TTM
-12.2%
YoY change
+9.47pp
Trough year (2018)
-25.0%
Peak year (2009)
13.1%
Latest annual
-6.3%
FCF Margin history chart for NiSource (NI) from 1994 to 2025
Latest: -6.3%
FCF Margin change chart for NiSource (NI) from 1994 to 2025
Latest: +9.47pp
FCF Margin history table for NiSource (NI) from 1994 to 2025
| 2025 | -6.3% | +9.47pp | ||
| 2024 | -15.8% | -2.88pp | ||
| 2023 | -12.9% | +0.66pp | ||
| 2022 | -13.6% | -0.91pp | ||
| 2021 | -12.7% | +1.32pp | ||
| 2020 | -14.0% | -9.77pp | ||
| 2019 | -4.2% | +20.78pp | ||
| 2018 | -25.0% | -5.43pp | ||
| 2017 | -19.6% | -4.61pp | ||
| 2016 | -15.0% | -17.02pp | ||
| 2015 | 2.1% | +13.02pp | ||
| 2014 | -11.0% | -3.12pp | ||
| 2013 | -7.8% | -3.42pp | ||
| 2012 | -4.4% | -0.18pp | ||
| 2011 | -4.2% | -2.93pp | ||
| 2010 | -1.3% | -14.44pp | ||
| 2009 | 13.1% | +21.20pp | ||
| 2008 | -8.1% | -7.67pp | ||
| 2007 | -0.4% | -7.32pp | ||
| 2006 | 6.9% | +5.38pp | ||
| 2005 | 1.5% | -6.04pp | ||
| 2004 | 7.6% | +9.22pp | ||
| 2003 | -1.6% | -10.11pp | ||
| 2002 | 8.5% | +4.52pp | ||
| 2001 | 4.0% | +10.14pp | ||
| 2000 | -6.2% | +13.74pp | ||
| 1999 | -19.9% | -28.04pp | ||
| 1998 | 8.1% | +0.02pp | ||
| 1997 | 8.1% | +1.63pp | ||
| 1996 | 6.5% | -5.24pp | ||
| 1995 | 11.7% | +3.61pp | ||
| 1994 | 8.1% | — |
- 2025-6.3%+9.47pp
- 2024-15.8%-2.88pp
- 2023-12.9%+0.66pp
- 2022-13.6%-0.91pp
- 2021-12.7%+1.32pp
- 2020-14.0%-9.77pp
- 2019-4.2%+20.78pp
- 2018-25.0%-5.43pp
- 2017-19.6%-4.61pp
- 2016-15.0%-17.02pp
- 20152.1%+13.02pp
- 2014-11.0%-3.12pp
- 2013-7.8%-3.42pp
- 2012-4.4%-0.18pp
- 2011-4.2%-2.93pp
- 2010-1.3%-14.44pp
- 200913.1%+21.20pp
- 2008-8.1%-7.67pp
- 2007-0.4%-7.32pp
- 20066.9%+5.38pp
- 20051.5%-6.04pp
- 20047.6%+9.22pp
- 2003-1.6%-10.11pp
- 20028.5%+4.52pp
- 20014.0%+10.14pp
- 2000-6.2%+13.74pp
- 1999-19.9%-28.04pp
- 19988.1%+0.02pp
- 19978.1%+1.63pp
- 19966.5%-5.24pp
- 199511.7%+3.61pp
- 19948.1%—
FCF Margin values are taken from NiSource's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at NiSource (NI)
According to NiSource's latest reported financial statements, the company's latest reported free cash flow margin is -12.2%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, NiSource (NI) free cash flow margin totalled -6.32% – expanded 9.5 percentage points year-over-year.
2009 marks the peak free cash flow margin at 13.14%, with the historical low of -24.99% recorded in 2018.
NiSource FCF Margin by Year
NiSource FCF Margin 2025: -6.3%
In 2025, NiSource reported free cash flow margin of -6.32%, expanded 9.5 percentage points from 2024.
NiSource FCF Margin 2024: -15.8%
NiSource free cash flow margin in 2024 was -15.79%, contracted 2.9 percentage points from 2023.
NiSource FCF Margin 2023: -12.9%
2023's free cash flow margin for NiSource came in at -12.91%, expanded 0.7 percentage points from 2022.
NiSource FCF Margin 2022: -13.6%
NiSource posted free cash flow margin of -13.57% in 2022, contracted 0.9 percentage points from 2021.
NiSource FCF Margin 2021: -12.7%
NiSource free cash flow margin in 2021 was -12.66%.
See more financial history for NiSource (NI).
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