$303.74 Million | ▲ +40.4% |
| 2011 | -3.29x | CA$-277.77 Million | CA$84.49 Million | CA$362.26 Million | ▼ -27.4% |
| 2010 | -2.58x | CA$-231.39 Million | CA$89.66 Million | CA$321.05 Million | ▼ -113.1% |
| 2009 | -1.21x | CA$-78.22 Million | CA$64.58 Million | CA$142.80 Million | ▼ -221.2% |
| 2008 | 1.00x | CA$102.65 Million | CA$102.76 Million | CA$105.00K | ▲ +0.0% |
| 2007 | 1.00x | CA$98.54 Million | CA$98.69 Million | CA$147.00K | ▲ +0.1% |
| 2006 | 1.00x | CA$70.42 Million | CA$70.57 Million | CA$152.00K | ▲ +86.7% |
| 2005 | 0.53x | CA$29.73 Million | CA$55.63 Million | CA$25.90 Million | ▲ +228.2% |
| 2004 | -0.42x | CA$-19.76 Million | CA$47.41 Million | CA$67.17 Million | ▼ -143.3% |
| 2003 | 0.96x | CA$39.38 Million | CA$40.88 Million | CA$1.50 Million | ▲ +155.2% |
| 2002 | 0.38x | CA$11.81 Million | CA$31.28 Million | CA$19.47 Million | ▼ -62.1% |
| 2001 | 1.00x | CA$31.91 Million | CA$32.00 Million | CA$89.00K | ▲ +0.4% |
| 2000 | 0.99x | CA$22.98 Million | CA$23.14 Million | CA$152.00K | ▼ -0.4% |
| 1999 | 1.00x | CA$29.19 Million | CA$29.27 Million | CA$82.00K | — |